Company: OTSA
Filing Date: 2025-06-09
Form Type: F-1
Source: 0001213900-25-052720
Chunk: 300

Company: OTSAW Ltd
Filing Date: 2025-06-09
Form: F-1
Chunk 300
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 the Company to 10,000 ordinary shares of par value US$0.0001 per share following the Share Split (the Initial Shares) be re -designatedas 10,000 Class A Ordinary Shares (the redesignation); and Authorised share capital of the Company was increased from US$1.00, divided into 10,000 Class A Ordinary Shares of par value US$0.0001 per share, to US$50,000, divided into 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 by the creation of: (1)499,989,999 new Class A Ordinary Shares of par value US$0.0001 per share, each having the rights set forth in the Amended and Restated M&A and ranking pari passu for all purposes and identical in all respects with the existing Class A Ordinary Shares of par value US$0.0001 per share in the capital of the Company; and (2)1 new Class B Ordinary Share of par value US$0.0001 per share, having the rights set forth in the Amended and Restated M&A. In May 2023, the Company issued 94,240,000 Class A Ordinary Shares to the shareholders of Otsaw Digital Pte Ltd as part of the group restructuring. After this restructuring, Otsaw Digital was 100% owned by the Company. In January 2024, the Company issued 4,373,140 Class A ordinary shares as part of a USD8,746,280 loan to share capital conversion (note 20). The holders of the Class A Ordinary Shares and the Class B Ordinary Share rank pari passu with one another and have the same rights, preferences, privileges and restrictions, except holders of Class A Ordinary Shares and Class B Ordinary Shares shall at all times vote together as one class on all resolutions submitted to a vote by the Members. At a general meeting, each Class A Ordinary Share shall entitle the holder thereof to one (1) vote on all matters subject

F-28 OTSAW LIMITED AND ITS SUBSIDIARIES
NOTES TO THE CONSOLIDATED FINANCIAL STATEMENTS
FOR THE FINANCIAL YEAR ENDED 30 APRIL 2024 15.Share capital (cont.) to vote at general meetings of the Company, and each Class B Ordinary Share shall entitle the holder thereof to that