Company: OTSA
Filing Date: 2025-03-26
Form Type: DRS/A
Source: 0001013762-25-002776
Chunk: 66

Company: OTSAW Ltd
Filing Date: 2025-03-26
Form: DRS/A
Chunk 66
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 and commercial applications of robotics become increasingly prevalent. Our products may be required to conform to various new or changing international, national, state and local laws and regulations, where those products are sold, including laws and regulations relating to the design, manufacturing, marketing, distribution, servicing or use of our products, safety standard, data protection and cybersecurity laws and regulations, medical devices law and regulations, and laws and regulations in relation to self -drivingvehicles. Violations of the aforesaid laws and regulations could result in fines and penalties, liabilities claims, criminal sanctions against us, our officers or our employees, and prohibitions on the conduct of our business, including suspension of production or a cessation of our operations. Any such violations, or a major shift in governmental policies in any jurisdiction that we have operations in, could affect our ability to offer our products and services in one or more countries, result in the withdrawal or recall of our products, or the discontinuation of our operations, whether partially or entirely, damage to our reputation, our brand, our international expansion efforts, and our ability to attract and retain employees. This would have a material adverse impact our business and our operating results. Compliance with these laws requires a significant amount of management attention and effort, which may divert our management’s attention from running our business operations and could harm our ability to grow our business, or may increase our expenses as we engage specialized third parties or other additional resources to assist us with our compliance efforts. Furthermore, we have limited experience to date manufacturing, selling, maintaining and servicing our products on a large -scaleinternationally, and such expansion would require us to make significant expenditures, such as hiring of local employees, in advance of generating any revenue. In addition to the risks regarding foreign law and regulations, we may be subject to a number of risks associated with international operations that may increase our costs, impact our ability to manufacture or sell our products and require significant management attention. These risks include, but are not limited to: •difficulties establishing international manufacturing operations, including difficulties establishing relationships with or establishing localized supplier bases and developing cost -effectiveand reliable supply chains for such manufacturing operations; 35 •difficulty in staffing and managing foreign operations; •difficulties attracting customers in new jurisdictions; •changes in diplomatic and trade relationships, including political risk and customer perceptions based on such changes and risks, political instability, natural disasters, pandemics, war (including the ongoing Russo -UkraineWar and Israel -Palestineconflict) or events of terrorism; •the