Hotel101 a subsidiary of Double Dragon Corporation, has made history as the first-ever Filipino-owned company to be listed on the Nasdaq Stock Exchange.
Shares will begin trading on July 1, 2025 under the ticker “HBNB”, following the successful completion of a business combination with JVSPAC Acquisition Corp. The deal values Hotel101 at approximately $2.3 billion.
Hotel101’s listing on Nasdaq marks a historic breakthrough for Filipino entrepreneurship on the world stage, as it becomes the first Filipino-owned company to debut on the U.S.-based exchange. Founded by visionary entrepreneurs Edgar “Injap” Sia II and Tony Tan Caktiong of the Jollibee Group, this milestone positions Hotel101 as a pioneer in the global hospitality tech space.
For investors, this listing opens up access to the deep U.S. capital markets, enhancing visibility, credibility, and providing a first-mover advantage for a Philippine hospitality brand built on technology, scalability, and global ambition.
Hotel101’s Nasdaq listing marks a significant step in its journey to becoming a globally recognized hospitality brand. With a clear business model, expanding international footprint, and access to U.S. capital markets, the company is well-positioned to pursue its long-term goals.