BOA Acquisition Corp. and Selina Complete Business Combination; Selina Begins Trading as SLNA
October 27, 2022
BOA Acquisition Corp. completed its business combination with Selina, with Samba Merger Sub (a Selina subsidiary) merging into BOA and the combined company commencing Nasdaq trading under the tickers SLNA and SLNAW. The transaction, approved by BOA stockholders on October 21, 2022 and closed October 26, 2022, provides Selina with committed capital including a $54 million private placement and approximately $118 million in subscriptions to convertible notes to fund global expansion and pursue profitability.
- Buyers
- BOA Acquisition Corp.
- Targets
- Selina Hospitality PLC
- Industry
- Restaurants & Hospitality
- Location
- United Kingdom
- Transaction Type
- Buyout
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