Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 325

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1A
Chunk 325
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 and technology products.

Our future cash flows from operations are unlikely to satisfy
our capital needs so that we will continue to need to obtain financing through other means that may involve dilution of our stockholders,
limits on our financing activities or reductions of our interest in our subsidiaries and investments.

Until such time, if ever, that we can generate substantial operating
revenues, we expect to continue to finance our cash needs through a combination of equity offerings, debt financings, strategic alliances
and license and development agreements or other collaborations. To the extent that we raise additional capital by issuing equity securities
at the parent or subsidiary level, our existing stockholders’ ownership, or our ownership in our subsidiaries, may experience substantial
dilution, and the terms of these securities may include liquidation or other preferences that could harm the rights of our stockholders.
Additionally, any agreements for future debt or preferred equity financings, if available, may involve covenants limiting or restricting
our ability to take specific actions, such as incurring additional debt, making capital expenditures or declaring dividends. If we raise
additional funds through collaborations, strategic alliances or marketing, distribution or licensing arrangements with third parties,
we may have to relinquish valuable rights to our product candidates, future revenue streams, research programs or technologies, or grant
licenses on terms that may not be favorable to us. The foregoing restrictions associated with potential sources of additional capital
may make it more difficult for us to raise additional capital or to pursue business opportunities, including potential acquisitions. If
we are unable to obtain adequate financing or financing on terms satisfactory to us, if and when we require it, our ability to grow or
support our business and to respond to business challenges could be significantly limited.

If we enter into acquisitions or strategic partnerships, this
may increase our capital requirements, dilute our stockholders, cause us to incur debt or assume contingent liabilities and subject us
to other risks.

We may engage in various acquisitions and strategic partnerships in
the future, including licensing or acquiring new product candidates, intellectual property rights, technologies or businesses. Any acquisition
or strategic partnership may entail numerous risks, including:

●increased operating expenses and cash requirements;

●the assumption of indebtedness or contingent liabilities;

●the issuance of our or our subsidiaries’ equity securities
which would result in dilution to our stockholders;

●assimilation of operations, intellectual property, products
and product candidates of an acquired company, including difficulties associated with integrating new personnel;

●the diversion of our management’s