Pono Capital Two registered to offer 10 million units, each consisting of one share and one-half of a warrant.
The SPAC in the filing said it will search for a target business addressing a large market opportunity with a company that is driving its growth through technology. Potential industries that fit this focus are enterprise security and operations applications, cloud-based content and digital streaming services, drone technology and service, Artificial Intelligence (“AI”) companies, consumer healthcare and wellness, biomedical technology, entertainment/gaming companies, distance learning, and e-sports companies.
CEO Daryl Nakamoto is president and owner of Viv, an accounting and finance solutions provider. Since 2021, Nakamoto has also served as controller of Hawaiian Springs.
The first Pono SPAC has a merger agreement with pharmaceutical cannabinoids company Benuvia.
The SPAC has applied to list on the Nasdaq, though has not yet selected a ticker symbol. EF Hutton is sole book-running manager. Read more.
