Company: OSRH
Filing Date: 2025-02-13
Form Type: 425
Source: 0001213900-25-013502
Chunk: 4

Company: OSR Holdings, Inc.
Filing Date: 2025-02-13
Form: 425
Chunk 4
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 |
| 2,175,065 |     |    4,318 |

4. Alcide Barberis

| FOR       |     | WITHHOLD |
| 2,175,065 |     |    4,318 |

5. Seng Chin Mah

| FOR       |     | WITHHOLD |
| 2,175,065 |     |    4,318 |

6. Jin Whan Park

| FOR       |     | WITHHOLD |
| 2,175,065 |     |    4,318 |

7. Sang Hyun Kim

| FOR       |     | WITHHOLD |
| 2,175,065 |     |    4,318 |

8. Hyuk Joo Jee

| FOR       |     | WITHHOLD |
| 2,175,065 |     |    4,318 |

9. Joong Myung Cho

| FOR       |     | WITHHOLD |
| 2,175,065 |     |    4,318 |

Proposal No. 6 – The Nasdaq Proposal

A proposal to approve, for purposes of complying with the applicable
listing rules of the Nasdaq Stock Market LLC, the issuance of shares of BLAC common stock pursuant to the Business Combination Agreement
in connection with the Business Combination.

| FOR       |     | AGAINST |     | ABSTAIN |
| 2,175,065 |     |   4,318 |     | --      |

Proposal No. 7 – The Adjournment Proposal

As there were sufficient votes to approve the above proposals, the
“Adjournment Proposal” described in the Proxy Statement was not presented to shareholders.

Item 8.01 Other Events.

Redemptions

In connection with the votes to approve certain of the above proposals,
57,821 shares of BLAC Common Stock were tendered for redemption.

Press Release

On February 13, 2025, OSR Holdings, Inc. issued a press release announcing
the results of the Special Meeting. A copy of the press release is attached as Exhibit 99.1 hereto and is incorporated by reference herein.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits.

| Exhibit No. 
 3.1         
 99.1        |     | Description                                                                 
 Amended and Restated Certificate of Incorporation                           
 Press Release, dated February 13, 2025                                      |
|:------------