Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 163

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1
Chunk 163
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 incorporated as a Delaware corporation and formed for the purpose of effecting a merger, share exchange, asset acquisition,
stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. We effectuated
our initial business combination using cash from the proceeds of our IPO and the Private Placement Units, the proceeds of the sale of
our capital stock in connection with our initial business combination, shares issued to the owners of the target, debt issued to banks
or other lenders or the owners of the target, or a combination of the foregoing.

Recent Developments 

As had been approved
at the special meeting of the Company’s stockholders held on November 9, 2023, a Certificate of Amendment to the Company’s
Charter to extend the date by which the Company must consummate a business combination from the
February 14, 2024 to May 14, 2024 was filed with the Delaware Secretary of State with an effective date of February 9, 2024. The
foregoing description of the Charter Amendment is qualified in its entirety by the full text of the Charter Amendment, a copy of which
is filed as Exhibit 3.1 to the February 9, 2024 Form 8-K and incorporated herein by reference.

As also previously reported by the Company on Form 8-K dated May 14,
2024, on that date the Company held a special meeting of its stockholders (the “May 14, 2024 Special Meeting”). At
the May 14, 2024 Special Meeting, the Company’s stockholders approved a proposal to amend to the Company’s Charter to
allow the Company to extend the date by which the Company must consummate a business combination from May 14, 2024, to November 14,
2024.

As of the close of business on April 18, 2024, the record date
for the Special Meeting, there were 5,622,954 shares of the Company’s common stock (“Common Stock”) issued
and outstanding, each of which was entitled to one vote with respect to each of the proposals presented at the Special Meeting. A total
of 4,338,495 shares of Common Stock, representing approximately 77.16% of the outstanding shares of Common Stock entitled to vote at the
Special Meeting, were present in person or by proxy, constituting a quorum. The proposals listed below are described in more detail in
the Proxy Statement.

Proposal 1 -