Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 271

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 271
---
556 |
| Proceeds, before expenses, to us               |     | $           | 4.60 |     | $              | 20,444,447 |     | $                | 23,511,115 |

____________ (1)We have agreed to pay the underwriting discounts of seven percent (7.0%) of the gross proceeds of this offering, at the closing of this offering, and each closing of the over -allotmentoption, if any. The fees do not include the expense reimbursement as described below. (2)We have agreed to pay Aegis a non -accountableexpense allowance equal to one percent (1.0%) of the gross proceeds of this offering. We have also agreed to pay Aegis for all accountable actual out -of -pocketexpenses relating to the offering, including but not limited to, (a) all filing fees and expenses relating to the registration of the Class A Ordinary Shares with the Commission; (b) all filing fees and expenses associated with the review of the offering of the Class A Ordinary Shares by FINRA; (c) all fees and expenses relating to the listing of the Company’s equity or equity -linkedsecurities on Nasdaq; (d) all fees, expenses and disbursements relating to the registration or qualification of the Class A Ordinary Shares under the “blue sky” securities laws of such states and other jurisdictions as Aegis may reasonably designate (including, without limitation, all filing and registration fees, and the reasonable fees and disbursements of the Company’s “blue sky” counsel, which will be Aegis’s counsel) unless such filings are not required in connection with

173 the Company’s proposed Nasdaq listing; (e) any fees for counsel to lead investors in this offering; (f) all fees, expenses and disbursements relating to the registration, qualification or exemption of the Securities under the securities laws of such foreign jurisdictions as Aegis may reasonably designate; (g) the costs of all mailing and printing of the offering documents; (h) transfer and/or stamp taxes, if any, payable upon the transfer of the Class A Ordinary Shares from the Company to Aegis; (i) the fees and expenses of the Company’s accountants; and (j) up to $125,000 for reasonable legal fees and disbursements for Aegis’s counsel. The total accountable actual out -of -pocketexpenses shall not exceed $150,000 if the offering is completed by Aegis, or $100,000