Company: OSRH
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001213900-25-007923
Chunk: 244

Company: OSR Holdings, Inc.
Filing Date: 2025-01-29
Form: S-4/A
Chunk 244
---
 BLAC Common Stock through the DWAC System, BLAC cannot assure you of this fact. Accordingly, if it takes longer than BLAC anticipates for stockholders to deliver their BLAC Common Stock, public stockholders who wish to demand that BLAC redeem their public shares may be unable to meet the deadline for exercising their redemption rights and thus may be unable to have their public shares of BLAC Common Stock redeemed. If you do not properly comply with the procedures and requirements to demand that BLAC redeem your public shares described above, your public shares will not be redeemed. Any request for redemption, once made by a holder of public shares of BLAC Common Stock, may not be withdrawn unless the BLAC Board determines (in its sole discretion) to permit the withdrawal of such redemption request (which they may do in whole or in part). If you delivered your public share for redemption and decide within the required timeframe not to exercise your redemption rights, you may request return the shares (physically or electronically). You may make such request by contacting our transfer agent at the phone number or address listed above prior to the date of the BLAC Stockholders’ Meeting. It is a condition to closing under the Business Combination Agreement that at least $5,000,001 remain after payment of all demanded redemptions by our public stockholders and receipt of the gross proceeds of the PIPE Financing. Any redemptions by our public stockholders will decrease the funds in the Trust Account available to us to consummate the Business Combination and other related transactions. Prior to exercising redemption rights, public stockholders should verify the market price of our shares of BLAC Common Stock as they may receive higher proceeds from the sale of their shares of BLAC Common Stock in the public market than from exercising their redemption rights. We cannot assure you that you will be able to sell your shares of BLAC Common Stock in the open market, even if the market price per share is higher than the redemption price, as there may not be sufficient liquidity in our shares of BLAC Common Stock when you wish to sell your shares. If you exercise your redemption rights and the Business Combination is approved and consummated, your public shares of BLAC Common Stock will cease and will only represent the right to receive a pro rata share of the aggregate amount on deposit in the Trust Account (including any interest earned on the funds held in the Trust Account net of interest that may be used by BLAC to pay its franchise and income taxes payable) calculated as of two business days prior to the consumm