3 Firms Build $2.3B Hospitality Biz SPAC Merger

By Jade Martinez-Pogue (April 8, 2024, 1:28 PM EDT) -- Singapore-headquartered Hotel101 Global Pte Ltd., a hotel prop-tech operator pioneering a standardized "condotel" business model, announced Monday that it plans to go public through a merger with blank-check company JVSPAC Acquisition Corp. in a deal built by three firms that will give it an equity value of $2.3 billion post-closing....

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