OBOOK Holdings Inc. Announces Successful Direct Listing on Nasdaq
OBOOK Holdings (NASDAQ: OWLS) completed a successful direct listing on Nasdaq on October 17, 2025. Class A shares opened at $68.00 (a 580% increase versus the $10.00 reference price) and closed at $55.55, up over 450% from the reference price; market capitalization at close was approximately US$4.9 billion. The reference price of $10.00 was set from a private placement in August 2025. The SEC declared the company’s Form F-1 effective on September 29, 2025. Management cited improved liquidity, market-based valuation, and focus on stablecoin and blockchain payments. Legal and financial advisors and auditor were disclosed in the filing.
OBOOK Holdings (NASDAQ: OWLS) ha completato con successo una quotazione diretta Nasdaq il 17 ottobre 2025. Le azioni di Classe A hanno aperto a 68,00 dollari (un aumento del 580% rispetto al prezzo di riferimento di 10,00) e hanno chiuso a 55,55 dollari, con un rialzo superiore al 450% rispetto al prezzo di riferimento; la capitalizzazione di mercato al close era di circa US$4,9 miliardi. Il prezzo di riferimento di 10,00 dollari è stato fissato da un'offerta privata nell'agosto 2025. La SEC ha dichiarato efficace il Form F-1 dell'azienda il 29 settembre 2025. La direzione ha indicato migliorata liquidità, valutazione basata sul mercato e focalizzazione su pagamenti in stablecoin e blockchain. Consulenti legali e finanziari e revisore dei conti sono stati indicati nella presentazione.
OBOOK Holdings (NASDAQ: OWLS) completó con éxito una cotización directa en Nasdaq el 17 de octubre de 2025. Las acciones de Clase A iniciaron en 68,00 dólares (un aumento del 580% respecto al precio de referencia de 10,00) y cerraron en 55,55 dólares, por encima del 450% respecto al precio de referencia; la capitalización de mercado al cierre fue de aproximadamente US$4,9 mil millones. El precio de referencia de 10,00 dólares fue establecido a partir de una colocación privada en agosto de 2025. La SEC declaró efectivo el Formulario F-1 de la empresa el 29 de septiembre de 2025. La dirección citó una liquidez mejorada, valoración basada en el mercado y enfoque en pagos con stablecoins y blockchain. Los asesores legales y financieros y el auditor se divulgaron en la presentación.
OBOOK Holdings (NASDAQ: OWLS)가 2025년 10월 17일 나스닥에서 성공적으로 직접 상장을 완료했습니다. 클래스 A 주식은 68.00달러에 시가를 형성했고(참고가 10.00달러에 비해 580% 상승), 종가는 55.55달러로 참고가 대비 450% 이상 상승했습니다. 종가 기준 시가총액은 약 US$4.9억 달러였습니다. 10.00달러의 기준가는 2025년 8월의 비공개 배정에서 설정되었습니다. SEC는 회사의 F-1 양식을 2025년 9월 29일에 유효하다고 선언했습니다. 경영진은 유동성 개선, 시장 기반 평가, 스테이블코인 및 블록체인 결제에 대한 집중을 언급했습니다. 서류에는 법률·재무 자문가와 감사인이 공개되어 있습니다.
OBOOK Holdings (NASDAQ : OWLS) a réussi une cotation directe sur Nasdaq le 17 octobre 2025. Les actions de Classe A ont ouvert à 68,00 dollars (une hausse de 580 % par rapport au prix de référence de 10,00 dollars) et ont clôturé à 55,55 dollars, en hausse de plus de 450 % par rapport au prix de référence ; la capitalisation boursière à la clôture était d'environ US$4,9 milliards. Le prix de référence de 10,00 dollars a été établi à partir d’un placement privé en août 2025. La SEC a déclaré effectif le formulaire F-1 de l’entreprise le 29 septembre 2025. La direction a évoqué une meilleure liquidité, une valorisation basée sur le marché et un focus sur les paiements en stablecoin et blockchain. Les conseillers juridiques et financiers et l’auditeur ont été divulgués dans le dossier.
