Company: OTSA
Filing Date: 2025-05-23
Form Type: DRS/A
Source: 0001213900-25-047247
Chunk: 195

Company: OTSAW Ltd
Filing Date: 2025-05-23
Form: DRS/A
Chunk 195
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 the enhanced reliability of robots to reduce human error. We expect that we will compete on the following factors: •technological, product, and software innovation; •product quality, reliability and safety; •product features and performance; •product pricing; •production capacity, hence efficiency and economies of scales; •brand name recognition; •customer service and product support; and •existing customer relationships. We believe we do and will compete favorably on these factors; however, our potential competitors may have greater financial, technical, manufacturing and other resources than we have. Our competitors may be able to deploy greater resources for the design, development, manufacturing, distribution, promotion, sales, marketing and support of their products. Additionally, our competitors may have greater name recognition, longer operating histories, larger sales forces, broader customer and industry relationships and other tangible and intangible resources than we have. These competitors also compete with us in recruiting and retaining qualified research and development, sales, marketing and management personnel, as well as in acquiring technologies complementary to, or necessary for, our products. Additional mergers and acquisitions in the industrial robotics market may result in even more resources being concentrated on our competitors. Employees As of the date of this prospectus, we had 107 full -timeemployees, 97 of whom are based in our headquarters in Singapore, 8 based in Germany and 2 based in the United States. As of October31, 2024, we had 92 full -timeemployees 81 of whom are based in our headquarters, 9 based in Germany and 2 based in the United States. As of April 30, 2024, we had 88 full -timeemployees 77 of whom are based in our headquarters, 9 based in Germany and 2 based in the 122

United States. As of April 30, 2023, we had 88 full -timeemployees, 77 of whom are based in our headquarters, 10 based in Germany and 1 based in the United States. As of April 30, 2022, we had 51 full time employees,49 of whom are based in our headquarters, 1 based in Germany and 1 based in the United States. The following table sets forth the breakdown of our employees categorized by function as of the date of this prospectus.

| Function                 |     | Number of 
 Employees |
| Research and Development |     |        18 |
| Sales and Marketing      |     |        10 |
| Production               |     |