Business
D. Boral Capital Acted as Exclusive Financial Advisor to OBOOK Holdings Inc. (Nasdaq:OWLS) in Connection with its Direct Listing
NEW YORK CITY, NY / ACCESS Newswire / October 21, 2025 / On October 17, 2025, OBOOK Holdings Inc. (NASDAQ:OWLS) ("OBOOK" or the "Company"), a blockchain technology company operating as the OwlTing Group, announced the direct listing of its Class A ...
About this update from Obook Holdings Inc.
[{"type":"text","content":"NEW YORK CITY, NY / ACCESS Newswire / October 21, 2025 / On October 17, 2025, OBOOK Holdings Inc. (NASDAQ:OWLS) ("OBOOK" or the "Company"), a blockchain technology company operating as the OwlTing Group, announced the direct listing of its Class A common shares on the Nasdaq Global Market ("Nasdaq") under the ticker symbol "OWLS".","length":372,"tagName":"p"},{"type":"text","content":"OBOOK's Class A common shares opened at $68.00 per share, representing a 580% increase from its reference price of $10.00 per share1, and closed at $55.55 per share at market close day, up over 450% from the reference price and prior private placement valuation. At the closing price, OBOOK's market capitalization reached approximately $4.9 billion.","length":358,"tagName":"p"},{"type":"text","content":"D. Boral Capital LLC acted as Exclusive Financial Advisor to the Company in connection with its direct listing, and Sichenzia Ross Ference Carmel LLP acted as U.S. counsel to D. Boral Capital LLC. Sullivan & Cromwell LLP acted as U.S. counsel to the Company. KPMG acted as the Company's independent auditor.","length":315,"tagName":"p"},{"type":"text","content":"A registration statement on Form F-1 (File Number: 333-290018), as amended, relating to the direct listing (the "Registration Statement") was filed with the U.S. Securities and Exchange Commission (the "SEC") and was declared effective by the SEC on September 29, 2025. The direct listing was made only by means of a prospectus forming part of the Registration Statement. Copies of the prospectus relating to the direct listing may be obtained via the SEC's website at www.sec.gov." The Company's trading performance on the first day of trading does not indicate its future trading performance.","length":627,"tagName":"p"},{"type":"text","content":"1 The reference price for the direct listing of OBOOK Holdings Inc. was set at US$10.00 per share, based on the Company's latest private placement completed in August 2025. This price served as a market-based benchmark prior to trading.","length":240,"tagName":"p"},{"type":"text","content":"About OBOOK Holdings Inc.","length":25,"tagName":"p"},{"type":"text","content":"OBOOK Holdings Inc. is a blockchain technology company operating as the OwlTing Group. The Company...