Wang Chun Kai holds 53% of OBOOK (OWLS) via Class A and Class B shares

Rhea-AI Filing Summary

OBOOK HOLDINGS INC. beneficial ownership filing shows Wang Chun Kai reports 39,255,778 shares beneficially owned, representing 53% of the company's Class A common share class when Class B shares are treated as converted. The position includes 3,105,778 Class A shares and 36,150,000 Class B shares; each Class B is convertible into one Class A.

The filing states voting structure: Class A carries one vote and Class B carries ten votes, and the 53% percent figure is computed using the issuer's share counts as of December 31, 2025. Signature date on the amendment is 03/11/2026.

Insights

Corporate Governance Specialist

Majority economic stake reported; voting power likely higher due to Class B votes.

The filing documents an aggregated beneficial ownership of 39,255,778 shares (3,105,778 Class A; 36,150,000 Class B), calculated using share counts as of December 31, 2025. Class B shares convert one‑for‑one to Class A for percentage calculation.

Because each Class B carries ten votes, the reporting person’s actual voting power may materially exceed the reported 53%. Subsequent corporate actions or conversions could change voting influence; timing of any conversion is not stated in the excerpt.

Securities Attorney

The amendment clarifies beneficial ownership and the basis for the percentage calculation.

The filing explains the denominator used: 37,899,671 Class A shares outstanding plus 36,150,000 Class B shares owned by the reporting person, with Class B treated as converted solely for percentage computation. The certificate and CUSIP are provided.

Disclosure preserves the distinction between economic ownership and voting rights by noting Class B’s ten‑for‑one voting; no conversion timing or transfer restrictions are disclosed in the provided excerpt.

SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

SCHEDULE 13G

UNDER THE SECURITIES EXCHANGE ACT OF 1934

(Amendment No. 1)

OBOOK HOLDINGS INC.

(Name of Issuer)

Class A Common Shares

(Title of Class of Securities)

10/16/2025

(Date of Event Which Requires Filing of this Statement)

Check the appropriate box to designate the rule pursuant to which this Schedule is filed:

Rule 13d-1(b)

Rule 13d-1(c)

Rule 13d-1(d)

SCHEDULE 13G

CUSIP Number(s):

1

Names of Reporting Persons

WANG CHUN KAI

2

Check the appropriate box if a member of a Group (see instructions)

(a)
(b)

3

Sec Use Only

4

Citizenship or Place of Organization

UNITED STATES

Number of Shares Beneficially Owned by Each Reporting Person With:

5	Sole Voting Power 39,255,778.00
6	Shared Voting Power 0.00
7	Sole Dispositive Power 39,255,778.00
8	Shared Dispositive Power 0.00

9

Aggregate Amount Beneficially Owned by Each Reporting Person

39,255,778.00

10

Check box if the aggregate amount in row (9) excludes certain shares (See Instructions)

11

Percent of class represented by amount in row (9)

53.0 %

12

Type of Reporting Person (See Instructions)

IN

Comment for Type of Reporting Person: (1) Consists of 3,105,778 Class A Common Shares and 36,150,000 Class B Common Shares beneficially owned by the Reporting Person. (2) Each Class B Common Share is convertible at any time into one Class A Common Share. (3) The percent of class reported herein is based on the quotient obtained by dividing (a) the aggregate number of Class A Common Shares and Class B Common Shares beneficially owned by the Reporting Person by (b) the sum of (i) 37,899,671 Class A Common Shares outstanding and (ii) 36,150,000 Class B Common Shares beneficially owned by the Reporting Person. The Class B Common Shares are treated as converted into Class A Common Shares solely for the purpose of computing the percentage ownership reported herein. (4) Each Class A Common Share is entitled to one vote and each Class B Common Share is entitled to ten votes. The percentage ownership reported herein does not reflect the ten-for-one voting power of the Class B Common Shares. Accordingly, the Reporting Person may have greater voting power than the percentage ownership reported herein. (5) The information reported herein is based on the Issuer's share capital as of December 31, 2025.

