Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 1434

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 6
Chunk 1434
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Loss) per Common Share 

The Company complies with the accounting and disclosure
requirements of FASB ASC Topic 260, “Earnings Per Share.” Net income (loss) per common share is computed by dividing net income
(loss) by the weighted average number of shares of common stock outstanding during the period, excluding common stock subject to forfeiture.
The Company has not considered the effect of the warrants sold in the Initial Public Offering and the Private Placement to purchase an
aggregate of 7,330,000 shares of its common stock in the calculation of diluted net income (loss) per share, since their exercise
is contingent upon future events. As a result, diluted net income (loss) per share of common stock is the same as basic net income (loss)
per share of common stock. The redemption feature for the common shares equals fair value, and therefore does not create a different class
of shares or require an adjustment to the earnings per share calculation.
The redemption at fair value does not represent an economic benefit to the holders that is different from what is received by other stockholders,
because the shares could be sold on the open market. Accretion associated with the redeemable shares of common stock is excluded from
earnings per share as the redemption value approximates the fair value.

Common Stock Subject to Possible Redemption 

The Company accounts for its common stock subject to possible redemption
in accordance with the guidance in ASC 480. Common stock subject to mandatory redemption (if any) is classified as a liability instrument
and measured at fair value. Conditionally redeemable common stock (including common stock that features redemption rights that are within
the control of the holder or subject to possible redemption upon the occurrence of uncertain events not solely within the Company’s
control) is classified as temporary equity. At all other times, common stock is classified as stockholders’ equity (deficit). The
Company’s common stock sold in the Initial Public Offering and over-allotment features certain redemption rights that are considered
to be outside of the Company’s control and subject to the occurrence of uncertain future events. Accordingly, as of December
31, 2024 and 2023, 164,752 and 3,467,954, respectively, shares of common stock subject to possible redemption are presented
at redemption value as temporary equity, outside of the stockholders’ deficit section of the Company’s consolidated balance
sheets.

F-14

OSR HOLDINGS, INC.

(f/k/a Bellevue Life Sciences Acquisition Corp