Company: OTSA
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061733
Chunk: 349

Company: OTSAW Ltd
Filing Date: 2025-07-07
Form: F-1/A
Chunk 349
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.0 is designed as a seamless drop -inreplacement for the previous TransCar, originally developed and deployed by Swisslog Healthcare. This allows Otsaw to deploy our AMR into hospitals without requiring any infrastructure changes, ensuring a low entry barrier for adoption. We believe we have been able to leverage Swisslog Healthcare’s product development expertise and existing sales/service footprint through the Otsaw -SwisslogJV. The Otsaw -SwisslogJV accelerated Otsaw’s penetration into the global healthcare market while minimizing execution risk and optimizing capital allocation. Through the joint venture, Otsaw has benefitted from Swisslog Healthcare’s longstanding relationships and goodwill with many of our target customers in healthcare globally, providing Otsaw with an immediate customer base, market access and entry channels to the healthcare market in Europe and APAC. This has enabled us to cross sell our AMR platforms (the O -R 3and Camello+) and UV -CLED disinfection solutions (TReX, AirGuard, and O -RX), in synergy with the TransCar system, utilizing Swisslog Healthcare’s global marketing channels. Ultimately, we expect the Otsaw -SwisslogJV to continue delivering efficient, cost -effectiveand reliable AI -enabledfacilities management solutions for hospitals and the healthcare industry, covering hospital intralogistics, security, housekeeping and disinfection. Key Arrangement of the Otsaw-Swisslog JV The Otsaw -SwisslogJV was owned 40% by Swisslog Healthcare and 60% by Otsaw Technology Solutions Pte Ltd. when the JV was set up. The shareholding by Otsaw Technology Solutions Pte Ltd was subsequently increased to 73.33% on January 12, 2023, 86.66% on November 16, 2023, 93.3% on January 11, 2024, and 100% on January 20, 2025. The respective rights of Swisslog Healthcare and Otsaw Technology Solutions Pte Ltd in respect of the Otsaw -SwisslogJV are set forth in the: 1) shareholders agreement dated November 30, 2021 (as amended on November 30, 2023) entered into between (i) Otsaw Technology Solutions Pte Ltd; (ii) Swisslog Healthcare; and (iii) Otsaw -SwisslogJV F-69 OTSAW LIMITED AND ITS SUBSIDIARIES
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