Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 403

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1A
Chunk 403
---
 the shareholders.

Additionally, the stockholders duly elected each of the five (5) then
existing directors (Kuk Hyoun Hwang, Jun Chul Whang, Jin Whan Park, Phil Geon Lee and Sang Hyun Kim) to the Company’s Board of Directors
until the next annual meeting of stockholders following this annual meeting or until each such director’s successor is elected and
qualified, subject to his earlier death, resignation or removal.

In connection with the votes to approve the Extension Amendment Proposal
and NTA Requirement Amendment Proposal, 1,721,469 shares of common stock of the Company were tendered for redemption.

As previously reported by the Company on Form 8-K dated February 13,
2025, on that date the Company filed an Amended and Restated Certificate of Incorporation with the Secretary of the State of Delaware.
The terms of the Amended and Restated Certificate of Incorporation are described in the proxy statement (the “Proxy Statement”)
for the special meeting of stockholders held by the Company on February 13, 2025 (the “Special Meeting”). A copy of
the Company’s Amended and Restated Certificate of Incorporation is attached to the Company’s Form 8-K dated February 13,
2025 as Exhibit 3.1 and is incorporated herein by reference.

On February 13, 2025, the Company held the Special Meeting. There were
2,319,752 shares of Company common stock, par value $0.0001 per share (“Company Common Stock”), outstanding at the
close of business on January 27, 2025, the record date for the Special Meeting. At the Special Meeting, the holders of 2,179,383 shares
of Company Common Stock, or 93.95% of the voting power of all outstanding Company Common Stock were represented in person or by proxy,
which constituted a quorum.

Set forth below are the proposals voted upon at the Special Meeting
(each of which is described in the Proxy Statement.

Proposal No. 1 – The Business Combination
Proposal

The Shareholders approved the proposal to approve the business
combination (the “Business Combination”) reflected by the Amended and Restated Business Combination Agreement, dated
May 23, 2024, as amended on December 20, 2024 (the “Business Combination Agreement”).

84

Proposal No. 2 – The Charter Proposal

The Shareholders approved the proposal to approve the Amended
and Restated