OBOOK Holdings, which operates blockchain-powered service platforms for various industries, filed on Wednesday to register its shares with the SEC and complete a direct listing on the Nasdaq. The shares of common stock listed will be sold by existing shareholders; OBOOK will not raise new capital in its listing. The company did not disclose initial tradable float, a reference price, or anticipated timing of its listing.
From April 2025 to August 2025, OBOOK sold approximately 1.6 million shares in a private placement at a price of $10 per share.
Operating as the OwlTing Group, the company is focused on using blockchain technology to provide business solutions across various industries. Through its e-commerce, hospitality and payments offerings, OBOOK serves businesses and individuals whose commercial activities involve cross-border transactions. The company provides payment products and services under OwlPay, hospitality products and services under OwlNest and other names, and e-commerce platform and services under OwlTing Market.
The Taipei, Taiwan-based company was founded in 2010 and booked $8 million in revenue for the 12 months ended December 31, 2024. It plans to list on the Nasdaq under the symbol OWLS. OBOOK Holdings filed confidentially on August 20, 2024. As a direct listing without a firm commitment offering, there are no underwriters on the deal; instead, D. Boral Capital will serve as a financial advisor.
