Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 1078

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 4
Chunk 1078
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495 shares of Common Stock, representing approximately 77.16% of the outstanding shares of Common Stock entitled to vote at the
Special Meeting, were present in person or by proxy, constituting a quorum. The proposals listed below are described in more detail in
the Proxy Statement.

Proposal 1 - Extension Amendment Proposal

The stockholders approved the proposal to amend the Charter
to allow the Company to extend the date by which the Company must consummate a business combination from May 14, 2024 to November 14,
2024.

Proposal 2 - Adjournment Proposal

The stockholders approved the proposal to approve the adjournment
of the Special Meeting to a later date or dates, if necessary, to permit further solicitation and vote of proxies in the event that there
are insufficient votes to approve the Extension Amendment Proposal or to establish quorum.

In connection with the votes to approve the Extension Amendment Proposal,
1,581,733 shares of common stock of the Company were tendered for redemption.

83

In connection with the approval of the extension of the date by which
the Company must consummate a business combination from May 14, 2024 to November 14, 2024, BGLSI (or its affiliates or permitted
designees) agreed to deposit, by no later than one business day prior to each of May 14, 2024, June 14, 2024, July 15,
2024, August 14, 2024, September 16, 2024, and October 15, 2024 (each date referred to herein as a “Payment Date”),
the amount of $50,000 into the trust account (each such deposit, a “Contribution”). Each of the foregoing contribution
payments were timely made by the Company.

The Certificate of Amendment to the Charter (the “Charter
Amendment”) was filed with the Delaware Secretary of State and has an effective date of May 14, 2024. The foregoing description
of the Charter Amendment is qualified in its entirety by the full text of the Charter Amendment, a copy of which is filed as Exhibit 3.1
hereto and incorporated herein by reference.

As previously reported by the Company on Form 8-K dated November 12,
2024, on that date the Company held an annual meeting of its stockholders (the “Annual Meeting”). At the Annual Meeting,
the Company’s stockholders approved two proposals to amend the Company’s Amended and Rest