Company: OTSA
Filing Date: 2025-01-28
Form Type: DRS
Source: 0001213900-25-007614
Chunk: 100

Company: OTSAW Ltd
Filing Date: 2025-01-28
Form: DRS
Chunk 100
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 Ordinary Shares offered by us, as set forth on the cover page of this prospectus, remains the same, and after deducting the underwriting discounts and estimated offering expenses payable by us. The pro forma as adjusted information is illustrative only, and we will adjust this information based on the actual initial public offering price and other terms of this offering determined at pricing. If the Underwriter exercises the Over -AllotmentOption in full, the pro forma as adjusted net tangible book value per Class A Ordinary Share after the offering would be $[•], the increase in net tangible book value per Class A Ordinary Share to existing shareholders would be $[•], and the immediate dilution in net tangible book value per Class A Ordinary Share to new investors in this offering would be $[•].

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The following table summarizes, on a pro forma as adjusted basis as of April 30, 2024, the differences between existing shareholders and the new investors with respect to the number of Class A Ordinary Shares purchased from us, the total consideration paid and the average price per Class A Ordinary Share before deducting the estimated commissions to the Underwriter and the estimated offering expenses payable by us.

| FIRM COMMITMENT OFFERING |     | Shares Purchased 
 Amount           |     | Percent |   |     | Total Consideration 
 Amount              |     |     | Percent |   |     | Average Price 
 Per Share     |     |
|:-------------------------|:----|:-----------------|:----|:--------|:--|:----|:--------------------|:----|:----|:--------|:--|:----|:--------------|:----|
| Existing shareholders(1) |     | [•]              |     | [•]     | % |     | $                   | [•] |     | [•]     | % |     | $             | [•] |
| New investors            |     | [•]              |     | [•]     | % |     | $                   | [•] |     | [•]     | % |     | $             | [•] |
| Total                    |     | [•]              |     | [•]     | % |     | $                   | [•] |     | [•]     | % |     | $             | [•] |

____________ (1)Not including shares underly the Over -AllotmentOption. The pro forma as adjusted information as discussed above is illustrative only