Company: OWLS
Filing Date: 2025-08-01
Form Type: DRS/A
Source: 0000950123-25-006894
Chunk: 281

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-08-01
Form: DRS/A
Chunk 281
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 in which redemption is delayed; and (ii) the rights of the remaining outstanding Class A Preferred Shares under                
 these Articles and Schedule A shall not be adversely affected by the delay in redemption.                                                                                                                                                         |

| (k) | The Company recognized interest expenses of $41,109 and $42,381 for the years ended December 31, 2024 and 2023, 
 respectively.                                                                                                   |

| NOTE 16. | Equity |

| (a) | Share Capital |

|                                        |     |   | December 31, 
         2024 |     |     | December 31, 
         2023 |
|:---------------------------------------|:----|:--|-------------:|:----|:----|-------------:|
| Number of shares authorized            |     |   |  200,000,000 |     |     |  200,000,000 |
| Share capital authorized               |     | $ |      200,000 |     |     |      200,000 |
| Number of shares issued and fully paid |     |   |   80,865,751 |     |     |   78,079,203 |
| Share capital issued                   |     | $ |       80,866 |     |     |       78,079 |

The total issued share capital of the Company consists of common shares, divided into Class A Common Shares and Class B Common Shares, each with a par value of $0.001. There are two types of common shares, with each Class A Common Share representing 1 voting right and each Class B share representing 10 voting rights, with all other rights being equal. Each Class B Common Share is convertible into one Class A Common Share. However, each Class A Common Share is non-convertibleinto any other share, including but not limited to Class B Common Share. In addition, each Class B Common Share shall automatically, without any further action by the holder, converted into one fully paid and nonassessable Class A Common Share upon the occurrence of a transfer. In 2023 fundraising activities, the Company entered into several share subscription agreements (“SPAs”) with a total investment amount of $10,834,290. An investment amount of $10,784,290 was completed with equity registration on February 16, 2024. With the approval of the Board of Directors, 1,651,503 Class A Common Shares were issued, each with a par value of $0.001