Company: OSRH
Filing Date: 2025-01-29
Form Type: S-4/A
Source: 0001213900-25-007923
Chunk: 79

Company: OSR Holdings, Inc.
Filing Date: 2025-01-29
Form: S-4/A
Chunk 79
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 and Business Combination Agreement — The Sponsor and its affiliates may enter into agreements concerning BLAC’s securities prior to the special meeting, which may have the effect of increasing the likelihood of completion of the Business Combination or decreasing the value of BLAC Common Stock.” The BLAC Board’s Reasons for the Approval of the Business Combination After careful consideration, the BLAC Board, with the recommendation of the BLAC M&A Committee, recommends that BLAC’s stockholders vote “FOR” each proposal being submitted to a vote of the BLAC stockholders at the BLAC Stockholders’ Meeting. For a description of the BLAC M&A Committee’s reasons for the approval of the Business Combination and the recommendation of the BLAC Board, see the section entitled “The Business Combination — The BLAC M&A Committee’s Reasons for the Approval of the Business Combination.” Ownership of BLAC As of the date of this proxy statement/prospectus, there are 2,319,752 shares of BLAC Common Stock issued and outstanding, which includes an aggregate of 2,155,000 shares of BLAC Common Stock held by the Sponsor, current and former directors of BLAC, the Chief Financial Officer of BLAC, and their respective affiliates (including 34,500shares of BLAC Common Stock held in escrow pending the closing of the business combination by Chardan Capital Markets, LLC). In addition, as of the date of this proxy statement/prospectus, there is outstanding an aggregate of 7,330,000 BLAC Warrants, comprised of 430,000 private placement warrants held by the Sponsor, BLAC’s Chief Financial Officer, and two of BLAC’s former directors, and 6,900,000 public warrants, and 7,330,000 BLAC Rights, comprised of 430,000 private placement rights held by the Sponsor and 6,900,000 public rights, to acquire shares of BLAC Common Stock. Each whole warrant entitles the holder thereof to purchase one share of BLAC Common Stock. Each whole right entitles the holder thereof to receive one -tenthof one share of BLAC Common Stock. Therefore, as of the date of this proxy statement/prospectus (without giving effect to the Business Combination and assuming that none of BLAC’s outstanding public shares are redeemed in connection with the Business Combination), BLAC’s fully diluted share capital, giving effect to the exercise of all of the private placement warrants, public warrants, private placement rights and public rights, would be 10,382,