Hotel101 secures SEC approval for merger with Nasdaq-listed JVSPAC
The merger values Hotel101 at an equity value of $3b.
The United States Securities and Exchange Commission (SEC) has declared Hotel101’s registration statement on Form F-4 effective.
The registration is in connection with Hotel101’s proposed merger with Nasdaq-listed JVSPAC.
JVSPAC has scheduled the extraordinary general meeting (EGM) on 24 June 2025 to vote on the proposed business combination with Hotel101.
The merger values Hotel101 at an equity value of $3b (US$2.3b). Upon listing, the combined company will operate as Hotel101 Global Holdings Corp. and trade under the ticker symbol "HBNB".
Once listed, Hotel101 will become the first Filipino-owned company to be listed and traded on Nasdaq. Hotel101 is a subsidiary of Philippine-listed DoubleDragon Corporation.
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