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JVSAU — JVSPAC Acquisition News Story

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Philippines' DoubleDragon subsidiary Hotel101 progresses towards Nasdaq listing

SINGAPORE, June 2 (Reuters) - Hotel101 Global Holdings Corp and Nasdaq-listed special purpose acquisition company JVSPAC Acquisition Corp JVSA.O said on Monday they had obtained a regulatory nod to proceed with a business combination agreement.

They said in a statement that the U.S. Securities and Exchange Commission had declared effective Hotel101's registration statement on form F-4 filed with the SEC in connection with the business tie-up.

 (Reporting by Yantoultra Ngui; editing by Mark Heinrich)

 ((Yantoultra.Ngui@thomsonreuters.com;))

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