Company: OTSA
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061733
Chunk: 308

Company: OTSAW Ltd
Filing Date: 2025-07-07
Form: F-1/A
Chunk 308
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 The holders of the Class A Ordinary Shares are entitled to receive dividends as declared from time to time. In May 2023, the Company did a share split (the “2023 Share Split”), the sole issued and outstanding ordinary share in the Company of par value US$1.00 was subdivided into 10,000 ordinary shares (4,545 if considering 2025 Reverse Share Split) of par value US$0.0001 per share (US$0.00022 if considering 2025 Reverse Share Split); and the Company redesignation the sole and outstanding ordinary share in the Company to 10,000 ordinary shares (4,545 if considering 2025 Reverse Share Split) of par value US$0.0001 per share (US$0.00022 if considering 2025 Reverse Share Split) following the 2023 Share Split (the Initial Shares) be re -designatedas 10,000 Class A Ordinary Shares (the redesignation) (4,545 if considering 2025 Reverse Share Split); and Authorised share capital of the Company was increased from US$1.00, divided into 10,000 Class A Ordinary Shares of par value US$0.0001 per share, to US$50,000, divided into 499,999,999 Class A Ordinary Shares of par value US$0.0001 per share and 1 Class B Ordinary Share of par value US$0.0001 by the creation of: (1)499,989,999 new Class A Ordinary Shares of par value US$0.0001 per share, each having the rights set forth in the Amended and Restated M&A and ranking pari passu for all purposes and identical in all respects with the existing Class A Ordinary Shares of par value US$0.0001 per share in the capital of the Company; and

F-28 OTSAW LIMITED AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024 15.Share capital (cont.) (2)1 new Class B Ordinary Share of par value US$0.0001 per share, having the rights set forth in the Amended and Restated M&A. In May 2023, the Company issued 42,836,364 Class A Ordinary Shares (94,240,000 prior to the 2025 Reverse Share Split) to the shareholders of Otsaw