Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 476

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 476
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 costs, direct labor, import duties and other taxes, an appropriate proportion of variable and fixed overhead expenditure based on normal operating capacity, and, where applicable, transfers from cash flow hedging reserves in equity. Costs of purchased inventory are determined after deducting rebates and discounts received or receivable. Stock in transit is stated at the lower of cost and net realizable value. Cost comprises of purchase and delivery costs, net of rebates and discounts received or receivable. Net realizable value is the estimated selling price in the ordinary course of business, less the estimated costs of completion and the estimated costs necessary to make the sale. 301

CERTAIN OSR HOLDINGS RELATIONSHIPS AND RELATED PERSON TRANSACTIONS In November 2023, Mr. Sung Jae Yu loaned OSR Holdings $230,946 (KRW 300,000,000) pursuant to a Loan Agreement between Mr. Yu and OSR Holdings (the “ Yu Loan”). The Yu Loan does not bear interest, is unsecured prior to default, and matured on February 14, 2024. Mr. Yu and OSR Holdings agreed (1) OSR Holdings would pay Mr. Yu approximately $38,491 (KRW 33,000,000) on April 1, 2024; and (2) to defer repayment of the balance of the Yu Loan until the closing of the Business Combination. In 2024, OSR executed agreements to borrow an aggregate of $1,100,000 from its affiliate, BCME, consisting of the following loans, all of which are unsecured:

| Maximum     
 loan amount |         |     | Largest aggregate  
 amount of          
 principal          
 outstanding during 
 2024               |         |     | Amount of      
 principal      
 outstanding on 
 August 31,     
 2024           |         |     | Amount of   
 principal   
 paid during 
 2024        |         |     | Amount of     
 interest paid 
 during        
 2024          |     |     Rate of 
    interest 
     payable 
 on the loan 
      amount |            |
|:------------|--------:|:----|:-------------------|--------:|:----|:---------------|--------:|:----|:------------|--------:|:----|:--------------|:----|------------:|:-----------|
| $           |  50,000 |     | $                  |  50,000 |     |                |     -0- |     | $