Company: OTSA
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061733
Chunk: 223

Company: OTSAW Ltd
Filing Date: 2025-07-07
Form: F-1/A
Chunk 223
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 a director’s interest shall be sufficient disclosure and after such general notice it shall not be necessary to give special notice relating to any particular transaction. A director may be counted for a quorum upon a motion in respect of any contract or arrangement which he shall make with our company, or in which he is so interested and may vote on such motion. Code of Business Conduct and Ethics Prior to the effectiveness of the registration statement of which this prospectus is a part, we intend to adopt a written code of business conduct and ethics that applies to our directors, officers and employees, including our chief executive officer, chief financial officer, principal accounting officer or controller or persons performing similar functions. We intend to disclose any amendments to the code of ethics, and any waivers of the code of ethics or the code of conduct for our directors, executive officers and senior finance executives, on our website to the extent required by applicable U.S. federal securities laws and the corporate governance rules of the Nasdaq. Insider Trading Policies Effective October 23, 2000, the SEC adopted rules related to insider trading. Rule 10b5 -1of the Securities Exchange Act of 1934, as amended, provides an exemption to the insider trading rules in the form of an affirmative defense through the creation of formal 10b5 -1plans under which executives and other insiders may arrange the sale of securities of publicly traded companies on a regular pre -arrangedbasis pursuant to written 10b5 -1plans. Such 10b5 -1plans are entered into at a time when the plan participants are not aware of material non -publicinformation and that otherwise comply with the requirements of Rule 10b5 -1. 136 Our board of directors has adopted an insider trading policy that allows insiders to sell securities of our Company pursuant to pre -arrangedtrading plans. Board Committees We plan to establish three committees under the board of directors: an audit committee, a compensation committee and a nominating and corporate governance committee. We plan to adopt a charter for each of the three committees. Copies of our committee charters will be posted on our corporate investor relations website immediately prior to our listing on Nasdaq. Each committee’s members and functions are described below. Audit Committee.Our audit committee will consist of Dr. John M. Dolan, Mr. Christopher T. Olivia and Ms. Susan E. Skerritt, upon the effectiveness of their appointments. Ms. Susan E. Skerritt is expected to be the chair of our audit committee. The audit committee will