Company: OWLS
Filing Date: 2025-08-01
Form Type: DRS/A
Source: 0000950123-25-006894
Chunk: 179

Company: OBOOK HOLDINGS INC.
Filing Date: 2025-08-01
Form: DRS/A
Chunk 179
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 whether as business payment to vendors or individual remittances to family. With our payment gateway services, the merchant-payees receiving consumer payments are also our customers.
Additionally, payees can open a wallet through OwlPay Wallet Pro to receive funds. We also offer OwlPay Harbor, our proprietary API package that enables third-party users to access our capabilities—stablecoin payment gateway
integration, payout services, and conversion—including on/off-ramp and cross-chain transactions, where third-party wallet providers and financial institutions are our customers for our seamless fiat-to-stablecoin conversions and payout
services, which these customers could further extend to their end users. Our services provide businesses and individuals with a flexible bridge between traditional finance and digital assets, improving liquidity and transaction efficiency, and
enable merchants and platform operators to quickly settle payments with customers who prefer using digital assets. Our key target markets for payment service expansion include the United States, Japan, the EU, South America, Singapore and Hong Kong.
We hope to leverage our collaborators’ networks and establish connections with financial institutions to expand our customer base. OwlPayis targeting wallet service providers, financial institutions, e-commerce platforms, and large
OTAs. We also anticipate serving merchants in other segments, such as ticketing companies that process flight and transportation bookings, as well as logistics companies that handle international merchandise shipments, both of which rely heavily on
global vendor payments and cross-border transactions. As an example of our customer for payment services, OwlPay has a contracted customer that is a digital assets economy participant, which provides platforms for its clients to engage in
fintech innovation and digital asset management. As these clients of our customer conducts business using USDC, our customer has set up a hosted wallet through OwlPay Wallet Pro to receive USDC from their clients and, through our on/off-ramp
services, facilitate conversion from USDC into USD for their clients, and thus streamlining the financial operations.

Our
hospitality services include software services and platform services. OwlNest andOwlJourney serve SMEs in the hospitality sector, including hotels and B&Bs. OwlTing Experiences provides travelers with travel
activities and experiences as we connect with travel experience business owners and OwlStay provides travelers with room accommodation services. Our hospitality services have footprints into several regional markets, including Taiwan, Japan,
Malaysia, Thailand and the United States. OwlTing Market, our e-commerce platform, provides a platform for farmers and small business owners in Taiwan to extend their reach to end consumers.

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