Company: OTSA
Filing Date: 2025-06-09
Form Type: F-1
Source: 0001213900-25-052720
Chunk: 67

Company: OTSAW Ltd
Filing Date: 2025-06-09
Form: F-1
Chunk 67
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 increase the cost and decrease the availability of sources of financing, and increase our exposure to material losses from bad debts, any of which could have a material adverse impact on our financial condition and operating results. Access to public financing and credit can be negatively affected by the effect of these events on Singapore, U.S. and global credit markets. The health of the global financing and credit markets may affect our ability to obtain equity or debt financing in the future and the terms at which financing or credit is available to us. These instances of volatility and market turmoil could adversely affect our operations, our ability to conduct an initial public offering on a national U.S. exchange (or at all) and the trading price of our Class A Ordinary Shares if we ever conduct such an offering. We are subject to the risks associated with international operations, including unfavorable regulatory, political, tax and labor conditions, which could materially and adversely affect our business, financial condition, results of operations and prospects. As of the date of this prospectus, the substantial majority of our operations are based in Singapore, primarily serving the Asia -Pacificmarket. As part of our growth strategy, especially in relation to our partnership with Swisslog Healthcare and establishment of our regional centers in the United States and Germany, we intend to further expand our sales, maintenance and repair services and manufacturing activities to Europe, North America, and other new countries in the coming years. We anticipate having operations and subsidiaries that are subject to the legal, political, regulatory and social requirements and economic conditions in foreign jurisdictions. Compliance with foreign laws and regulations that apply to our international operations increases our cost of doing business in foreign jurisdictions. These laws and regulations include data privacy requirements, labor relations laws, tax laws, foreign currency -relatedregulations, anti -competitionregulations, prohibitions on payments to governmental officials, market access, import, export and general trade regulations, including but not limited to economic sanctions and embargos. Laws and regulations governing our products, especially our robots, are still developing and constantly evolving, as industrial and commercial applications of robotics become increasingly prevalent. Our products may be required to conform to various new or changing international, national, state and local laws and regulations, where those products are sold, including laws and regulations relating to the design, manufacturing, marketing, distribution, servicing or use of our products, safety standard, data protection and cybersecurity laws and regulations, medical devices law and regulations, and laws and regulations in relation to self -drivingvehicles. Violations of the aforesaid laws and regulations could result