---
schema_version: "secwatch.filing_event.v1"
accession: "0001193125-24-283685"
form_type: "8-K"
ticker: "OSRH"
cik: "0001840425"
company_name: "OSR Holdings, Inc."
filed_at: "2024-12-23T23:59:59+00:00"
generated_at: "2026-05-28T23:47:46.523925+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.6
calibrated_materiality_score: 0.6
confidence: "high"
source: SEC EDGAR
---

# BLAC amends PIPE to remove redemption features; modifies OSR deal put/call terms

## Summary
- PIPE amendment removes redemption features from 222,222 Series A Preferred shares (Toonon, $20M at $90/share).
- Business combination amendment adds termination date (120 days after Trigger Date) for Non-Participating Stockholder put/call rights.
- Trigger Date is Jan 1, 2026 or upon Change in Control notification; BLAC must provide 20 business days' notice.
- CEO Kuk Hyoun Hwang is also OSR Chairman; M&A Committee of independent directors approved both amendments.
- S-4 registration statement remains pending; definitive proxy statement to be mailed to BLAC stockholders.

## SEC filing metadata
- accession: 0001193125-24-283685
- form_type: 8-K
- ticker: OSRH
- cik: 0001840425
- company_name: OSR Holdings, Inc.
- filed_at: 2024-12-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.6
- calibrated_materiality_score: 0.6
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1840425/000119312524283685/0001193125-24-283685-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1840425/000119312524283685/d893536d8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001193125-24-283685
- JSON: https://secwatch.observer/filing/0001193125-24-283685.json
- Plain text: https://secwatch.observer/filing/0001193125-24-283685.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.