Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 303

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1A
Chunk 303
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 trading volume of its securities, and other corporate governance requirements. If the Company is not
able to comply with the continued listing standards of Nasdaq, the Company and its stockholders could face significant material adverse
consequences including, but not limited to:

●a limited availability of market quotations for its securities;

●reduced liquidity for the Company securities;

●a determination that the Company Common Stock is a “penny
stock,” which will require brokers trading in the Company Common Stock to adhere to more stringent rules and possibly result in
a reduced level of trading activity in the secondary trading market for the Company Common Stock;

●a limited amount of or no analyst coverage; and

●a decreased ability to issue additional securities or obtain
additional financing in the future.

The National Securities Markets Improvement Act of 1996,
which is a federal statute, prevents or preempts the states from regulating the sale of certain securities, which are referred to as “covered
securities.” As long as the Company’s Common Stock and warrants are listed on Nasdaq, they will be considered covered securities.
If the Company’ securities were no longer listed on Nasdaq, the securities would not be covered securities and would therefore be
subject to regulation in each state in which the Company offers its securities.

35

If, after listing, the Company fails to satisfy the continued listing
requirements of Nasdaq such as the corporate governance requirements or the minimum closing bid price requirement, Nasdaq may take steps
to delist the Company’ securities. Such a delisting would likely have a negative effect on the price of the securities and would
impair your ability to sell or purchase the securities when you wish to do so. In the event of a delisting, and no assurance can be provided
that any action taken to restore compliance with listing requirements would allow the securities to become listed again, stabilize the
market price or improve the liquidity of its securities, prevent its securities from dropping below the Nasdaq minimum bid price requirement
or prevent future non-compliance with Nasdaq’s listing requirements. Additionally, if the Company’ securities are not
listed on, or become delisted from, Nasdaq for any reason, and are quoted on any of the markets offered by OTC Markets Group Inc., the
liquidity and price of these securities may be more limited than if they were quoted or listed on Nasdaq or another national securities
exchange. the Company securityholders may be unable to sell their securities unless a market can be established or sustained.

On February