OBOOK Holdings (NASDAQ: OWLS) hat am 17. Oktober 2025 erfolgreich einen Direct Listing an der Nasdaq abgeschlossen. Die Aktien der Klasse A eröffneten bei 68,00 USD (eine Steigerung um 580 % gegenüber dem Referenzpreis von 10,00 USD) und schlossen bei 55,55 USD, mehr als 450 % über dem Referenzpreis; die Marktkapitalisierung zum Schluss betrug etwa US$4,9 Milliarden. Der Referenzpreis von 10,00 USD wurde aus einer Privatplatzierung im August 2025 festgelegt. Die SEC erklärte das Form F-1 der Gesellschaft am 29. September 2025 für wirksam. Das Management nannte verbesserte Liquidität, marktbasierte Bewertung und Fokus auf Stablecoin- und Blockchain-Zahlungen. Rechts- und Finanzberater sowie der Wirtschaftsprüfer wurden in der Einreichung offengelegt.
OBOOK Holdings (NASDAQ: OWLS) أكملت بنجاح إدراجاً مباشراً في ناسداك بتاريخ 17 أكتوبر 2025. افتتحت أسهم الفئة أ عند 68.00 دولاراً (زيادة قدرها 580% مقابل سعر المرجع 10.00 دولار) وأغلقت عند 55.55 دولاراً، بارتفاع يزيد عن 450% عن سعر المرجع؛ كانت الرسملة السوقية عند الإغلاق نحو US$4.9 مليار دولار. تم تحديد سعر المرجع البالغ 10.00 دولار من خلال طرح خاص في أغسطس 2025. أعلنت هيئة الأوراق المالية والبورصات أن نموذج F-1 للشركة أصبح ساري المفعول في 29 سبتمبر 2025. أشارت الإدارة إلى تحسن السيولة، والتقييم القائم على السوق، والتركيز على مدفوعات العملة المستقرة والبلوك تشين. كما تم الكشف عن المستشارون القانونيون والماليون والمدقق في الملف.
OBOOK Holdings (NASDAQ: OWLS) 于 2025年10月17日 成功完成在纳斯达克的直接上市。A类股票开盘价为 68.00 美元（较参考价 10.00 美元 上涨 580%），收盘价为 55.55 美元，较参考价上涨超过 450%；收盘时市值约为 US$4.90亿美元。10.00 美元的参考价来自 2025 年 8 月的一次私募。SEC 于 2025年9月29日 宣布公司 F-1 表格生效。管理层表示流动性改善、以市场为基础的估值以及对稳定币和区块链支付的关注。文件中披露了法律、财经顾问和审计师。
- Opening price of $68.00 (580% above reference)
- Closing price of $55.55 (over 450% above reference)
- Market capitalization at close ~US$4.9 billion
- SEC effective date of Form F-1: September 29, 2025
- Shareholder liquidity and market-based valuation noted by management
- First-day volatility evidenced by a large gap between reference and open
- Intraday decline from $68.00 open to $55.55 close (~18.3% drop)
Insights
OBOOK's Nasdaq direct listing produced a large first‑day valuation and strong short‑term investor demand.
The direct listing opened at
Key dependencies and risks include retention of trading momentum, public reporting obligations under the effective Form F‑1, and execution of the stated roadmap for stablecoin infrastructure; none of these items are quantified here. Watch short‑term trading volumes, subsequent quarterly filings after
First‑day price jump signals strong demand but raises questions about sustainable valuation.
The company completed a direct listing with a reference price of
Material items to monitor are near‑term trading stability, disclosure in forthcoming periodic reports, and any regulatory filings that affect the company’s stablecoin activities; these will determine whether the initial premium sustains beyond the listing day. Expect meaningful signals within the next
NEW YORK, Oct. 17, 2025 (GLOBE NEWSWIRE) -- OBOOK Holdings Inc. (NASDAQ: OWLS) ("OBOOK" or the "Company"), a blockchain technology company operating as the OwlTing Group, announced the successful direct listing of its Class A common shares on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “OWLS”.
