Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 10

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 10
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 and until their respective successors are duly elected and qualified or until their earlier resignation, removal or death, which is referred to herein as the “ Director Election Proposal,” (e) a proposal to approve, for purposes of complying with the applicable listing rules of The Nasdaq Stock Market LLC, the issuance of shares of BLAC Common Stock pursuant to the Business Combination Agreement in connection with the Business Combination, which is referred to herein as the “Nasdaq Proposal,” and (f) a proposal to adjourn the special meeting to a later date or dates to the extent necessary, which is referred to herein as the “ Adjournment Proposal.” The Business Combination will be consummated only if the Business Combination Proposal, the Charter Proposal, the Incentive Plan Proposal, the Director Election Proposal and the Nasdaq Proposal (collectively, the “ Condition Precedent Proposals”) are approved at the special meeting. The Advisory Governance Proposals and the Adjournment Proposal are not conditioned upon the approval of any other proposal. Each of these proposals is more fully described in the accompanying proxy statement/prospectus, which each stockholder is encouraged to read carefully and in its entirety. The Adjournment Proposal provides for a vote to adjourn the special meeting to a later date or dates to the extent necessary (i) to ensure that any required supplement or amendment to the accompanying proxy statement/prospectus is provided to BLAC stockholders, (ii) to permit further solicitation and vote of proxies if there are insufficient votes for, or otherwise in connection with, the approval of the Condition Precedent Proposals, or (iii), if as of the time for which the special meeting is scheduled, the BLAC stockholders elect to have BLAC redeem an amount of the public shares such that the condition for OSR Holdings to consummate the Business Combination that the aggregate cash proceeds to be received by BLAC from the Trust Account in connection with the Business Combination in addition to all other cash and cash equivalents of BLAC equal no less than $5,000,001 (after deducting any amounts to be paid to BLAC’s stockholders that exercise their redemption rights in connection with the Business Combination, plus any other transaction fees, costs and expenses paid or required to be paid by BLAC prior to the Closing) would not be satisfied at Closing (such aggregate proceeds, the “ Minimum Available Cash,” and such conditions to the consummation of the Business Combination, the “ Minimum Available Cash Condition”). As of the date of the filing of the proxy