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Will it work? Yes
Will it perform? No
Unless it's a small test server, you will be disappointed with performance, spinning disks can't handle the IOPS requirements. More info:
https://www.ibm.com/support/knowledgecenter/en/SSEQVQ_8.1.8/perf/r_chklist_srvdbdsk.html
You want a minimum of 4 SSD LUNs for the DB, and 1 SSD LUN for the active log. If the DB is greater than 2TB, you want to increase that to 8 SSD LUNs for the DB. And if greater than 4 TB, 12 SSD LUNs.