Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 94

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1
Chunk 94
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 impact on our business, financial condition and results of operations.

We may, from time to time, be subject to claims and may become party
to litigation in the normal course of business, including class action lawsuits. Such claims and litigation proceedings may be brought
by third parties, including our customers, competitors, advisors, service providers, partners or collaborators, employees, and governmental
or regulatory bodies. The final outcome of these claims and litigation, including any settlements, may be significant and may differ substantially
from our expectations. We may not be able to determine the amount of any potential losses and other costs we may incur due to the inherent
uncertainties of litigation and settlement negotiations. In the event we are required or decide to pay amounts in connection with any
claims or lawsuits, such amounts could be significant and could have a material adverse impact on our liquidity, business, financial condition
and results of operations. In March of 2025 Company Management became aware of a civil action filed against the Company by Benjamin Securities,
Inc. in Supreme Court, New York County, seeking $500,000.00 in brokerage fees and costs the plaintiff alleges are due and owing. 

Our internal computer systems, or those used by our third-party research
institution collaborators, CROs or other contractors or consultants, may fail or suffer security breaches.

Despite having security measures in place, both our internal computer
systems and those of our future CROs, contractors, collaborators and consultants could be susceptible to potential damage, disruption
or failure as a result of hardware malfunctions, power outages, natural disasters, computer viruses, cyber-attacks, employee theft or
misuse and other unauthorized access. While we don’t believe we have experienced any significant system failures or security breaches
to date, the occurrence of such an event could lead to substantial disruptions in our development programs and overall business operations
and subject us to governmental sanctions and private causes of action. For instance, the loss of clinical trial data, whether from completed,
ongoing, or future trials, could lead to delays in our efforts to gain regulatory approval and result in substantial costs to recover
or reproduce the lost data.

49

We could be held liable for monetary damages resulting from
security breaches of our internal computer systems, and our insurance policies may be insufficient to cover potential losses.

We may also incur liability for unauthorized disclosure of sensitive
information, especially personal identifying information or personal health data. Specific data breaches may necessitate reporting to
affected individuals, governmental bodies, and,