Company: OSRH
Filing Date: 2025-05-28
Form Type: S-1
Source: 0001213900-25-048346
Chunk: 81

Company: OSR Holdings, Inc.
Filing Date: 2025-05-28
Form: S-1
Chunk 81
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31, 2025 and December 31, 2024. The Parent has entered into various contractual
commitments related to the acquisition of VAXIMM including a future financial obligation of CHF underlying as of March
31, 2025. Meanwhile, both parties have agreed to remove section 6.1.3 of the license agreement that states that in the event of the Parent’s
sale to a third party, the Licensor shall reimburse the Licensee for reasonable costs and expenses incurred in the preparation, submission,
maintenance, prosecution, and enforcement process.

| (25) | Segment   
 reporting |

The Group operates in operating
segment. Operating segments are defined as components of an enterprise about which separate financial information is evaluated regularly
by the chief operating decision maker (“CODM”) in deciding how to allocate resources and assessing performance. The Group’s
CODM role is fulfilled by the Executive Leadership Team, who allocates resources and assesses performance based upon consolidated financial
information. The geographic segments for the long-lived assets and ROU assets are disclosed below.

There are no external customers that
account for more than 10% of sales for the reporting period.

| (26) | Subsequent 
 events     |

The Group has evaluated subsequent events
from the balance sheet date through May 7, 2025, the date at which the condensed consolidated financial statements were available to be
issued and determined that there are no other items to disclose.

54 Management’s Discussion and Analysis of Financial Condition and Results of Operations References in this prospectus to “we,” “us” or the “Company” refer to by OSR Holdings, Inc. References to our “management” or our “management team” refer to our officers and directors. The following discussion and analysis of the Company’s financial condition and results of operations should be read in conjunction with the financial statements and the notes thereto contained elsewhere in this prospectus. Certain information contained in the discussion and analysis set forth below includes forward-looking statements that involve risks and uncertainties. Overview Prior to our initial Business Combination on February 14, 2025, we were a blank check company 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