Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 288

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 288
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 to its subsidiaries to independently list on the public markets, and in particular, on a Korean stock exchange. In summary, the BLAC M&A Committee analyzed the competitive advantages that OSR Holdings’ hub -and -spokemodel had developed to date, and proposed to further develop, and concluded that consummating a business combination with OSR Holdings was fair to, advisable, and in the best interests of BLAC and its stockholders for the following reasons: 1)Specialization and Focus •Core Expertise (Hub): The central hub (the “Holdco”) focuses on core competencies such as strategic decision -makingon R&D investments or partnering activities, regulatory affairs, and corporate governance. This allows the hub to develop deep expertise and maintain high standards in these critical areas. •Focused Operations (Spokes): Spokes can specialize in specific areas such as clinical trials, manufacturing, or specific therapeutic areas, allowing them to operate more efficiently and effectively. 2)Resource Optimization •Efficient Resource Allocation: Resources such as capital, personnel, and technology can be allocated more effectively. The hub manages strategic resources while spokes focus on operational execution. •Cost -Effectiveness: By centralizing high -costfunctions such as R&D in the hub and outsourcing or decentralizing other functions to spokes or external partners such as CROs, companies can reduce overhead costs and avoid redundancy. 170 3)Flexibility and Scalability •Adaptability: The model allows for rapid adaptation to changing market conditions, regulatory landscapes, and technological advancements. Spokes can be added, modified, or removed without disrupting the entire organization. •Scalability: As the company grows, additional spokes can be established to handle new projects or enter new markets, allowing for scalable growth without overwhelming the central hub. 4)Risk Management •Risk Diversification: By spreading activities across multiple spokes, the company can mitigate risks. Issues in one spoke do not necessarily affect the entire organization, which helps in managing operational and financial risks. •Focused Risk Mitigation: The hub can focus on strategic risk management, ensuring that the company’s overall direction is safeguarded, while spokes can manage operational risks specific to their activities. 5)Innovation and Collaboration •Enhanced Innovation: The hub can focus on driving innovation through advanced R&D, while spokes can implement and refine these innovations in real -worldapplications, creating a feedback loop that enhances overall innovation. •Collaborative Synergies: Spokes can collaborate with external partners, including academic institutions, research