Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 41

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 41
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 (6)6,300,000 is the maximum number of shares to be reserved for issuance under the Omnibus Plan. (7)The number of shares of BLAC Common Stock that the promissory note converts into is obtained by diving (a) the outstanding principal amount and unpaid accrued interest under the note by (b) eight dollars and ten cents ($8.10). As of the date of this proxy statement, there was an outstanding balance under the promissory note of $800,000. For further details, see “ The Business Combination Agreement — General — Structure of the Transactions.” Q: Why is BLAC proposing the Charter Proposal and Advisory Governance Proposals? A:We are asking our stockholders to approve material differences between the Proposed Governing Documents and our Existing Governing Documents. The proposed material differences that we are asking our stockholders to approve include the following: (i)The name of the new public entity will be “OSR Holdings, Inc.” as opposed to “Bellevue Life Sciences Acquisition Corp.,” (ii)Increasing the number of shares of preferred stock that can be issued from 1,000,000shares to 20,000,000shares; (iii)Providing that directors may be removed by the affirmative vote of the holders of at least 66 2/3% of the voting power instead of for cause and by the affirmative vote of holders of a majority of the voting power; (iv)Eliminating the current limitations on the corporate opportunity doctrine;

11 (v)Provide that the quorum required for shareholder meetings is the holders of one -thirdin voting power of the then outstanding shares of capital stock entitled to vote at the meeting instead of the holders of a majority in voting power of the then outstanding shares of capital stock entitled to vote at the meeting; and (vi)Other changes including eliminating certain provisions related to special purpose acquisitions corporations that will no longer be relevant following the Closing. For further details, see the sections entitled “Proposal No. 2 — The Charter Proposal” and “Proposals No. 3A – 3F — The Advisory Governance Proposals.” Q: Why is BLAC proposing the Incentive Plan Proposal? A:The purpose of the Omnibus Plan is to provide eligible employees, directors and consultants of New OSR Holdings with the opportunity to receive stock -basedincentive awards in order to encourage such persons to contribute materially to the growth of New OSR Holdings and align their economic interests with those of its stockholders. Nas