Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 123

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 123
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 Acquisition was consummated on January 1, 2023. As the Acquisition and related transactions are being reflected as if they had occurred at the beginning of the period presented, the weighted average shares outstanding for basic and diluted net loss per share was not affected by the Acquisition. The basic and diluted loss per share for OBOOK Holdings Inc.’s Common Shares are calculated by net loss divided by the weighted average of OBOOK Holdings Inc.’s Common Shares outstanding in 2023 of 78,079,203 shares. 85

DILUTION If you invest in the ADSs, your interest will be diluted to the extent of the difference between the initial public offering price per ADS and our net tangible book value per ADS after this offering. Dilution results from the fact that the initial public offering price per Class A Common Share is substantially in excess of the book value per Class A Common Share attributable to the existing shareholders for our presently outstanding Class A Common Shares. Our net tangible book value as of was approximately US$ million, or US$ per Class A Common Share as of that date and US$ per ADS. Net tangible book value represents the amount of our total consolidated tangible assets, less the amount of our total consolidated liabilities. Dilution is determined by subtracting net tangible book value per Class A Common Share, after giving effect to the additional proceeds we will receive from this offering, from the assumed initial public offering price of US$ per Class A Common Share, which is the midpoint of the estimated initial public offering price range set forth on the front cover of this prospectus adjusted to reflect the ADS-to-ClassA common ratio, and after deducting underwriting discounts and commissions and estimated offering expenses payable by us. Without taking into account any other changes in pro forma net tangible book value after , other than to give effect to our sale of the ADSs offered in this offering at the assumed initial public offering price of US$ per ADS, which is the midpoint of the estimated initial public offering price range, after deduction of the underwriting discounts and commissions and estimated offering expenses payable by us, our pro forma as adjusted net tangible book value as of would have been US$ , or US$ per Class A Common Share and US$ per ADS. This represents an immediate increase in net tangible book value of US$ per Class A Common Share and US$ per ADS to the existing shareholders and an immediate dilution in net tangible book value of US$ per Class A Common Share and US$ per ADS to investors purchasing ADSs in this offering. The following