Company: OTSA
Filing Date: 2025-03-26
Form Type: DRS/A
Source: 0001013762-25-002776
Chunk: 63

Company: OTSAW Ltd
Filing Date: 2025-03-26
Form: DRS/A
Chunk 63
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 Prior to the completion of the offering, we were a private company mainly operating our businesses in Singapore. As a result of the offering, our company will become subject to significant regulatory oversight and reporting obligations under the federal securities laws and the scrutiny of securities analysts and investors, and our management currently has no experience in complying with such laws, regulations and obligations. Our management team may not successfully or efficiently manage our transition to becoming a U.S. public company. These new obligations and constituents will require significant attention from our senior management and could divert their attention away from the day -to -daymanagement of our business, which could adversely affect our business, financial condition and results of operations. 33 Developments in the social, political, regulatory and economic environment, including but not limited to natural events, wars, terrorist attacks and other acts of violence, health epidemics and other outbreaks, or security incidents, in the countries where we operate, may have a material and adverse impact on us. Our business, prospects, financial condition and results of operations may be adversely affected by social, political, regulatory and economic developments in countries in which we operate. Such political and economic uncertainties include, but are not limited to, the risks of war, terrorism, health epidemics and other outbreaks, security incidents, nullification of contract, changes in interest rates, imposition of capital controls and methods of taxation. A substantial part of our operations are in Singapore, and negative developments in Singapore’s socio -politicalenvironment may adversely affect our business, financial condition, results of operations and prospects. Although the overall economic environment in Singapore and other countries where we operate appears to be positive, there can be no assurance that this will continue to prevail in the future. Furthermore, natural disaster events (such as typhoons, floods and earthquakes), terrorist attacks and other acts of violence or war may also adversely disrupt our operations, leading to economic weakness in the countries in which they occur and affect worldwide financial markets, and could potentially lead to economic recession, which could have an adverse effect on our business, financial condition and results of operations. These events could adversely affect our customers’ level of business activity and precipitate sudden significant changes in regional and global economic conditions and cycles. These events also pose significant risks to our people and to our business operations around the world. Our facilities or those of any third -partysuppliers could also be adversely affected by events outside of our or their control, such as natural disasters, wars, health epidemics and other calamities. Our technology systems and facilities may be damaged