Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 246

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 246
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 foregoing conflicts of interest and determined that the BLAC Board had not taken any action other than entering into the non -disclosureagreement and holding routine discussions with management of OSR Holdings to discuss a potential business combination, which discussions were generally similar in nature to those that the BLAC Board was having with other target companies. Additionally, the individual directors who were appointed to the M&A Committee were generally involved in evaluating the target companies prior to the formation of the M&A Committee. In order to minimize the effects of any inherent conflicts of interest, Mr. Hwang left negotiations and discussions between BLAC and OSR Holdings largely in the hands of their respective management teams, boards of directors, and special committees, as applicable, and refrained from unilaterally making decisions regarding a business combination, or the terms thereof, without the input and approval of non -conflictedindividuals, including the BLAC M&A Committee. For the avoidance of doubt, any decisions that involved a material conflict of interest of Mr. Hwang were reviewed, considered, and resolved by the BLAC M&A Committee. The individuals listed below (along with their relevant expertise) were involved in the initial discussions between BLAC and OSR Holdings, and, as described above, were also involved in the joint review of certain other potential target companies. Dr. Steven G. Reed, former Director and BLAC M&A Committee Member, BLAC (business, healthcare industry, science, transaction) Dr. Radclyffe Roberts, former Director and BLAC M&A Committee Member, BLAC (business, healthcare industry, science) Mr. Jin Whan Park, Director and BLAC M&A Committee Member, BLAC (business, transaction) Mr. Kuk Hyoun Hwang, CEO and Director, BLAC and former CEO and current Chairman, OSR Holdings (business, capital markets, transaction) Mr. Jun Chul Whang, Partner and General Counsel, Bellevue Capital Management; Director, BLAC (business, legal, transaction) Mr. Thomas Shin, former employee of Sponsor (business, capital markets) Dr. Josh Pan, Partner, Bellevue Capital Management (business, healthcare industry, science, transaction) Mr. Sung Hoon Chung, former Managing Director, OSR Holdings (business, capital markets, transaction) Mr. Sung Jae Yu, former Chief Operating Officer and Director, OSR Holdings (business and regulatory) Mr. Yeiseok Kim, Senior Analyst, OSR Holdings (business, science) Dr. Senyon Choe, Scientific Founder