Company: OWLS
Filing Date: 2025-09-24
Form Type: F-1/A
Source: 0001193125-25-213968
Chunk: 17

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-24
Form: F-1/A
Chunk 17
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 | The nature of our business requires the application of complex financial accounting rules, and there is limited 
 guidance from accounting standard setting bodies on certain topics, including on digital assets.                |

Risks Related to Digital Assets and Stablecoin

| • |     | The future development and growth of digital assets are subject to a variety of factors that are difficult to 
 predict and evaluate. If the adoption and market acceptance of digital assets, in particular the              |

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| stablecoin, does not grow as we expect, our business, operating results and financial condition could be adversely affected. |

| • |     | Due to unfamiliarity and some negative publicity associated with the blockchain economy, existing and potential                                        
 customers may have less confidence in or be less receptive to our payment services utilizing stablecoin or wallet products for holding digital assets. |

| • |     | From time to time, we may encounter technical issues in connection with the integration of digital assets and 
 changes and upgrades to their underlying networks, which could adversely affect our business.                 |

| • |     | We hold stablecoins and other digital assets for our business operations and are subject to the risks associated                                                                                                                                  
 with such digital assets. While we currently hold a de minimis amount of stablecoins and other digital assets, we expect that the amount of stablecoins and other digital assets we hold will increase with the growth of our payment business in 
 relation to the utilization of our stablecoin solutions.                                                                                                                                                                                          |

| • |     | Depositing and withdrawing digital assets into and from our products involve risks, which could result in loss of 
 customer assets, customer disputes and other liabilities, which could adversely impact our business.              |

| • |     | A particular digital asset, product or service’s status as a “security” in any relevant                                                                                                                                                               
 jurisdiction is subject to a high degree of uncertainty, and if we are unable to properly characterize a digital asset or product offering, we may be subject to regulatory scrutiny, inquiries, investigations, fines and other penalties, which may 
 adversely affect our business, operating results and financial condition.                                                                                                                                                                             |

Risks Related to Our Technology, Data Privacy and Intellectual Property

| • |     | Business interruptions or systems failures, including any disruption in any of the blockchain networks we                                                                             
 support, may impair the availability of our websites, applications, products or services, result in a loss of customers or funds or otherwise have an adverse effect on our business. |

| • |     | Our services must integrate with a variety of operating systems, software,