Company: OSRH
Filing Date: 2025-06-23
Form Type: 424B3
Source: 0001213900-25-056351
Chunk: 125

Company: OSR Holdings, Inc.
Filing Date: 2025-06-23
Form: 424B3
Chunk 125
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issory note (the “BCM Note”) in the principal amount of $180,000 to BCM to fund
the payment to extend the date to consummate an initial business combination to February 14, 2023. The BCM Note is non-interest-bearing
and is payable in full on the earlier of: (i) December 31, 2024, or (ii) the date on which the Company consummates a Business
Combination. In the event that the Company does not consummate a business combination, the BCM Note will be repaid only from amounts
remaining outside of the Company’s Trust Account, if any. The Company repaid the BCM Note on December 4, 2023.

As previously reported by the
Company on its Current Report Form 8-K filed on February 9, 2024, on that date the Company issued an unsecured promissory note in
the principal amount of $75,000 to Jun Chul Whang, a member of the Company’s Board of Directors (the “Jun Chul Whang Promissory Note.”)

Also on February 9, 2024, $60,000 was deposited
in the trust account in connection with the extension of the date by which the Company must consummate a business combination from February
14, 2024 to March 14, 2024.

The Jun Chul Whang Promissory Note is not interest
bearing and is payable in full on the earlier of: (i) August 9, 2024 or (ii) the date on which the Company consummates
an initial business combination. In the event that the Company does not consummate a business combination on or prior to the time provided
in the Company’s Amended and Restated Certificate of Incorporation (as subject to extension), Mr. Whang agrees to forgive the principal
balance of the Jun Chul Whang Promissory Note, except to the extent of any funds remaining outside of the Company’s trust account,
if any. The following shall constitute an event of default: (i) a failure to pay the principal within five business days of the maturity
date and (ii) the commencement of a voluntary or involuntary bankruptcy action. The foregoing description of the Jun Chul Whang Promissory
Note is qualified in its entirety by reference to the full text of the note, a copy of which is filed as Exhibit 10.1 to the February
9, 2024 Form 8-K.

As