Hotel101 Global to Merge With JVSPAC Acquisition Corp, Aiming for Nasdaq Listing With a $2.3B Equity Value
Hotel101 Global to Merge With JVSPAC Acquisition Corp, Aiming for Nasdaq Listing With a $2.3B Equity Value
The Singapore-headquartered subsidiary of Philippine-listed investment company DoubleDragon Corporation, Hotel101 Global Pte. Ltd. and affiliates ("HOTEL101" or "HBNB") and JVSPAC Acquisition Corporation (NASDAQ:JVSA) ("JVSPAC") announced today that they have entered into a definitive merger agreement. Hotel101 is a hotel prop-tech operator pioneering a globally standardized, asset-light "condotel" business model. Upon completion of the proposed business combination transaction, the combined entity is expected to be publicly listed on the NASDAQ under the ticker symbol "HBNB."
菲律宾上市投资公司双龙公司Hotel101 Global Pte总部位于新加坡的子公司Hotel101 Global Pte。Ltd. 及其关联公司（“HOTEL101” 或 “HBNB”）和JVSPAC收购公司（纳斯达克股票代码：JVSA）（“JVSPAC”）今天宣布，他们已签订最终合并协议。Hotel101是一家酒店物业技术运营商，开创了全球标准化、轻资产的 “公寓式酒店” 商业模式。拟议的业务合并交易完成后，合并后的实体预计将在纳斯达克公开上市，股票代码为 “HBNB”。
Hotel101 is expected to have an equity value of over US$2.3 billion following completion of the transaction, which is expected to close during the second half of 2024 subject to regulatory and shareholder approvals and other customary closing conditions.
交易完成后，Hotel101的股权价值预计将超过23亿美元，预计将于2024年下半年完成，但须获得监管和股东的批准以及其他惯例成交条件。