OBOOK HOLDINGS INC. (OWLS) Form 6-K — Nov 9, 2026
OBOOK Holdings (OWLS) entered a Securities Purchase Agreement on November 6, 2026 with Lind Global Asset Management XV LLC to issue a $5.75M senior secured convertible note (15% OID) and a warrant for 1,084,128 shares for gross proceeds of $5 million — its second Lind financing, bringing cumulative funding to $15 million. The note is interest-free, matures in 18 months, and converts at $3.57 per share; starting March 2027 Lind may convert up to $410,714 monthly at 92.5% of the two lowest daily VWAPs over 10 trading days, creating meaningful dilution. The note is secured by substantially all assets, with subsidiary guarantees and share pledges.
Key figures
- Warrant Shares
- 1084128
- Commitment Fee Usd
- 150000
- Gross Proceeds Usd
- 5000000
- Note Principal Usd
- 5750000
- April Financing Usd
- 10000000
- Enterprise Clients
- 100
- Warrant Term Months
- 60
- April Warrant Shares
- 850340
- Note Maturity Months
- 18
- Repurchase Premium Pct
- 5
- Monthly Repayment Cap Usd
- 410714
- Note Conversion Price Usd
- 3.57
- Cash Repayment Premium Pct
- 5
- Class BShares Outstanding
- 50508000
- Warrant Exercise Price Usd
- 3.07
- Cumulative Lind Funding Usd
- 15000000
- Original Issue Discount Pct
- 15
- Harbor Annualized Volume Usd
- 300000000
- Shares Reserved Note Conversion
- 11500000
- April Note Conversion Price New Usd
- 6.9
- April Note Conversion Price Old Usd
- 9
- Monthly Repayment Price Pct Of Vwap
- 92.5
- Registration Filing Deadline Days
- 60
- April Warrant Exercise Price Old Usd
- 7.82
- Registration Effectiveness Deadline Days
- 120
AI analysis
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