Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 333

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 333
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aries, taken as a whole, are materially and disproportionately affected thereby as compared with other participants in the industries in which OSR Holdings and the OSR Holdings Subsidiaries operate. BLAC Material Adverse Effect Under the Business Combination Agreement, certain representations and warranties of BLAC are qualified in whole or in part by a material adverse effect standard for purposes of determining whether a breach of such representations and warranties has occurred. In addition, it is a condition to the performance of OSR Holdings’ obligations that no BLAC Material Adverse Effect occurs between signing and closing. Pursuant to the Business Combination Agreement, any Effect will be deemed to have a “BLAC Material Adverse Effect” on BLAC if, individually or in the aggregate, such Effect (a) is or would reasonably be expected to be materially adverse to the business, condition (financial or otherwise) or results of operations of BLAC; or (b) would prevent, materially delay or materially impede the performance by BLAC of its obligations under the Business Combination Agreement or the consummation of the Business Combination or any of the other Transactions; provided, however, that none of the following shall be deemed to constitute, alone or in combination, or be taken into account in the determination of whether, there has been or will be a BLAC Material Adverse Effect: (i)any change or proposed change in or change in the interpretation of any Law (including any COVID -19Measures) or GAAP after November 16, 2023 (the date of the initial Business Combination Agreement); (ii)events or conditions generally affecting the industries or geographic areas in which BLAC operates; (iii)any downturn in general economic conditions, including changes in the credit, debt, securities, financial or capital markets (including changes in interest or exchange rates, prices of any security or market index or commodity or any disruption of such markets); (iv)acts of war, sabotage, civil unrest, terrorism, epidemics, pandemics or disease outbreaks (including COVID -19) or any escalation or worsening of any such acts of war, sabotage, civil unrest, terrorism, epidemics, pandemics or disease outbreaks, or changes in global, national, regional, state or local political or social conditions; (v)any hurricane, tornado, flood, earthquake, natural disaster, or other acts of God; (vi)any actions taken or not taken by BLAC as required by the Business Combination Agreement or any ancillary agreement thereto; (vii)any Effect attributable