Company: OTSA
Filing Date: 2025-06-09
Form Type: F-1
Source: 0001213900-25-052720
Chunk: 200

Company: OTSAW Ltd
Filing Date: 2025-06-09
Form: F-1
Chunk 200
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 and assembly/manufacturing facility located at 10 Tampines North Drive 4 #01 -03, Tampines North Singapore 528553, consisting of approximately 17,255 square feet. The initial lease expired on April 15, 2025, and on June8, 2025, we signed a letter of acceptance with JTC Corporation to rent the premises for an additional 3 year period from June1, 2025 to May31, 2028. We believe that this facility, which includes office, demonstration, assembly, and repair space, will adequately serve our current needs. We lease an office space in Germany, at Bürgermeister -Wegele -Straße12, 86167 Augsburg, Germany. It is primarily used as the office space for our Europe regional center. The lease expires on July 31, 2027. We lease an office space in the United States, at 99 South Bedford Street, Burlington, Massachusetts MA 01803, USA. It is primarily used as the office space for our United States regional center. The lease expires on July 31, 2026. We lease our premises under operating lease agreements from independent third parties. We believe that our existing facilities are generally adequate to meet our current needs, but we expect to seek additional space as needed to accommodate future growth. Should we need additional space, we believe we will be able to obtain additional space on commercially reasonable terms. Insurance We maintain property insurance policies covering our equipment and facilities in accordance with customary industry practice. We carry occupational injury, medical, travel and pension insurance for our employees, in compliance with applicable regulations. We also carry director & officer (D&O) insurance. We will continue to review and assess our risk portfolio and make necessary and appropriate adjustments to our insurance practices to align with our needs and with industry practice in Singapore and in the market in which we operate. Legal Proceedings From time to time, we may become a party to various legal, arbitral or administrative proceedings or claims arising in the ordinary course of our business. Any of the pending lawsuits against us, or any other legal or administrative proceeding, regardless of the outcome, is likely to result in substantial cost and diversion of our resources, including our management’s time and attention. Other than as stated above, there are currently no material legal proceedings against us or that have been against us, and we are not aware of investigations being conducted by a governmental entity into our company.

123 REGULATIONS This section sets forth a summary