Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 1269

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 5
Chunk 1269
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 all
of the members of the audit committee will be required to approve a related party transaction. We also require each of our directors and
executive officers to complete a directors’ and officers’ questionnaire that elicits information about related party transactions.

These procedures are intended to determine whether any such related
party transaction impairs the independence of a director or presents a conflict of interest on the part of a director, employee or officer.

To further minimize conflicts of interest, we have agreed not to consummate
an initial business combination with an entity that is affiliated with any of our Sponsor, officers or directors unless we have obtained
an opinion from an independent investment banking firm or another independent entity that commonly renders valuation opinions that our
initial business combination is fair to our company from a financial point of view and a majority of our disinterested independent directors
approve such business combination. Furthermore, no finder’s fees, reimbursements, consulting fee, monies in respect of any payment
of a loan or other compensation will be paid by us to our Sponsor, officers, directors or any affiliate of our Sponsor, officers, directors
prior to, for services rendered to us prior to, or in connection with any services rendered in order to effectuate, the consummation of
our initial business combination (regardless of the type of transaction that it is). However, the following payments will be made to our
Sponsor, officers, directors or our or their affiliates, none of which will be made from the proceeds of our IPO held in the Trust Account
prior to the completion of our initial business combination:

●Payment to an affiliate of our Sponsor of $7,500 per month
for office space, utilities and secretarial and administrative support until the closing of our initial business combination;

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●We may pay BCM and/or any of its affiliates, partners or
employees a fee for financial advisory services rendered in connection with our identification, negotiation and consummation of our initial
business combination; the amount of any fee we pay to BCM and/or any of its affiliates, partners or employees will be based upon the
prevailing market for similar services for such transactions at such time, and will be subject to the review of our audit committee pursuant
to the audit committee’s policies and procedures relating to transactions that may present conflicts of interest;

●Reimbursement for any out-of-pocket expenses related to identifying,
investigating and completing an initial business combination; and

●Repayment of loans which may be made by our Sponsor, officers
and directors