Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 360

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 360
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 loss, and would be treated as long -termcapital gain or loss if the OSR Holdings Common Stock has been held for more than one year as of the date of the Business Combination. A Company Stockholder’s aggregate tax basis in the Parent Common Stock so received would equal its fair market value as of the date such stock is received, and a Company Stockholder’s holding period for such Parent Common Stock would begin the day after such stock is received. OSR Holdings Stockholders should consult with their tax advisors regarding the tax consequences of the Share Exchange. U.S. Federal Income Tax Consequences to U.S. Holders of Ownership and Disposition of BLAC Common Stock after the Business Combination Distributions on BLAC Common Stock The gross amount of any distribution on shares of BLAC Common Stock that is made from BLAC’s current or accumulated earnings and profits (as determined for U.S. federal income tax purposes) will generally be taxable to a U.S. Holder as ordinary dividend income on the date such distribution is actually or constructively received by such U.S. Holder. Any such dividends paid to corporate U.S. Holders generally will qualify for a dividends received deduction (pursuant to which a portion of the dividend may be deducted) if the requisite holding period is satisfied. 215 Subject to applicable requirements and limitations, dividends paid to a non -corporateU.S. Holder generally will constitute “qualified dividends” that will be subject to tax at the preferential tax rate accorded to long -termcapital gains. Non -corporateU.S. Holders that do not meet a minimum holding period requirement or that elect to treat the dividend income as “investment income” pursuant to Section 163(d)(4) of the Code (dealing with the deduction for investment interest expense) will not be eligible for the reduced rates of taxation applicable to qualified dividends. In addition, the rate reduction will not apply to dividends if the recipient of a dividend is obligated to make related payments with respect to positions in substantially similar or related property. This disallowance applies even if the minimum holding period has been met. To the extent that the amount of any distribution made by BLAC on BLAC Common Stock exceeds BLAC’s current and accumulated earnings and profits for a taxable year (as determined under U.S. federal income tax principles), the distribution will first be treated as a tax -freereturn of capital, causing a reduction (but not below zero) in the adjusted basis of the U.S. Holder’s shares of BLAC Common Stock,