Item 5.02. Departure of Directors or Certain Officers? Election of Directors? Appointment of Certain Officers? Compensatory Arrangements of Certain Officers.

On June 8, 2022, the board of directors (the "Board") of Osiris Acquisition Corp. (the "Company") approved an increase in the size of the Board from seven directors to eight directors, and appointed Asad Hussaini to the Board, effective June 8, 2022. Mr. Hussaini will serve as a Class II director until the Company's second annual meeting of stockholders and until his successor is duly elected and qualified (or his earlier death, resignation or removal).

Since January 2022, Mr. Hussaini has served on the Global Advisory Council for the Wilson Center. He also serves as the Head of Special Products for Peninsula Real Estate where he oversees relationships primarily with acquisition targets, financial institutions and potential investors, since August 2019. Additionally, he has been a Partner at Zafcomm LLC, a commodities trading firm based in the UAE and focuses on trading small cap commodities, since January 2016. He currently serves as an Advisory Board Member for Coast Capital Management and as a Board Member for Quality Standard Construction. Mr. Hussaini received his B.A. from American University in 2014and his graduate degree from Georgetown University in 2016.Mr. Hussaini's executive experience and background in real estate, investments in public equities, venture capital, commodities & hedge funds will make him a valuable addition to the Company's board of directors.

The Board has affirmatively determined that Mr. Hussaini meets the applicable standards for an independent director under the listing rules of the New York Stock Exchange.

In connection with his appointment, Mr. Hussaini entered into an indemnity agreement and a letter agreement with the Company on the same terms as the indemnity agreements and letter agreement entered into by the directors and officers of the Company at the time of the Company's initial public offering.

Other than the foregoing, Mr. Hussaini is not party to any arrangement or understanding with any person pursuant to which he was appointed as director, nor is he party to any transactions required to be disclosed under Item 404(a) of Regulation S-K involving the Company.

© Edgar Online, source Glimpses