Hotel101 Set to List on Nasdaq This June
On June 2, 2025 (New York time), Hotel101 Global Holdings Corp. (Hotel101 or HBNB) and JVSPAC Acquisition Corp. (Nasdaq: JVSA) announced that the U.S. Securities and Exchange Commission (SEC) has declared effective Hotel101’s registration statement on Form F-4. This follows the previously announced business combination agreement between Hotel101 and JVSPAC. The business combination values Hotel101 at an
By Staff Writer
On June 2, 2025 (New York time), Hotel101 Global Holdings Corp. (Hotel101 or HBNB) and JVSPAC Acquisition Corp. (Nasdaq: JVSA) announced that the U.S. Securities and Exchange Commission (SEC) has declared effective Hotel101’s registration statement on Form F-4.
This follows the previously announced business combination agreement between Hotel101 and JVSPAC.
The business combination values Hotel101 at an equity value of USD2.3 billion (PHP130 billion), based on a price of USD10 per share.
The closing is expected as soon as possible, pending regulatory and shareholder approvals and other customary conditions.
Once listed, the combined company will operate as Hotel101 Global Holdings Corp. and trade under the ticker symbol HBNB.
Hotel101 is expected to be listed on Nasdaq within June 2025.
It will become the first Filipino-owned company to be listed and traded on Nasdaq.
Hotel101 is a subsidiary of Philippine-listed DoubleDragon Corp. (PSE: DD).
Article Information
Comments (0)
LEAVE A REPLY
No comments yet
Be the first to share your thoughts!
