Company: OSRH
Filing Date: 2025-01-31
Form Type: 424B3
Source: 0001213900-25-008874
Chunk: 500

Company: OSR Holdings, Inc.
Filing Date: 2025-01-31
Form: 424B3
Chunk 500
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 to continue as a going concern. Management intends to complete a business combination. Off-Balance Sheet Arrangements BLAC has no obligations, assets or liabilities which would be considered off -balancesheet arrangements as of September 30, 2024. BLAC does not participate in transactions that create relationships with unconsolidated entities or financial partnerships, often referred to as variable interest entities, which would have been established for the purpose of facilitating off -balancesheet arrangements. BLAC has not entered into any off -balancesheet financing arrangements, established any special purpose entities, guaranteed any debt or commitments of other entities, or purchased any non -financialassets. Contractual Obligations BLAC does not have any long -termdebt, capital lease obligations, operating lease obligations, purchase obligations or long -termliabilities, other than an agreement to pay an affiliate of BLAC’s Sponsor a monthly fee of $7,500, for office space, utilities and secretarial and administrative support. BLAC began incurring these fees on March 1, 2023 and will continue to incur these fees monthly until the earlier of the completion of BLAC’s initial business combination or liquidation. Chardan is entitled to a deferred underwriting commission of $2,070,000. The deferred fee will be waived by Chardan in the event that BLAC does not complete an initial business combination, subject to the terms of the underwriting agreement. Also, BLAC has incurred deferred legal fees payable upon consummation of our initial business combination of approximately $1,068,261 as of September 30, 2024. These fees will only become due and payable upon the consummation of a business combination. The holders of the founder shares, equity participation shares, Private 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 BLAC register such securities for sale under the Securities Act. In addition, these holders will have “piggyback” registration rights to include their 316 securities in other registration statements filed by BLAC. BLAC 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 BLAC’s prospectus issued in