secwatch.observer — SEC 8-K summary
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Issuer:     OSR Holdings, Inc. (OSRH)
CIK:        0001840425
Form:       8-K
Filed at:   2024-10-10T23:59:59+00:00
Accession:  0001193125-24-235955
Event type: other_material
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 3.02, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Bellevue Life Sciences enters $20M PIPE with Toonon Partners for Series A Preferred Stock
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- Agreed to issue 222,222 Series A Preferred shares at $90/share to Toonon Partners for $20M total.
- Proceeds to fund working capital after closing of business combination with OSR Holdings.
- Series A Preferred carries 5% annual dividend, convertible into common at $9.00/share.
- Company has redemption option after 1 year at 7% accrued; holders after 3 years.
- PIPE closing conditioned on business combination completion and filing of Certificate of Designations.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840425/000119312524235955/0001193125-24-235955-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840425/000119312524235955/d881808d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-24-235955

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