Owlting Group (NASDAQ: OWLS) Secures Additional US$5 Million Financing from The Lind Partners
Net proceeds are intended to fund enterprise customer onboarding, payment liquidity and additional payment corridors.
Sentiment and the balance of points
Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.
Rhea-AI Summary
Owlting Group (NASDAQ: OWLS) closed US$5 million in follow-on financing with Lind Global Asset Management XV to support OwlPay operations. The financing follows Lind’s initial US$10 million investment in April 2026, bringing cumulative gross funding to US$15 million. It consists of a senior secured convertible note and an accompanying warrant. The parties also amended the April financing’s note conversion price and warrant exercise price.
Owlting plans to fund customer onboarding, payment liquidity pools and operations, regulatory licenses and additional payment corridors. Harbor recorded its eighth consecutive month of sequential stablecoin payment-volume growth in September 2026, with annualized volume exceeding US$300 million. More than 100 enterprise clients had signed Services Agreements as of October 19; completed payments reached approximately 50 countries and territories during the first nine months of 2026. These operating metrics are unaudited.
How this balance works
Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.
It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.
Rhea-AI Sentiment measures something else, the tone of the wording.
Hollow bars mark forward-looking points. How the balance works
Positive
- Moderate pointUS$5 million follow-on financing closed with Lind, adding funding for OwlPay operations. 2.6% of market cap
- Moderate pointHarbor payment volume recorded its eighth consecutive month of sequential growth in September 2026.
- Moderate pointAnnualized stablecoin payment volume exceeded US$300 million in September 2026.
- Moderate pointMore than 100 enterprise clients had executed Services Agreements as of October 19, 2026.
- Minor point. Forward-looking: it has not happened yet and may not happen.Net proceeds are intended to support customer onboarding, payment liquidity, operations, regulatory licenses and additional corridors.
- Minor pointCompleted Harbor payments reached approximately 50 countries and territories during the first nine months of 2026.
Negative
- Moderate pointSenior secured convertible note and accompanying warrant add debt and potential shareholder dilution.
- Minor pointAnnualized payment volume is an unaudited derived measure, not actual annual volume, revenue or financial guidance.
News Explained
The release leaves the amended note conversion and warrant exercise prices unspecified; Owlting says the financing and amendment details will be furnished on Form 6-K.
Details
Market move: OWLS +4.42% vs previous close. US$5 million follow-on financing
On Nov 9, the day this news came out, the latest delayed price for OWLS is 4.42% above the previous close. Argus tracked a trough of -11.5% from its starting point during tracking. Our momentum scanner has recorded 3 alerts for this stock so far that day. The latest delayed price is $2.25.
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Key Figures
- Follow-on financing
- US$5 million
- Closed financing from Lind
- Initial investment
- US$10 million
- Lind investment in April 2026
- Cumulative gross funding
- US$15 million
- Total funding from Lind after the follow-on financing
- Annualized stablecoin payment volume
- Exceeded US$300 million
- OwlPay Harbor, September 2026; unaudited derived measure
- Consecutive monthly growth
- 8 months
- Sequential growth in stablecoin payment volume through September 2026
- Enterprise clients
- More than 100
- Clients with executed Services Agreements, as disclosed October 19, 2026
- Payment destinations
- Approximately 50 countries and territories
- Completed Harbor payments during the first nine months of 2026
Key Terms
senior secured convertible note financial
warrant financial
private placement financial
stablecoin technical
AI-generated analysis. How Rhea-AI works. Not financial advice.
Additional funding to support customer onboarding and the expansion of OwlPay’s payment operations
ARLINGTON, Va., Nov. 09, 2026 (GLOBE NEWSWIRE) -- Owlting Group (NASDAQ: OWLS) (“Owlting” or the “Company”), the operating brand of OBOOK Holdings Inc., a global fintech company building regulated payment infrastructure, today announced the closing of a US
The Company intends to use the net proceeds for working capital to bring more enterprise customers onto OwlPay and support their ongoing payment activity. This includes funding payment liquidity pools and payment operations, maintaining and expanding regulatory licenses, and developing additional payment corridors.
OwlPay Commercial Progress
OwlPay Harbor (“Harbor”),1 the Company’s stablecoin-based platform for cross-border enterprise payments, recorded its eighth consecutive month of sequential growth in stablecoin payment volume in September 2026. As disclosed on October 19, 2026, the Company had more than 100 enterprise clients with executed Services Agreements. Completed Harbor payments reached approximately 50 countries and territories during the first nine months of 2026.2
“OwlPay Harbor’s annualized stablecoin payment volume exceeded US
“We are pleased to support this next stage of development. Our decision to provide additional financing reflects Lind’s continued support for Owlting as it continues to scale up commercially,” said Jeff Easton, Founder and Managing Partner at The Lind Partners.
