Company: OTSA
Filing Date: 2025-05-23
Form Type: DRS/A
Source: 0001213900-25-047247
Chunk: 234

Company: OTSAW Ltd
Filing Date: 2025-05-23
Form: DRS/A
Chunk 234
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 any such class may, subject to any rights or restrictions for the time being attached to any class, only be varied with the consent in writing of the holders of at least three quarters of the issued shares of that class or with the sanction of a special resolution passed at a separate meeting of the shareholders of the shares of that class. To every such separate meeting all the provisions of our articles relating to general meetings of the Company or its the proceedings will, mutatis mutandis, apply, except that the necessary quorum shall be the presence in person or by proxy of two or more shareholders holding shares of the relevant class that represent not less than three -fifthsof the voting rights of the outstanding issued shares of the relevant class carrying the right to vote at such meeting (and provided that, where there is only one holder of the shares of the relevant class, the presence in person or by proxy of the sole holder will constitute the quorum for the meeting of the holders of that class of shares), provided that if at any adjourned meeting of such holders a quorum as above defined is not present, those holders of shares of the relevant class who are present will form a quorum. Changes in Capital We may from time to time by an ordinary resolution of our shareholders: •increase our share capital by new shares of such amount as considered expedient; •consolidate and divide all or any of our share capital into shares of larger amount than our existing shares of shares; •subdivide our existing shares, or any of them, into shares of a smaller amount provided that in the subdivision the proportion between the amount paid and the amount, if any, unpaid on each reduced share shall be the same as it was in case of the share from which the reduced share is derived; and •cancel any shares that, at the date of the passing of the resolution, have not been taken or agreed to be taken by any person and diminish the amount of our share capital by the amount of the shares so cancelled. Our shareholders may by special resolution, subject to confirmation by the Grand Court of the Cayman Islands on an application by us for an order confirming such reduction, reduce our share capital and any capital redemption reserve in any manner authorized by the Companies Act. Inspection of Books and Records Holders of our Class A Ordinary Shares and Class B Ordinary Shares will have no general right under Cayman Islands law to inspect or obtain copies of our list of shareholders or our corporate records. However, we will provide our shareholders with annual audited financial statements.