Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 104

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 104
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     |    1,194,443 |   |     |         1,194,443 |    |
| Loans and Borrowings – Current portion                                                                                                                                                            |     |   8,770,950 |   |     |    8,770,950 |   |     |         5,948,301 | -4 |
| Total Capitalization                                                                                                                                                                              |     |     816,030 |   |     |    1,896,030 |   |     |        17,721,571 |    |

____________ (1)The pro forma data includes (x) 44,828,700 Class A Ordinary Shares outstanding, actual, as of October 31, 2024 and (y) the issuance of 136,976 Class A Ordinary Shares in January 2025 for a total consideration of $550,000 and 176,532 Class A Ordinary Shares in March 2025 for a total consideration of $530,000, both as adjusted for the 2.2 -for-1share consolidation (“the 2025 Reverse Share Split”). (2)Reflects the sale of Class A Ordinary Shares in this offering (excluding any Class A Ordinary Shares that may be sold as a result of the underwriters exercising their over -allotmentoption) at an assumed initial public offering price of $5.0 per share, and after deducting the estimated underwriting discounts and estimated offering expenses payable by us. The pro forma as adjusted information is illustrative only, and we will adjust this information based on the actual initial public offering price and other terms of this offering determined at pricing. Additional paid -incapital reflects the net proceeds we expect to receive, after deducting the underwriting discounts, estimated offering expenses payable by us and advisory fees. We estimate that such net proceeds will be approximately $18,648,190, assuming no over -allotmentoption is exercised. (3)In the event that the Underwriter’s over -allotmentoption is exercised in full, then the pro forma as adjusted total ordinary shares outstanding would be 50,253,321 (50,253,320 Class A Ordinary Shares and 1 Class B Ordinary Share), as adjusted for the 2.2 -for-1share consolidation, pro forma as adjusted additional paid -incapital would be $48,778,872, and pro forma as adjusted total equity would be $13,645,495, reflecting the sum of net proceeds in the amount of