Company: OWLS
Filing Date: 2025-02-07
Form Type: DRS/A
Source: 0000950123-25-001222
Chunk: 10

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-02-07
Form: DRS/A
Chunk 10
---
 a platform dedicated to enabling Taiwanese local businesses and farmers to

6

reach out directly to end consumers. We offer consumers diverse and high-quality products through OwlTing Market’s stable partnerships with small- and medium-sized farmers and businesses in Taiwan. We expanded our footprint into the hospitality sector in 2018 by introducing OwlNest, a powerful and easy-to-usehotel PMS leveraging blockchain technology, which now connects more than 2,500 hospitality providers with their customers. OwlNestalso facilitates unique travel experiences under our OwlJourneyand OwlTing Experiencesbrands. In 2023, we launched OwlPay, a payment platform specifically developed to simplify backend financial operations in connection with cross-border transactions. In May 2023, we further enhanced our payments offerings by acquiring PayNow, a prominent Taiwanese payment gateway service provider, in order to deliver current and future one-stoppayment solutions from payment gateway to business payout solutions with fiat currency, credit cards and stablecoin. Today, we have an international team of more than 200 professionals, dedicated to driving innovation, simplifying complex processes and fostering global connections through blockchain technology. Our strategic partners include SBI Holdings, a leading Japanese financial services company that made an investment of US$17.5 million in us in 2018. Additional investments in our company include those from the major shareholder and chairman of Globe Union Industrial Corp (TPE: 9934) in 2017, the owner family of Howard Hotel Group in 2018, the National Development Fund, Executive Yuan of Taiwan in 2020, MaiCoin and the owner family of Taiwan Toyota (Hotai Motor Co., Ltd., TPE: 2207) in 2022, the Stellar Development Fund in 2023, Taiwan-based family funds and United Kingdom-based institutional investors in 2024. Summary of Risk Factors You should carefully consider all of the information in this prospectus before making an investment in the ADSs, especially the risks and uncertainties discussed under “Risk Factors,” and information contained in “Management’s Discussion and Analysis of Financial Condition and Results of Operations.” Please find below a summary of the principal risks and uncertainties we face, organized under relevant headings. These risks are discussed more fully in “Risk Factors.” Risks Related to Our Business and Industry and Our Operations

| • |     | Our growth may not be sustainable and depends on our ability to retain existing customers and users, attract new 
 customers and users and increase processed volumes and revenue from both new and existing customers and users.   |