Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 120

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 120
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 statement having been issued and no proceedings for that purpose having been initiated by the SEC that have not been withdrawn. Therefore, unless these conditions are waived by the applicable parties to the Business Combination Agreement, the Business Combination Agreement could terminate and the Business Combination may not be consummated. For further details, see the section titled “ The Business Combination Agreement — General — Conditions to Closing the Business Combination.” BLAC is requiring stockholders who wish to redeem their public shares of BLAC Common Stock in connection with the proposed Business Combination to comply with specific requirements for redemption that may make it more difficult for them to exercise their redemption rights prior to the deadline for exercising such rights. BLAC is requiring public stockholders who wish to redeem their public shares of BLAC Common Stock to either tender their certificates to Continental or to deliver their BLAC Common Stock electronically using the DTC’s DWAC (Deposit/Withdrawal At Custodian) System at least two business days before the vote at the special meeting. In order to obtain a physical certificate, a public stockholder’s broker and/or clearing broker, DTC and Continental will need to act to facilitate this request. It is BLAC’s understanding that public stockholders should generally allot at least two weeks to obtain physical certificates from Continental. However, because BLAC does not have any control over this process or over the brokers or DTC, it may take significantly longer than two weeks to obtain a physical certificate. While BLAC has been advised that it takes a short time to deliver BLAC Common Stock through the DWAC System, BLAC cannot assure you of this fact. Accordingly, if it takes longer than BLAC anticipates for stockholders to deliver their BLAC Common Stock, public stockholders who wish to redeem may be unable to meet the deadline for exercising their redemption rights and thus may be unable to redeem their public shares of BLAC Common Stock. Moreover, this proxy statement/prospectus describes various other procedures that must be complied with in order for a public stockholder to validly demand that BLAC redeem its public shares of BLAC Common Stock. In the event that a public stockholder fails to comply with these procedures, its public shares may not be redeemed. BLAC will require its public stockholders who wish to redeem their public shares of BLAC Common Stock in connection with the Business Combination to comply with specific requirements for redemption described above, and such redeeming stockholders may be unable to sell their securities when they wish to in the event that the Business Combination is not approved or is not consummated