Company: OTSA
Filing Date: 2025-06-09
Form Type: F-1
Source: 0001213900-25-052720
Chunk: 271

Company: OTSAW Ltd
Filing Date: 2025-06-09
Form: F-1
Chunk 271
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 from an offer referred to in Section 275(1A) or Section 276(4)(i)(B) of the SFA; (ii)where no consideration is or will be given for the transfer; (iii)where the transfer is by operation of law; (iv)as specified in Section 276(7) of SFA; or (v)as specified in Regulation 32 of the Securities and Futures (Offers of Investments) (Shares and Debentures) Regulations 2005 of Singapore. 173

EXPENSES RELATING TO THIS OFFERING Set forth below is an itemization of the total expenses, excluding underwriting discounts, that we expect to incur in connection with this offering. With the exception of the SEC registration fee, the Nasdaq listing fee and the FINRA filing fee, all amounts are estimates.

| Securities and Exchange Commission Registration Fee |     | $ |     [--] |
| Nasdaq Capital Market Listing Fee                   |     | $ |     [--] |
| FINRA Filing Fee                                    |     | $ | 3,087.50 |
| Legal Fees and Expenses                             |     | $ |     [--] |
| Accounting Fees and Expenses                        |     | $ |     [--] |
| Printing and Engraving Expenses                     |     | $ |     [--] |
| Transfer Agent Expenses                             |     | $ |     [--] |
| Investor Relations Fee                              |     | $ |     [--] |
| Miscellaneous Expenses                              |     | $ |     [--] |
| Total Expenses                                      |     | $ |     [--] |

These expenses will be borne by us. Underwriting discounts will be borne by us in proportion to the numbers of Class A Ordinary Shares sold in the offering.

174 LEGAL MATTERS The validity of the Class A Ordinary Shares offered hereby and certain legal matters as to Cayman Islands law will be passed upon for us by Mourant Ozannes (Cayman) LLP. Ortoli Rosenstadt LLP is acting as counsel to our company regarding U.S. securities law matters. Certain legal matters as to Singapore law will be passed upon for us by Morgan Lewis Stamford LLC. Sichenzia Ross Ference Carmel is acting as U.S. securities counsel for the underwriters in connection with this offering. EXPERTS The consolidated financial statements of Otsaw Limited and its Subsidiaries as of April 30, 2024 and April 30, 2023, and for the years then ended, appearing in this proxy