Company: OWLS
Filing Date: 2025-08-01
Form Type: DRS/A
Source: 0000950123-25-006894
Chunk: 278

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-08-01
Form: DRS/A
Chunk 278
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 conversion price of $4.8975. The conversion date as of June 6, 2024, the fair values of the SAFE agreements, based on a valuation conducted by a third-party valuation specialists, was $1,866,666. The outstanding principal amounts were $0 and $1,500,000 as of December 31, 2024 and 2023, respectively. The Company recognized a loss on financial liabilities at fair value through profit or loss of $259,418 and $143,693 for the years ended December 31, 2024 and 2023, respectively.

| NOTE 15. | Preference Share Liabilities |

|                                          |     |   | December 31, 
         2024 |   |     |     | December 31, 
         2023 |   |
|:-----------------------------------------|:----|:--|-------------:|:--|:----|:----|-------------:|:--|
| Preference share liabilities             |     | $ |    1,976,365 |   |     |     |    2,067,326 |   |
| Less: current portion                    |     |   |     (406,366 | ) |     |     |     (101,592 | ) |
| Non-current preference share liabilities |     | $ |    1,569,999 |   |     |     |    1,965,734 |   |

The Company has issued a total of 1,000,000 preference shares (“Class A Preferred Shares”), with a par value of $0.001, subscribed by the National Development Fund Management Committee of the Executive Yuan (the “Investor”), which was approved by the resolution of the shareholders’ meeting on June 8, 2020. The subscription price for Class A Preferred Shares was New Taiwan Dollar (NT$) 60 per share (approximately $2.03), with a total investment amount of NT$60,000,000 (approximately $2,031,832), and the stock registration procedures have been completed in accordance with relevant laws and regulations. The rights and obligations of the Company issuing Class A Preferred Shares are as follows:

| (a) | Except for matters concerning shareholders rights of Class A Preferred Shares and at the Class A                                                                        
 Preferred Shares shareholders meetings, holders of Class A Preferred Shares do not have any other voting rights including the rights to elect Directors or Supervisors. |

| (b) | Other than as stipulated below