Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 286

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 286
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 or financial condition. The Company believes that its existing cash as of December 31, 2023, combined with the cash proceeds received from issuance of the Company’s shares through F-9

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements (Continued) private offering subsequent to December 31, 2023 disclosed in Note 26. “Subsequent Events” will be sufficient to allow the Company to fund operations for at least one year from the issuance date of these financial statements.

| NOTE 3. | Application of New and Revised IFRS as Issued by the IASB |

| (a) | Amendments to IFRSs and the new interpretation that are mandatorily effective for the current year |

| New, Revised or Amended Standards and                                                      
 Interpretations                                                                            
 Amendments to IAS 1 “Disclosure of Accounting Policies”                                    
 Amendments to IAS 8 “Definition of Accounting Estimates”                                   |     | Effective date per 
 IASB               | January 1, 2023 
 January 1, 2023 |
|:-------------------------------------------------------------------------------------------|:----|:-------------------|:----------------|
| Amendments to IAS 12 “Deferred Tax related to Assets and Liabilities arising from a Single 
 Transaction”                                                                               |     |                    | January 1, 2023 |
| IFRS 17 “Insurance Contracts”                                                              |     |                    | January 1, 2023 |
| Amendments to IFRS 17 “Insurance Contracts”                                                |     |                    | January 1, 2023 |
| Amendments to IFRS 17 “Initial Application of IFRS 17 and IFRS 9 - Comparative             
 Information”                                                                               |     |                    | January 1, 2023 |
| Amendments to IAS12 “International Tax Reform-Pillar Two Model Rules”                      |     |                    | May 23, 2023    |

The adoption of the aforementioned IFRSs did not have a material impact on the consolidated financial statements.

| (b) | New and revised standards, amendments and interpretations in issue but not yet effective |

In preparing the accompanying consolidated financial statements, the Company has not adopted the following International Financial Reporting Standards (“IFRS”), International Accounting Standards (“IAS”), Interpretations developed by the International Financial Reporting Interpretations Committee (“IFRIC”) or the former Standing Interpretations Committee (“SIC”) issued by the International Accounting Standards Board (“IASB”) (collect