Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 131

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 131
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 of BLAC Common Stock that could be demanded to be redeemed is redeemed in connection with the Business Combination, and excluding the shares owned by BLAC’s sponsor, directors, officers and their respective affiliates, current BLAC public stockholders’ percentage ownership in New OSR Holdings following the issuance of shares of stock to New OSR Holdings stockholders would be 4.35%. Assuming that the maximum number of BLAC Common Stock that could be demanded to be redeemed are redeemed in connection with the Business Combination, and excluding the shares owned by BLAC’s sponsor, directors, officers and their respective affiliates, current BLAC public stockholders’ percentage ownership in New OSR Holdings following the issuance of shares of stock to New OSR Holdings stockholders would be 3.91%. The percentage of New OSR Holdings Common Stock that will be owned by current BLAC stockholders as a group will vary based on the number of public shares of BLAC Common Stock for which the holders thereof demand redemption in connection with the Business Combination. Because of this, current BLAC public stockholders, as a group, will have less influence on the board of directors, management and policies of New OSR Holdings than they now have on the board of directors, management and policies of BLAC. Future sales, or the perception of future sales, of New OSR Holdings Common Stock by New OSR Holdings or its stockholders in the public market could cause the market price for New OSR Holdings Common Stock to decline. The sale of shares of New OSR Holdings Common Stock in the public market, or the perception that such sales could occur, by New OSR Holdings or its stockholders or warrant holders could harm the prevailing market price of shares of New Holdings Common Stock. These sales, or the possibility that these sales may occur, also might make it more difficult for New OSR Holdings to sell equity securities in the future at a time and at a price that it deems appropriate. 67 If New OSR Holdings issues additional equity securities or debt securities, those securities offerings may adversely affect the market price of New OSR Holdings Common Stock and warrants to purchase shares of New OSR Holdings Common Stock and may be dilutive to existing stockholders. In the future, New OSR Holdings is likely to issue additional shares of common stock or issue preferred stock or incur debt. Debt and preferred stock will generally have priority upon liquidation. Such securities also may be governed by an indenture or other instrument containing covenants restricting our operating flexibility. Additionally, any convertible or exchange