Company: OTSA
Filing Date: 2025-03-26
Form Type: DRS/A
Source: 0001013762-25-002776
Chunk: 120

Company: OTSAW Ltd
Filing Date: 2025-03-26
Form: DRS/A
Chunk 120
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 operations and financial condition. For example, the ANS Version 3 and the Odyssey, are anticipated to serve as a critical cornerstone of our future financial performance, and the continued promotion of the Odyssey is expected to exert a material impact on our financial performance. As of the date of this prospectus, we are in the early research and development stage to independently commercialize and market the ANS Version 3. The release of innovative products, such as the Odyssey, is poised to provide us with entry to previously untapped markets and clienteles, thereby fostering potential growth in our future revenue streams. 73 Our ability to retain skilled personnel Our future growth and success depend significantly on the continued service and contributions of our engineers and senior management personnel. Many of these key personnel are highly skilled and experienced and are difficult to recruit and retain, particularly as we seek to expand our business with respect to our AI -enabledAMR and robotics solutions. Competition for recruiting qualified personnel is intense, and finding personnel with the combination of skills and attributes required to execute our business strategy may be difficult, time -consuming, and expensive. Consequently, the loss of any key personnel or failure to recruit, train, or retain qualified personnel could significantly negatively impact our operations. Our ability to adopt to the rapid technology change of the market The industry is rapidly changing technologically, with highly evolving industry standards and frequent introductions and enhancements of new products and services. Customers also expect fast technological advancements. Our future success will depend on our ability to adapt to rapidly changing technologies, align our services with evolving industry standards, and continually improve the know -howof our staff in response to the evolving demands of the marketplace. Failure to adapt to such changes would have a material adverse effect on our business and results of operations. Intellectual Property We rely on patented and non -patentedproprietary information relating to product development, manufacturing capabilities and other core competencies of our business. Protection of intellectual property is critical. Therefore, steps such as additional patent applications, confidentiality and non -disclosureagreements, as well as other security measures, are important. While we believe we have a strong patent portfolio and there is no actual or, to our knowledge, threatened litigation against us for patent -relatedmatters, litigation or threatened litigation is a common method to effectively enforce or protect intellectual property rights. Such action may be initiated by or against us and would require significant management time and expenses. Foreign currency exchange fluctuation Our operations involve transactions denominated in different currencies. Consequently, fluctuations in foreign exchange rates could impact our