Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 82

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 82
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 100.00 | % |     |         43,382,575 |     | 100.00 | % |     |         43,300,199 |     | 100.00 | % |

____________ (1)Assumes 24,461,214shares of BLAC Common Stock pursuant to the Business Combination Agreement will be issued by BLAC to the Participating Company Stockholders and Non -ParticipatingCompany Stockholders. (2)Consists of (i) 2,035,000shares of BLAC Common Stock held by the Sponsor, (ii) 20,000shares of BLAC Common Stock held by David J. Yoo, BLAC’s Chief Financial Officer, (iii) 20,000shares of BLAC Common Stock held by Jin Whan Park, a current director of BLAC, and (iv) 20,000shares of BLAC Common Stock held by each of the following former directors of BLAC: Steven Reed, Inchul Chung, Hosun Euh, and Radclyffe Roberts. It also assumes the conversion of 430,000 private placement rights held by the Sponsor into 43,000shares of BLAC Common Stock upon the consummation of the Business Combination. Excludes 34,500shares currently held in escrow and due to Chardan Capital Markets, LLC upon closing of the Business Combination. (3)Assumes the conversion of 6,900,000 public rights into 690,000shares of BLAC Common Stock. (4)Assumes an aggregate of $20,000,000 raised from the issuance of 222,222shares of BLAC Series A Preferred Stock at an average price of $90.00 per share which is convertible into 2,222,220shares of BLAC Common Stock which is expected to occur after the Closing of the Business Combination. (5)Consists of (i) 370,000 private warrants held by Sponsor, (ii) 20,000 private warrants held by David J. Yoo, BLAC’s Chief Financial Officer, and (iii) 20,000 private warrants held by each of Dr. Steven Reed and Dr. Inchul Chung. (6)6,300,000 is the maximum number of shares to be reserved for issuance under the Omnibus Plan. (7)The number of shares of BLAC Common Stock that the promissory note converts into is obtained by diving (a) the outstanding principal amount and unpaid accrued interest under