Company: OWLS
Filing Date: 2025-09-03
Form Type: F-1
Source: 0001193125-25-195057
Chunk: 277

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-03
Form: F-1
Chunk 277
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 services were held in the Company’s demand deposit accounts, without a contractual obligation to keep those amounts in a separate demand deposit or to restrict the use of the cash for specific purposes. Please refer to Note 19 and Note 20 for disclosures regarding credit risk, currency risk and sensitivity analysis of the financial assets and liabilities of the Company. As of December 31, 2024 and 2023, no cash was pledged with banks as collateral. F-24

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued)

| NOTE 7. | Notes and Accounts Receivable |

|                     |     |   | December 31, 
         2024 |     |     | December 31, 
         2023 |
|:--------------------|:----|:--|-------------:|:----|:----|-------------:|
| Notes receivable    |     | $ |            — |     |     |        4,025 |
| Accounts receivable |     |   |      299,359 |     |     |      353,356 |
| Total               |     | $ |      299,359 |     |     |      357,381 |

As of December 31, 2024 and 2023, the Company measured the loss allowance for accounts receivable using the simplified approach under IFRS 9, applying the lifetime expected credit losses. The Company’s accounts receivable mainly consisted of amounts due from the credit card company. Historically, there have been no default in accounts receivable; therefore, no expected credit losses were recognized for the years 2024 and 2023, respectively.

| NOTE 8. | Other Financial Assets – Current and Non-current |

|                                       |     |   | December 31, 
         2024 |     |     | December 31, 
         2023 |
|:--------------------------------------|:----|:--|-------------:|:----|:----|-------------:|
| Restricted cash in the trust account  |     | $ |    5,366,738 |     |     |    4,837,290 |
| Restricted time deposit – current     |     |   |       30,502 |     |     |       32,568 |
| Other financial assets – current      |     |   |    5,397,240 |     |     |    4,869,858 |
|