Company: OTSA
Filing Date: 2025-07-16
Form Type: F-1/A
Source: 0001213900-25-064434
Chunk: 40

Company: OTSAW Ltd
Filing Date: 2025-07-16
Form: F-1/A
Chunk 40
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, our products may not adequately address market requirements and may not continue to gain market acceptance. If one or more of the targeted markets experience a shift in customer demand, whether due to new solutions that better address the customers’ needs or otherwise, our products may not compete as effectively, if at all. If demand or acceptance of our products does not develop as expected or if we cannot accurately forecast pricing, adoption rates and sales cycle for our products, this may have a material adverse impact on our business, results of operations and financial condition. We have sold a limited number of products, and the demand for our products is hard to predict accurately. Our operating results and financial condition could be materially impacted if we are unable to accurately forecast consumer demand for our products or manage our inventory effectively. Our products and services are used across different market and geographical segments, and demand for our product and service offerings may vary. Most importantly, the numbers, types, and locations of our products in service, especially of our AMRs, vary depending on the duration of each customer contract, customer demand and similar factors. Due to the limited number of sales and deployments of our products, the numbers, types, and locations of our products in service that are currently deployed may not be representative of customer contracts and customer demand in the future. In the Asia -Pacificregion, we have sold two Camello +AMRs and one TreX in Australia; deployed four Camello AMRs, three O -R3AMRs, and two O -RXAMRs in Singapore; and sold one TreX in South Korea. In the U.S., we have sold two Camello +AMRs, one O -R3and deployed one O -RX. We must forecast production and inventory needs in advance with our suppliers and manufacturer, and our ability to do so accurately could be affected by many factors, including variations in customer demand for our products or those of our competitors, the success of new products in the market, sales promotions by us or our competitors, and unanticipated shifts in general economic conditions or consumer confidence levels. Therefore, our inability to accurately forecast consumer demand for our products and manage our inventory effectively could result in a material adverse impact on our operating results and financial condition. 21 A material shortfall in demand as compared to our forecasts could trigger an inventory write -downor write -offor force us to sell excess inventory at discounted prices. This would have a negative impact on our gross margin and could create reputational risk. In addition, if we were to have excess inventory,