Financing ·
OBOOK Holdings raises $5M via secured convertible note and warrants from Lind Global
OWLSObook Holdings Inc.
OBOOK Holdings Inc. entered into a Securities Purchase Agreement with Lind Global Asset Management XV LLC to issue a Senior Secured Convertible Promissory Note with a principal amount of US$5,750,000 and Class A Common Share Purchase Warrants for up to 1,084,128 shares. The transaction yields aggregate gross proceeds of US$5,000,000, reflecting a 15% original issue discount on the note. Proceeds will support working capital, customer onboarding, and payment operations expansion. Concurrently, the company amended terms of its April 2026 financing with Lind, resetting the prior note's conversion price to US$6.90 per share and reducing the warrant exercise price to US$3.07 per share. The new note matures in 18 months, bears no interest, and is secured by substantially all company assets. OBOOK Holdings Inc. operates as a global fintech company building regulated payment infrastructure through its OwlPay platform.