Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 1428

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 6
Chunk 1428
---
losses and negative cash flows in the future. Based on current business plans and assumptions, the Company believes that its existing
cash and cash equivalents will be sufficient to fund its operating expenses and capital expenditure requirements, although this estimate
is based on plans and assumptions that may prove to be wrong, and the Company could use its available capital resources sooner than it
currently expects. Accordingly, the Company will need to raise additional capital through public or private equity offerings, debt financings,
collaborations and licensing arrangements, or other sources, and such additional capital may not be available on favorable terms or at
all, particularly in light of the current economic and market conditions. Market volatility resulting from pandemics or other epidemics,
inflation and other economic and market conditions, the wars in Ukraine and Israel, tariff policy uncertainty and trade tensions, the
inability to maintain the listing on The Nasdaq Capital Market of the Company’s common stock, and other factors could also adversely
impact the Company’s ability to raise additional capital. The failure to raise additional capital as and when needed or on acceptable
terms would have a negative impact on the Company’s financial condition and the ability to pursue its business strategy, and the
Company may have to reduce its workforce or delay, reduce the scope of, suspend, or eliminate one or more preclinical programs, clinical
trials, or future commercialization efforts, or curtail its business operations.

In accordance with Accounting
Standards Update (“ASU”) 2014-15, “Disclosure of Uncertainties about an Entity’s Ability to Continue as a Going
Concern (Subtopic 205-40)”, the Company has evaluated whether there are conditions and events, considered in the aggregate, that
raise substantial doubt about its ability to continue as a going concern for a period of one year after the date that its audited consolidated
financial statements are issued. In light of the Company’s existing cash resources and current and expected operating losses and
negative cash flows, the Company will need additional capital prior to the one-year anniversary of the issuance of its consolidated financial
statements, and such additional capital may not be available as and when needed on acceptable terms or at all. As a result, the Company
has concluded that these circumstances and the uncertainties associated with its ability to obtain additional capital raise substantial
doubt about the Company’s ability to continue as a going concern for a period of one year after the date that its audited consolidated
financial statements are issued.

The accompanying consolidated
financial statements have