{"schema_version":"secwatch.filing_event.v1","accession":"0001213900-26-052922","form_type":"8-K/A","ticker":"OSRH","cik":"0001840425","company_name":"OSR Holdings, Inc.","filed_at":"2026-05-06T23:59:59+00:00","discovered_at":"2026-05-14T18:02:33.087474+00:00","generated_at":"2026-05-14T22:54:01.019645+00:00","sec_items":["9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"OSR Holdings files fairness opinion for $815M VXM01 license deal with BCME","bullets":["Fairness opinion values VXM01 standalone risk-adjusted NPV at ~$93.4M median; deal offers up to $815M milestone payments, no upfront.","BCME, OSRH's largest shareholder, is licensee; transaction is related-party; opinion deems terms fair to unaffiliated shareholders.","Equity participation right: OSRH can issue up to $15M common at $10/share (~1,567% premium to $0.60 market) at its discretion.","Royalty pass-through: BCME recovers a preferred return (up to 15% compounded) from downstream royalties before passing 100% to OSRH.","Blockchain-based TAC token mechanism excluded from fairness opinion; may require separate opinion or deletion."],"urls":{"canonical":"https://secwatch.observer/filing/0001213900-26-052922","json":"https://secwatch.observer/filing/0001213900-26-052922.json","markdown":"https://secwatch.observer/filing/0001213900-26-052922.md","text":"https://secwatch.observer/filing/0001213900-26-052922.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1840425/000121390026052922/0001213900-26-052922-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1840425/000121390026052922/ea0289503-8ka1_osr.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-14T22:54:01.019645+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"}