Hotel101 intends to list the merged entity on the NASDAQ stock exchange under the symbol 'HBNB', with an expected equity value of over US$ 2.3 billion. The IPO is expected to take place in the second half of 2024.
, with the intent of listing the merged entity on the NASDAQ stock exchange under the symbol “ HBNB ”. Hotel101 said that HBNB is “expected to have an equity value of over US$ 2.3 billion” following the IPO , which Hotel101 expects to happen “during the second half of 2024”. SPAC s are a weird little device that acts as a two-step backdoor listing mechanism.
MRC Allied disclosed that it has agreed to purchase the entirety of Dolphin Fire Group’s 31.2% interest in Rappler...Philstar.com is one of the most vibrant, opinionated, discerning communities of readers on cyberspace. With your meaningful insights, help shape the stories that can shape the country. Sign up now!
Hotel101 NASDAQ IPO SPAC Equity Value Listing HBNB
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