Company: OWLS
Filing Date: 2025-01-24
Form Type: DRS/A
Source: 0000950123-25-000547
Chunk: 282

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-01-24
Form: DRS/A
Chunk 282
---
 |  7,516,695 |   |     |      |    350,663 |   |
| Effect of exchange rate changes on cash and restricted cash               |     |      |    (31,128 | ) |     |      |  2,095,734 |   |
| Net increase in cash and restricted cash                                  |     |      |  5,416,174 |   |     |      |    758,793 |   |
| Cash and restricted cash at beginning of year                             |     |      |  2,580,834 |   |     |      |  1,822,041 |   |
| Cash and restricted cash at end of year                                   |     |    $ |  7,997,008 |   |     |      |  2,580,834 |   |

The accompanying notes are an integral part of these consolidated financial statements. F-8

OBOOK HOLDINGS INC. AND SUBSIDIARIES Notes to the Consolidated Financial Statements For the years ended December 31, 2023 and 2022 (Expressed in US Dollars, Unless Otherwise Specified)

| NOTE 1. | Reporting Entity |

Obook Holdings Inc. was incorporated in the Cayman Islands on April 20, 2011. The registered office of the company is at the offices of Gold In (Cayman) Co., Ltd., located at Suite 102, Cannon Place, North Sound Rd., George Town, Grand Cayman, Cayman Islands. The principal executive office is located at 3F., No. 215, Sec. 3, Beixin Rd., Xindian Dist., New Taipei City 231030, Taiwan (R.O.C.). The company and its subsidiaries (collectively referred to as the “Company”) specialize in blockchain technology, providing innovative solutions to customers in various sectors, including financial services, e-commerce,and hospitality. The principal operating activities of the Company are described in Note 4(b).

| NOTE 2. | Basis of Preparation |

| (a) | Statement of compliance |

The consolidated financial statements have been prepared in accordance with International Financial Reporting Standards (“IFRS”) as issued by the International Accounting Standards Board (“IASB”). These consolidated financial statements were authorized for issuance by the Board of Directors on August 20, 2024.

| (b) | Basis of measurement |

The consolidated financial statements have been prepared on the historical cost basis except for financial liabilities at fair