Company: OSRH
Filing Date: 2025-06-10
Form Type: S-1/A
Source: 0001213900-25-053114
Chunk: 130

Company: OSR Holdings, Inc.
Filing Date: 2025-06-10
Form: S-1/A
Chunk 130
---
holder becoming an   
 interested stockholder;                                                                     |

| ● | upon the consummation                                                                            
 of the transaction which resulted in the stockholder becoming an interested stockholder,         
 the interested stockholder owned at least 85% of the voting stock of the corporation outstanding 
 at the time the transaction commenced, excluding for purposes of determining the voting stock    
 outstanding those shares owned by persons who are directors and also officers, and employee      
 stock plans, in some instances; or                                                               |

| ● | at or after the                                                                              
 time the stockholder became an interested stockholder, the business combination was approved 
 by the board of directors of the corporation and authorized at an annual or special meeting  
 of the stockholders by the affirmative vote of at least 66⅔% of the outstanding              
 voting stock which is not owned by the interested stockholder.                               |

Under certain circumstances, Section 203 of the DGCL will make it more difficult for a person who would be an “interested stockholder” to effect various business combinations with the corporation for a three-year period. This provision may encourage persons interested in acquiring the Company to negotiate in advance with the board of directors of the Company. Section 203 of the DGCL also may have the effect of preventing changes in the Company board of directors and may make it more difficult to accomplish transactions which stockholders may otherwise deem to be in their best interests. Limitations on Liability and Indemnification The DGCL authorizes corporations to limit or eliminate the personal liability of directors of corporations and their stockholders for monetary damages for breaches of directors’ fiduciary duties, subject to certain exceptions. The Company’s certificate of incorporation includes a provision that eliminates the personal liability of directors for damages for any breach of fiduciary duty as a director where, in civil proceedings, the person acted in good faith and in a manner that person reasonably believed to be in or not opposed to the best interests of the Company or, in criminal proceedings, where the person had no reasonable cause to believe that his or her conduct was unlawful. The Company’s bylaws provide that the Company must indemnify and advance expenses to its directors and officers to the fullest extent authorized by the DGCL. The Company also is expressly authorized to carry directors’ and officers’ liability insurance providing indemnification for its directors, officers, and certain employees for some liabilities. The Company believes that these indemnification and advancement provisions and insurance are useful to attract and retain qualified directors and executive officers. 83 The limitation of liability, advancement and indemnification provisions in