secwatch.observer — SEC 8-K summary
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Issuer:     OSR Holdings, Inc. (OSRH)
CIK:        0001840425
Form:       8-K
Filed at:   2025-05-12T23:59:59+00:00
Accession:  0001213900-25-042018
Event type: debt
Sentiment:  neutral
Materiality: 0.70
Item codes: 1.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

OSR Holdings enters financing agreements with White Lion Capital for $1.11M convertible notes and $78.9M ELOC
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- Secured $1,110,000 in convertible notes at 5% interest; first $400,000 due after S-1 filing, second $600,000 after effective date.
- Warrants issued for up to $4,000,000 in shares at $1.584 per share, exercisable for 5 years; conversion at 95% of lowest 15-day VWAP.
- ELOC amended to allow OSR to sell up to $78.9M in common stock to White Lion, subject to daily volume and pricing limitations.
- Conversion capped at 4.99% of shares outstanding; 10% of ELOC proceeds allocated to note repayment.
- No material non-public information disclosed; reliance on exemption from registration.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1840425/000121390025042018/0001213900-25-042018-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1840425/000121390025042018/ea0241726-8k_osrhold.htm
  HTML page:      https://secwatch.observer/filing/0001213900-25-042018

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