Company: OTSA
Filing Date: 2025-06-09
Form Type: F-1
Source: 0001213900-25-052720
Chunk: 66

Company: OTSAW Ltd
Filing Date: 2025-06-09
Form: F-1
Chunk 66
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 the loss or corruption of data or the malfunction of software or hardware, as well as impede our ability to provide and delivery our services and products to our customers, which may have a negative impact on our reputation and may cause us to incur substantial additional expenses to repair or replace damaged equipment or facilities. Furthermore, we could be impacted by physical security incidents at our facilities, which could result in significant damage to such facilities that could require us delay or discontinue production of our product. We may incur significant expenses or delays relating to such events outside of our control, which could have a material adverse impact on our business, results of operations and financial condition. While we maintain property insurance policies covering our equipment and facilities in accordance with customary industry practice, our insurance coverage may not be sufficient to compensate for the costs of repairing the damage caused by such disruptive events and such events may not be covered under our policies. With respect to losses which are covered by our policies and subject to deductibles, exclusions, and/or limitations, it may be difficult and time -consumingto recover such losses from insurers. In addition, we may not be able to recover the full amount of losses incurred from the insurers. Global economic conditions could materially adversely impact demand for our products and services. Our operations and performance depend significantly on economic conditions. Adverse changes in the economy could negatively impact our business. Global economic conditions continue to be subject to volatility arising from international geopolitical developments (such as the ongoing Israel -Palestineconflict and Russia -Ukrainewar), global economic phenomenon (including rising inflation rates), general financial market turbulence and natural phenomena (such as the COVID -19pandemic). Future economic distress and adverse global economic conditions may result in a decrease in demand for our products, which could have a material adverse impact on our operating results and financial condition. Our customers may postpone purchases of our products and services in response to tighter credit, unemployment, negative financial news and/or declines in income or asset values and other macroeconomic factors, which could have a material negative effect on demand for our products and services. Our suppliers may be unable to produce components for our products in the same quantity or on the same timeline or being unable to deliver such parts and components as 34 quickly as before or subject to price fluctuations, which could have a material adverse effect on our production or the cost of such production; and accordingly, on our business, results of operations or financial condition. Uncertainty and adverse changes in the economy could also increase costs associated with developing and producing products,