Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 652

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1B
Chunk 652
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 will not be the surviving entity, the definitive agreement will provide for the holders of rights to receive the
same per share consideration the holders of the common stock will receive in the transaction on an as-converted into common
stock basis.

NOTE 8-FAIR VALUE MEASUREMENTS 

The following table presents
information about the Company’s assets that are measured at fair value on December 31, 2024, and indicates the fair value
hierarchy of the valuation inputs the Company utilized to determine such fair value:

    December 31,  
    Quoted
 Prices In
 Active
 Markets  
    Significant
 Other
 Observable
 Inputs  
    Significant 
Other
 Unobservable
 Inputs 

    2024  
    (Level 1)  
    (Level 2)  
    (Level 3) 
  
    Assets: 

    Investments held in Trust Account 
    $1,847,643  
    $1,847,643  
    $               -  
    $               - 

The following table presents
information about the Company’s assets that are measured at fair value on December 31, 2023, and indicates the fair value
hierarchy of the valuation inputs the Company utilized to determine such fair value:

    December 31,  
    Quoted Prices In Active Markets  
    Significant Other Observable Inputs  
    Significant  Other Unobservable Inputs 

    2023  
    (Level 1)  
    (Level 2)  
    (Level 3) 
  
    Assets: 

    Investments held in Trust Account 
    $36,605,106  
    $36,605,106  
    $           -  
    $             - 

There were no transfers between Levels
1, 2 and 3 during the years ended December 31, 2024 and 2023.

F-23

OSR HOLDINGS, INC.

(f/k/a Bellevue Life Sciences Acquisition Corp.) 

NOTES TO
CONSOLIDATED FINANCIAL STATEMENTS

DECEMBER 31, 2024

NOTE 9–SEGMENT REPORTING

ASC Topic 280, “Segment Reporting,”
establishes standards for companies to report in their consolidated financial statement information about operating segments, products,
services, geographic areas,