Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 781

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1C
Chunk 781
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option from the final prospectus relating to the Initial Public Offering to purchase up to 900,000 additional
Units to cover over-allotments, if any, at the Initial Public Offering price less the underwriting discounts and commissions.

The underwriters were
entitled to an underwriting discount of $0.20 per Unit, or $1,200,000 in the aggregate, equal to 2% of the gross proceeds
of the Initial Public Offering (or $1,380,000 in the aggregate if the underwriters’ over-allotment option is exercised in full),
payable upon the closing of the Initial Public Offering; provided that for each Unit purchased by investors that are sourced by the Sponsor,
such underwriting discount was reduced to $0.125 per Unit payable in cash. In addition, $0.30 per Unit, or approximately $1,800,000 in the
aggregate (or $2,070,000 in the aggregate if the underwriters’ over-allotment option is exercised in full)
will be payable to the underwriters for deferred underwriting commissions. The deferred fee will become payable to the underwriters from
the amount held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the
underwriting agreement. In addition, the underwriters are entitled to receive 30,000 shares of Common Stock (or 34,500 shares
if the underwriters’ over-allotment option is exercised in full) from the Sponsor, which will be placed in escrow until the consummation
of an initial Business Combination. Such shares paid to the underwriters are referred to as the “Equity Participation Shares.”
If a Business Combination is not consummated, the Equity Participation Shares will be returned to the Sponsor. The Equity Participation
Shares have been deemed compensation by Financial Industry Regulatory Authority (“FINRA”) and are therefore subject to a lock-up for a
period of 180 days immediately following the effective date of the registration statement related to the Initial Public Offering pursuant
to FINRA Rule 5110(e)(1). Pursuant to FINRA Rule 5110(e)(1), these securities will not be the subject of any hedging, short sale, derivative,
put or call transaction that would result in the economic disposition of the securities by any person for a period of 180 days immediately
following the effective date of