Company: OSRH
Filing Date: 2025-06-23
Form Type: 424B3
Source: 0001213900-25-056351
Chunk: 121

Company: OSR Holdings, Inc.
Filing Date: 2025-06-23
Form: 424B3
Chunk 121
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 March 23, 2023,
our Sponsor also transferred 20,000 founder shares and 20,000 placement warrants to Mr. Yoo for his service as Chief Financial Officer.

Our Sponsor purchased an aggregate of 430,000
Private Placement Units at a price of $10.00 per unit, for an aggregate purchase price of $4,300,000, at the closing of our IPO. There
will be no redemption rights or liquidating distributions from the Trust Account with respect to the founder shares or placement shares,
and the placement warrants and placement rights will expire worthless if we do not consummate a business combination on or prior to the
time provided in the Company’s Charter (as subject to extension).

On March 31, 2022, our Sponsor entered into
a promissory note with BCM Europe in the principal amount of $3,400,000 with a maturity date of December 9, 2023 (the “BCM
Europe Note”). The proceeds of the BCM Europe Note were used to fund our Sponsor’s purchase of the Private Placement Units.
The BCM Europe Note is convertible at the election of either our Sponsor or BCM Europe into (i) 310,000 Units identical to the Private
Placement Units held by our Sponsor, (ii) 370,000 founder shares held by our Sponsor, and (iii) 60,000 warrants held by our Sponsor.
The BCM Europe Note was amended on March 27, 2024 to extend the maturity date to the earlier of (i) December 31, 2024
or (ii) the date on which the Company consummates a Business Combination. Additionally, on February 2, 2023, our Sponsor entered
into a promissory note with BCM Europe in the principal amount of $2,000,000 with a maturity date of February 2, 2024 (the “BCM
Europe Note 2023”). The proceeds of the BCM Europe Note 2023 will be used, if necessary, to fund expenses in connection with our
initial business combination. The BCM Europe Note 2023 is not convertible into any BLAC securities held by our Sponsor. The BCM Europe
Note 2023 was amended on April 12, 2024 to extend the maturity date to the earlier of (i) December 31, 2024 or (ii) the
date on which the Company consummates a Business Combination. As of the date of the filing of this Annual Report on Form 10-K