Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 1907

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 9
Chunk 1907
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 Warrant holders, and

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    if, and only if, there is a current registration statement in
    effect with respect to the shares of Common Stock underlying such Warrants at the time of redemption and for the
    entire 30-day trading period referred to above and continuing each day thereafter until the date of redemption.

The Private Placement
Warrants are identical to the Public Warrants underlying the Units sold in the Initial Public Offering, except that the Private Placement
Warrants and the shares of Common Stock issuable upon the exercise of the Private Placement Warrants will not be transferable, assignable
or salable until after the completion of a Business Combination, subject to certain limited exceptions.

The exercise price and
number of shares of Common Stock issuable on exercise of the warrants may be adjusted in certain circumstances including in the event
of a stock dividend, extraordinary dividend or recapitalization, reorganization, merger or consolidation. However, the warrants
will not be adjusted for issuances of shares of Common Stock at a price below their respective exercise prices. Additionally,
in no event will the Company be required to net cash settle the warrants. If the Company is unable to complete a Business Combination
within the Combination Period and the Company liquidates the funds held in the Trust Account, holders of warrants will not receive any
of such funds with respect to their warrants, nor will they receive any distribution from the Company’s assets held outside of the
Trust Account with the respect to such warrants. Accordingly, the warrants may expire worthless.

In addition, if (x) the Company issues additional
shares of Common Stock or equity-linked securities for capital raising purposes in connection with the closing of its initial business
combination at an issue price or effective issue price of less than $9.50 per share of Common Stock (with such issue price or effective
issue price to be determined in good faith by the Company’s Board), (y) the aggregate gross proceeds from such issuances represent
more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial business combination (net
of redemptions), and (z) the Market Value is below $9.50 per share, the exercise price of the warrants will be adjusted (to
the nearest cent) to be equal to 115% of the Market Value, and the $16.50 per share redemption trigger price described above
will be adjusted (to the nearest cent