Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 2156

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 9C
Chunk 2156
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 consists of (i) 1,725,000 founder shares of the Company’s Common Stock, (ii) the transfer of 34,500 shares
of the Company’s Common Stock to Chardan, (iii) 430,000 placement shares held of record by BGLSI, (iv) the transfer of
120,000 shares of the Company’s Common Stock by BGLSI to officers and directors of BLAC at the time of its initial public offering,
and (v) the transfer of 310,000 private placement units identical held by BGLSI and 370,000 founder shares held by BGLSI to
BCME. BGLSI’s ownership post-closing includes an additional 12,000 shares underlying the private placement rights
that converted at the closing of the Business Combination. Mr. Hwang is the founder and managing partner of BCM, the general partner
of BGLSI, and has voting and dispositive power over the shares.

(6)Interest consists of the 370,000 founder shares and 310,000 private placement units (including the exercise of 310,000 private placement
warrants into 310,000 shares of the Company’s Common Stock, the conversion of 310,000 private placement rights into 31,000 shares
of the Company’s Common Stock, and the exercise of 60,000 private placement warrants that were also transferred to BCME by BGLSI
pursuant to the promissory note into 60,000 shares of the Company’s Common Stock) and 581,031 shares of OSR Common Stock held by
BCME prior to the closing of the Business Combination. The 581,031 shares of OSR Common Stock were exchanged for 7,531,634 shares of the
Company’s Common Stock upon the consummation of the Business Combination. BCME is a wholly-owned subsidiary of BCM. The business
address of BCME is Gotthardstrasse 26 6300 Zug Switzerland.

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(7)Interest consists of 241,000 shares of OSR Common Stock held by BCM prior to the closing of the Business Combination. The 241,000
shares of OSR Common Stock were exchanged for 3,123,970 shares of the Company’s Common Stock upon the consummation of the Business
Combination. Mr. Hwang has voting and dispositive over such shares.

(8)Interest consists of (i