Company: OSRH
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001213900-25-007923
Chunk: 520

Company: OSR Holdings, Inc.
Filing Date: 2025-01-29
Form: S-4/A
Chunk 520
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laws and these indemnification agreements are necessary to attract and retain qualified persons as directors and officers. New OSR Holdings plans to maintain a directors’ and officers’ insurance policy pursuant to which its directors and officers are insured against liability for actions taken in their capacities as directors and officers. Insofar as indemnification for liabilities arising under the Securities Act may be permitted to directors, officers, or control persons, in the opinion of the SEC, such indemnification is against public policy as expressed in the Securities Act and is therefore unenforceable. 327 DESCRIPTION OF SECURITIES General Following the consummation of the Business Combination, New OSR Holdings’ authorized capital stock will consist of 100,000,000 shares of common stock, par value $0.0001 per share, and 20,000,000shares of preferred stock, par value $0.0001 per share. As of January28, 2025, BLAC had 2,319,752shares of BLAC Common Stock outstanding and no shares of BLAC Preferred Stock outstanding. Upon the consummation of the Business Combination, New OSR Holdings expects to have 17,828,245 (assuming no redemptions of public shares) shares of New OSR Holdings Common Stock outstanding and no shares of New OSR Holdings Preferred Stock outstanding. The following description of New OSR Holdings capital stock is intended as a summary only and is qualified in its entirety by reference to the Amended Charter and Amended Bylaws to be in effect following the consummation of the Business Combination, which are included as Annex F and Annex G, respectively, to this proxy statement/prospectus and are incorporated herein by reference, and to the applicable provisions of the DGCL. Common Stock Dividend Rights Subject to applicable law and the rights, if any, of the holders of any outstanding series of preferred stock, the holders of outstanding shares of New OSR Holdings Common Stock will be entitled to receive dividends and other distributions out of assets legally available at the times and in the amounts as New OSR Holdings’ Board may determine from time to time. Voting Rights Except as otherwise provided by appliable law or by or pursuant to the provisions of the Amended Charter, each outstanding share of New OSR Holdings’ Common Stock will be entitled to one vote on all matters submitted to a vote of stockholders. Holders of shares of New OSR Holdings Common Stock shall have no cumulative voting rights. Preemptive Rights New OSR Holdings Common Stock will not be entitled to preempt