The transaction is anticipated to be finalised in the second half of 2024, marking a significant milestone for Hotel101 which is a hotel prop-tech operator pioneering in a globally standardised, asset-light “condotel” business model.

This complex cross-jurisdictional and high-profile transaction is led by Shanghai Partner and Hong Kong Registered Foreign Lawyer Kitty Chan and with support from Hong Kong and Shanghai Managing Partner David Bulley.

Commenting on the matter Kitty said “This transaction once again highlights our strength in handling high-profile SPAC/de-SPAC transactions and our leading position in this space in Asia with clients continuing to use Appleby due to our market leading cross-jurisdictional M&A teams and expertise.”

With a broad global footprint, strong working relationships with local regulators and deep transactional experience, our M&A team is well-positioned to advise clients on the offshore aspect of a wide range of M&A activities in the Asia-Pacific region.

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