Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 122

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 122
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 had the Acquisition taken place on the dates indicated, nor are they indicative of the future financial consolidated results of operations or financial position of the post-Acquisitioncompany. The unaudited pro forma condensed consolidated financial statements do not reflect the income tax effects of the pro forma adjustments as based on the statutory rate in effect for the historical periods presented. Adjustments to Unaudited Pro Forma Condensed Consolidated Financial Statements The following unaudited pro forma condensed consolidated financial statements have been prepared in accordance with Article 11 of Regulation S-X. The Adjustments Amounts included in the unaudited pro forma condensed consolidated statement of profit and loss and other comprehensive income (loss) for the year ended December 31, 2023 are as follows:

84

| (b) | Represents the historical figures of PayNow derived from the audited financial statement of profit or loss and                                                                                                                                       
 other comprehensive income for the four months ended April 30, 2023, which reflected the operating result of PayNow before the Acquisition. The audited financial statement of profit or loss and other comprehensive income of PayNow was expressed 
 in New Taiwan dollars, and the revenue and expense accounts were translated into U.S. dollars using the average exchange rate for that period of NT$30.40 to US$1.00.                                                                                |

| (c) | Reflects the elimination of the revenue of US$81,138 recognized in accordance with the agreement with PayNow to                                                                                                                          
 collect payments made by OBOOK Holdings Inc.’s customers from January 1, 2023 until the date ending prior to the Acquisition; and reflects the corresponding elimination of costs of revenue of US$80,220 and general and administrative 
 expenses of US$918 that were historically recognized by OBOOK Holdings Inc. from January 1, 2023 until the date ending prior to the Acquisition.                                                                                         |

| (d) | Reflects the amortization expense of US$9,916 related to the intangible assets acquired from business 
 combinations and amortized from January 1, 2023 until the date ending prior to the Acquisition.       |

Net Loss per Share Represents the net loss per share calculated using the weighted average of OBOOK Holdings Inc.’s Common Shares outstanding, assuming the 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