Company: OTSA
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061733
Chunk: 244

Company: OTSAW Ltd
Filing Date: 2025-07-07
Form: F-1/A
Chunk 244
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 shareholder may transfer any share by an instrument of transfer in writing and in any usual or common form or in a form prescribed by any applicable stock exchange rules or in such other form as the directors may, in their absolute discretion, approve. Winding Up If the Company is wound up the liquidator may, with the sanction of a special resolution of the Company and any other sanction required by the Cayman Islands Companies Act, divide amongst the shareholders in specie or in kind the whole or any part of the assets of the Company (whether they shall consist of property of the same kind or not) and may for that purpose value any assets and, subject to the articles of association, determine how the division shall be carried out as between the shareholders or different classes of shareholders. The liquidator may, with the like sanction, vest the whole or any part of such assets in trustees upon such trusts for the benefit of the shareholders as the liquidator, with the like sanction, thinks fit, but so that no shareholders will be compelled to accept any asset upon which there is a liability. If the Company is wound up, and the assets available for distribution amongst the shareholders are insufficient to repay the whole of the share capital, such assets will be distributed so that, as nearly as may be, the losses will be borne by the shareholders in proportion to the par value of the shares held by them. If in a winding up the assets available for distribution amongst the shareholders are more than sufficient to repay the whole of the share capital at the commencement of the winding up, the surplus will be distributed amongst the shareholders in proportion to the par value of the shares held by them at the commencement of the winding up subject to a deduction from those shares in respect of which there are monies due, of all monies payable to the Company for unpaid calls or otherwise. This is without prejudice to the rights of the holders of shares issued upon special terms and conditions. The foregoing is subject to any rights, restrictions or limitations attaching to any class of shares in the Company. Calls on Class A Ordinary Shares and forfeiture of Class A Ordinary Shares Our board of directors may from time to time make calls upon shareholders in respect of any moneys unpaid on their Class A Ordinary Shares and not by the conditions of allotment thereof made payable at fixed times, provided that no call will be payable at less than one month from the date fixed for the payment of the last preceding call, and each shareholder must (subject to receiving at least fourteen (14) calendar days’ notice specifying the time or times