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Hotel101, Subsidiary of Philippines' DoubleDragon, Advances Nasdaq Listing Process
2025-06-03 /
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Author：小编
Hotel101 Global Holdings Corp. and Nasdaq-listed special purpose acquisition company JVSPAC Acquisition Corp. jointly announced that they have secured regulatory approval to proceed with their planned business combination. Both entities confirmed that the U.S. Securities and Exchange Commission (SEC) has deemed the Form F-4 registration statement submitted by Hotel101 as effective. This merger milestone paves the way for Hotel101 to become the first Philippine company to be listed on Nasdaq, with an estimated valuation of $2.3 billion. JVSPAC has scheduled a special shareholders' meeting on June 24 to vote on the proposed merger.
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