Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 897

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 897
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R’s subsidiaries and assets. We have relied upon and assumed, without independent verification, that: •the representations and warranties of all parties to the Business Combination Agreement and all related documents and instruments are true and correct; •each party to the Business Combination Agreement will fully and timely perform all of the covenants and agreements required to be performed by such party; •all conditions to the consummation of the Transaction will be satisfied without waiver thereof; •the Transaction will be consummated in a timely manner in accordance with the Business Combination Agreement; •the Transaction will be consummated in a manner that complies in all respects with all applicable federal and state statutes, rules, and regulations; and •all governmental, regulatory, and other consents and approvals necessary for the consummation of the Transaction will be obtained and that no delay, limitations, restrictions, or conditions will be imposed, or amendments, modifications or waivers made that would have an effect on the Transaction or on OSR that would be material to our analyses or this Fairness Opinion. In conducting this engagement, we have not been requested to make, and have not made, any physical inspection or independent appraisal or evaluation of any of the assets, properties, or liabilities (fixed, contingent, derivative, off-balance-sheet or otherwise) of OSR or its subsidiaries or any other party, nor were we provided with any such appraisal or evaluation except as described above. We have undertaken no independent analysis of any potential or actual litigation, regulatory action, possible unasserted claims or other contingent liabilities, to which OSR or its subsidiaries are or may be a party or are or may be subject, or of any governmental investigation of any possible unasserted claims or other contingent liabilities to which OSR or its subsidiaries are or may be a party or are or may be subject. Unless express written notice of noncompliance is delivered and brought to the attention of Choloc, we assume that the Company is in compliance with all laws and regulations of any government or agency significant and relevant to its operations. 3. The Transaction subject to this Fairness Opinion The contemplated Transaction set forth in the Business Combination Agreement is as follows: The Aggregate Consideration will be paid solely in 24,461,214 shares of common stock of BLAC valued at $10.00 per share. Holders of a minimum of 60% of the Company Common Stock will agree to exchange their shares upon Closing of Business Combination (the “ Participating Stockholders ”) and the holders of the balance of