Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 1732

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 8
Chunk 1732
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3 or the closing of our IPO. At the closing of our IPO, the promissory notes were deemed to be repaid and settled
in connection with the private placement.

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.

Commencing on the date of our prospectus issued in connection with
our IPO, we have agreed to pay BCM, an affiliate of members of our Sponsor, a total of $7,500 per month for office space, utilities and
secretarial and administrative support. Upon completion of our initial business combination or our liquidation, we will cease paying these
monthly fees.

Other than the foregoing, no compensation of any kind, including any
finder’s fee, reimbursement, consulting fee or monies in respect of any payment of a loan, will be paid by us to our Sponsor, officers,
directors or any affiliate of our Sponsor, officers, directors prior to, or in connection with any services rendered in order to effectuate,
the consummation of an initial business combination (regardless of the type of transaction that it is). However, these individuals will
be reimbursed for any out-of-pocket expenses incurred in connection with activities on our behalf such as identifying potential target
businesses and performing due diligence on suitable business combinations. Our audit committee will review on a quarterly basis all payments
that were made to our Sponsor, officers, directors, advisors or our or their affiliates and will determine which expenses and the amount
of expenses that will be reimbursed. There is no cap or ceiling on the reimbursement of out-of-pocket expenses incurred by such persons
in connection with activities on our behalf.

105

In addition, in order to finance transaction costs in connection with
an intended initial business combination, our Sponsors, officers and directors or their affiliates may, but are not obligated to, loan
us funds as may be required. If we complete an initial business combination, we would repay such loaned amounts. In the event that the
initial business combination does not close, we may use a portion of the working capital