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Hotel101 Global and JVSPAC Acquisition Corp. Announce Confidential Submission of F-4 Registration Statement Ahead of Planned Nasdaq Listing

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SINGAPORE, Jan. 31, 2025 /PRNewswire/ — Hotel101 Global Pte. Ltd (“Hotel101” or “HBNB”), an asset-light, prop-tech hospitality platform business designed for rapid global growth, and JVSPAC Acquisition Corp. (NASDAQ: JVSA) (“JVSPAC”), a special purpose acquisition company, today announced the submission of a confidential draft Registration Statement on Form F-4 to the United States Securities and Exchange Commission (“SEC”) in connection with their previously announced proposed business combination, following the signing of a definitive merger agreement between Hotel101 and JVSPAC on April 8, 2024.

Hotel101 is an asset-light, prop-tech hospitality platform pioneering a globally standardized “condotel” business model. Hotel101’s management believes that Hotel101 is poised to disrupt the hospitality industry by offering identical, standardized hotel rooms around the world, creating what it believes to be unbeatable efficiency, simplicity, and value.

Hotel101 is expected to have an equity value of over US$2.3 billion following completion of the transaction, which is expected to close in the first half of 2025 subject to regulatory and shareholder approvals, and other customary closing conditions.

Upon closing, Hotel101, the hotel subsidiary of Philippine-listed DoubleDragon Corporation (PSE: DD), is expected to trade on the Nasdaq under the ticker symbol “HBNB.”

Hotel101 management believes that the Hotel101 platform is unlike anything available in any part of the world today: while it is similar to other short-term rental platforms because its inventory is generally owned by third-party individual condominium unit owners who can opt to list their unit on the Hotel101 platform, it is able to deliver consistency, security, and predictability for its guests, as well as arguably higher acceptance in the communities where it operates as all Hotel101 properties are purposely built as hospitality assets. The global opportunity that Hotel101 management sees in the hospitality space is that of standardization, which it believes brings efficiency, especially for the value segment. In addition, Hotel101’s proprietary app (which recently hit a milestone of 1 million registered users) adopts dynamic pricing for its room rates and plans to offer self-check in, simplified by the availability of just one type of room.

By building properties at scale – what Hotel101 management believes to be roughly five times the size of other branded 3-star hotel chains – Hotel101 management believes that it can offer its guests amenities that go well beyond what it believes to be the typical offering in the value segment. These amenities usually include in-room kitchenettes, pools, gyms, business centers, all-day dining, function rooms, 24/7 front desks, and children’s playgrounds – features that other mid-tier players do not typically provide. 

Outside of the Philippines, Hotel101 has started construction in Madrid, Spain for its 680-room Hotel101-Madrid located in the Valdebebas area beside the IFEMA Convention Complex, the Real Madrid Complex and the upcoming new F1 Grand Prix Track. Another 482-room property, Hotel101-Niseko, is under construction in Hokkaido, Japan, and a site has been secured in Los Angeles, California to build the first Hotel101 in the U.S.

Hotel101’s long term vision is to have one million rooms, operating in over 100 countries worldwide, with an initial 25 identified priority countries for the medium term.

Important Information About the Proposed Transaction and Where to Find It

The proposed Transaction will be submitted to shareholders of JVSPAC for their consideration and approval. JVSPAC and PubCo intend to jointly file a registration statement (the “Registration Statement”) with the SEC which will include preliminary and definitive proxy statements to be distributed to JVSPAC’s shareholders in connection with JVSPAC’s solicitation for proxies for the vote by JVSPAC’s shareholders in connection with the proposed Transaction and other matters as described in the Registration Statement, as well as a prospectus relating to the offer of the securities to be issued to Hotel101’s shareholders in connection with the completion of the proposed Transaction. After the Registration Statement is filed and declared effective, JVSPAC will mail a definitive proxy statement and other relevant documents to its shareholders as of the record date established for voting on the proposed Transaction. JVSPAC’s shareholders and other interested persons are advised to read, once available, the preliminary proxy statement/prospectus and any amendments thereto and, once available, the definitive proxy statement/prospectus, in connection with JVSPAC’s solicitation of proxies for its special meeting of shareholders to be held to approve, among other things, the proposed Transaction, because these documents will contain important information about JVSPAC, Hotel101 and the proposed Transaction. Shareholders may also obtain a copy of the preliminary or definitive proxy statement, once available, as well as other documents filed with the SEC regarding the proposed Transaction and other documents filed with the SEC by JVSPAC, without charge, at the SEC’s website located at www.sec.gov or by directing a request to JVSPAC.

