🧾 What This Document Is

This is a 6-K filing, which is a report foreign companies listed on U.S. exchanges must file with the SEC to announce major news. Attached is Exhibit 99.1, which is essentially a press release from March 31, 2026.

👉 In simple terms: OwlTing is using this regulatory filing to publicly announce they've signed new clients, signaling a potential shift from building their technology to making money from it.

🏢 What The Company Does

OwlTing Group (stock ticker: OWLS) is a global fintech company. Its main product is OwlPay Harbor.

👉 Think of OwlPay Harbor as a regulated highway for digital money. It helps businesses move money across borders using digital currencies (like stablecoins) instead of traditional, slower banking routes. They operate globally from their base in Arlington, Virginia.

🚀 The Big News: Client Wins

In the first quarter of 2026, OwlTing onboarded over 20 enterprise clients to its OwlPay Harbor platform.

The most eye-popping number? These clients' existing businesses represent more than $5 billion in annual payment volume.

👉 Why it matters: This isn't money flowing through OwlTing yet. It's the scale of the opportunity. It means big players in payments are choosing OwlTing as their infrastructure partner. The real revenue comes as these clients start moving that volume onto OwlPay's rails over time.

🤝 Meet the Clients & Corridors

The new clients are diverse and show global reach:

• Graph (Oval Technologies): A fintech helping African businesses pay U.S. suppliers.
• Dexpay: An Africa-focused fintech for consumer and business payments.
• Hope for Haiti: A nonprofit using digital currency for aid delivery.

These deals open up payment corridors between the U.S. and Latin America, Africa, the Middle East, and Asia-Pacific.

💸 The Business Model & Revenue Potential

OwlPay Harbor makes money through transaction fees. Their current price is a "blended take rate" of 25 to 35 basis points.

👉 That means for every $1,000 they process, they keep $2.50 to $3.50 for services like currency conversion, settlement, and compliance. This rate is in line with global industry standards.

The key point is that revenue should build cumulatively as more client volume migrates onto their platform in future quarters.

⚖️ The Regulatory "License to Operate"

For a company moving money, trust and legality are everything. OwlTing highlights its strong regulatory foundation:

• Money Transmitter Licenses (or equivalent) in 40 U.S. states (expanded to 41 as of the report).
• A Virtual Asset Service Provider license in the European Union.
• An Electronic Payment Intermediary Service Provider license in Japan.

👉 This regulatory footprint is their competitive moat. It's what makes enterprises trust them as a "regulated settlement layer" for digital currency.

🔮 What's Next & The "Activation Phase"

CEO Darren Wang states that regulated digital currency is moving into the "mainstream enterprise payment stack." The company believes it is now in its "activation and monetization phase."

The multi-year period of building technology and licenses is giving way to signing production clients. The next phase is about activating payment corridors and watching revenue grow from the increased volume.

⚖️ Big Picture: Strengths & Risks

• 👍 Strengths: Proven client demand at significant scale, a global regulatory footprint that's hard to replicate, a clear transaction-based business model, and positioning in the growing stablecoin/B2B payment trend.
• ⚠️ Risks: The $5 billion is client volume, not their revenue—actual migration could be slow. They operate in a highly competitive and evolving regulatory space. Future financial performance depends entirely on client adoption and transaction volume.

🧠 The Analogy

OwlTing is like a company that just built a massive, new international shipping port with all the modern, efficient cranes (their tech) and every government permit required (their licenses). They just announced that 20 major shipping companies have signed contracts to use their port. The $5 billion represents the total value of goods those ships currently carry annually. Now, the port starts earning fees as those ships begin docking and unloading their cargo over the coming years.

📇 Key Contacts & People

• Darren Wang: Founder and CEO, OwlTing Group.
• Media Relations: [email protected]
• Investor Relations: [email protected]

🧩 Final Takeaway

This announcement is a key market validation signal, not a financial results report. It shows OwlTing is successfully converting its years of infrastructure building into signed enterprise contracts, setting the stage for potential future revenue growth as those client volumes come online.