SINGAPORE, June 18, 2025 — Otsaw Limited (“OTSAW” or the “Company”) has announced the public filing of a registration statement on Form F-1 with the U.S. Securities and Exchange Commission (“SEC”) regarding its proposed initial public offering of Class A ordinary shares (the “Proposed Offering”). OTSAW has applied to list these shares on the Nasdaq Capital Market under the ticker “OTSA.” The company has not yet released the price range or the number of shares to be offered. Completion of the Proposed Offering is contingent upon market conditions, and there is no guarantee regarding its timing, completion, or specific terms.
Aegis Capital Corp. is the sole bookrunner for the Proposed Offering, and CMD Global is acting as financial advisor to the Company. The offering will be made through a prospectus. Copies of the preliminary prospectus, when available, can be accessed on the SEC’s EDGAR website. Alternatively, they can be obtained from Aegis Capital Corp., Syndicate Department, 1345 Avenue of the Americas, 27th floor, New York, NY 10105, by email, or by telephone at +1 (212) 813-1010. The Registration Statement has been filed with the SEC but is not yet effective. The securities cannot be sold, nor can offers to buy be accepted, until the registration statement becomes effective.
This press release is not an offer to sell or a solicitation of an offer to buy securities. It also does not constitute an offer, solicitation, or sale in any jurisdiction where such activity would be unlawful prior to registration or qualification under local securities laws. Any offers or sales of securities will comply with the Securities Act of 1933, as amended. The Proposed Offering depends on market conditions and the completion of the SEC’s review.
About OTSAW
Based in Singapore, OTSAW specializes in autonomous mobile robots (“AMRs”) and robotics solutions, including advanced robotics software development and manufacturing. Founded in 2015, the company focuses on advanced robotics autonomy technologies and next-generation artificial intelligence (“AI”). OTSAW aims to transform the global facilities management industry using its AI-enabled AMRs and robotics solutions for security, disinfection, last-mile delivery, and healthcare facilities.
OTSAW’s core software technologies, expertise in robot and machine outdoor autonomy, and AI-enabled AMRs help customers increase productivity, reduce reliance on human labor, and integrate automation into their facilities management. The company seeks to address labor shortages, rising wages, and labor costs in the facilities management industry worldwide.
Forward-Looking Statements
This press release contains forward-looking statements regarding Otsaw Limited’s expectations for its proposed public offering and listing. These statements can be identified by terms like “believes,” “expects,” “may,” “will,” “should,” “seeks,” “intends,” “plans,” “estimates,” or “anticipates,” which relate to the company’s strategy, plans, or intentions. These statements are not guarantees of future performance and are subject to risks, uncertainties, assumptions, and changes in circumstances that are hard to predict. While the company believes its expectations are reasonable, there is no assurance that they will be achieved, and actual results may differ materially. These forward-looking statements are relevant only as of the date of this release, and Otsaw Limited does not intend to update or revise them, except as required by securities laws.
Contact:
Jules Abraham
CORE IR
+1 (212) 655-0924