Participants in the Solicitation

JVSPAC, DoubleDragon Corporation, Hotel101, and their respective directors, executive officers and other members of management and employees may, under SEC rules, be deemed to be participants in the solicitations of proxies from JVSPAC’s shareholders in connection with the proposed Transaction. Information regarding the persons who may, under SEC rules, be deemed participants in the solicitation of JVSPAC’s shareholders in connection with the proposed Transaction will be set forth in the proxy statement/prospectus to be filed with the SEC in connection with the Transaction. You can find more information about JVSPAC’s directors and executive officers in JVSPAC’s final prospectus related to its initial public offering dated January 18, 2024. Additional information regarding the participants in the proxy solicitation and a description of their direct and indirect interests will be included in the proxy statement/prospectus when it becomes available. Shareholders, potential investors and other interested persons should read the proxy statement/prospectus carefully when it becomes available before making any voting or investment decisions. You may obtain free copies of these documents from the sources indicated above.

No Offer or Solicitation

This press release does not constitute an offer to sell or the solicitation of an offer to buy any securities, or a solicitation of any vote or approval, nor shall there be any sale of securities in any jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such jurisdiction.

Contacts
Brunswick Group – Hotel101@brunswickgroup.com

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SOURCE Hotel101

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Gemtek and Dixon Advance Strategic Collaboration to Expand Optical Connectivity Business in India

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Combining photonic integration expertise with localized manufacturing to address growing demand for high-speed optical connectivity across Broadband, Telecom and AI Infrastructure

TAIPEI, Sept. 1, 2026 /PRNewswire/ — Gemtek Technology Co., Ltd. (“Gemtek”) and Dixon Technologies (India) Limited (“Dixon”) are advancing their strategic collaboration through their joint venture in India, expanding manufacturing and market opportunities for Optical Transceivers, BOSA (Bidirectional Optical Sub-Assembly) and other high-speed optical connectivity solutions.

The collaboration combines Gemtek’s expertise in optical communications, photonic integration and product development with Dixon’s manufacturing scale, supply-chain capabilities and market presence in India, creating a scalable platform to serve Broadband, Telecom, Cloud, Data Center and AI Infrastructure markets in India and globally.

Expanding Next-Generation Optical Connectivity

Gemtek is expanding its optical connectivity portfolio with solutions spanning 1G to 1.6T, including Optical Transceivers, SFPs, BOSA and high-speed optical connectivity solutions.

Leveraging EIC-PIC photonic integration and advanced manufacturing capabilities, Gemtek is advancing its roadmap toward 800G, 1.6T and next-generation photonic integration technologies to address growing demand for high-bandwidth and high-performance connectivity driven by AI, cloud and data center infrastructure.

Strengthening Local Manufacturing and Supply-Chain Resilience in India

The collaboration supports India’s growing focus on local manufacturing of Optical Transceivers, BOSA and other high-speed optical solutions. By combining Gemtek’s technology and product development expertise with Dixon’s local manufacturing and supply-chain capabilities, the partnership enables scalable production in India while complementing Gemtek’s global manufacturing footprint, strengthening geographic diversification and overall supply-chain resilience.

Gemtek to Showcase Optical Connectivity at IMC 2026

Gemtek will participate in India Mobile Congress (IMC) 2026, taking place October 7–10, 2026, at Yashobhoomi, New Delhi, India, Hall 2, Booth B1.

Gemtek will showcase its 1G-to-1.6T Optical Connectivity portfolio and solutions for Broadband, Telecom and AI Data Center applications, including Optical Transceivers, BOSA and next-generation high-speed optical connectivity technologies.

About Gemtek

Gemtek Technology is a global provider of networking and communications solutions across Broadband, Wi-Fi, Fiber, 5G, Optical Connectivity and AI-enabled Networking. Combining photonic integration, product innovation and advanced manufacturing capabilities, Gemtek continues to expand its high-speed optical connectivity technologies and solutions.

About Dixon

Dixon Technologies (India) Limited is a leading Indian design-focused and manufacturing company serving consumer electronics, telecommunications, IT hardware and other technology sectors, with extensive capabilities in product design, engineering, large-scale manufacturing and supply-chain management.

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Haut.AI Launches AI-Powered Hair Analysis for Beauty Brands Worldwide

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New technology turns a smartphone selfie and short questionnaire into personalized hair profiles and product recommendations for beauty brands and retailers

NEW YORK, Sept. 1, 2026 /PRNewswire/ — Haut.AI, a SaaS technology company specializing in AI-powered skin intelligence and personalized skincare, today announced the commercial launch of Hair Analysis, a B2B AI-powered hair assessment technology that enables beauty brands and retailers to deliver personalized haircare recommendations through digital commerce experiences.

Hair Analysis combines a smartphone selfie with a short questionnaire to create a personalized hair profile. The technology evaluates six visible hair characteristics, combines those findings with information about a consumer’s routine and concerns and connects the resulting profile with relevant products from a brand’s catalog. Hair Analysis is now commercially available to beauty and retail companies worldwide.

