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Selina Hospitality PLC Ordinary Shares - $SLNA STOCK NEWS

Welcome to our dedicated page for Selina Hospitality PLC Ordinary Shares news (Ticker: $SLNA), a resource for investors and traders seeking the latest updates and insights on Selina Hospitality PLC Ordinary Shares stock.

Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect Selina Hospitality PLC Ordinary Shares's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.

Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of Selina Hospitality PLC Ordinary Shares's position in the market.

Rhea-AI Summary

Selina Hospitality PLC announces key leadership appointments in its Operations and Commercial divisions to drive profitability and enhance guest experiences. New leaders bring extensive experience from renowned hospitality brands to further Selina's mission of creating authentic and memorable stays for its guests.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
1.96%
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none
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Rhea-AI Summary

Selina Hospitality PLC, listed on NASDAQ as SLNA, has announced expedited funding of $6 million under a Subscription Agreement with Osprey International The funding will now be disbursed in four monthly installments of $1.5 million each through August 2024 instead of nine installments through December 2024. This decision showcases Osprey's confidence in Selina's progress and commitment to the company. Additionally, Selina entered into a Warrant Exchange Agreement with Bet on America , exchanging private placement warrants for ordinary shares. As of April 26, 2024, Selina has a total of 543,668,969 ordinary shares issued and outstanding.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.96%
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none
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Rhea-AI Summary
Selina Hospitality PLC (NASDAQ: SLNA) received a delisting notice from NASDAQ due to its securities having a closing bid price below $0.10 for ten consecutive trading days. The company also failed to comply with the Minimum Bid Price Rule. Selina intends to file an appeal and implement a 1:30 reverse stock split to regain compliance and avoid delisting.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-14.49%
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Rhea-AI Summary
Selina Hospitality PLC (SLNA) announces its annual Earth Month initiative with over 60 cleanup events at its hotels worldwide. The initiative aims to raise environmental awareness and engage guests and local communities in sustainability practices.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-7.89%
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Rhea-AI Summary
Selina Hospitality PLC's management team reaffirms confidence in its strategy with increased equity investments, aligning with shareholders. Co-founders Museri and Rudasevski show dedication by converting cash compensation into shares, holding 6.5% of the company's share capital. The recent stock decline is not attributed to business fundamentals, with executive stock sales being for tax purposes. Executives opting for reduced cash compensation in exchange for equity showcases commitment to long-term shareholder value.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
96.25%
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none
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Rhea-AI Summary
Selina Hospitality PLC (SLNA) announces updates to its executive leadership team, promoting Gadi Hassin to COO, Rafael del Castillo to CRO, and Emilo Gracia to Chief People Officer. The company expresses gratitude to outgoing CTO and EVP. The new leadership aims to drive operational excellence, revenue growth, and HR initiatives.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.04%
Tags
management
Rhea-AI Summary
Selina Hospitality PLC (SLNA) releases a new investor presentation on its website, providing insights into its business model, growth strategies, and financial performance.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.04%
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none
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Rhea-AI Summary
Selina Hospitality PLC (NASDAQ: SLNA) commits to Earth Hour, a global environmental movement, for the second year. The company encourages sustainability through various activities across Latin America, promoting eco-friendly practices and energy conservation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.72%
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conferences
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Rhea-AI Summary
Selina Hospitality PLC (NASDAQ: SLNA) has agreed to terms for $28 million in equity financing, with an initial tranche of $20 million expected to be funded in December 2023. Additionally, the company has agreed to terms for up to $40 million of optional equity financing and for the restructuring of its $147.5 million 6.00% convertible senior notes due 2026 to reduce indebtedness, extend maturity, and PIK interest. Selina has also agreed in principle to commercial terms for strategic investments totaling up to $68 million.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-8.21%
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none
Rhea-AI Summary
Selina Hospitality PLC (Selina; NASDAQ: SLNA) collaborates with Artrade, a Global Distribution Platform, to showcase Latin American artists in its spaces, providing guests with an immersive gallery experience and the opportunity to acquire artwork. The partnership aims to empower artists, bridge the gap between art and hospitality, and create new opportunities for cultural exchange and appreciation.
Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.32%
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none
Selina Hospitality PLC Ordinary Shares

Nasdaq:SLNA

SLNA Rankings

SLNA Stock Data

27.29M
32.29M
23.07%
0.84%
0.16%
Travel Agencies
Administrative and Support and Waste Management and Remediation Services
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