secwatch / observer
8-K filed February 13, 2024, 6:59 PM ET ticker OSRH CIK 0001840425
debt confidence high sentiment neutral materiality 0.40

OSR Holdings, Inc. (OSRH): debt financing — Bellevue Life Sciences extends business combination deadline to May 14; issues $75K promissory note to director

OSR Holdings, Inc.

Key facts

Extracted from this filing and checked against the source text.

Debt Financings SEC 8-K Item 2.03/2.04 confidence 1.0

OSR Holdings, Inc. incurred loan of $75,000 with Jun Chul Whang at not interest bearing maturing the earlier of: (i) August 9, 2024 or (ii) the date on which the Company consummates an initial business combination.

Instrument
loan
Principal
$75,000
Counterparty
Jun Chul Whang
Rate
not interest bearing
Maturity
the earlier of: (i) August 9, 2024 or (ii) the date on which the Company consummates an initial business combination
Event
incurrence
Exact text from the filing
On February 9, 2024, Bellevue Life Sciences Acquisition Corp. (the “ Company ”) issued an unsecured promissory note (the “ Promissory Note ”) in the principal amount of $75,000 to Jun Chul Whang, a member of the Company’s Board of Directors (the “ Board ”).
View on SEC.gov
Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.95

OSR Holdings, Inc.: Stockholders approved a proposal to allow the Board to amend the Certificate of Incorporation to extend the deadline for consummating a business combination from February 14, 2024 to May 14, 2024 (effective 2024-02-09).

Change
charter amendment
Effective
2024-02-09
Exact text from the filing
At the special meeting of the Company’s stockholders held on November 9, 2023, the stockholders approved a proposal to give the Board the authority, in its discretion, to amend the Company’s Certificate of Incorporation (the “ Charter ”) to extend the date by which the Company must consummate a business combination from the February 14, 2024 to May 14, 2024. The Board authorized and approved a Certificate of Amendment to the Company’s Charter (the “ Charter Amendment ”) and the Charter Amendment was filed with the Delaware Secretary of State and has an effective date of February 9, 2024.
View on SEC.gov

299 debt financings filed in the last 30 days. Browse all debt financings →

OSR Holdings, Inc. filing history →

Source: SEC EDGAR
accession 0000898432-24-000125
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