Form 8-K
8-K — OSR Health, Inc.
Accession: 0001213900-26-113126
Filed: 2026-10-28
Period: 2026-10-23
CIK: 0001840425
SIC: 3841 (SURGICAL & MEDICAL INSTRUMENTS & APPARATUS)
Item: Notice of Delisting or Failure to Satisfy a Continued Listing Rule or Standard; Transfer of Listing
Item: Regulation FD Disclosure
Item: Financial Statements and Exhibits
Documents
8-K — ea0309929-8k_osrhealth.htm (Primary)
EX-99.1 — PRESS RELEASE OF OSR HEALTH, INC., DATED OCTOBER 28, 2026 (ea030992901ex99-1.htm)
XML — IDEA: XBRL DOCUMENT (R1.htm)
8-K — CURRENT REPORT
8-K (Primary)
Filename: ea0309929-8k_osrhealth.htm · Sequence: 1
false
0001840425
0001840425
2026-10-23
2026-10-23
0001840425
OSRH:CommonStockParValue0.0001PerShareMember
2026-10-23
2026-10-23
0001840425
OSRH:RedeemableWarrantsExercisableForSharesOfCommonStockAtExercisePriceOf11.50PerShareMember
2026-10-23
2026-10-23
iso4217:USD
xbrli:shares
iso4217:USD
xbrli:shares
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
Pursuant to Section 13 OR 15(d) of The Securities
Exchange Act of 1934
Date of Report (Date of earliest event reported):
October 23, 2026
OSR HEALTH, INC.
(Exact Name of Registrant as Specified in Charter)
Delaware
001-41390
84-5052822
(State or Other Jurisdiction
(Commission File Number)
(IRS Employer
of Incorporation)
Identification No.)
10900 NE 4th Street, Suite 2300, Bellevue, WA
98004
(Address of Principal Executive Offices)
(Zip Code)
Registrant’s telephone number, including
area code (425) 635-7700
Not Applicable
(Former Name or Former Address, if Changed Since Last Report)
Check the appropriate box below if the Form 8-K filing is
intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e 4(c))
Securities registered pursuant to Section
12(b) of the Act:
Title of each class
Trading Symbol(s)
Name
of each exchange on which registered
Common stock, par value $0.0001 per share
OSRH
The Nasdaq Stock Market LLC
Redeemable warrants, exercisable for shares of common stock at an exercise price of $11.50 per share
OSRHW
The Nasdaq Stock Market LLC
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 3.01. Notice of Delisting or Failure to Satisfy a Continued
Listing Rule or Standard; Transfer of Listing.
As previously disclosed, trading in the common
stock and warrants of OSR Health, Inc. (the “Company”) on The Nasdaq Stock Market LLC (“Nasdaq”) was suspended
effective at the open of trading on August 26, 2026, due to the Company’s non-compliance with the minimum bid price requirement
set forth in Nasdaq Listing Rule 5550(a)(2), and the Company requested a hearing before the Nasdaq Hearings Panel (the “Panel”).
On October 23, 2026, the Company received a written
decision from the Panel denying the Company’s request for continued listing and determining to delist the Company’s securities
from Nasdaq. The Company’s securities continue to be quoted on the over-the-counter market under the symbols “OSRH”
and “OSRHW.” The Company is evaluating its options.
Item 7.01. Regulation FD Disclosure.
On October 28, 2026, the Company issued a press
release providing an update to shareholders following the Panel’s decision. A copy of the press release is furnished as Exhibit
99.1 to this Current Report on Form 8-K.
The information in this Item 7.01, including Exhibit
99.1, is being furnished and shall not be deemed “filed” for purposes of Section 18 of the Securities Exchange Act of 1934,
as amended (the “Exchange Act”), or otherwise subject to the liabilities of that section, nor shall it be deemed incorporated
by reference in any filing under the Securities Act of 1933, as amended, or the Exchange Act, except as expressly set forth by specific
reference in such a filing.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
Exhibit No.
Description
99.1
Press Release of OSR Health, Inc., dated October 28, 2026.
104
Cover Page Interactive Data File (embedded within the Inline XBRL document).
1
SIGNATURE
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: October 28, 2026
OSR HEALTH, INC.
By:
/s/
Kuk Hyoun Hwang
Name:
Kuk Hyoun Hwang
Title:
Chief Executive Officer
2
EX-99.1 — PRESS RELEASE OF OSR HEALTH, INC., DATED OCTOBER 28, 2026
EX-99.1
Filename: ea030992901ex99-1.htm · Sequence: 2
Exhibit 99.1
OSR Health Provides Shareholder Update Following Nasdaq Panel Decision
Company evaluating options to regain compliance; further update
expected by November 6, 2026; $15 million VXM01 funding mechanism remains in place; committed to continuing Shareholder Loyalty Program
BELLEVUE, Wash., October 28, 2026 – OSR Health, Inc. (OTC:
OSRH) (“OSR Health” or the “Company”), a global healthcare holding company, today provided an update to shareholders
following the decision of the Nasdaq Hearings Panel to delist the Company’s securities from The Nasdaq Stock Market.
