Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 23

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 23
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 a detailed description of the procedures to be followed if you wish to redeem your public shares for cash. Notwithstanding the foregoing, a public stockholder, together with any affiliate of such public stockholder or any other person with whom such public stockholder is acting in concert or as a “group” (as defined in Section 13 of the Exchange Act), will be restricted from seeking redemption rights with respect to more than an aggregate of 15% of the public shares without the prior consent of BLAC. Accordingly, if a public stockholder, alone or acting in concert or as a group, seeks to redeem more than 15% of the public shares, then any such public shares in excess of that 15% limit would not be redeemed for cash. The Business Combination Agreement is subject to the satisfaction or waiver of certain other closing conditions as described in the enclosed proxy statement/prospectus. There can be no assurance that the parties to the Business Combination Agreement would waive any such provision of the Business Combination Agreement. For further details, see “The Business Combination Agreement — General — Conditions to Closing the Business Combination. ” The Business Combination Proposal requires the affirmative vote of the holders of a majority of the shares of BLAC Common Stock outstanding, present and entitled to vote at the special meeting. The Charter Proposal requires the affirmative vote of the holders of a majority of the voting power of the outstanding shares of BLAC Common Stock. The Advisory Governance Proposals, the Incentive Plan Proposal, the Nasdaq Proposal and the Adjournment Proposal require the vote of a majority of the votes cast by the stockholders present in person or represented by proxy at the special meeting and entitled to vote thereon. In order to be elected as a director as described in the Director Election Proposal, a nominee must receive a plurality of all the votes cast only by holders of BLAC Common Stock present in person or represented by proxy at the special meeting and entitled to vote thereon, which means that the nominees with the most votes (up to a total of nine (9)) are elected. Your vote is very important. Whether or not you plan to attend the special meeting, please vote as soon as possible by following the instructions in the enclosed proxy statement/prospectus to make sure that your shares are represented at the special meeting. If you hold your shares in “street name” through a bank, broker or other nominee, you will need to follow the instructions provided to you by your bank, broker or other nominee to ensure that your shares are represented and voted at the special