Company: OSRH
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109054
Chunk: 146

Company: OSR Holdings, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part II, Item 1
Chunk 146
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Item 1. Legal Proceedings

We may from time to time become subject to a range
of actual or potential claims, lawsuits and other legal and administrative proceedings (including those described below) that may arise
in the ordinary course of business. Some of these claims, lawsuits and other proceedings may range in complexity and result in substantial
uncertainty; it is possible that they may result in damages, fines, penalties, non-monetary sanctions, or relief.

In March and May of 2025, Company Management became
aware of a civil action filed against the Company by Benjamin Securities, Inc., in Supreme Court, New York County, seeking $425,000.00
in brokerage fees and costs that the plaintiff alleges are due and owing. As of September 30, 2025, the matter remains pending.

On September 2, 2025, Chardan Capital Markets,
LLC filed a complaint (the “Complaint”) in the United States District Court for the Southern District of New York against
the Company and Kuk Hyoun Hwang (Chardan Capital Markets, LLC v. OSR Holdings, Inc. et al., No. 1:25-cv-07285-SHS). The Complaint
asserts claims for breach of contract and related causes of action. The case has been assigned to Judge Sidney H. Stein, with Magistrate
Judge Robert W. Lehrburger designated to handle matters that may be referred in this action.

Service of process was waived on September 5,
2025, and an answer to the Complaint was filed on November 4, 2025. On October 6, 2025, the Court entered a Civil Case Management Plan
and Scheduling Order setting discovery deadlines and scheduling a status conference for January 8, 2026, before Judge Stein. The matter
is currently in the early discovery stages.

Item 1A. Risk Factors

In addition to the risk factors set forth below
and the other information set forth in this report, you should carefully consider the factors discussed under Part I, Item 1A, “Risk
Factors” in our Annual Report on Form 10-K for the fiscal year ended December 31, 2024 filed with the SEC on April 22,
2025 (or “2024 Annual Report”), and in the other reports we file with the SEC before making a decision to invest in our securities.
These factors could materially adversely affect our business, financial condition, liquidity, results of operations and