Company: OTSA
Filing Date: 2025-06-09
Form Type: F-1
Source: 0001213900-25-052720
Chunk: 62

Company: OTSAW Ltd
Filing Date: 2025-06-09
Form: F-1
Chunk 62
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, prospects, financial condition and operating results. Entering into strategic alliances, such as our joint venture with Swisslog Healthcare, exposes us to risks. We have entered into, and may in the future enter into additional, strategic alliances, including joint ventures, collaborations, in -licensearrangements or minority equity investments with various third parties to further our business. For example, since December 2021, we joined forces with Swisslog Healthcare to form the Otsaw -SwisslogJV. Swisslog Healthcare, headquartered in Switzerland, is a global leader in hospital automated intralogistics solutions. We believe our joint venture with Swisslog Healthcare gives us, through our ownership interest in the Otsaw -SwisslogJV, an opportunity to benefit from Swisslog’s TransCar AGV product development expertise, synergies to market our products (such as O -R 3, UV -CDisinfection system, and Camello +) and longstanding relationships with many of our target customers in the healthcare industry. With Swisslog Healthcare’s global footprint, we believe we have an opportunity through the Otsaw -SwisslogJV to significantly and efficiently expand into the European and Asian healthcare and hospital markets. While offering potential benefits, these strategic alliances, partnership, joint ventures could subject us to a number of risks. There is no guarantee that any of these partnerships, joint ventures, or strategic alliances would lead to any long term agreements or lasting or successful business relationships with third parties or that any of the other anticipated benefits will be achieved. If any of these relationships are established, they may subject us to a number of risks, including risks associated with sharing proprietary information, non -performanceby our partners or other third -partiesand increased expenses in establishing new relationships, any of which could materially and adversely affect our business. We may have limited ability to monitor or control the actions of our partners or other third parties and, to the extent any of these strategic partners suffers negative publicity or harm to their reputation from events relating to their business, we may also suffer negative publicity or harm to our reputation by virtue of our association with any such third -party. For example, as part of the arrangement of the Otsaw -SwisslogJV, we rely on Reis Robotics, a third party manufacturer, as our single source supplier for the production and manufacturing of the TransCar AGVs, as well as Swisslog Healthcare Italy S.P.A. SU as our agent to handle our service and maintenance obligations to our customers in Italy. These operations are