OBOOK Holdings Inc. Announces 12-Month Lock-Up Extension
OBOOK Holdings Inc., operating as OwlTing Group, announced that SBI Holdings, Inc. and relevant legacy shareholders, representing over 99% of the subject shares, have agreed to extend their lock-up agreements for an additional 12 months. This extension is intended to provide greater visibility into the company's public float over the next year and to mitigate potential market disruptions from concentrated liquidity events. OwlTing Group views this as a reflection of sustained support from long-term shareholders and their alignment with the company's strategic direction. The company, a global fintech firm, highlighted its focus on advancing its global payment infrastructure and a compliance-first growth strategy, noting its regulatory presence in 41 U.S. states and international licenses in the EU and Japan. The extension supports OwlTing's ongoing execution of its global regulatory and business roadmap.