Company: OSRH
Filing Date: 2025-06-23
Form Type: 424B3
Source: 0001213900-25-056351
Chunk: 129

Company: OSR Holdings, Inc.
Filing Date: 2025-06-23
Form: 424B3
Chunk 129
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 combination on or prior to the time provided in the Company’s Amended and Restated Certificate of Incorporation
(as subject to extension), BGLSI agrees to forgive the principal balance of the Promissory Note, except to the extent of any funds remaining
outside of the Company’s trust account, if any. The following shall constitute an event of default: (i) a failure to pay the
principal within five business days of the Maturity Date and (ii) the commencement of a voluntary or involuntary bankruptcy action.
The foregoing description of the July 11, 2024 Promissory Note is qualified in its entirety by reference to the full text of the Promissory Note, a copy of which is filed as Exhibit 10.9 to the registration statement of which this prospectus is part.

As previously reported by the Company on Form
8-K dated October 10, 2024, on that date, the Company issued an unsecured promissory note (the “October 10, 2024 Promissory Note”) in the principal amount of $40,000 to Jun Chul Whang, a member of the Company’s Board.

The October 10, 2024 Promissory Note is not interest
bearing and is payable in full on the earlier of: (i) November 9, 2024, (ii) at such time the Company raises additional
working capital funds, or (iii) the date on which the Company consummates an initial business combination. In the event that the
Company does not consummate a business combination on or prior to the time provided in the Company’s Amended and Restated Certificate
of Incorporation (as subject to extension), Mr. Whang agrees to forgive the principal balance of the Promissory Note, except to the
extent of any funds remaining outside of the Company’s trust account, if any. The following shall constitute an event of default:
(i) a failure to pay the principal within five business days of the Maturity Date and (ii) the commencement of a voluntary or
involuntary bankruptcy action. The foregoing description of the Promissory Note is qualified in its entirety by reference to the full
text of the Promissory Note, a copy of which is filed as Exhibit 10.1 to the Company’s October 10, 2024 Form 8-K.

As previously reported by the Company on Form
8-K dated September 20, 2024, on that date the company and Mr. Wh