Company: OSRH
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001213900-25-007923
Chunk: 491

Company: OSR Holdings, Inc.
Filing Date: 2025-01-29
Form: S-4/A
Chunk 491
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 year ended December 31, 2023. The Clawback Policy can also be reviewed by accessing BLAC’s public filings at the SEC’s web site at www.sec.gov. 311 MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION
AND RESULTS OF OPERATIONS OF BLAC Overview BLAC is a blank check company incorporated as a Delaware corporation and formed for the purpose of effecting a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. BLAC intends to effectuate its initial business combination using cash from the proceeds of BLAC’s IPO and the Private Placement Units, the proceeds of the sale of its capital stock in connection with our initial business combination, shares issued to the owners of the target, debt issued to banks or other lenders or the owners of the target, or a combination of the foregoing. Recent Developments Extension of Termination Date November Special Meeting On November 9, 2023, BLAC held a special meeting of its stockholders (the “November 2023 Special Meeting”). At the November 2023 Special Meeting, BLAC’s stockholders approved the proposal (the “First Extension Amendment Proposal”) to amend the Current Charter to extend the date by which BLAC must consummate a business combination from November 14, 2023 to February 14, 2024 (the “First Extended Date”) and approved a proposal to give the BLAC Board the authority in its discretion to amend the Current Charter to extend the date by which BLAC must consummate a business combination from the First Extended Date to May 14, 2024 (the “Second Extended Date”). Additionally, the stockholders approved the First Amendment to the Trust Agreement (the “First Trust Agreement Amendment”) that extends the date by which BLAC must liquidate the Trust Account from November 14, 2023 to the First Extended Date by depositing into the Trust Account $180,000 if BLAC has not completed its initial business combination, and, upon the BLAC Board exercising its discretion to further extend the date by which BLAC must liquidate the Trust Account if BLAC has not completed its initial business combination, to the Second Extended Date, by depositing into the Trust Account by no later than each of February 14, 2024, March 14, 2024, and April 15, 2024, the lesser of (i) $60,000 or (ii) $0.