Company: OSRH
Filing Date: 2025-02-13
Form Type: 425
Source: 0001213900-25-013502
Chunk: 2

Company: OSR Holdings, Inc.
Filing Date: 2025-02-13
Form: 425
Chunk 2
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179,383 shares of BLAC Common Stock, or 93.95% of the voting power of all outstanding
BLAC Common Stock were represented in person or by proxy, which constituted a quorum.

Set forth below are the proposals voted upon at the Special Meeting
(each of which is described in the Proxy Statement) and the final voting results.

Proposal No. 1 – The Business Combination Proposal

A proposal to approve the business combination (the “Business Combination”) reflected by the Amended and Restated Business Combination Agreement, dated May 23, 2024, as amended on December
20, 2024 (the “Business Combination Agreement”).

| FOR       |     | AGAINST |     | ABSTAIN |
| 2,175,065 |     |   4,318 |     | --      |

Proposal No. 2 – The Charter Proposal

A proposal to approve the Amended and Restated Certificate of Incorporation
of BLAC (the “Amended Charter”).

| FOR       |     | AGAINST |     | ABSTAIN |
| 2,175,065 |     |   4,318 |     | --      |

Proposals No. 3A-3F – The Advisory Governance Proposals

Six separate governance proposals (on a non-binding advisory basis
in accordance with the requirements of the U.S Securities and Exchange Commission) relating to material differences between the current
certificate of incorporation and the Amended Charter, and the current bylaws of BLAC and Amended and Restated Bylaws of BLAC to be in
effect upon completion of the Business Combination. Specifically:

| 3A: | Name Change – To change BLAC’s name to “OSR 
 Holdings, Inc.”                             |

| FOR       |     | AGAINST |     | ABSTAIN |
| 2,175,065 |     |   4,318 |     | --      |

| 3B: | Preferred Stock – To increase the number of shares                                
 of preferred stock that can be issued from 1,000,000 shares to 20,000,000 shares. |

| FOR       |     | AGAINST |     | ABSTAIN |
| 2,175,065 |     |   4,318 |     | --      |

| 3C: | Increase Vote Required for Removal of Directors – To                                       
 provide that directors may be removed by the affirmative vote of the holders of at least   
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