Company: OTSA
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061733
Chunk: 73

Company: OTSAW Ltd
Filing Date: 2025-07-07
Form: F-1/A
Chunk 73
---
 detail accurately and fairly reflect our transactions; providing reasonable assurance that transactions are recorded as necessary for preparation of our financial statements; providing reasonable assurance that receipts and expenditures of our assets are made in accordance with management authorization; and providing reasonable assurance that unauthorized acquisition, use or disposition of our assets that could have a material effect on the financial statements would be prevented or detected on a timely basis. Because of its inherent limitations, internal control over financial reporting is not intended to provide absolute assurance that a misstatement of our financial statements would be prevented or detected. Our growth and entry into new technologies and markets will place significant additional pressure on our system of internal control over financial reporting. Any failure to maintain an effective system of internal control over financial reporting could limit our ability to report our financial results accurately and timely or to detect and prevent fraud. Environmental laws and regulations and unforeseen costs could negatively impact our future earnings. The manufacture and sale of our products and services subjects us to environmental and other regulations in multiple jurisdictions. We face increasing complexity in our product design as we adjust to new and upcoming requirements relating to our products, including the restrictions on the use, storage, handling, discharge and disposal of chemicals used or generated in, or emitted by, our production processes, on the factories we contract with and on the materials contained in semiconductor products and certain other substances in electronics that will apply to electronics products put on the market. Semiconductor packages have historically utilized metallic alloys containing lead (Pb) within the interconnect terminals typically referred to as leads, pins or balls, and the European Union’s Restriction of Hazardous Substances in Electrical and Electronic Equipment directive and similar laws in other jurisdictions, including China, impose strict restrictions on the placement into the market of electrical and electronic equipment containing lead and certain other hazardous substances. Similar laws and regulations have been or may be enacted in other regions, including in the United States, Canada, and Japan. There is no assurance that such existing laws or future laws will not impair future earnings or results of operations. We may become liable under these and other environmental, health and safety laws and regulations, including for the cost of compliance and cleanup of any disposal or release of hazardous materials arising out of our former or current operations, or otherwise as a result of the emission of greenhouse gasses or other chemicals, the existence of hazardous materials on our properties or the existence of hazardous substances in the products for which we perform our services. We could also be held liable for damages, including fines, penalties and the cost of investigations and remedial actions, we could be