Company: OSRH
Filing Date: 2025-04-22
Form Type: 10-K
Source: 0001213900-25-034116
Chunk: 807

Company: OSR Holdings, Inc.
Filing Date: 2025-04-22
Form: 10-K
Item: Item 2
Chunk 807
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 public shares.  

In connection with the vote to approve the Extension Amendment Proposal
at the November 9, 2023 Special Meeting of Shareholders, the holders of 3,432,046 shares of Company common stock exercised their right
to redeem their shares for cash at a redemption price of approximately $10.49 per share, for an aggregate redemption amount of approximately
$35,955,728.

In connection with the votes to approve the Extension Amendment Proposal
at the May 14, 2024 Special Meeting of Shareholders, 1,581,733 shares of common stock of the Company were tendered for redemption at a
redemption price of approximately $10.78 per share, for an aggregate redemption amount of approximately $17,045,763.

In connection with the votes to approve the Extension Amendment and
NTA Requirement Amendment Proposals at the November 12, 2024 Annual Meeting of Shareholders, 1,721,469 shares of common stock of the Company
were tendered for redemption. at a redemption price of approximately $11.15 per share, for an aggregate redemption amount of approximately
$19,186,265.

In connection with the vote to approve various proposals at the February
13, 2025 Special Meeting of Shareholders, 57,821 shares of common stock of the Company were tendered for redemption at a redemption price
of approximately $11.02 per share, for an aggregate redemption amount of approximately $636,922. The remaining balance in the trust account
was approximately $1,181,085.

82

Purchases of Equity Securities by the Issuer and Affiliated Purchasers

None.

Item 6.[Reserved]

Item 7.Management’s Discussion and Analysis of
Financial Condition and Results of Operations

The following discussion and analysis of our financial condition
and results of operations should be read in conjunction with our audited financial statements and the notes related thereto contained
elsewhere in this report. Certain information contained in the discussion and analysis set forth below includes forward-looking statements
that involve risks and uncertainties. Our actual results may differ materially from those anticipated in these forward-looking statements
as a result of many factors, including those set forth under “Cautionary Note Regarding Forward-Looking Statements,” “Item
1A. Risk Factors” and elsewhere in this report.

Overview 

Prior to our initial Business Combination on February 14, 2025 we were
a blank check company incorporated as a Delaware corporation and formed for the purpose