Company: OTSA
Filing Date: 2025-05-23
Form Type: DRS/A
Source: 0001213900-25-047247
Chunk: 24

Company: OTSAW Ltd
Filing Date: 2025-05-23
Form: DRS/A
Chunk 24
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 collateral consequences, remedial measures and legal expenses, all of which could adversely affect our business, results of operations, financial condition and reputation (on page 37). •Failure of our internal controls over financial reporting could harm our business and financial results (on page 37). •Environmental laws and regulations and unforeseen costs could negatively impact our future earnings (on page 38). Risks Related to Intellectual Property •Our success depends in part on our ability to obtain and maintain protection for the intellectual property relating to or incorporated into our products. If we are unable to protect our intellectual property, the value of our brand and other intangible assets may be diminished and our business may be adversely affected (on page 38). •We may not be able to protect our intellectual property rights in all countries (on page 39). •We may be subject to intellectual property claims in the future, which are costly to defend, could result in significant damage awards, and could limit our ability to use certain technologies in the future (on page 40). •We use other parties’ software and other intellectual property in our proprietary software, including “open source” software. Any inability to continuously use such software or other intellectual property in the future could have a material adverse impact on our business, financial condition, results of operations and prospects (on page 40). Risks Related to our Offering and Ownership of Our Class A Ordinary Shares •The dual class structure of our Class A Ordinary Shares and Class B Ordinary Shares has the effect of concentrating voting control with our chief executive officer, directors and their affiliates (on page 41). •As a “controlled company” under the rules of the Nasdaq Capital Market, we may choose to exempt Otsaw Limited from certain corporate governance requirements that could have an adverse effect on our public shareholders (on page 41). •The dual -classstructure of our Ordinary Shares may adversely affect the trading market for the Class A Ordinary Shares (on page 42). •Our Class A Ordinary Shares may be thinly traded and you may be unable to sell at or near ask prices or at all if you need to sell your shares to raise money or otherwise desire to liquidate your shares (on page 42). •There has been no public market for our Class A Ordinary Shares prior to this offering, and you may not be able to resell our Class A Ordinary Shares at or above the price you paid, or at all (on page 42). •If we cannot satisfy, or continue to satisfy, the initial listing requirements and