Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 236

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 236
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 BLAC’s Chief Financial Officer, and the former and current directors of BLAC, including Dr. Reed, Dr. Roberts, Dr. Chung, Mr. Euh and Mr. Park, obtained their shares in exchange for their services provided as executive officers or directors of BLAC and were not provided with any other consideration for their agreement to vote their shares in favor of the Business Combination. As of the date of this proxy statement/prospectus, BLAC’s Sponsor, executive officers, former and current directors and affiliates hold, collectively, approximately 92.9% of the outstanding shares of BLAC Common Stock. Accordingly, BLAC will not need the affirmative vote of any of the shares of BLAC Common Stock held by public stockholders to approve the Business Combination. Quorum A quorum of BLAC stockholders is necessary to hold a valid meeting. The presence, in person or by proxy, of the holders of shares of BLAC Common Stock representing a majority of the voting power of all outstanding shares of BLAC Common Stock entitled to vote at the BLAC Stockholders’ Meeting shall constitute a quorum. An abstention from voting, shares represented at such special meeting or by proxy but not voted on one or more proposals or a broker non -voteso long as the stockholder has given the broker or other nominee voting instructions on at least one proposal in this proxy statement, will each count as present for the purposes of establishing a quorum. In the absence of a quorum, the chairman of such special meeting may adjourn such special meeting. As of the Record Date 1,159,877shares of BLAC Common Stock would be required to achieve a quorum. 139 Required Vote for Proposals for the BLAC Stockholders’ Meeting The Business Combination Proposal requires the approval of the affirmative vote of the holders of a majority of the shares of BLAC Common Stock outstanding, present and entitled to vote at the BLAC Stockholders’ Meeting. Abstentions will count as a vote against the Business Combination Proposal. Broker non -voteswill have no impact on the outcome of the Business Combination Proposal. The Charter Proposal requires the affirmative vote of the holders of a majority of the voting power of the outstanding shares of BLAC Common Stock. Abstentions and broker non -voteswill count as votes against the Charter Proposal. The Advisory Governance Proposals require the vote of a majority of the votes cast by the stockholders present in person or represented by proxy at such special meeting and entitled to vote thereon. Abstentions and