Hospitality company Selina has announced that it has filed a registration statement on Form F-4, also known as the “truth in securities” law.
In short, Selina is moving forward with plans to go public via merging with the SPAC (special purpose acquisition company) – the same strategy WeWork took in order to go public last year.
Selina, which offers its own coworking and coliving accommodations, recently revealed a new platform for its members to boost networking opporunities.
The filing with the U.S. Securities and Exchange Commission (SEC) offers insight into Selina’s prospectus statement tied to its previous announcement that it would be combined with BOA Acquisition Corp.
While the registration has yet to be declared effective by the SEC, it provides vital information about both BOA and Selina, and how a combined business would look like.
If and when the transaction is complete, the newly merged company will trade under the ticker SLNA.