SCHEDULE 13G

Item 1.
(a)	Name of issuer: OBOOK HOLDINGS INC.
(b)	Address of issuer's principal executive offices: 9F., NO. 28, WENCHENG RD., BEITOU DIST., TAIPEI CITY, TAIWAN, 112.
Item 2.
(a)	Name of person filing: WANG CHUN KAI
(b)	Address or principal business office or, if none, residence: 9F., NO. 28, WENCHENG RD., BEITOU DIST., TAIPEI CITY 112, TAIWAN
(c)	Citizenship: UNITED STATES
(d)	Title of class of securities: Class A Common Shares
(e)	CUSIP No.: G67187107
Item 3.	If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:
(a)	Broker or dealer registered under section 15 of the Act (15 U.S.C. 78o);
(b)	Bank as defined in section 3(a)(6) of the Act (15 U.S.C. 78c);
(c)	Insurance company as defined in section 3(a)(19) of the Act (15 U.S.C. 78c);
(d)	Investment company registered under section 8 of the Investment Company Act of 1940 (15 U.S.C. 80a-8);
(e)	An investment adviser in accordance with § 240.13d-1(b)(1)(ii)(E);
(f)	An employee benefit plan or endowment fund in accordance with § 240.13d-1(b)(1)(ii)(F);
(g)	A parent holding company or control person in accordance with § 240.13d-1(b)(1)(ii)(G);
(h)	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
(i)	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940 (15 U.S.C. 80a-3);
(j)	A non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J). If filing as a non-U.S. institution in accordance with § 240.13d-1(b)(1)(ii)(J), please specify the type of institution:
(k)	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K).
Item 4.	Ownership
(a)	Amount beneficially owned: 39,255,778 (1)(2)(5)
(b)	Percent of class: 53% (2)(3)(4)(5)
(c)	Number of shares as to which the person has:
	(i) Sole power to vote or to direct the vote: 39,255,778 (1)(2)(5)
	(ii) Shared power to vote or to direct the vote: 0
	(iii) Sole power to dispose or to direct the disposition of: 39,255,778 (1)(2)(5)
	(iv) Shared power to dispose or to direct the disposition of: 0
Item 5.	Ownership of 5 Percent or Less of a Class.
	Not Applicable
Item 6.	Ownership of more than 5 Percent on Behalf of Another Person.
	Not Applicable
Item 7.	Identification and Classification of the Subsidiary Which Acquired the Security Being Reported on by the Parent Holding Company or Control Person.
	Not Applicable
Item 8.	Identification and Classification of Members of the Group.
	Not Applicable
Item 9.	Notice of Dissolution of Group.
	Not Applicable

Item 10.	Certifications:
	Not Applicable

SIGNATURE

After reasonable inquiry and to the best of my knowledge and belief, I certify that the information set forth in this statement is true, complete and correct.

WANG CHUN KAI

Signature:	/s/ WANG CHUN KAI
Name/Title:	Individual
Date:	03/11/2026

Comments accompanying signature: (1) Consists of 3,105,778 Class A Common Shares and 36,150,000 Class B Common Shares beneficially owned by the Reporting Person. (2) Each Class B Common Share is convertible at any time into one Class A Common Share. (3) The percent of class reported herein is based on the quotient obtained by dividing (a) the aggregate number of Class A Common Shares and Class B Common Shares beneficially owned by the Reporting Person by (b) the sum of (i) 37,899,671 Class A Common Shares outstanding and (ii) 36,150,000 Class B Common Shares beneficially owned by the Reporting Person. The Class B Common Shares are treated as converted into Class A Common Shares solely for the purpose of computing the percentage ownership reported herein. (4) Each Class A Common Share is entitled to one vote and each Class B Common Share is entitled to ten votes. The percentage ownership reported herein does not reflect the ten-for-one voting power of the Class B Common Shares. Accordingly, the Reporting Person may have greater voting power than the percentage ownership reported herein. (5) The information reported herein is based on the Issuer's share capital as of December 31, 2025.

FAQ

Who holds the majority stake in OWLS?

Wang Chun Kai reports beneficial ownership of 39,255,778 shares, or 53%. This combines 3,105,778 Class A and 36,150,000 Class B shares and is calculated using share counts as of December 31, 2025.

How is the 53% ownership percentage calculated for OWLS?

The percentage treats Class B as converted one‑for‑one into Class A for the math. The denominator is 37,899,671 Class A outstanding plus 36,150,000 Class B owned by the reporting person, per the filing.

Do Class B shares have different voting rights at OWLS?

Yes. Each Class B Common Share carries ten votes; each Class A carries one vote. The filing notes the reported 53% does not reflect the ten‑for‑one voting effect of Class B shares.

What share counts and dates are cited in the OWLS filing?

The filing cites 37,899,671 Class A shares outstanding and 36,150,000 Class B shares owned by the reporter. These figures are based on the issuer's share capital as of December 31, 2025.

When was the Schedule 13G/A amendment signed for OWLS?

The amendment bears a signature date of 03/11/2026 by Wang Chun Kai. It is labeled Amendment No. 1 and includes the ownership comments and calculations referenced above.