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Loeb & Loeb Represents JVSPAC Acquisition in the Signing of the Merger Agreement with Hotel101

Loeb represented JVSPAC Acquisition Corp., a blank-check company, in the signing of the merger agreement with Hotel101 Global, a hotels-operator and subsidiary of Philippines-listed investment company, DoubleDragon Corporation, valuing Hotel101 Global at $2.3 billion. Hotel101 Global builds and operates hotels with standardized 21 square metre rooms that it sells individually to Investors. It is headquartered in Singapore. The combined company is expected to list on the NASDAQ under the ticker symbol “HBNB.” 

The Loeb team was led by Capital Markets & Corporate partner Giovanni Caruso and senior counsel Jane Tam and supported by associate Rongwei Xie, and Tax partner Shahrooz Shahnavaz and associate Simoné Hovsepian.

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