Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 324

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 324
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,288,329 |
| 2023    |     |    2,850,835 |     | 2,245,805 |     |  14,500 |     | 5,111,140 |

27.Events after the end of the reporting year During September 2024 Otsaw Digital Pte Ltd borrowed SGD2,000,000 from Curzon Capital Pte Ltd for working capital requirement. Loan is repayable over 3 years, 1/3 of loan balance at end of each year. Loan accrue interest at 16% p.a. Director’s personal guarantee provided by Mr.Ling Ting Ming. On November30, 2024, an umbrella agreement in respect of the Otsaw -SwisslogJV was entered into between (i) Otsaw Limited, (ii) Otsaw Digital Pte. Ltd., (iii) Otsaw Technology Solutions Pte. Ltd., (iv) Swisslog Healthcare Holding AG and (v) Otsaw Swisslog Healthcare Robotics Pte. Ltd. On January20, 2025, following the exercise of options relating to the Swisslog asset acquisition, Otsaw Swisslog Healthcare Robotics Pte. Ltd paid the 3rd and last tranche of SGD800,000 to Swisslog Healthcare and is then 100% owned by Otsaw Technology Solutions Pte. Ltd. (See Note 16). On June20, 2025, the Company effected a reverse share split in which every 2.2 of authorized Class A ordinary shares of par value US$0.0001 each were consolidated into one Class A ordinary share of par value US$0.00022 each (the “2025 Reverse Share Split”). In connection with the 2025 Reverse Share Split, the Company also cancelled 4,999,999 authorized but unissued Class A ordinary shares, resulting in a reduction of our authorized share capital by US$499.9999. Following the 2025 Reverse Share Split and cancellation, our authorized share capital consists of US$49,500.0001 divided into 225,000,001shares, comprising (i) 225,000,000 Class A ordinary shares of par value US$0.00022 each, and (ii) 1 Class B ordinary share of par value US$0.0001. In connection with the 2025 Reverse Share Split, the Company adopted an amended and restated memorandum and articles of association, which took effect upon the