Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 123

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 123
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 in favor of the Business Combination. 62 If the Adjournment Proposal is not approved and either an insufficient number of votes have been obtained to approve the Condition Precedent Proposals or the Minimum Available Cash Condition has not been waived by OSR Holdings, the BLAC Board may not have the ability to adjourn the BLAC Stockholders’ Meeting to a later date and, therefore, the necessary approvals may not be obtained, and, therefore, the Business Combination may not be consummated. The Adjournment Proposal, if presented to and adopted by BLAC stockholders, will allow the BLAC Board to adjourn the BLAC Stockholders’ Meeting to a later date or dates if an insufficient number of votes have been obtained to approve the Condition Precedent Proposals or the Minimum Available Cash Condition has not been waived by OSR Holdings. If the Adjournment Proposal is presented to but is not approved by the BLAC stockholders, the BLAC Board may not be able to adjourn the BLAC Stockholders’ Meeting to a later date in the event that an insufficient number of votes have been obtained to approve the Condition Precedent Proposals. In such event, BLAC may not be able to obtain the requisite shareholder approvals, and the Business Combination may not be consummated. As of the date of the filing of the proxy statement/prospectus, BLAC does not expect to meet the Minimum Available Cash Condition and, as a result, OSR Holdings has indicated it will waive this condition to closing of the Business Combination. The Sponsor and its affiliates may enter into agreements concerning BLAC’s securities prior to the special meeting, which may have the effect of increasing the likelihood of completion of the Business Combination or decreasing the value of BLAC Common Stock. At any time prior to the special meeting, during a period when they are not then aware of any material nonpublic information regarding BLAC or its securities, the Sponsor and its affiliates may enter into a written plan to purchase BLAC’s securities pursuant to Rule 10b5 -1under the Exchange Act, and may engage in other public market purchases, as well as private purchases, of securities. In addition, at any time prior to the special meeting, during a period when they are not then aware of any material nonpublic information regarding BLAC or its securities, the Sponsor and its affiliates may (a) purchase shares of BLAC Common Stock from institutional and other investors, (b) execute agreements to purchase such shares from institutional and other investors in the