Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 63

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1
Chunk 63
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 any complaint asserting a cause
of action arising under the Securities Act. While the Delaware Supreme Court ruled in March 2020 that federal forum selection provisions
purporting to require claims under the Securities Act be brought in federal court were “facially valid” under Delaware law,
there is uncertainty as to whether other courts will enforce the federal forum provision in the Amended Bylaws. Investors also cannot
waive compliance with the federal securities laws and the rules and regulations thereunder.

Anti-takeover provisions contained in the Company Charter
and the Company Bylaws, as well as provisions of Delaware law, could impair a takeover attempt.

The Amended Charter and the Amended Bylaws contain provisions that
could delay or prevent a change of control of our company or changes in our board of directors that our stockholders might consider favorable.
Some of these provisions include:

●a requirement that special meetings of stockholders be called
only by the chairperson of the board of directors, the chief executive officer, or by the directors entitled to cast a majority of the
votes of the whole board of directors;

●advance notice requirements for stockholder proposals and nominations
for election to our board of directors; and

●the authority of the board of directors to issue preferred stock
on terms determined by the board of directors without stockholder approval and which preferred stock may include rights superior to the
rights of the holders of common stock.

These anti-takeover provisions and other provisions in the Company
Charter and the Company Bylaws could make it more difficult for stockholders or potential acquirers to obtain control of our board of
directors or delay or impede a merger, tender offer or proxy contest involving the Company. These provisions could also discourage proxy
contests and make it more difficult for you and other stockholders to elect directors of your choosing or cause the Company to take other
corporate actions you desire. Any delay or prevention of a change of control transaction or changes in the Company’ board of directors
could cause the market price of our common stock to decline.

In addition, because we are incorporated in Delaware and our certificate
of incorporation has not opted out of the application of Section 203 of the DGCL, we are governed by the provisions of Section 203
of the DGCL.

34

In general, Section 203 of the DGCL prohibits a Delaware corporation
that is listed on a national securities exchange or held of record by more than 2,000 stockholders from engaging in a