Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 74

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 74
---
 combination and/or in evaluating the terms of the Business Combination; •the fact that the Sponsor and BLAC’s directors and officers may be incentivized to complete the Business Combination, or an alternative initial business combination with a less favorable company or on terms less favorable to stockholders, rather than to liquidate, in which case the Sponsor would lose its entire investment, and as a result, the Sponsor may have a conflict of interest in determining whether OSR Holdings is an appropriate business with which to effectuate a business combination and/or in evaluating the terms of the Business Combination; •the fact that Sponsor has invested an aggregate of $4,325,000 (consisting of $25,000 for the founder shares, or approximately $0.014 per share, and $4,300,000 for the private placement units, or $10.00 per unit) means that the Sponsor and our officers and directors stand to make a significant profit on their investment and could potentially recoup their entire investment in BLAC even if the trading price of New OSR Holdings Common Stock after consummation of an initial business combination and after restrictions on transfer of the shares of BLAC Common Stock held by the Sponsor was as low as approximately $2.00 per share (assuming no redemptions and even if the private placement warrants and rights are worthless) and therefore our Sponsor, officers and directors may experience a positive rate of return on their investment, even if BLAC’s public stockholders experience a negative rate of return on their investment; •the fact that the Sponsor, BLAC’s officers and directors, Bellevue Capital Management LLC, or their affiliates, have made and may make Working Capital Loans. The Sponsor, BLAC’s officers and directors, and its and their affiliates have previously loaned money to BLAC (or to the sponsor for BLAC’s benefit) in an aggregate amount of $2,245,000 to fund operating and transaction expenses in connection with the proposed Business Combination, $1,763,000 of which remains outstanding as of 30 the date of this proxy statement/prospectus (none of which contain conversion rights), and may make additional loans after the date of this proxy statement/prospectus for such purposes. If the Business Combination is not consummated or another business combination is not otherwise completed, the loans may not be repaid and would be forgiven except to the extent there are funds available to BLAC outside of the Trust Account to repay such loan; • the fact that, although no compensation of any kind was or will