Company: OSRH
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001213900-25-045947
Chunk: 37

Company: OSR Holdings, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part I, Item 1
Chunk 37
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“plan,” “anticipate,” “believe,” “estimate,” “continue,” or the negative
of such terms or other similar expressions. Factors that might cause or contribute to such a discrepancy include, but are not limited
to, those described in our other filings made with the U.S. Securities and Exchange Commission (“SEC”).

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 is filed as Exhibit
3.1 to the February 9, 2024 Form 8-K.

As
also previously reported by the Company on Form 8-K dated May 14, 2024, on that date the Company held a special meeting of its stockholders
(the “May 14, 2024 Special Meeting”). At the May 14, 2024 Special Meeting, the Company’s stockholders approved
a proposal to amend to the Company’s Charter to allow the Company to extend the date by which the Company must consummate a business
combination from May 14, 2024, to November 14, 2024.

As
of the close of business on April 18, 2024, the record date for the Special Meeting, there were 5,622,954 shares of the Company’s
common stock (“Common Stock”) issued and outstanding, each