Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 119

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 119
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| Total shareholders’ equity                          |     |                          |  (3,688 | ) |     |           |     |             |
| Total capitalization                                |     |                          |    (351 | ) |     |           |     |             |

80

UNAUDITED PRO FORMA FINANCIAL INFORMATION

Defined terms included below shall have the same meaning as terms defined and included elsewhere in this prospectus.

Introduction

The following unaudited pro
forma financial information has been prepared in accordance with Article 11 of Regulation S-X.

In
May 2023, we acquired PayNow, a payment gateway company in Taiwan, for a total cash consideration of US$2.1 million, in order to further supplement our payment services offerings. We acquired a controlling interest of 52.94% of PayNow on
May 1, 2023 (the “Acquisition Date”), through OwlPay Holdings, a wholly-owned subsidiary of the Company, for US$628,265 in cash and further acquired 46.44% on September 15, 2023 for US$1,517,730 in cash (collectively, the
“Acquisition”).

The unaudited pro forma condensed consolidated statement of profit or loss and other comprehensive income
(loss) for the year ended December 31, 2023 combines the historical statement of profit or loss and other comprehensive income (loss) of OBOOK Holdings Inc. and subsidiaries for the year ended December 31, 2023 and the historical statements of
profit or loss and other comprehensive income of PayNow for the four months ended April 30, 2023 on a pro forma basis as if the Acquisition and related transactions had been consummated on January 1, 2023. The effect of the Acquisition is
already reflected in the consolidated statement of financial position of OBOOK Holdings Inc. as of December 31, 2023.

The unaudited
pro forma financial information has been presented for illustrative purposes only and is not necessarily indicative of financial position and results of profit or loss that would have been achieved had the acquisitions and related transactions
occurred on the dates indicated. Further, the unaudited pro forma financial information may not be useful in predicting the future financial condition and results of profit or loss of the post-acquisition company. The actual financial position and
results of profit or loss may differ significantly from the pro forma amounts reflected herein due to a variety of factors. The unaudited pro