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OSR Holdings Provides Transparency Update on Equity Financing Instruments
Prnewswireยท2025-07-31 16:45

Core Insights - OSR Holdings, Inc. provided a transparency update regarding its Equity Line of Credit (ELOC) agreement with White Lion GBM Innovation Fund, emphasizing that future issuances are not purely dilutive and will support business development [1][3]. Financing and Share Issuance - The company has issued a total of 2,308,382 shares under structured financing, with less than 10% of registered shares utilized under the ELOC agreement [7]. - The registered share capacity under the ELOC agreement is 9,500,000, with 767,500 shares issued since June 17, 2025 [7]. Business Development and Partnerships - Proceeds from financing are being invested in drug R&D, medical device initiatives, and digital asset ecosystems, with a focus on protecting shareholder value [3]. - The Woori IO clinical trial in Korea is being conducted in partnership with a major technology company in mobile and wearable devices, with further details expected after the Stock Purchase Agreement is signed [4]. Company Overview - OSR Holdings, Inc. is dedicated to advancing biomedical innovation in health and wellness, focusing on immuno-oncology, regenerative biologics, and medical device distribution [5]. - The company aims to improve patient care through cutting-edge research and development [5]. Strategic Initiatives - The company is pursuing a "Plug-and-Play" bacterial vector platform for cancer immunotherapy and a Disease-Modifying Osteoarthritis Drug (DMOAD) candidate [8]. - A strategic move is underway to acquire noninvasive glucose monitoring technology through a signed term sheet with Woori IO [8].