Hotel101 Global eyeing $300 million from US share saleThe approximately P17.7-bilion capital raising initiative is the second major step of Hotel101 Global in tapping the US capital market since making history in June last year by becoming the first Filipino-owned company to be listed and traded on the US Nasdaq. MANILA, Philippines — Hotel101 Global Holdings Corp., the Nasdaq-listed subsidiary of DoubleDragon Corp., is preparing to raise as much as $300 million from the issuance of perpetual convertible preferred shares in the United States. Hotel101 Global has a market capitalization of $2.3 billion as of Jan. 16. Hotel101 Global is targeting to secure commitments for a substantial portfolio of rooms across multiple countries this year, primarily through joint ventures and licensing agreements with established local partners. The company is targeting to operate one million rooms across 100 countries worldwide under its global growth strategy.