Company: OSRH
Filing Date: 2025-05-20
Form Type: 10-Q
Source: 0001213900-25-045947
Chunk: 197

Company: OSR Holdings, Inc.
Filing Date: 2025-05-20
Form: 10-Q
Item: Part II, Item 2
Chunk 197
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Lion’s purchase obligations under a single Rapid Purchase Notice or a single VWAP Purchase Notice shall not exceed $2,000,000,
and the maximum amount of shares of Common Stock the Company may require White Lion to purchase under a single VWAP Purchase Notice shall
be the lesser of (A) 30% of the Average Daily Trading Volume or (B) $2,000,000 divided by the highest closing price of the Common Stock
over the most recent five (5) Business Days immediately preceding White Lion’s receipt of the subject VWAP Purchase Notice.

Additionally,
in consideration for White Lion’s commitments under the Common Stock Purchase Agreement, the Company agreed to issue to White Lion
the number of shares of Common Stock equal to $800,000 divided by the closing price of the Common Stock on the day that is the earlier
of (i) the business day prior to effectiveness of this resale registration statement registering the shares issuable under the Common
Stock Purchase Agreement and (ii) the business day prior to the date that White Lion requests the issuance of such shares (such shares,
the “Commitment Shares”).

Accordingly,
the actual number of shares of our Common Stock issuable will vary depending on the then-current market price of shares of Common Stock
sold to White Lion under the ELOC Agreement, but will not exceed the number set forth in the preceding paragraphs unless we file an additional
registration statement under the Securities Act of 1933, as amended (the “Securities Act”), with the U.S. Securities and
Exchange Commission (the “SEC”). See “Prospectus Summary—Post IPO Financing—Equity Line of Credit Agreement”
and “ELOC Financing” for a description of the ELOC Agreement and “Selling Stockholder” for additional information
regarding White Lion.

Warrants

Pursuant
and subject to the terms of the ELOC Agreement and as further subject to the terms of a Common Stock Purchase Warrant dated May 6, 2025
between the Company and White Lion (“Warrant”), White Lion has the right, but not the obligation, at any time for a period
of five years following the Warrant’s execution date, to subscribe for and purchase from the Company up to $4,000,000 worth, or
the Available Share Amount (as defined in the Warrant and subject to adjustment thereunder), of Common Stock (the “Warrant Shares”).
The initial purchase price of one share of Common Stock under the Warrant shall