Dec 16, 2021
Selina (SLNA) is Going Public via SPAC - Investment Analysis
๐ก๐ฒ๐๐๐น๐ฒ๐๐๐ฒ๐ฟ: http://aconomics.com
On their website you can read that Selina provides guests with beautiful places to stay, travel, and work abroad indefinitely.ย
Plus, we use our in-depth local knowledge to create thousands of authentic activities and experiences in over 134 destinations worldwide. From the heart of urban cities to the depth of the Amazon Jungle, we put our heart, soul, and wanderlust into providing forever-travelers, break-takers, and staycaters with a new and exciting way to explore the world.ย
The deal includes a $70 million private investment in public equity, or PIPE, from South Light Capital, MORE Investment House, and Ronald Cohen. The merger is forecast to settle in the first half of 2022, with the company trading on the New York Stock Exchange under the symbol โSLNA.โ
Selina manages 134 properties worldwide. The company has placed bets that trends in remote working, wellness-focused lifestyles, and subscription models wilโฆ