Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 333

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1A
Chunk 333
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 continuity plans have
limitations and might not be sufficient to address a severe disaster or similar occurrence effectively. We might incur substantial expenses
due to the inherent limitations of our disaster recovery and business continuity plans. The combination of these limitations along with
our lack of earthquake insurance could lead to a significant adverse impact on our business.

Tensions with North Korea could have an adverse effect on our
business, financial condition, and results of operations, and the price per share of our common stock.

Relations between South Korea and North Korea have fluctuated over
the years. Tension between South Korea and North Korea may increase or change abruptly as a result of current and future events.
In particular, there have been heightened security concerns in recent years stemming from North Korea’s nuclear weapon and
ballistic missile programs as well as its hostile military actions against South Korea.

North Korea’s economy also faces severe challenges, which may
further aggravate social and political pressures within North Korea and affect South Korea. Beginning in 2018, North Korea held a series
of bilateral summit meetings with South Korea and the United States to discuss peace and denuclearization of the Korean peninsula.
However, those discussions have ended and North Korea has since resumed its missile testing and bellicose statements, heightening tensions,
and increasing uncertainty.

Further tensions in North Korean relations could develop due to a leadership
crisis, breakdown in high-level inter-Korea contacts or military hostilities. Alternatively, tensions may be resolved through
reconciliatory efforts, which may include peace talks, alleviation of sanctions or reunification. We cannot assure that future negotiations
will even occur and, if they do, result in any lasting resolution of key issues, such as North Korea’s nuclear program, or that
the level of tensions between South Korea and North Korea will not escalate. Any increase in the level of tension between South Korea
and North Korea, an outbreak in military hostilities or other actions or occurrences, could adversely affect our business, prospects,
financial condition, and results of operations and could lead to a decline in the price per share of our common stock.

Except with respect to RMC, our Korean subsidiary engaged in
the sale and distribution of medical products in Korea, we do not expect to carry any business interruption insurance or any other insurance
(except for director and officer liability insurance). As a result, we may incur uninsured losses, increasing the possibility that you
would lose your entire investment in the Company.

Our pharmaceutical products may expose us to