Company: OSRH
Filing Date: 2025-06-23
Form Type: 424B3
Source: 0001213900-25-056351
Chunk: 55

Company: OSR Holdings, Inc.
Filing Date: 2025-06-23
Form: 424B3
Chunk 55
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,826,969 |     |               | 100.00 | % |     | SPAC                        |     | The United States |

Key financial information of the subsidiaries at March 31,
2025 are as follows:

| Name of subsidiary |     | Asset |           |     | Liability |            |     | Equity |            |   |     | Sales |         |     | Net Income 
 (loss)     |          |   |
|:-------------------|:----|:------|----------:|:----|:----------|-----------:|:----|:-------|-----------:|:--|:----|:------|--------:|:----|:-----------|:---------|:--|
| VAXIMM AG          |     | $     |   910,415 |     | $         |    386,254 |     | $      |    524,161 |   |     | $     |       - |     | $          | (78,609  | ) |
| RMC Co.,Ltd        |     |       | 2,040,181 |     |           |  1,568,695 |     |        |    471,486 |   |     |       | 761,272 |     |            | (211,541 | ) |
| Darnatein Co.,Ltd  |     |       |   110,171 |     |           |    678,651 |     |        |   (568,481 | ) |     |       |       - |     |            | (141,742 | ) |
| OSR Holdings, Inc. |     |       | 1,687,119 |     |           | 10,071,814 |     |        | (8,384,695 | ) |     |       |       - |     |            | -        |   |

Summaries of entities, which are newly included in consolidation
scope for the periods ended March 31, 2025 and 2024 are as follows:

| For the year ended March 31, 2025 |     |                  |     |                                                            |
|:----------------------------------|:----|:-----------------|:----|:-----------------------------------------------------------|
| Name of subsidiary                |     | Reason           |     | Type of purchase consideration                             |
| OSR Holdings, Inc.                |     | Acquisition (*1) |     | Equity swap with shares of the Parent and OSR inc