Company: OSRH
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001213900-25-109054
Chunk: 76

Company: OSR Holdings, Inc.
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 2
Chunk 76
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 LLC (“BCM”) a monthly fee of $7,500, for office space, utilities and secretarial and administrative
support. We began incurring these fees on March 1, 2023, and they continue following the consummation of our business combination
in February 2025.

Chardan Capital Markets, LLC (“Chardan”)
is entitled to a deferred underwriting commission of $2,070,000, payable as of September 30, 2025. In addition, we incurred deferred legal
fees of approximately $1.25 million that were payable upon consummation of our initial business combination.

The holders of the founder shares, equity participation
shares, placement units, and units that may be issued upon conversion of working capital loans (and in each case holders of their component
securities, as applicable) are entitled to registration rights pursuant to the registration rights agreement. These holders are entitled
to make up to two demands, excluding short form registration demands, that we register such securities for sale under the Securities Act.
In addition, these holders will have “piggyback” registration rights to include their securities in other registration statements
filed by us. We will bear the expenses incurred in connection with the filing of any such registration statements. Chardan may not exercise
its demand and “piggyback” registration rights after five and seven years, respectively, after the date of our prospectus
issued in connection with our IPO and may not exercise its demand rights on more than one occasion.

Critical Accounting Policies and Estimates

The preparation of financial statements and related
disclosures in conformity with accounting principles generally accepted in the United States of America requires management to make estimates
and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date
of the financial statements, and income and expenses during the periods reported. Actual results could materially differ from those estimates.
We have not identified any critical accounting estimates.

Item 3. Quantitative and Qualitative Disclosures About Market
Risk

We are a smaller reporting company as defined
in Rule 12b-2 of the Exchange Act and are not required to provide the information otherwise required under this item.

Item 4. Controls and Procedures

Disclosure controls and procedures
are controls and other procedures designed to ensure that information required to be disclosed in our reports filed or submitted under
the Exchange Act is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms