Company: OSRH
Filing Date: 2025-06-23
Form Type: 424B3
Source: 0001213900-25-056351
Chunk: 23

Company: OSR Holdings, Inc.
Filing Date: 2025-06-23
Form: 424B3
Chunk 23
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 of our public shares properly submitted in connection with a stockholder vote to amend our Amended and
Restated Certificate of Incorporation (the “Charter”) (1) to modify the substance or timing of our obligation to allow
redemption in connection with our initial business combination or to redeem 100% of our public shares if we do not complete our initial
business combination within the time provided in the Company’s Charter (as subject to extension), or (2) with respect to any
other provision relating to stockholders’ rights or pre-initial business combination activity; or (c) absent an initial business
combination within the time provided in the Company’s Charter (as subject to extension), our return of the funds held in the Trust
Account to our public stockholders as part of our redemption of the public shares.

On March 14, 2023, the Company announced
that, commencing on March 17, 2023, the holders of Units may elect to separately trade the shares of common stock, warrants and
rights included in the Units. No fractional shares, warrants or rights would be issued upon separation of the Units and only whole shares,
warrants and rights would trade. The shares of common stock, the warrants and the rights traded on the Nasdaq Capital Market under the
symbols “BLAC,” “BLACW” and “BLACR,” respectively, and the Units not separated continued to trade
on the Nasdaq Capital Market under the symbol “BLACU” until the closing of our initial business combination on February 14,
2025 as discussed below.

The Company and OSR Holdings, Ltd. a corporation
organized under the laws of the Republic of Korea (“OSR”), entered into a Business Combination Agreement dated November 16,
2023 (the “Business Combination Agreement”) pursuant to which, prior to the Closing each holder of OSR Common Stock
that executes a Participating Stockholder Joinder to the Business Combination Agreement on or prior to the Closing (each such Person,
a “Participating OSR Stockholder”), and each holder of OSR Common Stock that executes a Non-Participating Stockholder
Joinder on or prior to the Closing (each such Person, a “Non-Participating OSR Stockholder”) would be joined
as parties to the Business Combination Agreement, pursuant to which at the Effective Time (i) the Company would issue the Aggregate
Participating Consideration to the Participating OSR Stockholders, and (ii) the