Pono Capital shareholders may elect to trade their shares and warrants separately starting Friday, the SPAC said.
Units not separated will continue to trade on the Nasdaq under PONOU, and the Class A common stock and warrants that are separated will trade under PONO and PONOW.
Pono raised $100 million in an August IPO. The new SPAC intends to focus its search on companies in the disruptive technology sector with a spotlight on companies in Asia with Japan in particular, but not in China or Hong Kong. Read more.