Stockholders approve extension of Bellevue Life Sciences SPAC deadline to Feb 2025; 44% of shares redeemed

OSR Holdings, Inc.

Charter amended to extend business combination deadline from Nov 14, 2024 to Feb 14, 2025.
Charter amended to remove net tangible asset requirement to avoid penny stock rules.
1,766,469 shares (approx. 44% of outstanding) tendered for redemption.
Five existing directors re-elected at annual meeting.
Quorum was 71.24% of outstanding shares; proposals approved overwhelmingly.

Key facts

Extracted from this filing and checked against the source text.

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

OSR Holdings, Inc.: Amended charter to extend business combination deadline from November 14, 2024 to February 14, 2025 (effective 2024-11-12).

Change: charter amendment
Effective: 2024-11-12

Exact text from the filing

The Certificate of Amendment to the Charter (the “ Charter Amendment ”) was filed with the Delaware Secretary of State and has an effective date of November 12, 2024.

View on SEC.gov

Governance Changes SEC 8-K Item 5.03/5.05/5.06 confidence 0.9

OSR Holdings, Inc.: Amended charter to remove the net tangible asset requirement (effective 2024-11-12).

Change: charter amendment
Effective: 2024-11-12

Exact text from the filing

The stockholders also approved a proposal to amend the Charter to remove the net tangible asset requirement in order to expand the methods that the Company may employ so as not to become subject to the “penny stock” rules of the U.S. Securities and Exchange Commission

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13 governance changes filed in the last 30 days. Browse all governance changes →

OSR Holdings, Inc. filing history →

Source: SEC EDGAR

accession 0001193125-24-256062

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