Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 566

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 566
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 September 30, 2024 and 2023, the Company incurred $ 22,500and $ 22,500, respectively, of administrative support fees which are included in general and administrative expenses in the accompanying F-18 BELLEVUE LIFE SCIENCES ACQUISITION CORP. NOTES TO CONDENSED FINANCIAL STATEMENTS SEPTEMBER 30, 2024 (UNAUDITED) NOTE 4 — RELATED PARTY TRANSACTIONS (cont.) statements of operations. During the nine months ended September 30, 2024 and 2023, the Company incurred $ 67,500and $ 52,500, respectively, of administrative support fees which are included in general and administrative expenses in the accompanying statements of operations. As of September 30, 2024 and December 31, 2023, the outstanding balance was $ 30,000and $ 15,000, respectively, recorded as due to affiliate. Due to Affiliate On August 17, 2021, the Sponsor agreed to advance the Company up to $ 10,000. On February 17, 2022, the Company repaid $ 10,000to the Sponsor. On April 28, 2022, the Sponsor agreed to advance the Company up to an additional $ 10,000. On April 29, 2022, the Sponsor agreed to advance an additional $ 7,000. These advances are due on demand and are non -interest-bearing. During the year ended December 31, 2023, the Sponsor advanced $ 180,000of funds to the Company and Company repaid $ 140,000. The outstanding balance was $ 57,000as of September 30, 2024 and December 31, 2023, recorded as due to affiliate. NOTE 5 — COMMITMENTS AND CONTINGENCIES Registration Rights The holders of Founder Shares, Private Placement Units (including component securities contained therein), and Units (including component securities contained therein) that may be issued upon conversion of Working Capital Loans will be entitled to registration rights pursuant to a registration rights agreement signed prior to the effective date of the Initial Public Offering, requiring the Company to register such securities for resale. The holders of the majority of these securities are entitled to make up to twodemands, excluding short form demands, that the Company register such securities. In addition, these holders have certain “piggyback” registration rights with respect to registration statements filed subsequent to the completion of the Business