Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 345

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 345
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 directors, it was qualified to conclude that the acquisition of OSR Holdings met the 80% requirement at signing of the Business Combination Agreement on November 16, 2023, and at signing of the Amended and Restated Business Combination Agreement on May 23, 2024. Based on the foregoing, the BLAC Board determined that the fair market value of OSR Holdings was substantially in excess of 80% of the funds in the Trust Account and that the 80% test was met at signing of the Business Combination Agreement and at signing of the Amended and Restated Business Combination Agreement. Rights of Stockholders BLAC is a Delaware corporation governed by the DGCL. The DGCL and the Existing Governing Documents govern your rights as a stockholder. Subject to the approval of our stockholders of the Charter Proposal described in this proxy statement/prospectus, the Existing Governing Documents will not differ materially from the Proposed Governing Documents following the Business Combination. See the section entitled “ Proposal No. 2 — The Charter Proposal” and “ Comparison of Corporate Governance and Stockholder Rights” for more information. Name; Headquarters The name of BLAC after the Business Combination will be OSR Holdings, Inc. and its headquarters will be located at 10900 NE 4 thStreet, Suite 2300, Bellevue, WA 98004. Redemption Rights Pursuant to our Existing Governing Documents, in the event that the Business Combination is approved and consummated, holders of public shares may elect to have BLAC redeem their public shares for cash at the applicable redemption price per share calculated in accordance with our Existing Governing Documents. As of [•], 2025 this would have amounted to approximately $[•] per public share. If a holder of public shares exercises redemption rights and the Business Combination is approved and consummated, then such holder will be causing BLAC to redeem its public shares for cash and will not own shares of BLAC Common Stock following completion of the Business Combination. Such a holder will be entitled to receive cash for its public shares only if it properly demands redemption and delivers its shares (either physically or electronically) in accordance with the procedures described in this proxy statement/prospectus. See the section entitled “The BLAC Stockholders’ Meeting — Redemption Rights and Procedures”for the procedures to be followed if you wish to demand that BLAC redeem your public shares for cash. 208 It is a condition to closing under the Business Combination Agreement that Minimum Available Cash equal or exceed $5,