Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 307

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1A
Chunk 307
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) to exercise their public warrants and pay the exercise price therefor at a time when it may
be disadvantageous for them to do so, (ii) to sell their public warrants at then-current market price when you might otherwise
wish to hold your public warrants or (iii) to accept the nominal redemption price which, at the time the outstanding public warrants
are called for redemption, is likely to be substantially less than the market value of their public warrants. The value received upon
exercise of the public warrants (1) may be less than the value the holders would have received if they had exercised their public
warrants at a later time where the underlying share price is higher and (2) may not compensate the holders for the value of the public
warrants. The fair value of 6,900,000 public warrants as of April 11, 2025 is $243,922.

The private placement warrants are identical to the public warrants,
except that the private placement warrants and the shares of common stock issuable upon the exercise of the private placement warrants
are not transferable, assignable or salable until after the completion of a Business Combination, subject to certain limited exceptions,
and none of the private placement warrants will be redeemable by the Company so long as they are held by their initial purchasers or their
permitted transferees.

In the event the Company determines to redeem the warrants, holders
of our redeemable warrants would be notified of such redemption as described in the Warrant Agreement. Specifically, in the event that
the Company elects to redeem all of the redeemable warrants as described above, the Company will fix a date for the redemption (the “Redemption
Date”). Notice of redemption will be mailed by first class mail, postage prepaid, by the Company not less than 30 days prior
to the Redemption Date to the registered holders of the redeemable warrants to be redeemed at their last addresses as they appear on
the registration books. Any notice mailed in the manner provided in the Warrant Agreement will be conclusively presumed to have been
duly given whether or not the registered holder received such notice. Accordingly, if a holder fails to actually receive the notice of
or otherwise fails to respond on a timely basis, it could lose the benefit of being a holder of a Company public warrant.

The closing price of the Company’s common stock has not exceeded
$16.50 per share for any of the 30 trading days prior to the date