Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 18

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 18
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 OSR Holdings”), each holder of shares of OSR Holdings’ Series A common stock, with par value of KRW 5,000 per share (“ OSR Holdings Common Stock”) that will be converted to OSR Holdings Common Stock prior to closing) that executes a Participating Stockholder Joinder thereto (each such person, a “ Participating Company Stockholder”), and each stockholder of OSR Holdings that executes a Non -ParticipatingStockholder Joinder thereto (each such person, a “ Non-Participating Company Stockholder”, and together with the Participating Company Stockholders, the “ OSR Holdings Stockholders”), pursuant to which, among other things, (A) the Participating Company Stockholders will transfer their respective shares of OSR Holdings Common Stock to BLAC in exchange for shares of BLAC common stock, par value $0.0001 per share (“ BLAC Common Stock”) (such transfer and exchange, the “ Share Exchange”), and (B) the Non -ParticipatingCompany Stockholders will continue to hold their shares of OSR Holdings Common Stock subject to their Non -ParticipatingStockholder Joinders entered into with BLAC on or before the Closing Date (as defined in the Business Combination Agreement), and (b) certain related agreements (including lock -upagreements (the “ Lock-Up Agreements”), each in the form attached to and incorporated into the proxy statement/prospectus enclosed with this Notice). • Proposal No. 2 — The Charter Proposal— to consider and vote upon a proposal to approve the Second Amended and Restated Certificate of Incorporation of BLAC, a copy of which is attached to and incorporated into the proxy statement/prospectus enclosed with this Notice as Annex F (the “Amended Charter”), which will amend and restate the existing Amended and Restated Certificate of BLAC, as amended (the “Current Charter”), in its entirety. • Proposals No. 3A – 3F — The Advisory Governance Proposals— to consider and vote, on a non -bindingadvisory basis, upon six separate governance proposals relating to material differences between the Current Charter and the Amended Charter and the current bylaws of BLAC (the “Current Bylaws” and together with the Current Charter, the “Existing Governance Documents”) and Amended and Restated Bylaws of BLAC to be in effect upon the completion of the Business Combination in accordance with the requirements of the SEC. These proposals are referred to as the “ Advisory