Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 348

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 348
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NOTES TO THE UNAUDITED CONDENSED CONSOLIDATED FINANCIAL STATEMENTS
FOR THE SIX MONTHS ENDED OCTOBER 31, 2024 AND 2023 13.Cash and cash equivalents (cont.) Cash and cash equivalents are denominated in the following currencies:

|                      |     | October 31, 
        2024 |     | April 30, 
      2024 |
|:---------------------|:----|------------:|:----|----------:|
| USD                  |     |         USD |     |           |
| Singapore dollar     |     |      59,659 |     |    28,610 |
| United States dollar |     |       2,806 |     |       916 |
| Euro                 |     |      15,871 |     |       805 |
|                      |     |      78,336 |     |    30,331 |

14.Share capital

| October 31,             
 2024                    |     | Number of Shares* 
         April 30, 
              2024 |     | October 31, 
        2024 |     |       USD 
 April 30, 
      2024 |     |       |
|:------------------------|:----|------------------:|:----|------------:|:----|----------:|:----|------:|
| Class A Ordinary shares |     |        44,828,700 |     |  44,828,700 |     |     9,862 |     | 9,862 |

____________ *Retroactively restated for the effect of 2025 Reverse Share Split (See Note 25) The Company has originally authorized 499,999,999 Class A Ordinary Shares of par value US$0.0001 per share and 1 Class B Ordinary Share of par value US$0.0001. On June20, 2025, the Company effected a reverse share split in which every 2.2 of authorized Class A ordinary shares of par value US$0.0001 each were consolidated into one Class A ordinary share of par value US$0.00022 each (the “2025 Reverse Share Split”). In connection with the 2025 Reverse Share Split, the Company also cancelled 4,999,999 authorized but unissued Class A ordinary shares, resulting in a reduction of our authorized share capital by US$499.9999. Following the