Company: OTSA
Filing Date: 2025-06-09
Form Type: F-1
Source: 0001213900-25-052720
Chunk: 35

Company: OTSAW Ltd
Filing Date: 2025-06-09
Form: F-1
Chunk 35
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 17 our current and anticipated needs of capital for at least the next twelve months, it is possible that we will need to raise significant amounts of additional capital to fund our business thereafter, including to finance ongoing research and development costs, expansion of our production capacity, any significant unplanned or accelerated expenses and new strategic alliances or acquisitions. We may also require additional cash resources due to changed business conditions or other future developments. Due to our limited operating history and the fact that the commercial robotics market is in an early stage of customer adoption and the possibilities of large -scaleapplication of autonomous robots in the facilities management industries is unproven, it is difficult to evaluate the demand for our products, business, prospects, and future viability. Thus, it is possible that we may not generate sufficient cash flow from operations and sales or otherwise have the capital resources to meet our future capital needs. Furthermore, our level of capital expenditures will be significantly affected by customer demand for our products. As a result, our future capital requirements may be uncertain and actual capital requirements may be different from those we currently anticipate. Therefore, we may need to seek equity or debt financing to finance a portion of our future capital needs and expenditures. If we raise additional capital funds through the issuance of equity or convertible debt securities, it would result in dilution of our shareholders’ voting rights and could be at a per share purchase price significantly below the per share price in this offering. These newly -issuedsecurities may have rights, preferences or privileges senior to those of existing stockholders, including those acquiring shares in this offering. The incurrence of indebtedness would result in increased debt service obligations and could result in operating and financing covenants that would restrict our operations, liquidity and ability to make cash dividends. It is uncertain whether financing will be available to us in a timely manner or on terms that are acceptable, or at all. If adequate financing is not available or is not available on acceptable terms, if and when needed, our ability to fund our operations, take advantage of unanticipated opportunities, develop or enhance our products, or otherwise respond to competitive pressures would be significantly limited. Our inability to raise capital could require us to significantly curtail or terminate our operations. We may have to significantly reduce our spending, delay or cancel our planned activities, or substantially change our corporate structure. We have no experience maintaining or servicing our products at a large scale. Under our RaaS subscription model and some of our direct sale agreements, we will be responsible for maintenance and servicing of our products. In addition to our