Obook Holdings signs $5 million financing agreement with Lind Global Asset Management XV
OWLS•Obook Holdings entered a $5 million financing agreement with Lind Global Asset Management XV on November 6, 2026. It includes a $5.75 million senior secured convertible note, a warrant for 1,084,128 Class A common shares and a $150,000 commitment fee.
1. Financing terms
The investor will purchase a $5.75 million senior secured convertible promissory note, backed by subsidiary guarantees and collateral. A $150,000 commitment fee reduces cash proceeds, and the agreement includes a warrant to acquire 1,084,128 Class A common shares.
2. April financing changes
The April financing’s note receives a one-time conversion price reset to $6.90 and matures on October 7, 2027. Its warrant exercise price is reset to $3.07 per share.