Nasdaq decision
On October 23, 2026, the Nasdaq Hearings Panel determined to delist
the Company’s securities for non-compliance with Nasdaq’s $1.00 minimum bid price requirement. The Company’s common
stock has been quoted on the over-the-counter market under the symbol “OSRH” since trading on Nasdaq was suspended on August
26, 2026. The Panel’s decision does not affect the Company’s status as an SEC-reporting company.
Throughout the compliance process, the Company chose not to pursue
a reverse stock split. The Company believed that its share price should reflect the progress of its business rather than a change in share
count, and it sought instead to regain compliance through organic value-creating initiatives.
“In our Hub-and-Spoke business structure, the listed status of the Hub matters, and we are evaluating our pathway to regaining our
listing,” said Peter Hwang, Chief Executive Officer of OSR Health. “We remain focused on advancing our pipeline, securing
our funding, and returning to a national exchange on the strength of our business.”
Path back to a national exchange
Returning to a national securities exchange remains a priority. The
Company is evaluating a range of options to regain compliance with applicable listing standards, including strategic and corporate alternatives,
and intends to provide a further update on its plan on or before November 6, 2026.
$15 million VXM01 funding mechanism
The Company’s $15 million equity put option against BCM Europe
AG under the Global Exclusive License Agreement for VXM01 remains in place. As amended on October 15, 2026, it may also be settled through
the issuance of convertible notes for an equal amount of the principal ($15 million) at fixed conversion prices of approximately $2.00
to $5.00 per share.
Shareholder Loyalty CVR Program
Reflecting its commitment to long-term shareholders, the Company intends
to seek to continue its Shareholder Loyalty CVR Program for enrolled holders, including by amending the CVR Agreement so that price thresholds
are measured on the principal market on which its common stock is then listed or quoted. Enrolled holders will be updated as this progresses.
Pipeline development continues
Development continues across the Company’s portfolio, including
VXM01, Vaximm’s oral T-cell immunotherapy, for which Vaximm is currently preparing a publication of its new data analysis on the
completed Phase 2a trial in glioblastoma; Darnatein’s regenerative protein programs, which continue to be the subject of licensing
discussions with a potential licensee; and Woori IO’s noninvasive glucose monitoring technology, with numerous parties from around
the globe having expressed an interest in potential partnerships.
“We thank our shareholders for their patience and resilience
through this process,” said Tim Smith, Head of Investor Relations at OSR Health. “Our current trading venue may have changed,
but our mission has not. We continue to build the business and pursue potential partnerships, we remain fully SEC-reporting, and we look
forward to updating shareholders by November 6 on our plan to regain a national securities exchange listing.”
About OSR Health, Inc.
OSR Health, Inc. (OTC: OSRH) is a global healthcare holding company
dedicated to advancing biomedical innovations in health and wellness. Through its subsidiaries, OSR Health engages in immuno-oncology,
regenerative biologics, and medical device technologies to improve health outcomes worldwide. Learn more at www.OSR-Health.com.
Investor Contact
OSR Health, Inc.
Investor Relations
ir@osr-health.com
Forward-Looking Statements
This press release
contains forward-looking statements, including statements regarding the Company’s evaluation of options to regain compliance with
listing standards and the timing of any further update, its plans to seek to return to a national securities exchange, the availability
of funding under its agreements with BCM Europe AG, the continuation of its Shareholder Loyalty Program, and the development of its product
candidates. These statements involve risks and uncertainties that could cause actual results to differ materially, including the outcome
of any option the Company may pursue, the Company’s ability to satisfy listing standards, the ability of BCM Europe AG or a designated
purchaser to fund its obligations, the Company’s ability to amend the CVR Agreement on acceptable terms, and the other risks described
in the Company’s SEC filings. The Company undertakes no obligation to update these statements except as required by law.
XML — IDEA: XBRL DOCUMENT
XML
Filename: R1.htm · Sequence: 8
v3.26.3
Cover
Oct. 23, 2026
Document Type
8-K
Amendment Flag
false
Document Period End Date
Oct. 23, 2026
Entity File Number
001-41390
Entity Registrant Name
OSR HEALTH, INC.
