other material
confidence high
sentiment neutral
materiality 0.70
OSR Holdings enters $80M equity purchase agreement with White Lion Capital
OSR Holdings, Inc.
- Company may require White Lion to purchase up to $80M of common stock via Rapid or VWAP purchase notices.
- Each purchase notice capped at $2M; pricing based on lowest three traded prices (Rapid) or 97% of lowest daily VWAP (VWAP).
- Commitment shares worth $800K to be issued to White Lion as consideration for the commitment.
- Resale registration statement must be filed within 30 days after closing of the Business Combination.
- Agreement terminates December 31, 2026 or upon bankruptcy; provides flexible capital access but dilutive.