Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 64

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1
Chunk 64
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 “business
combination” with an “interested stockholder” for a three-year period following the time such stockholder becomes
an interested stockholder, unless the business combination is approved in one of the manners described below. A “business
combination” includes, among other things, certain mergers, asset or stock sales or other transactions together resulting in a financial
benefit to the interested stockholder. An “interested stockholder” is a person who, together with affiliates and associates,
owns, or did own within three years prior to the determination of interested stockholder status, 15% or more of the corporation’s
outstanding voting stock. Under Section 203 of the DGCL, a business combination between a corporation and an interested stockholder
is prohibited unless it satisfies one of the following conditions:

●before the stockholder became an interested stockholder, the
board of directors of the corporation approved either the business combination or the transaction which resulted in the stockholder becoming
an interested stockholder;

●upon the consummation of the transaction which resulted in the
stockholder becoming an interested stockholder, the interested stockholder owned at least 85% of the voting stock of the corporation
outstanding at the time the transaction commenced, excluding for purposes of determining the voting stock outstanding those shares owned
by persons who are directors and also officers, and employee stock plans, in some instances; or

●at or after the time the stockholder became an interested stockholder,
the business combination was approved by the board of directors of the corporation and authorized at an annual or special meeting of
the stockholders by the affirmative vote of at least 66⅔% of the outstanding voting stock which is not owned by the
interested stockholder.

Under certain circumstances, Section 203 of the DGCL will make
it more difficult for a person who would be an “interested stockholder” to effect various business combinations with the corporation
for a three-year period. This provision may encourage persons interested in acquiring the Company to negotiate in advance with the
board of directors of the Company. Section 203 of the DGCL also may have the effect of preventing changes in the Company board of
directors and may make it more difficult to accomplish transactions which stockholders may otherwise deem to be in their best interests.

If, following the Business Combination, securities or industry
analysts do not publish or cease publishing research or reports about the Company, its business, or its market, or if they change their
recommendations