Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 1168

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 4
Chunk 1168
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 GAAP requires the Company’s management to make estimates and assumptions
that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the consolidated
financial statements and the reported amounts of expenses during the reporting periods.

Making estimates requires management to
exercise significant judgment. It is at least reasonably possible that the estimate of the effects of a condition, situation or set
of circumstances that existed at the date of the consolidated financial statements, which management considered in formulating its
estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ
significantly from those estimates.

Cash and Cash Equivalents 

The Company considers all short-term investments
with an original maturity of three months or less when purchased to be cash equivalents. The Company had $66,135 and $15,419 in
cash held in its operating account as of December 31, 2024 and 2023, respectively. The Company had no cash equivalents
as of December 31, 2024 and 2023.

Fair Value of Financial Instruments 

The fair value of the Company’s assets and
liabilities, which qualify as financial instruments under the FASB ASC 820, “Fair Value Measurements and Disclosures,” approximates
the carrying amounts represented in the consolidated financial statements, primarily due to their short-term nature.

Investments Held in Trust Account 

The Company’s portfolio of investments is
comprised of U.S. government securities, within the meaning set forth in Section 2(a)(16) of the Investment Company Act, with a maturity
of 185 days or less, or investments in money market funds that invest in U.S. government securities and generally have a readily determinable
fair value, or a combination thereof. When the Company’s investments held in the Trust Account are comprised of U.S. government
securities, the investments are classified as trading securities. When the Company’s investments held in the Trust Account are comprised
of money market funds, the investments are recognized at fair value. Trading securities and investments in money market funds are presented
on the consolidated balance sheets at fair value at the end of each reporting period. Gains and losses resulting from the change in fair
value of these securities are included in interest earned on investments held in the Trust Account in the accompanying consolidated statements
of operations. The estimated fair values of investments held in the Trust Account are determined using available market information.

Fair Value Measurements 

Fair value is defined