Company: OSRH
Filing Date: 2025-01-24
Form Type: S-4/A
Source: 0001213900-25-006139
Chunk: 230

Company: OSR Holdings, Inc.
Filing Date: 2025-01-24
Form: S-4/A
Chunk 230
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 payment of $87,000 to the Sponsor for Due to affiliate due upon the Closing. 10)Reflects the payment of $88,000 to the Note payable — related party due upon the Closing.

134 11)Reflects the short -termconvertible promissory note with the principal amount of $800,000 issued on October 16, 2024. 12)Reflects the conversion of the short -termconvertible promissory note with the principal amount of $800,000 issued on October 16, 2024 upon the Closing. 13)Reflects $19.2 million withdrawal of funds from the trust account to fund the redemption on November 21, 2024 of 1,721,469shares of BLAC Common Stock at approximately $11.15 per share. The additional pro forma adjustments assuming 50% and 100% Redemptions: 14)Reflects $918,104 withdrawal of funds from the trust account to fund the redemption of 82,376shares of BLAC Common Stock at approximately $11.15 per share. 15)Reflects $918,104 withdrawal of funds from the trust account to fund the redemption of 82,376shares of BLAC Common Stock at approximately $11.15 per share. Pro forma adjustments for noncontrolling interest: 16)Immediately following the Closing, up to 40% of the OSR Holdings Common Stockholders that do not elect to exchange the shares they hold to BLAC Common Stock in the Business Combination will represent the noncontrolling interest. Net assets attributable to the noncontrolling interest will be $64.4 million, 40% of net assets of OSR Holdings, assuming the noncontrolling interest owns 40% of OSR Holdings upon the Closing. a)Immediately following the Closing, up to 40% of the OSR Holdings Common Stockholders that do not elect to exchange the shares they hold to BLAC Common Stock in the Business Combination will represent the noncontrolling interest. Net loss attributable to the noncontrolling interest will be $3.6 million, 40% of net loss of OSR Holdings, assuming the noncontrolling interest owns 40% of OSR Holdings upon the Closing. b)Immediately following the Closing, up to 40% of the OSR Holdings Common Stockholders that do not elect to exchange the shares they hold to BLAC Common Stock in the Business Combination will represent the noncontrolling interest. Comprehensive loss attributable to