BOA Acquisition Corp. is a special purpose acquisition company (SPAC) engaged in acquiring assets and businesses through mergers, stock exchanges, asset acquisitions, or reorganizations, primarily targeting technology businesses within the real estate industry. Founded in 2020 and headquartered in Washington, D.C., the company operates with a focus on technology-driven innovation in real estate. Its core business involves identifying and merging with companies that provide technological solutions in real estate, thereby facilitating growth and expansion in this sector.
Recently, BOA Acquisition Corp. completed a business combination with Selina Hospitality, a lifestyle and experiential hospitality company targeting millennial and Gen Z travelers, in October 2022. This merger allowed BOA Acquisition Corp. to transform into a publicly traded entity, with Selina Hospitality becoming a direct, wholly-owned subsidiary. The transaction provided significant capital funding for Selina’s operations, including $54 million in private placement financing and $118 million via convertible notes. In 2025, BOA Acquisition Corp. II, a related SPAC, filed for a $200 million initial public offering, focusing on acquiring businesses in real estate and infrastructure assets with an emphasis on energy, telecommunications, and transportation sectors.
BOA Acquisition Corp. targets strategic acquisitions especially in technology and innovation for the real estate sector, extending its business model through these mergers and capital market activities. The company also maintains a NASDAQ listing under the ticker BOAS, and its strategic operations include pursuing partnerships, funding rounds, and expanding its portfolio through acquisitions in related infrastructure sectors.
In summary, BOA Acquisition Corp. provides investors with exposure to technology-driven real estate businesses via its SPAC structure, facilitating capital flow into innovative real estate and infrastructure assets primarily across the U.S. and potentially other markets through its acquisition strategy.