Company: OTSA
Filing Date: 2025-07-07
Form Type: F-1/A
Source: 0001213900-25-061733
Chunk: 26

Company: OTSAW Ltd
Filing Date: 2025-07-07
Form: F-1/A
Chunk 26
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 Share Incentive Plan may result in dilution to our Shareholders (on page 46). •If securities or industry analysts do not publish or publish inaccurate or unfavorable research about our business, or if they adversely change their recommendations regarding our Class A Ordinary Shares, the market price for our Class A Ordinary Shares and trading volume could decline (on page 47). •Short selling may drive down the market price of our Class A Ordinary Shares (on page 47). •We have broad discretion in the use of the net proceeds from our public offering and may not use them effectively (on page 47). •Because we do not expect to pay dividends in the foreseeable future, you must rely on price appreciation of our Class A Ordinary Shares for a return on your investment (on page 47). •Shares eligible for future sale may adversely affect the market price of our Class A Ordinary Shares, as the future sale of a substantial amount of outstanding Class A Ordinary Shares in the public marketplace could reduce the price of our Class A Ordinary Shares (on page 48). •You will experience immediate and substantial dilution (on page 48). •We will incur increased costs as a result of being a public company, particularly after we cease to qualify as an emerging growth company (on page 48). •As a company incorporated in the Cayman Islands, we are permitted to adopt certain Cayman Islands practices in relation to corporate governance matters that differ significantly from the Nasdaq corporate governance listing standards. These practices may afford less protection to shareholders than they would enjoy if we complied fully with the Nasdaq corporate governance listing standards (on page 49). •Since Otsaw Limited is a Cayman Islands exempted company, the rights of our shareholders may be more limited than those of shareholders of a company organized in the United States (on page 49). 10 •Certain judgments obtained against us by our shareholders may not be enforceable. You may also face difficulties in protecting your interests, and your ability to protect your rights through U.S. courts may be limited, because we are incorporated under Cayman Islands law, and we conduct substantially all of our operations and all of our directors and executive officers reside outside of the United States (on page 50). •Cayman Islands economic substance requirements may have an effect on our business and operations (on page 50). •We are an “emerging growth company,” and the reduced disclosure requirements applicable to emerging growth companies may make our Class A Ordinary Shares less attractive to investors (on page 50).