Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 373

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 373
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 in 3 months and accrues interest at 16% per annum. In March 2025, the Company issued 176,532 new ordinary shares (388,370 prior to the 2025 Reverse Share Split) to its shareholders for a total consideration of USD 530,000. 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 completion of the reverse share split. As a result of the 2025 Reverse Share Split, 45,142,208 Class A Ordinary Shares and 1 Class B Ordinary Share are issued and outstanding.

F-84 PART II — INFORMATION NOT REQUIRED IN THE PROSPECTUS Item 6. Indemnification of Directors and Officers. Cayman Islands law does not limit the extent to which a company’s articles of association may provide for indemnification of officers and directors, except to the extent any such provision may be held by the Cayman Islands courts to be contrary to public policy, such as to provide indemnification against civil fraud or the consequences of committing a crime. The underwriting agreement, the form of which will be filed as Exhibit 1.1 to this registration statement, provide for indemnification by the underwriter of us and our officers and directors for certain liabilities, including liabilities arising under the Securities Act, but only to the extent that such liabilities are caused by information relating to the underwriter furnished to us in writing expressly for use in this registration statement and certain other disclosure documents. Insofar as indemnification for liabilities arising under the