Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 86

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1
Chunk 86
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, strategic alliances or licensing arrangements with third parties, we may have to relinquish
certain valuable intellectual property or other rights to our product candidates, technologies, future revenue streams or research programs
or grant licenses on terms that may not be favorable to us. We also may be required to seek collaborators for any of our product candidates
at an earlier stage than otherwise would be desirable or relinquish our rights to product candidates or technologies that we otherwise
would seek to develop or commercialize ourselves. Market volatility and unforeseen events, such as the COVID-19 pandemic and the
conflict between Russia and Ukraine or in the Middle East, could also adversely impact our ability to access capital as and when needed.
If we are unable to raise additional capital in sufficient amounts or on terms acceptable to us, we may have to significantly delay, scale
back or discontinue the development or commercialization of one or more of our product candidates or one or more of our other research
and development initiatives. Any of the above events could significantly harm our business, prospects, financial condition and results
of operations and cause the price of our common stock to decline.

We may be unable to obtain additional financing to adequately
capitalize the Company following the Business Combination or to fund the operations and growth of OSR and its subsidiaries, which could
adversely affect the future prospects of the Company.

We do not expect to have substantial proceeds from the Company’s
IPO in which to provide capital to the Company and fund its growth following the Business Combination. In part because the PIPE Investment
was not consummated (a more detailed discussion of this agreement is included in Part II, Item 7, “Management’s Discussion
and Analysis of Financial Condition and Results of Operations – Liquidity and Capital Resources”) we will be required
to seek additional financing to provide such operating capital. We cannot assure you that such financing will be available on acceptable
terms, if at all. We may require such financing to fund the operations or growth of the Company. The failure to secure additional financing
could have a material adverse effect on the continued development or growth of the Company. None of the Company’s Sponsor, officers,
directors or their affiliates is required to provide any financing to us in connection with or after the Business Combination. If they
elect to do so, their additional contributions of capital to the Company may require them to first sell a portion of their founders shares
or other Company common stock holdings in qualified insider transactions, which may impact the market price levels