Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 236

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 236
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; and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining stockholders and the BLAC Board in accordance with applicable law, dissolve and liquidate, subject in each case to our obligations under Delaware law to provide for claims of creditors and the requirements of other applicable law. 140 Recommendation of the BLAC Board The BLAC Board believes that the Business Combination Proposal and the other proposals to be presented at the BLAC Special Meeting are in the best interests of BLAC and BLAC’s stockholders and unanimously recommends that BLAC’s stockholders vote “ FOR” each of the proposals. When you consider the recommendation of the BLAC Board in favor of approval of the Business Combination Proposal, you should keep in mind that BLAC’s Sponsor, directors, officers and their affiliates have interests in the Business Combination that are different from or in addition to (or which may conflict with) your interests as a stockholder. See the section entitled “ The Business Combination — Interests of BLAC’s Directors and Executive Officers in the Business Combination” for additional information. Broker Non-Votes and Abstentions Under the rules of various national and regional securities exchanges your broker, bank or nominee cannot vote your shares with respect to non -discretionarymatters unless you provide instructions on how to vote in accordance with the information and procedures provided to you by your broker, bank or nominee. BLAC believes the proposals presented to BLAC stockholders will be considered non -discretionaryand therefore your broker, bank or nominee cannot vote your shares without your instruction. If you do not provide instructions to your bank, broker or other nominee, it may deliver a proxy card expressly indicating that it is NOT voting your shares; this indication that a bank, broker or nominee is not voting your shares is referred to as a “broker non -vote.” An abstention from voting, shares represented at the BLAC Stockholders’ Meeting in person or by proxy but not voted on one or more proposals and a broker non -votewill each count as present for the purposes of establishing a quorum at such special meeting. Abstentions and broker non -votes, while considered present for the purposes of establishing a quorum at such special meeting, will not count as votes cast at such special meeting, and otherwise will have no effect on any proposal requiring the affirmative vote of a majority of the votes cast by the stockholders present in person or represented by proxy at such special meeting and entitled to vote thereon (e.g., the Advisory