Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 523

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 523
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 shares of common stock issuable upon the exercise of the Private Warrants are not transferable, assignable or salable until after the completion of a Business Combination, subject to certain limited exceptions, and none of the Private Warrants will be redeemable so long as they are held by their initial purchasers or their permitted transferees. The Warrants will expire five years after the completion of the Business Combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation. New OSR Holdings will not be obligated to deliver any shares of common stock pursuant to the exercise of a Warrant and will have no obligation to settle such Warrant exercise unless a registration statement under the Securities Act with respect to the shares of common stock underlying the Warrants is then effective and a prospectus relating thereto is current, subject to New OSR Holdings satisfying its obligations described below with respect to registration. No Warrant will be exercisable and New OSR Holdings will not be obligated to issue shares of common stock upon exercise of a Warrant unless common stock issuable upon such Warrant exercise has been registered, qualified or deemed to be exempt under the securities laws of the state of residence of the registered holder of the Warrants. In the event that the conditions in the two immediately preceding sentences are not satisfied with respect to a Warrant, the holder of such Warrant will not be entitled to exercise such Warrant and such Warrant may have no value and expire worthless. In no event will New OSR Holdings be required to net cash settle any Warrant. New OSR Holdings may call the Warrants for redemption: •in whole and not in part; •at a price of $0.01 per Warrant; •upon not less than 30 days’ prior written notice of redemption given after the Warrants become exercisable (the “ 30 -day redemption period”) to each warrantholder; and •if, and only if, the reported last sale price of New OSR Holdings’ Common Stock equals or exceeds $16.50 per share (as adjusted for stock splits, stock dividends, reorganizations, recapitalizations and the like) for any 20 trading days within a 30 -tradingday period commencing once the Warrants become exercisable and ending three business days before we send the notice of redemption to the warrantholders. The closing price of BLAC’s common stock has not exceeded $16.50 per share for any of the 30 trading days prior to the