Key insights
- OwlTing Group (OWLS) announced that major shareholders have extended their lock-up agreements for another 12 months amid a significant share price decline. This aims to reduce potential market volatility. While the company is expanding its payment infrastructure and partnerships, the lock-up extension suggests concerns about near-term liquidity and investor confidence, potentially weighing slightly on broader fintech sentiment.
ARLINGTON, Va. - OwlTing Group (NASDAQ:OWLS), operating as OBOOK Holdings Inc., announced Monday that SBI Holdings, Inc. and legacy shareholders representing more than 99% of shares subject to extension have agreed to extend their lock-up arrangements for an additional 12 months. The move comes as shares trade near their 52-week low of $5.15, having declined 90% over the past year.
The extension aims to provide increased visibility into the company’s public float and mitigate potential near-term market dislocation associated with concentrated liquidity events, according to a press release statement.
"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," said Darren Wang, Founder and CEO at OwlTing Group.
OwlTing operates OwlPay, a cross-border payment infrastructure for global enterprises. The company’s regulatory footprint spans 41 U.S. states as of April 20, 2026, with the company having obtained money transmitter licenses or their equivalent in 40 states and applying for licenses in additional states.
The Taiwan-founded fintech company operates under a Virtual Asset Service Provider license in the European Union and an Electronic Payment Intermediary Service Provider license in Japan. The company has subsidiaries in the United States, Japan, Poland, Singapore, Hong Kong, Thailand, and Malaysia.
All money transmission services in the United States are provided by OwlTing USA, Inc., a wholly owned subsidiary of OBOOK Holdings Inc.
In other recent news, OwlTing Group has expanded its partnership with Visa by integrating Visa Direct into its OwlPay payment infrastructure. This move enables U.S. users to purchase USDC using debit cards, enhancing the functionality of OwlPay Harbor and OwlPay Wallet Pro. Additionally, OwlTing has onboarded over 20 enterprise clients to its OwlPay Harbor platform in the first quarter of 2026, representing an impressive $5 billion in annual payment volume from these clients’ businesses. The company also launched the OwlPay Cash app, targeting the $230 billion remittance market, focusing initially on five key remittance corridors with plans for global expansion.
Furthermore, OwlTing, operating as OBOOK Holdings, has announced a strategic partnership with Arta Global Markets Limited. This collaboration aims to offer digital asset on/off ramp and cross-currency payment services, integrating OwlPay with Arta Global Markets’ regulated financial services. The partnership is designed to provide a comprehensive payment solution that includes trading, payment, custody, and settlement infrastructures. These developments underscore OwlTing’s efforts to enhance its payment solutions and expand its market reach.
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