OBOOK Holdings Inc. Senior Secured Convertible Note Financing

OBOOK Holdings Inc. has completed a senior secured convertible note financing, issuing a note for $11,500,000 and a common share purchase warrant to Lind Global Asset Management XV LLC. The note matures on October 6, 2027, and is convertible into Class A Common Shares at an initial price of $9.00 per share. The warrant is exercisable at $7.82 per share and expires on April 6, 2031. Both the note and warrant are secured by a first priority security interest in the company's assets. The financing was finalized on April 6, 2026, with all conditions met. The company will use the proceeds as outlined in the purchase agreement. This filing details the terms of the note, including interest, repayment, conversion, and events of default, as well as provisions for adjustments to the conversion price and remedies for default.