Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 177

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 177
---
 revenue and broaden their total addressable markets: adoption at application layer, by enabling faster and more secure payment gateways, using smart contracts to automate invoice processing and offering digital
wallet solutions along with traditional methods between merchants and customers; and at the infrastructure layer, by using distributed ledgers and stablecoin for faster, secure and transparent settlements between existing financial systems and
public blockchain networks.

OwlPaydifferentiates itself by the comprehensive and flexible service offerings, which are rooted
from our experience and understanding of the real world cross-border business payments needs. It also stands out in its regulatory landscape and extensive AML and KYC package. For SMEs that are used to the legacy cross-border payment infrastructure,
OwlPay offers them a platform to seamlessly transition to the possibility of stablecoin payments that are faster, cheaper, more transparent, and more accessible.

Development Strategies

By offering a set of different solutions on the OwlPay platform, we can maximize the flexibility to meet the payment needs of different
types of customers, including SMEs, large enterprises, individuals and banks. By partnering with multiple fiat currency and stablecoin settlement networks, the OwlPay platform can provide our customers with the liberty to pick and choose
their desired way to conduct payments. We also expect to leverage our existing payment gateway customers, and further extend our offerings to our existing customers to include business payout to their vendors globally. We also expect to launch
OwlPay on large online e-commerce platforms, such as Shopify, to reach an even broader set of customers internationally.

To continue expanding our reach in global markets in compliance with local regulatory regimes, we have obtained and are continuing our efforts
to obtain licenses in various jurisdictions. We have obtained MSB registration with the U.S. federal government, MTLs from a total of 30 states in the United States and the VASP registration in Poland, and are in the process of applying for and
obtaining additional relevant licenses in jurisdictions including the United States, Japan, Singapore and Hong Kong.

Our Current Products and Services

Since our founding, we have developed, and are continuing to develop and deploy, a range of technology products and services,
including through blockchain technology, to meet the needs of specific business sectors and to address the common challenges faced by our customers. Our e-commerce platform empowers local merchants and
continues to meet the needs of SMEs in our target markets. We manage a suite of products and services tailored to the needs of the hospitality industry. We are developing financial technology products and services for our customers