Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 328

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1A
Chunk 328
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 divert their
attention away from the day-to-day management of its business. the Company may not have adequate personnel with the appropriate
level of knowledge, experience, and training in the accounting policies, practices or internal controls over financial reporting required
of U.S. public companies. The development and implementation of the standards and controls necessary for the Company to achieve the
level of accounting standards required of a public company may require costs greater than expected. To support its operations as a U.S. public
company, the Company plans to recruit additional qualified employees or external consultants with relevant experience, which will increase
its operating costs in future periods.

Our ability to successfully operate the business following the
Business Combination will depend largely upon the efforts of certain key personnel, including the key personnel of OSR and its subsidiaries,
all of whom we expect to remain employed (or retained as consultants) with the Company or its subsidiaries following the Business Combination.
The loss of such key personnel could adversely affect the operations and profitability of the Company’ business.

Our ability to recognize certain benefits of the Business Combination
and successfully operate the Company’s business following the Business Combination will depend upon the efforts of its key personnel.
Although we expect all of such key personnel to remain with the Company following the Business Combination, the unexpected loss of key
personnel may adversely affect its operations and profitability. In addition, the Company’s future success depends in part on its
ability to identify and retain key personnel to succeed senior management. Furthermore, while we have closely scrutinized the skills,
abilities and qualifications of the key OSR’ or its subsidiaries’ personnel that will be employed by the Company, our assessment
may not prove to be correct. If such personnel do not possess the skills, qualifications or abilities we expect or those necessary to
manage a public company, the operations and profitability of the Company’s business may be negatively impacted.

47

Claims for indemnification by our directors and officers may
reduce our available funds to satisfy successful third-party claims against us and may reduce the amount of money available
to us.

The Amended Bylaws provide that we will indemnify our directors and
officers, in each case to the fullest extent permitted by Delaware law. In addition, as permitted by Section 145 of the DGCL, the
Amended Bylaws and the indemnification agreements that we will enter into with our directors and officers provide that:

●we will indemnify our directors and officers for serving us
in those capacities or for serving other business enterprises at