Company: OSRH
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001213900-25-007923
Chunk: 798

Company: OSR Holdings, Inc.
Filing Date: 2025-01-29
Form: S-4/A
Chunk 798
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 specified in Section 8.03(a) , Section 8.03(b) , and Section 8.03(d) . (d) Material Adverse Effect . No BLAC Material Adverse Effect shall have occurred between the Execution Date and the Closing Date. (e) Stock Exchange Listing . A supplemental listing shall have been filed with Nasdaq as of the Closing Date to list the shares constituting the Aggregate Participating Consideration. (f) Lock-Up Agreements . BLAC shall have delivered a copy of the Lock-Up Agreements duly executed by BLAC. (g) Minimum Available Cash Condition . The (i) amount of cash and cash equivalents available in the Trust Account immediately prior to the Closing, plus (ii) all other cash and cash equivalents of BLAC, plus (iii) the aggregate amount of cash proceeds received from the PIPE Investment prior to or substantially concurrently with the Closing (without, for the avoidance of doubt, taking into consideration any transaction fees, costs and expenses paid or required to be paid by BLAC prior to the Closing), shall be equal to or greater than $5,000,001. ARTICLE IX TERMINATION, AMENDMENT AND WAIVER 9.01 Termination . This Agreement may be terminated, and the Business Combination and the other Transactions may be abandoned at any time prior to the Effective Time, notwithstanding any requisite approval and adoption of this Agreement and the Transactions by the stockholders of the Company or BLAC, as follows: (a) by mutual written consent of BLAC and the Company; or (b) by either BLAC or the Company if the Effective Time shall not have occurred on or prior to November 14, 2024 (the “ Outside Date ”); provided , however , that this Agreement may not be terminated under this Section 9.01(b) by or on behalf of any Party that either directly or indirectly through its affiliates is in breach or violation of any representation, warranty, covenant, agreement or obligation contained herein and such breach or violation is the principal cause of the failure of a condition set forth in Article VIII on or prior to the Outside Date; or (c) by either BLAC or the Company if any Governmental Authority, including in the United States or the Republic of Korea, shall have enacted, issued, promulgated, enforced, or entered any injunction, order, decree or ruling (whether temporary, preliminary or permanent) which has become final and nonappealable and has the effect of making consummation of the Transactions, including