Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 368

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 368
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 summary is qualified in its entirety by reference to the full text of the Amended Charter, a copy of which is attached to and incorporated by reference as Annex F to this proxy statement/prospectus and the Amended Bylaws, a copy of which is attached to and incorporated into this proxy statement/prospectus as Annex G. Vote Required for Approval The Charter Proposal requires the affirmative vote of the holders of a majority of the voting power of the outstanding shares of BLAC Common Stock. Abstentions and broker non -voteswill count as votes against the Charter Proposal. The Charter Proposal is conditioned upon the approval of the Business Combination Proposal, the Incentive Plan Proposal, the Director Election Proposal and the Nasdaq Proposal. If any of the Business Combination Proposal, the Incentive Plan Proposal, the Director Election Proposal or the Nasdaq Proposal is not approved, the Charter Proposal will not be implemented, even if the Charter Proposal is approved by our stockholders. Resolution to be Voted Upon The full text of the resolution to be passed is as follows: “ RESOLVEDthat the Second Amended and Restated Certificate of Incorporation of BLAC in the form attached to and incorporated by reference as Annex F to the proxy statement/prospectus be adopted.” Recommendation of the Board of Directors OUR BOARD OF DIRECTORS UNANIMOUSLY RECOMMENDS THAT BLAC STOCKHOLDERS VOTE “FOR” THE APPROVAL OF THE CHARTER PROPOSAL. 222 PROPOSALS NO. 3A — 3F — THE ADVISORY GOVERNANCE PROPOSALS BLAC’s stockholders are being asked to consider and vote on six separate proposals with respect to certain governance provisions in the Amended Charter and Amended Bylaws, which are separately being presented in order to give BLAC stockholders the opportunity to present their separate views on important corporate governance provisions. These separate votes are not otherwise required by Delaware law separate and apart from the Charter Proposal and will be voted upon on a non -bindingadvisory basis. Accordingly, the stockholder votes regarding the Advisory Governance Proposals are advisory votes and are not binding on BLAC or the BLAC Board (separate and apart from the approval of the Charter Proposal). Furthermore, the Business Combination is not conditioned on the separate approval of the Advisory Governance Proposals (separate and apart from approval of the Charter Proposal). Accordingly, regardless of the outcome of the non -bindingadvisory vote on the Advisory Governance Proposals, BLAC intends that the Amended