Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 47

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 47
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 and income taxes payable), calculated as of two business days prior to the consummation of the Business Combination. If you are a holder of public shares and you exercise your redemption rights, such exercise will not result in the loss of any public warrants and public rights that you may hold. 13 Q:If I am a holder of units, can I exercise redemption rights with respect to my units? A:No. Holders of issued and outstanding units must elect to separate the units into the underlying public shares, public warrants and public rights prior to exercising redemption rights with respect to the public shares. If you hold your units in an account at a brokerage firm or bank, you must notify your broker or bank that you elect to separate the units into the underlying public shares, public warrants and public rights, or if you hold units registered in your own name, you must contact Continental, BLAC’s transfer agent, directly and instruct them to do so. The redemption rights include the requirement that a holder must identify itself in writing as a beneficial holder and provide its legal name, phone number and address to Continental in order to validly redeem its shares. You are requested to cause your public shares to be separated and delivered by 5:00 p.m., Eastern Time, on February 11, 2025 (two business days before the BLAC Stockholders’ Meeting) in order to exercise your redemption rights with respect to your public shares. Q:What are the U.S. federal income tax consequences of exercising my redemption rights? A:It is expected that a U.S. Holder (as defined in “ Material U.S. Federal Income Tax Consequences”) that exercises its redemption rights to receive cash from the Trust Account in exchange for public shares will generally be treated as selling such public shares resulting in the recognition of capital gain or capital loss. There may be certain circumstances, however, in which the redemption may be treated as a distribution for U.S. federal income tax purposes depending on the amount of BLAC Common Stock that such U.S. Holder owns or is deemed to own. For a more complete discussion of the material U.S. federal income tax considerations for holders of public shares with respect to the exercise of redemption rights, see “ Material U.S. Federal Income Tax Consequences — U.S. Holders — U.S. Federal Income Tax Consequences to U.S Holders of BLAC Common Stock Exercising Redemption Rights.” All holders considering exercising redemption rights are urged to consult their tax advisor on the tax consequences to them of an exercise of