Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 53

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1
Chunk 53
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 until the earlier of (1) the
last day of the fiscal year (a) following the fifth anniversary of the completion of our IPO, (b) in which we have total annual
gross revenue of at least $1.235 billion, or (c) in which we are deemed to be a large accelerated filer, which means the market
value of our shares of common stock that are held by non-affiliates exceeds $700 million as of the prior June 30th, and (2) the
date on which we have issued more than $1.0 billion in non-convertible debt during the prior three-year period.

Additionally, we are a “smaller reporting company” as defined
in Item 10(f)(1) of Regulation S-K. Smaller reporting companies may take advantage of certain reduced disclosure obligations, including,
among other things, providing only two years of audited financial statements. We will remain a smaller reporting company until the last
day of the fiscal year in which (1) the aggregate worldwide market value of our common stock held by non-affiliates equaled or exceeded
$250 million as of the prior June 30th and (2) our annual revenues equaled or exceeded $100 million during such completed
fiscal year or the aggregate worldwide market value of our common stock held by non-affiliates equaled or exceeded $700 million as
of the prior June 30th.

Item 1A.	Risk Factors 

In addition to the other information contained in (or incorporated
by reference into) this proxy statement/prospectus, including the matters addressed under the heading “Cautionary Note Regarding Forward-Looking Statements,”
you should carefully consider the following risk factors in deciding how to vote on the proposals presented in this proxy statement/prospectus.
Following the Business Combination the Company will operate in a market environment that is difficult to predict and that involves significant
risks, many of which will be beyond its control. You should carefully consider the risks described below. The occurrence of one or more
of the events or circumstances described in these risk factors, alone or in combination with other events or circumstances, may have a
material adverse effect on the Company’ business, reputation, revenue, financial condition, results of operations and future prospects,
in which event the market price of the Company securities could decline, and you could lose part or all of your investment.