Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 1153

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 4
Chunk 1153
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 Trust Account to pay taxes

    455,662

    561,957

    Loan issued to affiliate

    (300,000
    )

    -

    Cash deposited in Trust Account

    -

    (70,207,500
    )
  
    Net cash provided by (used in) investing activities

    35,907,691

    (33,829,815
    )

    CASH FLOWS FROM FINANCING ACTIVITIES

    Redemption of common stock

    (36,232,029
    )

    (35,995,728
    )
  
    Proceeds from Initial Public Offering, net of underwriters’ fees

    -

    59,670,000

    Proceeds from over-allotment option

    -

    9,157,500

    Proceeds from private placement

    -

    4,300,000

    Proceeds from note payable - related party

    1,803,000

    -

    Repayments to note payable - related party

    (40,000
    )

    -

    Payment of offering costs

    -

    (1,447,273
    )
  
    Repayments to note payable - Sponsor

    -

    (1,200,000
    )
  
    Proceeds from convertible note payable

    800,000

    -

    Proceeds from affiliate

    15,000

    395,000

    Repayments to affiliate

    (15,000
    )

    (340,000
    )
  
    Net cash provided by (used in) financing activities

    (33,669,029
    )

    34,539,499

    NET CHANGE IN CASH

    50,716

    (109,082
    )

    CASH, BEGINNING OF YEAR

    15,419

    124,501

    CASH, END OF YEAR
     
    $
    66,135

    $
    15,419

    Supplemental disclosures of cash flow information

    Cash paid during the year for

    Income taxes
     
    $
    461,957

    $
    -

    Supplemental disclosure of noncash investing and financing activities

    Excise tax payable
     
    $
    362,321

    $
    359,957

    Deferred underwriters’ discount payable charged to additional paid-in capital