Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 69

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 1
Chunk 69
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 non-affiliates is
less than $700,000,000 measured on the last business day of its second fiscal quarter. To the extent the Company takes advantage
of such reduced disclosure obligations, it may also make comparison of its financial statements with other public companies difficult
or impossible.

The Company may redeem unexpired public warrants after they become
exercisable and prior to their exercise at a time that is disadvantageous to the holders, thereby making your public warrants worthless.

The Company has the ability to redeem outstanding public warrants at
any time after they become exercisable and prior to their expiration, at a price of $0.01 per warrant, provided that the last reported
sales price of the Company Common Stock equals or exceeds $16.50 per share for any 20 trading days within a 30-trading day period
ending on the third trading day prior to the date the Company give notice of redemption. The Company will not redeem the warrants
as described above unless a registration statement under the Securities Act covering the shares of the common stock issuable upon exercise
of such warrants is effective and a current prospectus relating to shares of the common stock is available throughout the 30-day redemption
period. If and when the public warrants become redeemable by the Company, it may exercise its redemption right even if it is unable to
register or qualify the underlying securities for sale under all applicable state securities laws. Redemption of the outstanding public
warrants could force the holders (i) to exercise their public warrants and pay the exercise price therefor at a time when it may
be disadvantageous for them to do so, (ii) to sell their public warrants at then-current market price when you might otherwise
wish to hold your public warrants or (iii) to accept the nominal redemption price which, at the time the outstanding public warrants
are called for redemption, is likely to be substantially less than the market value of their public warrants. The value received upon
exercise of the public warrants (1) may be less than the value the holders would have received if they had exercised their public
warrants at a later time where the underlying share price is higher and (2) may not compensate the holders for the value of the public
warrants. The fair value of 6,900,000 public warrants as of April 11, 2025 is $243,922.

The private placement warrants are identical to the public warrants,
except that the