Company: OSRH
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001213900-25-007923
Chunk: 539

Company: OSR Holdings, Inc.
Filing Date: 2025-01-29
Form: S-4/A
Chunk 539
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 consists of (i) 1,725,000 founder shares of BLAC common stock, (ii) the transfer of 34,500shares of BLAC common stock to Chardan, (iii) 430,000 placement shares held of record by BLAC’s Sponsor, (iv) the transfer of 120,000shares of BLAC common stock by BLAC’s Sponsor to BLAC’s Chief Financial Officer, Mr. Yoo, and the directors of BLAC at the time of the IPO, and (v) the transfer of 310,000 Private Placement Units identical held by BLAC’s Sponsor and 370,000 founder shares held by BLAC’s Sponsor to BCME. Sponsor’s ownership post -closingincludes an additional 12,000shares underlying the private placement rights that convert at the closing of the Business Combination. Mr. Hwang, BLAC’s Chief Executive Officer and a Director, is the founder and managing partner of Bellevue Capital Management LLC, the general partner of BLAC’s Sponsor, and has voting and dispositive power over the shares. (5)Interest prior to the Transactions consists of 370,000 founder shares and 310,000 Private Placement Units convertible at the election of either BLAC’s Sponsor or BCME, a subsidiary of Bellevue Capital Management LLC, on or after the commencement of BLAC’s IPO pursuant to the promissory note between BLAC’s Sponsor and BCME. Interests after the Transactions consists of the 370,000 founder shares and 310,000 Private Placement Units mentioned in the previous sentence (including the exercise of 310,000 private placement warrants into 310,000shares of New OSR Holdings Common Stock, the conversion of 310,000 private placement rights into 31,000shares of New OSR Holdings Common Stock, and the exercise of 60,000 private placement warrants that were also transferred to BCME by BLAC’s Sponsor pursuant to the promissory note into 60,000shares of New OSR Holdings Common Stock) and 581,031shares of OSR Holdings common stock held by BCME prior to the closing of the Business Combination. The 581,031shares of OSR Holdings common stock are being exchanged for 7,531,635shares of New OSR Holdings Common Stock pursuant to the Share Exchange. BCME is a wholly -ownedsubsidiary of Bellevue Capital Management LLC. The business address of BCME is Gotthardstrasse 26 6300 Zug Switzerland.