{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-039691","form_type":"8-K/A","ticker":"OSRH","cik":"0001840425","company_name":"OSR Holdings, Inc.","filed_at":"2026-04-03T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.087101+00:00","generated_at":"2026-05-15T07:39:40.814041+00:00","sec_items":["9.01"],"event_type":"other_material","sentiment":"positive","materiality_score":0.9,"calibrated_materiality_score":0.9,"confidence":"high","headline":"OSR Holdings (OSRH) Enters Binding Term Sheet for VXM01 License with BCM Europe; $815M Milestones, $30M Facility","bullets":["The binding term sheet grants BCM Europe exclusive worldwide rights to VXM01, with OSR Holdings providing up to $30M development financing to Vaximm AG.","BCM Europe Fund will pay up to $815M in milestone payments directly to OSR Holdings upon clinical and regulatory achievements.","OSR Holdings retains an equity option to issue up to $15M of common stock at $10/share (premium to market) to BCME Fund.","Royalties from an ultimate licensee will pass through to OSR Holdings after recovery of a negative milestone delta and minimum preferred return.","The transaction is a related-party deal requiring an independent fairness opinion; the term sheet supersedes a prior January 2026 term sheet."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-039691","json":"https://secwatch.observer/filing/0001213900-26-039691.json","markdown":"https://secwatch.observer/filing/0001213900-26-039691.md","text":"https://secwatch.observer/filing/0001213900-26-039691.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840425/000121390026039691/0001213900-26-039691-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840425/000121390026039691/ea0285057-8ka1_osr.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud","generated_at":"2026-05-15T07:39:40.814041+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}