Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 186

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 186
---
 and international banks, we plan to attract their customers to experience our capability to send and receive payments internationally with our technology and services. See “—Our Partnerships.” We entered into a partnership with the Stellar Development Foundation (“SDF”) in 2023, an important developer in the blockchain industry, and became a “Stellar Anchor” in February 2025. See “—Our 127

Partnerships.” This enables OwlPay to offer users access to a licensed and secure self-hosted payment wallet on the Stellar Network, providing a direct on/off-ramp solutions for
sending and receiving stablecoins. With the partnership with Stellar, we hope to enable additional payment routes supported by the infrastructure of Stellar for our OwlPay customers. After becoming a “Stellar Anchor,” we expect to
reach out to new customers on the Stellar Network with our service offering of seamless onboarding for customers onto OwlPay Wallet Pro, providing users with easy on/off-ramping to transfer fiat currency or stablecoin within the OwlPay
payment service. For other blockchains that we support currently or expect to support, including Ethereum and Solana, we also expect to provide our on/off-ramping capabilities to other wallet providers through our API package, OwlPay Harbor.
Additionally, we expect to provide certain of our solutions under OwlPayto financial institutions intending to leverage stablecoin payments, such as white label wallet and AML/KYC service package.

We also aim to provide stablecoin and digital wallet solutions to emerging markets, such as South America and East Europe, to help tens of
millions of unbanked small businesses to receive and send payments with stablecoin.

Explore Strategic Acquisitions and Transactions

We periodically consider acquisition opportunities that expand or enhance our payment network and are strategically beneficial to
our long-term goal. For example, following the successful acquisition of PayNow in May 2023, a payment gateway in Taiwan, we plan to continue to acquire payment gateways and/or licensed financial institutions. By acquiring payment gateways, we will
be able to expand our customer base and cross-sell our blockchain solutions and inventory management services. In addition, we plan to acquire PMS providers in order to grow our customer base in the hospitality sector, which could also become
cross-selling opportunities for our payment solutions.

Expand Regional Licensing and Approvals to Operate in Additional Jurisdictions

In addition to our current licenses and application in the United States, Japan, Singapore and Hong Kong, we plan to
further expand our capabilities by acquiring relevant payment service