The launch expands Haut.AI’s personalization platform beyond skincare, allowing brands to offer AI-powered skin and hair experiences through the same SaaS infrastructure.

“Haircare has faced a longstanding personalization challenge: hair is highly individual, yet product discovery still often relies on broad categories and trial and error,” said Anastasia Georgievskaya, CEO & Co-founder of Haut.AI. “Hair Analysis addresses that gap by combining visual assessment with consumer-provided insights to help brands connect people with more relevant products.”

How Haut.AI Hair Analysis Works

Consumers can complete a Hair Analysis assessment in less than one minute. After answering a short questionnaire about their hair, styling habits and concerns, they take a smartphone selfie that is analyzed using Haut.AI’s computer-vision technology.

The system evaluates six visible characteristics:

Hair curvatureHair densityHair volumeFrizz levelHair colorColor uniformity

Those findings are combined with questionnaire responses to create a personalized hair profile. The combined inputs support recommendations across 19 hair concerns, including dryness, frizz, split ends, hair loss, chemical damage, dandruff, lack of volume and oily or greasy hair.

Hair Analysis spans 12 product categories, from shampoos and conditioners to treatments, masks, oils, and styling products.

How Hair Analysis Helps Beauty Brands Personalize Haircare

Hair Analysis is delivered through Haut.AI’s SaaS platform and can be integrated into beauty brands’ and retailers’ digital commerce experiences. Brands can manage product catalogs, configure recommendation logic, connect individual hair profiles with relevant products from their own portfolios, and access consumer insights generated from hair analysis data to better understand customer needs and preferences.

Companies already using Haut.AI for skin analysis can add hair personalization through the same platform, creating a unified technology foundation for personalized skin and hair experiences.

Hair Analysis Builds on Haut.AI’s Beauty Personalization Technology

Hair Analysis was initially co-developed with Grupo Boticário following the Brazilian beauty company’s strategic investment in Haut.AI. The collaboration combined Haut.AI’s computer-vision and AI-powered personalization capabilities with Grupo Boticário’s experience in haircare science, consumer insights and diverse hair needs. Grupo Boticário served as Haut.AI’s launch partner for the technology, which is now available to beauty brands and retailers worldwide.

“As an early partner in the development of Hair Analysis, we’ve seen firsthand how this technology can make haircare discovery intuitive for consumers,” said Gustavo Dieamant, Executive Director of R&D at Grupo Boticário. “Hair needs are incredibly diverse, and Haut.AI has developed a solution that translates that complexity into an experience that helps consumers identify products suited to their individual needs. We’re excited to see Haut.AI now bring this technology to beauty brands around the world.”

With Hair Analysis joining Haut.AI’s Face Analysis 3.0 and recently launched Body Analysis, Haut.AI now provides AI-powered personalization across face, body and hair. This broad coverage enables beauty brands, pharmacy groups and retailers with diverse product portfolios to use a unified technology platform. It helps them address a wider range of consumer needs, deliver more personalized product recommendations and create connected beauty experiences across digital and in-store channels.

Learn more about Hair Analysis, visit https://haut.ai/products/hair-analysis.

Try the Hair Analysis demo at: https://haut.ai/hair-analysis-demo.

Press images and assets can be downloaded here.

About Haut.AI

Haut.AI is a SaaS technology company at the forefront of generative AI-powered skincare personalization and skin intelligence. Founded by scientists and AI innovators, the company has built proprietary technology that turns skin data into objective, quantifiable intelligence across all skin tones and body regions. Haut.AI collaborates with leading global beauty and wellness brands, including Neutrogena, Beiersdorf, Ulta Beauty, and Grupo Boticário, enabling them to deliver science-backed, hyper-personalized skincare experiences that drive measurable consumer engagement and business impact. For more information, visit www.haut.ai.

Media contact:
Michael Tebo
Gabriel Marketing Group (for Haut.AI)
Phone: 571-835-8775
Email: michaelt@gabrielmarketing.com 

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SOURCE Haut.AI

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AI is a Mirror, Not a Replacement: Bionic Artist Viktoria Modesta Challenges the Core of Human Value in the Machine Age

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Groundbreaking Futurist and Former MIT Media Lab Fellow Joins C. M. (Cathy) Rubin on AI for a Better World—Produced by the Planet Classroom Network—to Reframe the Emerging AI Identity Crisis for the Next Generation

NEW YORK, Sept. 1, 2026 /PRNewswire/ — As artificial intelligence shifts from a corporate automation tool into an intimate part of daily identity, a profound psychological question is emerging: If machines can replicate human intelligence, what happens to the value of human experience?

In a landmark new episode of AI For A Better World, host C. M. (Cathy) Rubin—in the acclaimed series produced by the Planet Classroom Network—sits down for an in-depth conversation with internationally recognized multimedia artist, futurist, and former MIT Media Lab Fellow Viktoria Modesta to explore how emerging technology is reshaping identity, creativity, and human agency.

