Company: OTSA
Filing Date: 2025-06-09
Form Type: F-1
Source: 0001213900-25-052720
Chunk: 17

Company: OTSAW Ltd
Filing Date: 2025-06-09
Form: F-1
Chunk 17
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, last -miledelivery, logistics, and healthcare. As of the date of this prospectus, our Group comprises Otsaw Limited and its subsidiaries, Otsaw Digital Pte. Ltd., Otsaw Digital, Inc., Otsaw Technology Solutions Pte. Ltd., Otsaw Technology Pte. Ltd., Otsaw Swisslog Healthcare Robotics Pte. Ltd., and Otsaw Swisslog Healthcare Robotics GmbH. Corporate Structure Otsaw Limited was incorporated on June 10, 2022 under the laws of Cayman Islands as an exempted company limited by shares. Otsaw Limited is a holding company and does not actively engage in any business or operation. We completed a share capital restructuring in May 2023 as part of our group reorganization. Upon completion of group reorganization on May25, 2023, Otsaw Digital Pte. Ltd., Otsaw Digital Inc., Otsaw Technology Solutions Pte. Ltd., Otsaw Technology Pte. Ltd., Otsaw Swisslog Healthcare Robotics Pte. Ltd., Otsaw OYA Technology Solutions Inc, and Otsaw Swisslog Healthcare Robotics GmbH became Otsaw Limited’s direct and indirect subsidiaries. As a result of our group reorganization in May 2023, Otsaw Technology Solutions Pte. Ltd. became a wholly -ownedsubsidiary of Otsaw Digital Pte. Ltd., and an indirect wholly -ownedsubsidiary of Otsaw Limited. Prior to the May 2023 group reorganization, Otsaw Digital Pte. Ltd. was the holding company of our group of companies comprising Otsaw Digital, Inc. and Otsaw Technology Solutions Pte. Ltd. (formerly known as North Star Technology Group Pte. Ltd.). Otsaw Digital Pte. Ltd. held 69.40% of the equity interest in Otsaw Technology Solutions Pte. Ltd, which directly held: a) 60% of Otsaw Swisslog Healthcare Robotics Pte. Ltd. (subsequently increasing to 73.33% on 4 January 12, 2023, 86.66% on November16, 2023, 93.3% on January 11, 2024, and 100% on January20, 2025); b) 60% of Otsaw Swisslog Healthcare Robotics GmbH (subsequently increasing to 73.33% on January 12, 2023,