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OwlTing Group (NASDAQ: OWLS) Announces 12-Month Lock-Up Extension Supported by SBI and Legacy Shareholders Representing More Than 99% of Subject Shares
Extension aims to reflect long-term alignment among core shareholders and is expected to mitigate potential near-term share supply dynamicsARLINGTON, Va., April 20, 2026 (GLOBE NEWSWIRE) -- OwlTing Group (NASDAQ: OWLS) (“OwlTing” or the “Company”), the operating brand of OBOOK Holdings Inc., a global fintech company, today announced that SBI Holdings, Inc. ("SBI") and the Company's relevant legacy shareholders, representing more than 99% of the shares subject to the extension, have agreed to ext
About this update from Sbi Holdings Incorporated
[{"type":"image","alt":"OwlTing Group","displaySize":"","headline":null,"caption":"OwlTing Group","className":"","disableSlideshowImg":false,"size":{"original":{"width":300,"height":76,"url":"https://media.zenfs.com/en/globenewswire.com/2546a8599598147572797aeca57e12ca"},"resized":{"url":"https://s.yimg.com/ny/api/res/1.2/AlpG39GAnLP9CbIKCmOaSg--/YXBwaWQ9aGlnaGxhbmRlcjt3PTQyMDtoPTEwNg--/https://media.zenfs.com/en/globenewswire.com/2546a8599598147572797aeca57e12ca","width":300,"height":76}},"lazy":false},{"type":"text","content":"Extension aims to reflect long-term alignment among core shareholders and is expected to mitigate potential near-term share supply dynamics","length":139,"tagName":"p"},{"type":"text","content":"ARLINGTON, Va., April 20, 2026 (GLOBE NEWSWIRE) -- OwlTing Group (NASDAQ: OWLS) (“OwlTing” or the “Company”), the operating brand of OBOOK Holdings Inc., a global fintech company, today announced that SBI Holdings, Inc. ("SBI") and the Company's relevant legacy shareholders, representing more than 99% of the shares subject to the extension, have agreed to extend their lock-up arrangements with the Company for an additional 12 months.","length":451,"tagName":"p"},{"type":"text","content":"The extension is expected to provide increased visibility into the Company's public float over the coming year and to mitigate the potential for near-term market dislocation that could be associated with concentrated liquidity events. OwlTing believes the extension reflects the sustained participation of its long-term shareholders and their continued alignment with the Company's strategic direction.","length":410,"tagName":"p"},{"type":"text","content":"“We are grateful for the sustained support from SBI, Mr. Yoshitaka Kitao, and our long-term shareholders,” said Darren Wang, Founder and CEO at OwlTing Group. “This alignment reflects a shared long-term view of the Company, and allows OwlTing to stay focused on advancing its global payment infrastructure and executing its compliance-first growth strategy.”","length":358,"tagName":"p"},{"type":"text","content":"OwlTing's regulatory footprint spans 41 U.S. states1, supporting OwlPay, its compliant, cross-border payment infrastructure2 for global enterprises. Beyond the United States, the Company continues to advance its global regulatory roadmap, currently operating under a Virtual A...