Company: OTSA
Filing Date: 2025-05-23
Form Type: DRS/A
Source: 0001213900-25-047247
Chunk: 257

Company: OTSAW Ltd
Filing Date: 2025-05-23
Form: DRS/A
Chunk 257
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 discounts and commissions set forth on the cover page of this prospectus on a firm commitment basis, the number of Class A Ordinary Shares listed next to its name in the following table:

| Underwriter         |     | Number of 
 Class A   
 Ordinary  
 Shares    |
| Aegis Capital Corp. |     | [•]       |
| Total               |     | [•]       |

The underwriter is offering the shares subject to their acceptance of the shares from us and subject to prior sale. The underwriting agreement provides that the underwriter’s obligation to pay for and accept delivery of the shares offered by this prospectus are subject to the approval of certain legal matters by their counsel and to certain other conditions, including: •the representations and warranties made by us to the underwriter are true; •there is no material change in our business or the financial markets; and •we deliver customary closing documents to the underwriter. The underwriter is obligated to take and pay for all of the shares offered by this prospectus if any such shares are taken. However, the underwriter is not required to take or pay for the shares covered by the underwriter’s over -allotmentoption described below. Discounts, Commissions and Reimbursement The following table shows the public offering price, underwriting discount and proceeds, before expenses, to us. The information assumes either no exercise or full exercise by the underwriter of its over -allotmentoption.

|                                                |     | Per Class A 
 Ordinary    
 Share       |     | Total          
 No Exercise of 
 Over-Allotment 
 Option         |     | Full Exercise of 
 Over-Allotment   
 Option           |
|:-----------------------------------------------|:----|:------------|:----|:---------------|:----|:-----------------|
| Initial public offering price                  |     | $           |     | $              |     | $                |
| Underwriting discounts and commissions (7%)(1) |     | $           |     | $              |     | $                |
| Non-accountable expense allowance (1%)(2)      |     | $           |     | $              |     | $                |
| Proceeds, before expenses, to us               |     | $           |     | $              |     | $                |

____________ (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 -