Company: OTSA
Filing Date: 2025-01-28
Form Type: DRS
Source: 0001213900-25-007614
Chunk: 46

Company: OTSAW Ltd
Filing Date: 2025-01-28
Form: DRS
Chunk 46
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 30, 2025 and the next generation of TransCar, TransCar 5.0, will be produced in -houseat our manufacturing facility in Singapore. As such, we will no longer rely on Reis Robotics for the manufacturing of the TransCar AGVs. However, we may not be able to complete testing and successfully launch TransCar 5.0 in 2025, and we may have to continue relying on Reis Robotics as our single source supplier for the TransCar AGVs. Our business and prospects depend significantly on our ability to build the Otsaw brand. We may not succeed in developing, maintaining and strengthening the Otsaw brand, and our brand and reputation could be harmed by negative publicity regarding us or our products, which would materially and adversely affect acceptance of our products, our business, revenues and prospects. Our business and prospects depend on our ability to develop, maintain and strengthen the Otsaw brand. We believe that our ability to develop, maintain and strengthen our brand depends on the success of our marketing efforts and our ability to provide high -qualityproducts and engage with our customers as intended. Any failure to develop, maintain and strengthen our brand may materially and adversely affect our ability to sell our products and build our customer base. In addition, our ability to develop, maintain and strengthen the Otsaw brand may ultimately depend on the acceptance of our products by employees, operators, or other end -usersof our corporate customers. To promote our brand, we may be required to change or expand our customer development and branding practices, which could result in substantially increased expenses. Given the nature of the market in which we operate, investments in end -useracquisition will be high and market uptake may be slow until a critical mass is achieved. Our ability to successfully position our brand could also be adversely affected by perceptions about the quality of our competitors’ products. Despite significant efforts and investment, there is no guarantee that we will be successful in our branding and marketing efforts. If we do not develop and maintain a strong brand, our business, prospects, financial condition and operating results will be materially and adversely impacted. Our products, such as our outdoor AMRs (O -R 3and Camello +), UV -Cdisinfection system and TransCar AGVs, serve highly public -facingindustries such as facilities management, last -miledelivery, and healthcare industries. If safety incidents occur or are perceived to have occurred, whether or not such incidents are our fault, we could be subject