Company: OSRH
Filing Date: 2025-06-23
Form Type: 424B3
Source: 0001213900-25-056351
Chunk: 53

Company: OSR Holdings, Inc.
Filing Date: 2025-06-23
Form: 424B3
Chunk 53
---
 |   |     | $            | (19,173,063 | ) |     | $             | (225,386 | ) |     | $               |          — |     | $            | 143,208,215 |   |
| Net loss                                |     |              |          — |     |         |     — |     |            |           — |   |     |              | (11,392,814 | ) |     |               |        — |   |     |                 |          — |     |              | (11,392,814 | ) |
| Foreign currency translation adjustment |     |              |          — |     |         |     — |     |            |           — |   |     |              | —           |   |     |               |  467,076 |   |     |                 |          — |     |              |     467,076 |   |
| Business Combination                    |     |              | 17,121,978 |     |         | 1,712 |     |            | (56,524,226 | ) |     |              | —           |   |     |               |        — |   |     |                 | 56,522,514 |     |              |           — |   |
| Balance at March 31, 2025               |     |              | 19,276,978 |     | $       | 1,928 |     | $          | 106,082,223 |   |     | $            | (30,565,877 | ) |     | $             |  241,690 |   |     | $               | 56,522,514 |     | $            | 132,282,477 |   |

<div align='center'>The accompanying notes are an integral part of the condensed consolidated financial statements.

32

OSR HOLDINGS, INC. AND SUBSIDIAIRIES

Condensed Consolidated Statements of Cash Flows
(Unaudited)

(In the United States Dollar)</div>

| Cash flows from operating activities:                                            |     | Three months ended 
 March 31,          
 2025               |             |   |     | 2024 |            |   |
|:---------------------------------------------------------------------------------|:----|:-------------------|------------:|:--|:----|:-----|-----------:|:--|
| Net loss                                                                         |     | $                  | (11,392,814 | ) |