Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 490

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 490
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AC must consummate a business combination from the First Extended Date to May 14, 2024 (the “Second Extended Date”). Additionally, the stockholders approved the First Amendment to the Trust Agreement (the “First Trust Agreement Amendment”) that extends the date by which BLAC must liquidate the Trust Account from November 14, 2023 to the First Extended Date by depositing into the Trust Account $180,000 if BLAC has not completed its initial business combination, and, upon the BLAC Board exercising its discretion to further extend the date by which BLAC must liquidate the Trust Account if BLAC has not completed its initial business combination, to the Second Extended Date, by depositing into the Trust Account by no later than each of February 14, 2024, March 14, 2024, and April 15, 2024, the lesser of (i) $60,000 or (ii) $0.026 per share for each public share that was not redeemed in connection with the First Extension Amendment Proposal. Following such approval by BLAC’s stockholders, BLAC entered into the First Trust Agreement Amendment with Continental Stock Transfer & Trust Company on November 10, 2023 and has subsequently amended the Current Charter to extend the date by which BLAC must consummate a business combination to the First Extended Date. BLAC also deposited $180,000 into the Trust Account on November 13, 2023. In connection with the November 2023 Special Meeting, 3,432,046shares of BLAC common stock were tendered for redemption at a redemption price of approximately $10.49 per share for an aggregate redemption amount of $35,995,728, leaving $36,372,335 in the Trust Account immediately after the redemptions and a tax withdrawal by BLAC of $561,957. Additionally, in February 2024, the BLAC Board authorized and approved a second Certificate of Amendment to the Current Charter. The second Certificate of Amendment to the Current Charter was filed with the Delaware Secretary of State, with an effective date of February 9, 2024, and extended the date by which BLAC must consummate a business combination to the Second Extended Date. In connection with the extension by which BLAC must consummate a business combination to the Second Extended Date, BLAC deposited an extension payment of $60,000 into the Trust Account on each of February 9, 2024, March 12, 2024 and April