“We’ve spent centuries using technology to change the world around us,” Rubin states. “But AI is doing something entirely different—it is beginning to change us. It forces us to ask: what does it truly mean to be human when the baseline of intelligence is automated?”

Dismantling the Apex Predator Fallacy

Born in the USSR within a rigid societal value system obsessed with biological perfection, Modesta has spent two decades upending conventional narratives around disability and beauty by transforming her prosthetic limb into an iconic cultural symbol of bionic potential. In her dialogue with Rubin, she notes that AI’s rapid disruption is forcing a much-needed re-evaluation of how society measures human worth.

“What’s interesting about AI is that it’s creating a juxtaposition to what is human value for the first time at scale,” Modesta explains. “We’ve valued in the past biology, abilities with sports, and intelligence. We’re now left with having to really look at the foundation… I think that it’s super exciting because for the first time, I think we will start having a little bit more appreciation for things like nature and animals, which we’ve discarded historically because it’s not the apex predator.”

AI as an Intimate Mind Prosthetic

Rather than viewing AI with existential dread, Modesta frames the technology through her unique perspective on physical augmentation, defining AI as a “prosthetic of the mind.”

“This is a relationship question,” Modesta tells Rubin. “We have created a technology that is much closer to a musical instrument. It’s something that responds to our emotions… It’s no longer just functional. This is a vehicle for our intention, it’s a vehicle for our emotion, for our aspiration of what we would like to have for ourselves and the world.”

Modesta argues that because technology adaptation is a deeply intimate, individual process, the mystery and fear dissipate when individuals actively decide what internal cognitive gaps they want the tool to expand.

The Tyranny of Uniformity and the Rise of the “Edges”

Addressing Rubin’s concerns regarding technological conformity among youth growing up alongside AI companions, Modesta delivers an optimistic counter-narrative. She argues that the flat, homogenized outputs of current Large Language Models (LLMs) will naturally expose the absurdity of uniformity.

“We’re noticing how absurd it is for LLM systems to just kind of flatline all the information and remove all the kind of edges,” says Modesta. “If you have a resume by 20 people who all use the same models, there is no meaning. There is no differentiation. We should actually end up in a better place where for the first time somebody’s just like, ‘Well, wait a minute. What are my ideas? What is my lived experience?'”

Prototyping the Future Without Permission

Through her latest project, Metabodies—an AI-powered visual framework exploring human identity across Earth, space, and virtual environments—Modesta is using AI to democratize how future human forms are imagined. Rather than relying on corporate Hollywood or scientific pillars to dictate tomorrow’s aesthetics, she uses AI to fast-track representation across body shapes, ability, race, and gender.

Reflecting on the generations entering adulthood by 2050, Modesta notes that younger builders no longer view technology through the lens of a human-versus-machine divide. To them, the integration is fluid, and the historical barriers are dissolving. “I will be talking to somebody about why disability is actually innovation,” Modesta smiles, “and they’re like, ‘Yeah, sure. I get that.'”

Key Takeaways from the Interview:

The Redefinition of Value: Why the automation of routine intelligence will push humanity to value raw intuition, emotional depth, and ecological interconnectedness.The Cognitive Instrument: Reframing AI as a fluid, responsive medium for human intention rather than a cold threat to human agency.The Power of the Non-Standard: Why the flattening effect of AI writing and design tools will create an economic premium on distinct lived experiences and “imperfect” creative edges.Democratic World-Building: How individual creators are bypassing massive institutional gatekeepers to prototype diverse futures in digital and aerospace environments.

Rubin concludes: “Viktoria reminds us that if AI is a prosthetic for the mind, it is ultimately a vehicle for human intention. AI is not a threat to what makes us human; it is a mirror that forces us to discover it. As machines automate the routine and flatline the standard, our unique perspectives, lived experiences, and creative edges become humanity’s greatest assets.

Watch AI for a Better World: What Does It Mean to Be Human in the Age of AI?

About Viktoria Modesta

Viktoria Modesta is an internationally acclaimed British-Latvian multimedia artist, creative director, futurist, and the world’s first Bionic Pop Artist. A former MIT Media Lab Fellow, her multidisciplinary work spans bionic wearables, human-machine interaction, and aerospace research with partners including NASA JPL, the Aurelia Institute, and Mission AstroAccess. Her current project, Metabodies, uses AI to explore future human identity across real and virtual environments.

About C. M. (Cathy) Rubin

C. M. (Cathy) Rubin is Co-Founder and CEO of Planet Classroom and Founder of CMRubinWorld. A multimedia journalist, author, and regular Forbes contributor who has published over 800 interviews with global leaders, her work focuses on human-centered AI strategy, institutional innovation, and the future of global education.

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SOURCE Planet Classroom Network

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