other_material
confidence high
sentiment negative
materiality 0.70
OSR Holdings Amends Agreements with White Lion to Require Stockholder Meeting by Sept 19, 2025
OSR Holdings, Inc.
- Amendment to Note Purchase Agreement requires stockholder meeting before Sept 19, 2025 to approve issuances exceeding 19.99% Nasdaq Exchange Cap.
- Failure to convene meeting triggers $400,000 liquidated damages payable immediately in cash to White Lion.
- Amendment to Common Stock Purchase Warrant imposes similar stockholder approval deadline; failure allows White Lion to adjust exercise price to $0.01.
- Both amendments effective June 30, 2025, and signed by CEO Kuk Hyoun Hwang and White Lion managing director Yash Thukral.
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