Company: OSRH
Filing Date: 2025-06-23
Form Type: 424B3
Source: 0001213900-25-056351
Chunk: 93

Company: OSR Holdings, Inc.
Filing Date: 2025-06-23
Form: 424B3
Chunk 93
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 the
“Joinders”) with the Non-Participating Stockholders, pursuant to which the Non-Participating Stockholders became party
to the Business Combination Agreement with all attendant rights, duties and obligations (including in respect of all of the representations,
warranties, covenants, agreements and conditions of the Business Combination Agreement), with the same force and effect as if originally
named as a “Non-Participating Company Stockholder” in the Business Combination Agreement.

The Non-Participating Joinders contain put
and call rights for the Non-Participating Stockholders and the Company, respectively, whereby the Non-Participating Stockholders
shall have the Put Right and the Company shall have the Call Right.

The Put Right and Call Right will be exercisable
on or after the Trigger Date. The Put Right and Call Right terminate and expire 120 days after the Trigger Date.

The Non-Participating Joinders contain customary
representations, warranties and covenants, and include a general release of all claims against the Company, OSR and each of its and their
respective affiliates, successors, assigns, officers, directors, employees, agents, administrators and trustees.

The foregoing summary is subject to and qualified
in its entirety by reference to the Form of Non-Participating Joinder, a copy of which is filed as Exhibit 10.2 to Company’s February
21, 2024 Form 8-K.

Additionally, on the Closing Date, the Company
entered into Lock-up Agreements (the “Lock-Up Agreements”) with Bellevue Capital Management LLC (“BCM”),
BCM Europe AG (“BCME”), Sung Jae Yu, and Sung Hoon Chung (together, the ”Holders”), pursuant to
which the Holders are contractually restricted from selling or transferring between 70%-100% of their shares of Company Common Stock received
in the Share Exchange (the “Lock-Up Shares”). Such restrictions became applicable commencing from the Closing Date
and end (i) with respect to BCM and BCME, on the 36-month anniversary of the Closing Date; and (ii) with respect to Sung Jae Yu and Sung
Hoon Chung, on January 1, 2026.

The foregoing summary is subject to and qualified in its entirety by reference to the Form of Lock-Up Agreement,
a copy of which is filed as Exhibit 10.3 to Company’s March 13, 2024 Form 8-K.

As previously