Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 1510

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 7
Chunk 1510
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 BGLSI’s ownership an additional 12,000 shares underlying the private placement rights that
convert at the closing of the Business Combination and the shares of the Company’s Common Stock held by BCME and Bellevue Capital
Management LLC (“BCM”) upon the closing of the Business Combination. Mr. Hwang is the founder and managing partner
of BCM, the general partner of BGLSI, and has voting and dispositive power over the shares.

(3)Interest does not include shares of the Company’s Common Stock held by BGLSI. Mr. Whang is a minority owner of BCM but
has no voting or dispositive power over the shares of the Company’s Common Stock held by BGLSI.

(4)BGLSI transferred 20,000 shares of the Company’s common stock to Mr. Park.

(5)Interest consists of (i) 1,725,000 founder shares of the Company’s Common Stock, (ii) the transfer of 34,500 shares
of the Company’s Common Stock to Chardan, (iii) 430,000 placement shares held of record by BGLSI, (iv) the transfer of
120,000 shares of the Company’s Common Stock by BGLSI to officers and directors of BLAC at the time of its initial public offering,
and (v) the transfer of 310,000 private placement units identical held by BGLSI and 370,000 founder shares held by BGLSI to
BCME. BGLSI’s ownership post-closing includes an additional 12,000 shares underlying the private placement rights
that converted at the closing of the Business Combination. Mr. Hwang is the founder and managing partner of BCM, the general partner
of BGLSI, and has voting and dispositive power over the shares.

(6)Interest consists of the 370,000 founder shares and 310,000 private placement units (including the exercise of 310,000 private placement
warrants into 310,000 shares of the Company’s Common Stock, the conversion of 310,000 private placement rights into 31,000 shares
of the Company’s Common Stock, and the exercise of 60,000 private placement warrants that were also transferred to BCME by BGLSI
pursuant to the promissory note into 60,000 shares of the Company’s Common Stock) and 581,031 shares of OSR