m_and_a
confidence high
sentiment positive
materiality 0.75
JVSPAC and Hotel101 close business combination; HBNB to trade on Nasdaq July 1
JVSPAC Acquisition Corp.
- Business combination closed on June 30, 2025; approved by JVSPAC shareholders on June 24, 2025.
- Hotel101 Global Holdings (HBNB) shares to commence trading on Nasdaq on July 1, 2025 under ticker 'HBNB'.
- Equity value at closing of US$2.3 billion; first Filipino-owned company listed on Nasdaq.
- Hotel101 is a subsidiary of DoubleDragon Corporation (PSE: DD).
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