Company: OSRH
Filing Date: 2025-05-28
Form Type: S-1
Source: 0001213900-25-048346
Chunk: 47

Company: OSR Holdings, Inc.
Filing Date: 2025-05-28
Form: S-1
Chunk 47
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 Shares”). The purchase price of one share of Common Stock under the Warrant Agreement shall be initially equal to the Exercise Price, which shall be $1.584 or as otherwise defined therein subject to certain adjustment provisions. Accordingly, as a portion of this offering and pursuant to this prospectus, the Company is registering 6,877,238 shares of Common Stock potentially issuable under the Warrant Agreement. The Warrant Agreement is appended to this registration statement as Exhibit 10.19filed on Form 8-K on May 12, 2025 and incorporated herein by reference. NOTE PURCHASE AGREEMENT Pursuant and subject to the terms of the Note Purchase Agreement executed between the Company and the Selling Stockholder on May 6, 2025, the Selling Stockholder has agreed to loan the Company the principal amount of $1,110,000 at an interest rate of 5% per annum subject to two Senior Secured Convertible Promissory Notes (each a “Convertible Note”) maturing on the date occurring Nine (9) months after the closing date of each respective loan. The first Convertible Note in the principal amount of $445,000 was executed by and between the Company and the Selling Shareholder on May 6, 2025 and shall close on or before one day after the filing of this registration statement. The second Convertible Note, constituting the balance of the principal amount under the Note Purchase Agreement, shall close one day after this registration statement becomes effective. The Company has agreed to allocate 10% of the proceeds from each purchase notice under the ELOC and/or Warrant exercise toward the repayment of the outstanding Convertible Note(s). At any time, the Selling Stockholder may convert one or both Convertible Notes at 95% multiplied by the lowest Volume Weighted Average Price (“VWAP”) fifteen days prior to the conversion notice. The Company and the Selling Stockholder have agreed that no more than 4.99% of the shares outstanding will be issued to the Selling Stockholder, which amount may be adjusted to 9.99% upon 61 days’ prior written notice from the Selling Stockholder. 27 The Note Purchase Agreement and each Convertible Note contains these and other customary representations, warranties and agreements of the Company and White Lion, limitations and conditions regarding sales of common stock, indemnification rights and other obligations of the parties. The Note Purchase Agreement and Convertible Note are appended to this registration statement as Exhibits 10.20 and 10.21, respectively