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

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 25
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” software. Any inability to continuously use such software or other intellectual property in the future could have a material adverse impact on our business, financial condition, results of operations and prospects (on page 41). Risks Related to our Offering and Ownership of Our Class A Ordinary Shares •The dual class structure of our Class A Ordinary Shares and Class B Ordinary Shares has the effect of concentrating voting control with our chief executive officer, directors and their affiliates (on page 42). •As a “controlled company” under the rules of Nasdaq, we may choose to exempt Otsaw Limited from certain corporate governance requirements that could have an adverse effect on our public shareholders (on page 42). 9 •The dual -classstructure of our Ordinary Shares may adversely affect the trading market for the Class A Ordinary Shares (on page 43). •Our Class A Ordinary Shares may be thinly traded and you may be unable to sell at or near ask prices or at all if you need to sell your shares to raise money or otherwise desire to liquidate your shares (on page 43). •There has been no public market for our Class A Ordinary Shares prior to this offering, and you may not be able to resell our Class A Ordinary Shares at or above the price you paid, or at all (on page 43). •If we cannot satisfy, or continue to satisfy, the initial listing requirements and other rules of Nasdaq, our securities may not be listed or may be delisted, which could negatively impact the price of our securities and your ability to sell them (on page 44). •Nasdaq may apply additional and more stringent criteria for our initial and continued listing because we plan to have a small public offering and insiders will hold a large portion of the company’s listed securities (on page 44). •The trading price of our Class A Ordinary Shares may be volatile, which could result in substantial losses to you (on page 44). •Certain recent initial public offerings of companies with public floats comparable to the anticipated public float of our Company have experienced extreme volatility that was seemingly unrelated to the underlying performance of the respective company. We may experience similar volatility. Such volatility, including any stock -runup, may be unrelated to our actual or expected operating performance and financial condition or prospects, making it difficult for prospective investors to assess the rapidly changing value of our Class A Ordinary Shares (on page 46). •Exercise of options granted under the 2025 Share Incentive Plan or issue of awarded shares under the 2025