Company: OSRH
Filing Date: 2025-08-14
Form Type: 10-Q
Source: 0001213900-25-076461
Chunk: 68

Company: OSR Holdings, Inc.
Filing Date: 2025-08-14
Form: 10-Q
Item: Part I, Item 2
Chunk 68
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Item 2. Management’s Discussion and Analysis of Financial Condition
and Results of Operations

References in this report (the “Quarterly Report”) to “we,”
“us” or the “Company” refer to by OSR Holdings, Inc. References to our “management” or our “management
team” refer to our officers and directors. The following discussion and analysis of the Company’s financial condition and
results of operations should be read in conjunction with the financial statements and the notes thereto contained elsewhere in this Quarterly
Report. Certain information contained in the discussion and analysis set forth below includes forward-looking statements that involve
risks and uncertainties.

Special Note Regarding Forward-Looking Statements

This Quarterly Report on Form 10-Q includes “forward-looking
statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”),
and Section 21E of the Exchange Act of 1934, as amended (the “Exchange Act”). We have based these forward-looking statements
on our current expectations and projections about future events. These forward-looking statements are subject to known and unknown risks,
uncertainties and assumptions about us that may cause our actual results, levels of activity, performance or achievements to be materially
different from any future results, levels of activity, performance or achievements expressed or implied by such forward-looking statements.
In some cases, you can identify forward-looking statements by terminology such as “may,” “should,” “could,”
“would,” “expect,” “plan,” “anticipate,” “believe,” “estimate,”
“continue,” or the negative of such terms or other similar expressions. Factors that might cause or contribute to such a
discrepancy include, but are not limited to, those described in our other filings made with the U.S. Securities and Exchange Commission
(“SEC”).

Recent Developments

Strategic Roadmap for Tokenization under Regulation D Framework
in Partnership with BCM Europe AG

In July 2025, we announced our strategic roadmap for tokenizing our equity,
marking a significant step forward in the integration of blockchain-based finance with the Company's core business operations. This initiative
is part of our broader strategy to leverage innovative financial mechanisms, including security token offerings (STO), to enhance capital
raising opportunities, increase liquidity, and create value for shareholders.

The roadmap includes a partnership with BCM Europe AG, an affiliate of
Bellevue Capital Management, LLC, under Swiss-based