Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 511

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 511
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100% redemptions, respectively. The percentage is incalculable assuming 100% redemptions because the deferred underwriting fee as a percentage of proceeds remaining in the Trust Account equals the quotient of (1) the deferred underwriting fee (which is not adjusted for redemptions) divided by (2) the amount of proceeds remaining in the Trust Account. In the 100% redemption scenario, the denominator in the foregoing calculation would be zero, and division of a real number by zero is undefined (i.e. incalculable). The deferred fee will be waived by Chardan in the event that BLAC does not complete a Business Combination, subject to the terms of the underwriting agreement. Deferred Legal Fees BLAC has incurred deferred legal fees payable upon consummation of a Business Combination of approximately $1,068,261 as of September 30, 2024. These fees will only become due and payable upon the consummation of a business combination. 321

MANAGEMENT FOLLOWING THE BUSINESS COMBINATION Unless otherwise indicated or the context otherwise requires, references in this section to “OSR Holdings,” “we,” “us,” “our” and other similar terms refer to OSR Holdings prior to the Business Combination and to New OSR Holdings and its consolidated subsidiaries after giving effect to the Business Combination. The following sets forth certain information concerning the persons who are expected to serve as directors and executive officers of New OSR Holdings following the consummation of the Business Combination. Executive Officers and Directors after the Business Combination Upon the consummation of the Business Combination, the business and affairs of New OSR Holdings will be managed by or under the direction of the New OSR Holdings board of directors. The following table sets forth the name, age and position of each of the expected directors, executive officers and certain key executives of New OSR Holdings following the consummation of the Business Combination. The composition of the board of directors and management team of New OSR Holdings after completion of the business combination is being determined through discussions led by Kuk Hyoun Hwang who represents both BLAC and OSR Holdings. For biographical information concerning the directors, executive officers and key executives, see below.

| Name                             |     | Age |     | Position                                                                                                    |
| Executive Officers and Directors |     |     |     |                                                                                                             |
| Kuk Hyoun Hwang*                 |     |  49 |     | Chairman of the Board                                                                                       |
| Jun Chul Whang**