MANILA, Philippines — DoubleDragon Corp., the property venture of tycoons Edgar Sia II and Tony Tan Caktiong, has moved a step closer toward listing its global hospitality chain on the tech-heavy Nasdaq Stock Exchange, a first for a Filipino-owned company.
Condotel chain Hotel101 Global on Monday officially submitted to the US Securities and Exchange Commission its registration statement for its $2.3-billion listing on the American bourse under the ticker “HBNB.”
This follows “months of rigorous preparation and compliance” with the US regulator and Nasdaq’s listing requirements, DoubleDragon said.
READ: DoubleDragon eyes $100M in sales for Hotel101 Madrid for 2025
Hotel101 will be the first Filipino company to list and trade on Nasdaq.
DoubleDragon also recently unveiled plans to pursue the stock market debut of its industrial warehouse subsidiary,…
