Hotel101 Global Holdings Corp. Announces Proposed Offering of Convertible Preferred Shares to raise up to USD 300 Million
SINGAPORE, Jan. 23, 2026 (GLOBE NEWSWIRE) -- Hotel101 Global Holdings Corp. (NASDAQ:HBNB) ("HBNB," "Hotel101 Global" or the "Company") announced today that its board of directors (the "Board") has approved the proposed intention to offer, subject to market conditions and other factors, perpetual convertible preferred shares (the "Preferred Shares") to raise up to USD 300 million, in one or more private placements to persons reasonably believed to be "qualified institutional buyers" (as defined in Rule 144A under the Securities Act of 1933, as amended (the "Securities Act")) pursuant to Rule 144A under the Securities Act and/or in one or more registered offerings, subject to applicable legal and regulatory restrictions (the "Proposed Transaction").
The Proposed Transaction is subject to engagement of underwriters, placement agents and other third parties, entry into definitive agreements, satisfying (or obtaining the waiver of) on a timely basis the conditions in the definitive agreements expected to be entered into, relevant approvals from and required registrations and filings with relevant regulatory authorities and other factors and conditions. There can be no assurance that the Proposed Transaction will occur at all, or be completed in the time frame, on the terms or in the manner described herein.
The Proposed Transaction is expected to fuel the prop-tech, asset-light HBNB business model towards its next growth stage of worldwide expansion. The Proposed Transaction is anticipated to occur in 2026 and may be conducted in one or more tranches.
The Company intends for the net proceeds from the Proposed Transaction to be applied towards fueling the Company's strategic expansion of Hotel101 projects worldwide, advancing its innovative, asset-light, technology-enabled hospitality platform.
For 2026, the Company is targeting securing commitments for a substantial portfolio of rooms across multiple countries, primarily via joint ventures and licensing agreements with established local partners. This approach enables efficient, scalable growth while leveraging regional expertise.
These milestones form a key part of Hotel101 Global's long-term vision towards its goal to eventually establish and operate one million Hotel101 rooms across 100 countries.
Through its standardized "HappyRoom" model and condotel structure, the Company aims to deliver consistent, high-quality, affordable hospitality on a truly global scale, creating enduring value for investors, partners and guests alike.
The Board has authorized management to engage underwriters, placement agents, financial advisors and legal counsel, as necessary, to assist in the Company's pursuit, preparation and execution of the Proposed Transaction.
THIS ANNOUNCEMENT IS MADE FOR INFORMATION PURPOSES ONLY AND ...
