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Largest Hospitality brand targeted to Millennial and Gen Z travelers, Selina is scaling rapidly to capitalize on an estimated $350 billion annual market opportunity Combined company to have an equity value of approximately $1.2 billion The business combination provides $285 million in gross cash proceeds, including $70 million in capital commitments comprising PIPE investments from leading institutional investors including South Light Capital (an affiliate of DigitalBridge), MORE Investment House and Sir Ronald Cohen, alongside PIPE and backstop commitments from BOA's sponsor and founder-led shareholders Proceeds will allow Selina to fuel international expansion, invest in proprietary te
Strategic appointments will add public company leadership, finance, operations, marketing and technology experience Selina, the fast-growing lifestyle and experiential hospitality platform targeting millennial and Gen Z travelers, is pleased to announce the strategic appointment of five new independent directors to its Board of Directors: Eric J. Foss, who will serve as the Chair of the Board, Catherine Dunleavy, Eileen Moore Johnson, Richard S. Stoddart and Adi Soffer Teeni. Their appointments will be effective upon the closing of the business combination between Selina and BOA Acquisition Corp., such that the public-company Board will comprise seven directors in total, including Rafael M
Opens 1,788 beds spaces within eight properties in Greece, Australia, Portugal, Panama, the United States, Morocco, and Israel Signs 3,204 bed spaces, a 32.5% increase Y-o-Y, within eight new properties and two expansions across Australia, the United States, Greece, Mexico, Portugal, Panama, and Israel Selina, the fast-growing lifestyle and experiential hospitality brand targeting Millennial and Gen Z travelers, announced today that it celebrated the opening of eight new properties in Greece, Australia, Portugal, Panama, the United States, Morocco and Israel during the second quarter of 2022. It also signed eight new properties, a 17% increase from Q1 2021, in Australia, USA, Greece, Mex
Q1 2022 Total Revenue of $39.9 million, a 150.8% increase Y-o-Y Continues positive momentum from record-setting full-year 2021 Provides update on timing of proposed business combination with BOA Acquisition Corp. Selina, the fast-growing lifestyle and experiential hospitality brand targeting Millennial and Gen Z travelers which has entered into a business combination agreement with BOA Acquisition Corp. (NYSE:BOAS), today announced that the company generated first quarter 2022 Total Revenue of $39.9 million, a 150.8% increase from the first quarter of 2021. Selina's portfolio of 155 open and secured properties that span the globe produced strong quarterly operational results, continuing
SC 13G/A - BOA Acquisition Corp. (0001838544) (Subject)
SC 13G/A - BOA Acquisition Corp. (0001838544) (Subject)
SC 13G - BOA Acquisition Corp. (0001838544) (Subject)
8-K - BOA Acquisition Corp. (0001838544) (Filer)
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DEFM14A - BOA Acquisition Corp. (0001838544) (Filer)
Selina, the fast-growing lifestyle and experiential hospitality company targeting millennial and Gen Z travelers whose mission is centered on building meaningful connections, and BOA Acquisition Corp. (NYSE:BOAS) (BOA), a publicly traded special purpose acquisition company, announced today the closing of their business combination (the "Business Combination"). This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20221027005445/en/(Photo: Business Wire) The Business Combination was approved by BOA stockholders at a special meeting held on October 21, 2022. Samba Merger Sub, Inc., a subsidiary of Selina, merged with and into BOA, with BOA
Transaction anticipated to close upon satisfaction of all closing conditions BOA Acquisition Corp. (NYSE:BOAS) (BOA), a special purpose acquisition company, today announced that BOA stockholders voted to approve the previously proposed business combination with Selina Hospitality PLC ("Selina") at BOA's special meeting of BOA stockholders (the "Special Meeting") held on Friday, October 21, 2022. More than 83% of the votes present at the meeting voted to approve the business combination with Selina. Holders of approximately 89.7% of BOA's issued and outstanding shares were present at the Special Meeting. BOA stockholders also voted overwhelmingly to approve the other proposals at the Speci
Selina, the fast-growing lifestyle and experiential hospitality company targeting millennial and Gen Z travelers whose mission is centered on building meaningful connections, hit an all-time high Net Promoter Score℠ (NPS®) of 54 in the month of September. The score is an impressive 17 points higher than the next best performing international hospitality brand and 74% higher than the median of global hotel companies. These results are based on an audit of eight top global companies, including Selina, according to research by Comparably.com comprising data through September 2022. The data is yet another reflection of the rich community Selina is building with its guests, even as a relatively