Company: OTSA
Filing Date: 2025-05-23
Form Type: DRS/A
Source: 0001213900-25-047247
Chunk: 262

Company: OTSAW Ltd
Filing Date: 2025-05-23
Form: DRS/A
Chunk 262
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 A Ordinary Shares in the open market that could adversely affect investors who purchase in this offering. To the extent that the underwriter creates a naked short position, they will purchase Class A Ordinary Shares in the open market to cover the position. The underwriter has advised us that, pursuant to Regulation M of the Securities Act, it may also engage in other activities that stabilize, maintain or otherwise affect the price of the Class A Ordinary Shares, including the imposition of penalty bids. This means that if the underwriter purchases Class A Ordinary Shares in the open market in stabilizing transactions or to cover short sales, the underwriter can require the syndicate member that sold those Class A Ordinary Shares as part of this offering to repay the underwriting discount received by them. These activities may have the effect of raising or maintaining the market price of the Class A Ordinary Shares or preventing or retarding a decline in the market price of the Class A Ordinary Shares, and, as a result, the price of the Class A Ordinary Shares may be higher than the price that otherwise might exist in the open market. If the underwriter commences these activities, they may discontinue them at any time. The underwriter may carry out these transactions on The Nasdaq Capital Market, in the over -the -countermarket or otherwise. Pricing of the Offering Prior to this offering, there has been no public market for our Class A Ordinary Shares. The initial public offering price will be determined by negotiations between us and the underwriter. In determining the initial public offering price, we and the underwriter expect to consider a number of factors including: •the information set forth in this prospectus and otherwise available to the underwriter; •our prospects and the history and prospects for the industry in which we compete; •an assessment of our management; •our prospects for future earnings; •the general condition of the securities markets at the time of this offering; •the recent market prices of, and demand for, publicly traded securities of generally comparable companies; and •other factors deemed relevant by the underwriter and us. Neither we nor the underwriter can assure investors that an active trading market will develop for our Class A Ordinary Shares, or that the Class A Ordinary Shares will trade in the public market at or above the initial public offering price. Other Relationships The underwriter and certain of its affiliates may provide from time -to -timecertain commercial banking, financial advisory, investment banking and other services for us and our affiliates in the ordinary course of their business, for which they may receive customary fees