Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 358

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 358
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 acquisition cost for such shares (or, in the case of BLAC Common Stock received upon exercise of a warrant, the U.S. Holder’s initial basis for such BLAC Common Stock, as discussed below), less any prior distributions treated as a return of capital. Long -termcapital gains recognized by non -corporateU.S. Holders are generally eligible for reduced rates of tax. If the U.S. Holder’s holding period for BLAC Common Stock so disposed of is one year or less, any gain on a sale or other taxable disposition of the shares would be subject to short -termcapital gain treatment and would be taxed at ordinary income tax rates. The deductibility of capital losses is subject to limitations. Non-U.S. Holders U.S. Federal Income Tax Consequences to Non-U.S. Holders of BLAC Common Stock Exercising Redemption Rights The characterization for U.S. federal income tax purposes of the redemption of a Non -U.S. Holder’s Common Stock as a sale or exchange under Section 302 of the Code or a distribution under Section 301 of the Code with respect to shares of BLAC Common Stock will generally correspond to the U.S. federal income tax characterization of such a redemption of a U.S. Holder’s BLAC Common Stock, as described above, and the corresponding consequences will be as described below. Redemption Treated as Sale or Exchange — Non-U.S. Holders Any gain realized by a Non -U.S. Holder on the redemption of BLAC Common Stock that is treated as a sale or exchange under Section 302 of the Code generally will not be subject to U.S. federal income tax unless: •the gain is effectively connected with a trade or business of the Non -U.S. Holder in the United States (and, if required by an applicable income tax treaty, is attributable to a United States permanent establishment or fixed base of the Non -U.S. Holder); •the Non -U.S. Holder is an individual who is present in the United States for a period or periods aggregating 183 days or more in the taxable year of the disposition, and certain other conditions are met; or 216 •we are or have been a “United States real property holding corporation” for U.S. federal income tax purposes at any time during the shorter of the five -yearperiod ending on the date of disposition or the Non -U.S. Holder’s holding period for such Common Stock redeemed, and either (A) shares of BLAC Common Stock are not considered to be regularly