Financing Terms
The second tranche consists of a senior secured convertible note and an accompanying warrant. In connection with the financing, the Company and Lind agreed to amend certain terms of the April 2026 financing, including the note’s conversion price and the warrant’s exercise price. Further details on the financing and the related amendments will be furnished to the U.S. Securities and Exchange Commission on Form 6-K.
Securities Notice
The securities were issued in a private placement and have not been registered under the U.S. Securities Act of 1933, as amended. They may not be offered or sold in the United States without registration or an applicable exemption. This announcement is neither an offer to sell securities nor a solicitation to purchase them, and does not authorize a sale in any jurisdiction where such a sale would be unlawful.
About Owlting Group
Owlting Group (NASDAQ: OWLS) is the operating brand of OBOOK Holdings Inc., a global fintech company building regulated payment infrastructure, founded in Taiwan with subsidiaries across the United States, Japan, Poland, Singapore, Hong Kong, Thailand, and Malaysia. Its OwlPay platform is a fiat-stablecoin hybrid payment solution that helps businesses move money across borders in the expanding digital economy. Recognized for rapid growth and industry leadership, Owlting was ranked No. 226 on the Financial Times and Statista “High-Growth Companies Asia-Pacific 2026” list with a
Forward-Looking Statements
This press release contains forward-looking statements within the meaning of applicable securities laws. These statements relate to future events or the Company’s future financial or operating performance and involve known and unknown risks and uncertainties that may cause actual results to differ materially from those expressed or implied by such statements. Forward-looking statements can often be identified by words such as “may,” “will,” “expect,” “anticipate,” “plan,” “intend,” “target,” “continue,” “believe,” “estimate,” or similar expressions. These forward-looking statements are based on the Company’s current expectations and assumptions and speak only as of the date of this announcement. The Company undertakes no obligation to update any forward-looking statements, except as required by law. Investors are cautioned not to place undue reliance on these statements and are encouraged to review the risk factors described in the Company’s filings with the U.S. Securities and Exchange Commission. Statements about the intended use of proceeds, customer growth, OwlPay’s development and future operating performance are forward-looking statements. They reflect current expectations and assumptions and are subject to risks that could cause actual results to differ materially, including financing and liquidity risks, customer adoption and transaction volumes, regulatory developments, execution risks and potential dilution from outstanding securities. Further risks are described in the Company’s Annual Report on Form 20-F and other SEC filings. These statements speak as of the date of this announcement. The Company disclaims any obligation to revise them, except where legally required.
For investor and media enquiries, please contact:
Owlting Group Investor Relations
Henry Fan, Investor Relations Director
ir@owlting.com
Owlting Group Media Relations
Michael Hsu, Public Relations Director
pr_office@owlting.com
____________________________________________
1 All money transmission services in the United States are provided by OwlTing USA, Inc. (NMLS ID: 2324336), a wholly owned subsidiary of OBOOK Holdings Inc.
2 Operating metrics are unaudited and derived from the Company’s internal records. Stablecoin payment volume refers to completed payment volume on OwlPay Harbor during the applicable calendar month. Enterprise client counts include clients with an executed Services Agreement with the Company; the count as of October 19, 2026 is approximate. Destination markets reflect completed transactions on OwlPay Harbor from January 1, 2026 through September 30, 2026. The eighth consecutive month of payment volume growth, the enterprise client count, and the destination markets were previously disclosed in the Company’s press release issued on October 19, 2026. Historical payment volume growth and enterprise client counts are not indicative of future payment volume, revenue, or profitability.
3 Annualized stablecoin payment volume is calculated by dividing completed payment volume on OwlPay Harbor during September 2026 by the number of days in that month and multiplying the result by 365, consistent with the methodology the Company has previously used to report annualized payment volume. It is an unaudited, derived operating measure. It does not represent actual historical annual payment volume, contracted payment volume, revenue, or financial guidance, and it should not be used to project future payment volume or revenue.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
How much financing did Owlting secure from Lind?
Owlting closed US$5 million in follow-on financing with Lind Global Asset Management XV, bringing cumulative gross funding from Lind to US$15 million. The follow-on financing consists of a senior secured convertible note and an accompanying warrant.
How does Owlting calculate Harbor’s annualized stablecoin payment volume?
Harbor’s annualized figure divides completed September 2026 payment volume by the number of days in that month and multiplies by 365. This unaudited measure does not represent actual historical annual payment volume, contracted payment volume, revenue or financial guidance, and should not be used to project future payment volume or revenue.
Where will Owlting disclose details of the Lind financing and amendments?
Further details of the financing and related amendments will be furnished to the U.S. Securities and Exchange Commission on Form 6-K.