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Selina has appointed Eyal Amzallag as Chief Operations Officer. Reporting to CEO Rafael Museri, Amzallag will oversee Selina's operations across 150 properties in 25 countries. His extensive experience at Club Med, including launching in new markets, will support Selina's growth. With the addition of Amzallag and Sam Khazary as Senior VP, Selina aims to enhance its global expansion and stakeholder value. Founded in 2014, Selina merges hospitality and coworking, catering to Millennial and Gen Z travelers.
Selina Hospitality PLC and BOA Acquisition Corp. announced a financing deal involving $147.5 million in 6% senior unsecured convertible notes due 2026. This financing is set to close alongside the merger, aimed at facilitating Selina's growth strategy. CEO Rafael Museri highlighted the importance of this funding certainty to support their expansion amidst increasing demand for travel and remote work. The merger is anticipated to enhance Selina's competitive positioning in the hospitality sector, with 150 properties across 25 countries.
Selina announces a strategic partnership with TechnoArt to launch TechnoArt@Selina, aimed at supporting remote startups. This global innovation program will incubate up to 12 startups annually at over 100 locations worldwide, providing access to co-working spaces and a vast network. TechnoArt has introduced a dedicated innovation fund, investing between
Imprint has partnered with Selina to launch the Selina Rewards Visa Card, which offers exclusive rewards on purchases. Users can earn a
Selina has enhanced its leadership with the appointment of Sam Khazary as Senior Vice President and Head of Global Corporate Development, alongside the promotion of Steven Ohayon to Head of Strategy. Both will contribute significantly to Selina's expansion and upcoming public listing. Khazary brings nearly 20 years of experience from Fosun International, while Ohayon has been crucial in Selina's growth from 2 to 144 locations. Selina aims to capitalize on a $350 billion travel market, positioning itself as a leading lifestyle brand for Millennial and Gen Z travelers.
Selina, a leading experiential hospitality brand targeting Millennial and Gen Z travelers, has entered into a business combination agreement with BOA Acquisition Corp. (NYSE: BOAS). The management team will participate in several upcoming virtual conferences, including the ICR Conference on January 11th and the Needham Growth Conference on January 14th. Selina aims to address the needs of modern travelers through unique accommodations and local experiences, with 134 properties across 23 countries. The business combination will lead to Selina's public listing under the ticker symbol 'SLNA'.
Selina, a leading hospitality brand aimed at Millennial and Gen Z travelers, has entered into a business combination with BOA Acquisition Corp. (NYSE: BOAS) valuing the pro forma company at approximately
BOA Acquisition Corp. (NYSE: BOAS.U) announced that holders of its 23 million units sold during the IPO on February 26, 2021, can start trading shares of Class A common stock and warrants separately from March 31, 2021. The units will continue trading under the symbol BOAS.U, while the common stock and warrants will trade under BOAS and BOAS WS, respectively. Holders must contact Continental Stock Transfer & Trust Company to separate the units. The company operates as a blank check entity for business combinations.
