Company: OTSA
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061733
Chunk: 106

Company: OTSAW Ltd
Filing Date: 2025-07-07
Form: F-1/A
Chunk 106
---
otment |   5.0 
 (0.28 
  0.03 | ) |     | Offering       
 With           
 Over-Allotment |   5.0 
 (0.28 
  0.03 | ) |
|:----------------------------------------------------------------------------------------------------------------------------------------------------------------------|:----|:---------------|------:|:--|:----|:---------------|------:|:--|
| Pro forma net tangible book value (deficit) per Class A Ordinary Share as of October 31, 2024                                                                         |     | $              | (0.25 | ) |     | $              | (0.25 | ) |
| Increase in pro forma as adjusted net tangible book value per Class A Ordinary Share attributable to new investors purchasing Class A Ordinary Share in this offering |     | $              |  0.36 |   |     | $              |  0.41 |   |
| Pro forma as adjusted net tangible book value per Class A Ordinary Share after this offering                                                                          |     | $              |  0.11 |   |     | $              |  0.16 |   |
| Dilution per Class A Ordinary Share to new investors in this offering                                                                                                 |     | $              |  4.89 |   |     | $              |  4.84 |   |

Each $1.00 increase (decrease) in the assumed initial public offering price of $5.0 per Class A Ordinary Share would increase (decrease) our pro forma as adjusted net tangible book value as of October31, 2024 after this offering by approximately $0.07 ($0.07) per Class A Ordinary Share, and would increase (decrease) dilution to new investors by $0.93 ($0.93) per ordinary share, assuming that the number of Class A 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 Underwriters exercise the over -allotmentoption in full, the pro forma as adjusted net tangible book value per Class A Ordinary Share after the offering would be $0.16, the increase in net tangible book value per Class A Ordinary Share to existing shareholders would be $0.