Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 314

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 314
---
0 valuation report. 189 Interests of BLAC’s Directors and Executive Officers in the Business Combination When you consider the recommendation of the BLAC Board in favor of approval of the Business Combination Proposal, you should keep in mind that BLAC’s directors and officers have interests in the Business Combination that are different from, or in addition to, your interests as a stockholder. These interests include, among other things: •the fact that the Sponsor has agreed not to redeem any shares of BLAC Common Stock held by it in connection with a stockholder vote to approve a proposed initial business combination (the Sponsor was not granted any consideration or incentive to agree not to redeem any shares of BLAC Common Stock held by it in connection with a stockholder vote to approve the Business Combination); •the fact that the Sponsor paid an aggregate of $25,000 (or $0.014 per share) for 1,725,000shares of BLAC Common Stock, which will have a significantly higher value at the time of the Business Combination. If unrestricted and freely tradable, such shares would have had an aggregate market value of $[•] based upon the closing price of $[•] per share of BLAC Common Stock on Nasdaq on [•], 2025, the most recent practicable date prior to the date of this proxy statement and an aggregate market value of $[•] based upon the closing price of $[•] per share of BLAC Common Stock on Nasdaq on [•], 2025, the Record Date, but given the restrictions on those shares, we believe those shares have less value; •the fact that Sponsor purchased 430,000 private placement units (including the underlying securities) for an aggregate purchase price of $4,300,000 (or $10.00 per unit) in which the warrants and rights included in the private placement units would be worthless if a business combination is not consummated by February14, 2025 (unless such date is extended in accordance with the Existing Governing Documents). Such private placement units had an aggregate market value of approximately $[•] based upon the closing price of $[•] per public unit on Nasdaq on [•], 2025, the most recent practicable date prior to the date of this proxy statement/prospectus and an aggregate market value of approximately $[•] based upon the closing price of $[•] per public unit on Nasdaq on [•], 2025, the Record Date; •the