OBOOK’s Class A common shares opened at
“We are proud to mark OBOOK’s debut on Nasdaq, which represents an important milestone in our Company’s growth,” said Darren Wang, Founder and CEO at OwlTing Group. “This strong market debut underscores investor confidence in our vision to leverage the blockchain technology and transform global payments through regulated stablecoin infrastructure.”
“Our direct listing reinforces our commitment to transparency and capital efficiency, while providing our shareholders with immediate liquidity and market-based valuation,” added Winnie Lin, CFO at OwlTing Group. “We remain focused on executing our roadmap for sustainable growth and stablecoin innovation.”
The Company believes that the strong debut reflects broad investor interest and confidence in the Company’s business model, growth momentum, and international expansion strategy. As Asia’s first fintech company to achieve a direct listing on Nasdaq with its Class A common shares, OBOOK believes that this direct listing marks a significant step forward for the region’s technology and financial innovation landscape.
Sullivan & Cromwell LLP acted as U.S. counsel to the Company. D. Boral Capital LLC acted as financial advisor to the Company in connection with this direct listing, and Sichenzia Ross Ference Carmel LLP acted as U.S. counsel to D. Boral Capital LLC. KPMG acted as the Company’s independent auditor.
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.
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1 The reference price for the direct listing of OBOOK Holdings Inc. was set at US
About OBOOK Holdings Inc.
OBOOK Holdings Inc. is a blockchain technology company operating as the OwlTing Group. The Company was founded and is headquartered in Taiwan, with subsidiaries in the United States, Japan, Poland, Singapore, Hong Kong, Thailand, and Malaysia. The Company operates a diversified ecosystem across payments, hospitality, and e-commerce. In 2025, according to CB Insights’ Stablecoin Market Map, OwlTing was ranked among the top 2 global players in the “Enterprise & B2B” category. The Company’s mission is to use blockchain technology to provide businesses with more reliable and transparent data management, to reinvent global flow of funds for businesses and consumers and to lead the digital transformation of business operations. To this end, the Company introduced OwlPay, a Web2 and Web3 hybrid payment solution, to empower global businesses to operate confidently in the expanding stablecoin economy. For more information, visit https://www.owlting.com/portal/?lang=en.
Safe Harbor Statement
Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “aim,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “likely,” “potential,” “project,” or “continue,” or the negative of these terms or other comparable terminology. The Company undertakes no obligation to publicly update or revise any forward-looking statements to reflect subsequent events or circumstances, except as required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot guarantee that such expectations will prove correct. The Company cautions investors that actual results may differ materially from those anticipated and encourages investors to review other factors that may affect its future results in the Company’s registration statement filed with and declared effective by the SEC and other filings with the SEC, available at www.sec.gov.
For investor and media enquiries, please contact:
OBOOK Holdings Inc. Investor Relations
Henry Fan, Investor Relations Director
ir@owlting.com
OBOOK Holdings Inc. Media Relations
Michael Hsu, Public Relations Director
pr_office@owlting.com
The Blueshirt Group, Investor Relations
Jack Wang, Managing Director
OwlTing@BlueshirtGroup.co
The Piacente Group, Investor Relations
Dana Cheng, Vice President
OwlTing@thepiacentegroup.com
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/83d0bd59-575a-4f89-99fb-1b5b438aeccd
FAQ
When did OBOOK (OWLS) begin trading on Nasdaq?
What were OBOOK's opening and closing prices on its first day (OWLS)?
How was the reference price for OWLS determined and what was it?
What market capitalization did OWLS reach on its first trading day?
When was OBOOK's registration statement declared effective by the SEC?
What did OBOOK say the direct listing provides for shareholders (OWLS)?
Where can investors obtain the prospectus for OBOOK's direct listing (OWLS)?
