Company: OWLS
Filing Date: 2025-09-24
Form Type: F-1/A
Source: 0001193125-25-213968
Chunk: 220

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-09-24
Form: F-1/A
Chunk 220
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 and subject to automatic extension for periods of one year unless the lender provides 30 days’ advance notice.

147

DESCRIPTION OF SHARE CAPITAL

A summary of the material provisions governing the Company’s share capital following the direct listing is described below. This summary
is not complete and should be read together with the Company’s Third Amended and Restated Memorandum and Articles of Association, which would be effective immediately prior to the completion of the initial listing on a national securities
exchange of the Company’s Class A Common Shares, a copy of which is appended to this prospectus as Exhibit 3.2.

The Company is a
Cayman Islands exempted company with limited liability and its affairs are governed by the Company’s memorandum and articles of association, the Companies Act, and the common law of the Cayman Islands. Under the Company’s Third Amended
and Restated Memorandum and Articles of Association, the objects of the Company are unrestricted, and the Company has full power and authority to carry out any object not prohibited by the Companies Act or any other law of the Cayman Islands.

The Company’s authorized share capital is US$1,000,000 divided into (i) 924,000,000 Class A Common Shares, with nominal or par value of
US$0.001 per share, (ii) 75,000,000 Class B Common Shares, with nominal or par value of US$0.001 per share and (iii) 1,000,000 Class A Preferred Shares, with nominal or par value of US$0.001 per share, as the Board and the shareholders of the
Company may determine in accordance with the Articles. All Common Shares issued and outstanding were fully paid and non-assessable. The Company has also previously issued certain Class A Preferred Shares, par value US$0.001 per share, which are not
convertible into any other shares of the Company, and which the Company is obligated to, and expects to, redeem in full shortly after the consummation of this listing. For further information on the redemption of Class A Preferred Shares, see Note
15, “Preference share liabilities” to our consolidated financial statements included elsewhere in this registration statement.

The following are summaries of the material provisions of the Company’s Third Amended and Restated Memorandum and Articles of
Association and the Companies Act insofar as they relate to the material terms of the Common Shares.

Common Shares

Voting Rights

Subject to different rules applied to the situation of variations of rights of