Entity Central Index Key
0001840425
Entity Tax Identification Number
84-5052822
Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
10900 NE 4th Street
Entity Address, Address Line Two
Suite 2300
Entity Address, City or Town
Bellevue
Entity Address, State or Province
WA
Entity Address, Postal Zip Code
98004
City Area Code
425
Local Phone Number
635-7700
Written Communications
false
Soliciting Material
false
Pre-commencement Tender Offer
false
Pre-commencement Issuer Tender Offer
false
Entity Emerging Growth Company
true
Elected Not To Use the Extended Transition Period
false
Common stock, par value $0.0001 per share
Title of 12(b) Security
Common stock, par value $0.0001 per share
Trading Symbol
OSRH
Security Exchange Name
NASDAQ
Redeemable warrants, exercisable for shares of common stock at an exercise price of $11.50 per share
Title of 12(b) Security
Redeemable warrants, exercisable for shares of common stock at an exercise price of $11.50 per share
Trading Symbol
OSRHW
Security Exchange Name
NASDAQ
X
- Definition
Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.
+ References
No definition available.
+ Details
Name:
dei_AmendmentFlag
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Area code of city
+ References
No definition available.
+ Details
Name:
dei_CityAreaCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.
+ References
No definition available.
+ Details
Name:
dei_DocumentPeriodEndDate
Namespace Prefix:
dei_
Data Type:
xbrli:dateItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.
+ References
No definition available.
+ Details
Name:
dei_DocumentType
Namespace Prefix:
dei_
Data Type:
dei:submissionTypeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 1 such as Attn, Building Name, Street Name
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine1
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Address Line 2 such as Street or Suite number
+ References
No definition available.
+ Details
Name:
dei_EntityAddressAddressLine2
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the City or Town
+ References
No definition available.
+ Details
Name:
dei_EntityAddressCityOrTown
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Code for the postal or zip code
+ References
No definition available.
+ Details
Name:
dei_EntityAddressPostalZipCode
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the state or province.
+ References
No definition available.
+ Details
Name:
dei_EntityAddressStateOrProvince
Namespace Prefix:
dei_
Data Type:
dei:stateOrProvinceItemType
Balance Type:
na
Period Type:
duration
X
- Definition
A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityCentralIndexKey
Namespace Prefix:
dei_
Data Type:
dei:centralIndexKeyItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if registrant meets the emerging growth company criteria.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityEmergingGrowthCompany
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 7A
-Section B
-Subsection 2
+ Details
Name:
dei_EntityExTransitionPeriod
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.
+ References
No definition available.
+ Details
Name:
dei_EntityFileNumber
Namespace Prefix:
dei_
Data Type:
dei:fileNumberItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Two-character EDGAR code representing the state or country of incorporation.
+ References
No definition available.
+ Details
Name:
dei_EntityIncorporationStateCountryCode
Namespace Prefix:
dei_
Data Type:
dei:edgarStateCountryItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityRegistrantName
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b-2
+ Details
Name:
dei_EntityTaxIdentificationNumber
Namespace Prefix:
dei_
Data Type:
dei:employerIdItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Local phone number for entity.
+ References
No definition available.
+ Details
Name:
dei_LocalPhoneNumber
Namespace Prefix:
dei_
Data Type:
xbrli:normalizedStringItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 13e
-Subsection 4c
+ Details
Name:
dei_PreCommencementIssuerTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14d
-Subsection 2b
+ Details
Name:
dei_PreCommencementTenderOffer
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Title of a 12(b) registered security.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection b
+ Details
Name:
dei_Security12bTitle
Namespace Prefix:
dei_
Data Type:
dei:securityTitleItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Name of the Exchange on which a security is registered.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 12
-Subsection d1-1
+ Details
Name:
dei_SecurityExchangeName
Namespace Prefix:
dei_
Data Type:
dei:edgarExchangeCodeItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Exchange Act
-Number 240
-Section 14a
-Subsection 12
+ Details
Name:
dei_SolicitingMaterial
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Trading symbol of an instrument as listed on an exchange.
+ References
No definition available.
+ Details
Name:
dei_TradingSymbol
Namespace Prefix:
dei_
Data Type:
dei:tradingSymbolItemType
Balance Type:
na
Period Type:
duration
X
- Definition
Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.
+ References
Reference 1: http://www.xbrl.org/2003/role/presentationRef
-Publisher SEC
-Name Securities Act
-Number 230
-Section 425
+ Details
Name:
dei_WrittenCommunications
Namespace Prefix:
dei_
Data Type:
xbrli:booleanItemType
Balance Type:
na
Period Type:
duration
X
- Details
Name:
us-gaap_StatementClassOfStockAxis=OSRH_CommonStockParValue0.0001PerShareMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type:
X
- Details
Name:
us-gaap_StatementClassOfStockAxis=OSRH_RedeemableWarrantsExercisableForSharesOfCommonStockAtExercisePriceOf11.50PerShareMember
Namespace Prefix:
Data Type:
na
Balance Type:
Period Type: