Company: OTSA
Filing Date: 2025-03-26
Form Type: DRS/A
Source: 0001013762-25-002776
Chunk: 251

Company: OTSAW Ltd
Filing Date: 2025-03-26
Form: DRS/A
Chunk 251
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 for a period of 24 months from the closing of the offering to act as (i) sole book -runner, sole manager, sole placement agent or sole agent in the event we decide to finance or refinance any of our indebtedness and (ii) sole book -runningmanager, sole underwriter or sole placement agent in the event we decided to raise funds by means of a public offering (including an at -the -marketoffering) or a private placement or any other capital raising financing of equity, equity -linkedor debt securities. Indemnification We have agreed to indemnify the underwriter against certain liabilities, including liabilities under the Securities Act and to contribute to payments the underwriter may be required to make in respect thereof. Electronic Offer, Sale and Distribution of Ordinary Shares A prospectus in electronic format may be made available on the websites maintained by one or more underwriters, or selling group members, if any, participating in the offering. The underwriters may agree to allocate a number of Class A Ordinary Shares to the underwriter and selling group members for sale to their online brokerage account holders. Internet distributions will be allocated by the underwriter and selling group members that may make Internet distributions on the same basis as other allocations. Listing We plan to apply to list our Class A Ordinary Shares for trading on the Nasdaq under the symbol “OTSA.” We cannot guarantee that we will be successful in listing on the Nasdaq; however, we will not complete the offering unless we receive a conditional approval letter. Stabilization In connection with this offering, the underwriter may engage in stabilizing transactions, which involves making bids for, purchasing and selling Class A Ordinary Shares in the open market for the purpose of preventing or retarding a decline in the market price of the Class A Ordinary Shares while this offering is in progress. These stabilizing transactions may include making short sales of Class A Ordinary Shares, which involves the sale by the underwriter of a greater number of Class A Ordinary Shares than they are required to purchase in this offering, and purchasing Class A Ordinary Shares on the open market to cover positions created by short sales. Short sales may be “covered” shorts, which are short positions in an amount not greater than the underwriter’s option to purchase additional Class A Ordinary Shares referred to above, or may be “naked” shorts, which are short positions in excess of that amount. The underwriter may close out any covered short position either by exercising the option to purchase additional Class A Ordinary Shares, in whole or in part,