Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 600

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 600
---
 The Units would be identical to the Private Placement Units. Except for the foregoing, the terms of such Working Capital Loans, if any, have not been determined and no written agreements exist with respect to such loans. Loans made by Chardan or any of its related persons, if any, will not be convertible into any of the Company’s securities, and Chardan and its related persons will have no recourse with respect to their ability to convert their loans into any of the Company’s securities. As of December31, 2023 and 2022, no Working Capital Loans were outstanding. Administrative Support Agreement Beginning on March1, 2023, the Company agreed to pay BCM, an affiliate of members of the Sponsor, a total of $7,500 per month for office space, utilities, secretarial and administrative support. Upon completion of the Business Combination or the Company’s liquidation, the Company will cease paying these monthly fees. During the years ended December31, 2023 and December31, 2022, the Company incurred $90,000 and $75,000, respectively, of administrative support fees which are included in general and administrative expenses in the accompanying statements of operations. As of December31, 2023, the outstanding balance was $15,000 recorded as due to affiliate. Due to Affiliate On August17, 2021, the Sponsor agreed to advance the Company up to $10,000. On February17, 2022, the Company repaid $10,000 to the Sponsor. On April28, 2022, the Sponsor agreed to advance the Company up to an additional $10,000. On April29, 2022, the Sponsor agreed to advance an additional $7,000. These advances are due on demand and are non -interest-bearing. During the year ended December31, 2023, the Sponsor advanced $180,000 of funds to the Company and Company repaid $140,000. Beginning on March1, 2023, the Company agreed to pay an affiliate of members of the Sponsor a total of $7,500 per month for office space, utilities, secretarial and administrative support. Upon completion of the Business Combination or the Company’s liquidation, the Company will cease paying these monthly fees. The outstanding balance was $57,000 and $17,000 as of December31, 2023 and December31, 2022, respectively, recorded as due to affiliate. NOTE 5 — COMMITMENTS AND CONTINGENCIES Registration Rights The