Pono Capital Three Files for $100M IPO

IPO

Pono Capital Three, a new SPAC focused on companies driving growth through technology, registered with the SEC to offer 10 million units at $10 each. A unit consists of one share and a warrant.

Potential industries that fit the SPAC’s focus include enterprise security and operations applications, cloud-based content and digital streaming services, drone technology and service, AI companies, consumer healthcare and wellness, biomedical technology, entertainment/gaming companies, distance learning, and e-sports companies.

Mehana Capital is the SPAC’s sponsor.

CEO and Director DAvin Kazama since 2012 has been the founder and manager of Driven PV, which develops and manages clean energy systems.

Honolulu-based Pono Three has applied for a Nasdaq listing under the symbol PTHRU. EF Hutton is sole book-running manager. Read more.

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