Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 128

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 128
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 launching drone and missile attacks on Israel, alongside threats of further escalation. Iran is also believed to have significant influence over groups such as Hamas in Gaza, Hezbollah in Lebanon, the Houthi movement in Yemen, and various militia groups in Syria and Iraq. On February 24, 2022, Russia invaded Ukraine, triggering hostilities that have had severe regional and global repercussions. In response, many countries imposed broad -rangingeconomic sanctions on Russia, further escalating geopolitical tensions. The full extent and duration of these military actions, associated sanctions, and potential market disruptions — including stock market volatility, global supply chain disruptions, and worsening global inflation — remain uncertain but could be significant. Such disruptions, along with responses like purchasing and financing restrictions, boycotts, changes in consumer preferences, sanctions, tariffs, or cyberattacks, may substantially impact the global economy and business operations. As of the date of this prospectus, (i) we principally operate in Singapore and do not have business presence in Russia, Ukraine and the Middle -East; (ii) our industry has been less dependent on oil, natural resources or supply chain which have been disrupted by these military actions; however, (iii) we have experienced increased costs for components and logistics, along with extended product delivery times for some customers due to global supply 75

chain challenges. In general, we have experienced no significant financial or operational impact due to these disruptions arising from, related to, or caused by the global disruption from Russia’s invasion of Ukraine and the tensions in the Middle -East. Key Components of Results of Operations Revenues Our revenues consist of (i) providing service and maintenance; (ii) sales of robots and (iii) robot as a service (leasing of robots). The following table sets forth the breakdown of our total revenues, both in absolute amount and as a percentage of our total revenues for the years ended April 30, 2024 and 2023:

|                             |     | For the Years Ended April 30, |     |            |     |           |     |            |
|                             |     |                          2024 |     |            |     |      2023 |     |            |
|                             |     |                           US$ |     | % of total 
   revenues |     |       US$ |     | % of total 
   revenues |
| Revenues                    |     |                               |     |            |     |           |     |            |
| Service and maintenance     |     |                     4,195,079 |     |