Obook closes $5 million senior secured convertible debt financing with Lind Partners
OWLS•Obook Holdings closed a $5 million follow-on financing with Lind Partners through a senior secured convertible note and accompanying warrant, bringing total gross funding from Lind to $15 million. Net proceeds will support working capital for OwlPay customer onboarding, payment operations and regulatory expansion.
1. Financing terms
Obook Holdings closed a $5 million follow-on financing with Lind Partners through a senior secured convertible note with an accompanying warrant. The financing brings total gross funding from Lind to $15 million, including its initial $10 million investment in April 2026. Related amendments revise the April note’s conversion price and the warrant’s exercise price. Net proceeds will fund working capital for OwlPay customer onboarding, payment operations and regulatory expansion.
