Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 672

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1C
Chunk 672
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 an aggregate redemption amount of approximately
$19,186,265.

In connection with the vote to approve various proposals at the February
13, 2025 Special Meeting of Shareholders, 57,821 shares of common stock of the Company were tendered for redemption at a redemption price
of approximately $11.02 per share, for an aggregate redemption amount of approximately $636,922. The remaining balance in the trust account
was approximately $1,181,085.

82

Purchases of Equity Securities by the Issuer and Affiliated Purchasers

None.

Item 6.[Reserved]

Item 7.Management’s Discussion and Analysis of
Financial Condition and Results of Operations

The following discussion and analysis of our financial condition
and results of operations should be read in conjunction with our audited financial statements and the notes related thereto contained
elsewhere in this report. Certain information contained in the discussion and analysis set forth below includes forward-looking statements
that involve risks and uncertainties. Our actual results may differ materially from those anticipated in these forward-looking statements
as a result of many factors, including those set forth under “Cautionary Note Regarding Forward-Looking Statements,” “Item
1A. Risk Factors” and elsewhere in this report.

Overview 

Prior to our initial Business Combination on February 14, 2025 we were
a blank check company incorporated as a Delaware corporation and formed for the purpose of effecting a merger, share exchange, asset acquisition,
stock purchase, recapitalization, reorganization or similar business combination with one or more businesses or entities. We effectuated
our initial business combination using cash from the proceeds of our IPO and the Private Placement Units, the proceeds of the sale of
our capital stock in connection with our initial business combination, shares issued to the owners of the target, debt issued to banks
or other lenders or the owners of the target, or a combination of the foregoing.

Recent Developments 

As had been approved
at the special meeting of the Company’s stockholders held on November 9, 2023, a Certificate of Amendment to the Company’s
Charter to extend the date by which the Company must consummate a business combination from the
February 14, 2024 to May 14, 2024 was filed with the Delaware Secretary of State with an effective date of February 9, 2024. The
foregoing description of the Charter Amendment is qualified in its entirety by the full text of the Charter Amendment, a copy of which