Company: OSRH
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001213900-25-007923
Chunk: 460

Company: OSR Holdings, Inc.
Filing Date: 2025-01-29
Form: S-4/A
Chunk 460
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 repurchase RMC’s inventory), RMC may be unable to sell its inventory or to sell it without discounting the prices. If RMC is unable to sell its inventory and is required by accounting rules to write off the inventory, RMC may incur losses. To replace sales of Penumbra’s products, RMC intends to seek to become the sales representative of other neuro -interventionmedical device equipment manufacturers, as well as expand sales of products offered by companies it currently represents. Impacts of COVID-19 and Market Conditions on Our Business OSR Holdings has been actively monitoring the COVID -19situation and its impact globally, but we have not, except for delaying the implementation of our business plan, been significantly impacted. Disruption of global financial markets and a recession or market correction, including new public health emergencies, the ongoing military conflict between Russia and Ukraine and the related sanctions imposed against Russia, the conflicts in the 290

Middle East and other global macroeconomic factors such as inflation, could reduce New OSR Holdings’ ability to access capital, which could, in the future, negatively affect our liquidity and could materially affect our business and the value of our common shares. Components and Comparison of Our Results of Operations Comparison of the Six Months Ended June 30, 2023 and 2024 The following table presents OSR’s statement of operations data for the six months ended June 30, 2023 and 2024, and the KRW and percentage change between the two periods:

|                                 |     | Six Months Ended June 30, 
 (Korean Won in thousands) |   |     |            |   |     |            |   |     |          |    |
|                                 |     |                      2023 |   |     |       2024 |   |     |   Change $ |   |     | Change % |    |
|                                 |     |                -Unaudited |   |     |            |   |     |            |   |     |          |    |
| Revenue:                        |     |                 1,984,848 |   |     |  2,418,377 |   |     |    433,529 |   |     |       22 | %  |
| Cost of Sales                   |     |                 1,260,627 |   |     |  1,781,249 |   |     |    520,622 |   |     |       41 | %  |
| Gross Profit