Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 278

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 278
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 Section 239(1) of the SFA) of that corporation or the beneficiaries’ rights and interest (howsoever described) in that trust shall not be transferred within six months after that corporation or that trust has acquired the Class A Ordinary Shares pursuant to an offer made under Section 275 of the SFA except: (i)to an institutional investor or to a relevant person defined in Section 275(2) of the SFA, or to any person arising 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. 177

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 |     | $ |     4,490.93 |
| Nasdaq Global Market Listing Fee                    |     | $ |   115,000.00 |
| FINRA Filing Fee                                    |     | $ |     4,215.00 |
| Legal Fees and Expenses                             |     | $ |   700,000.00 |
| Accounting Fees and Expenses                        |     | $ |   300,000.00 |
| Printing and Engraving Expenses                     |     | $ |    25,000.00 |
| Transfer Agent Expenses                             |     | $ |    15,000.00 |
| Investor Relations Fee                              |     | $ |   200,000.00 |
| Miscellaneous Expenses                              |     | $ |   199,550.91 |
| Total Expenses                                      |     | $ | 1,563,256.84 |

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.

178 LEGAL MATTERS The validity of the Class A Ordinary Shares offered hereby and certain legal matters as to Cayman Islands