JVSPAC Extends Merger Period with Hotel101
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JVSPAC Acquisition Corp. has extended its merger period with Hotel101 Global until July 23, 2025, as part of their agreement to list Hotel101 on Nasdaq. This merger, expected to finalize in Q2 2025, will make DoubleDragon the first Filipino company with a Nasdaq-listed subsidiary, potentially enhancing its revenue and asset base. Hotel101 aims for one million hotel rooms globally by 2050, with 50,000 in the Philippines. YTD Price Performance is 2.78% with a Strong Sell technical sentiment.
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