Welcome to our dedicated page for Pono Capital Three news (Ticker: PTHR), a resource for investors and traders seeking the latest updates and insights on Pono Capital Three stock.
Pono Capital Three, Inc. (symbol: PTHR) is a publicly traded company headquartered in Honolulu, Hawaii. The company operates primarily in the investment and financial services sector. Pono Capital Three focuses on identifying and acquiring promising businesses across various industries, aiming to create long-term value for its shareholders.
One of the company's significant recent developments is its proposed merger with Horizon Aircraft, an innovative player in the aerospace sector. The transaction involves a collaborative legal effort, with Nelson Mullins Riley & Scarborough LLP and Dorsey & Whitney LLP providing U.S. legal counsel, and Fang and Associates along with Gowling WLG (Canada) LLP serving as Canadian legal counsel.
Pono Capital Three leverages its extensive network and expertise to navigate the complexities of mergers and acquisitions, ensuring seamless transactions and strategic growth. The company’s commitment to excellence is underscored by its partnerships with industry-leading legal advisors.
In terms of financial condition, Pono Capital Three maintains a robust financial strategy aimed at sustainable growth and resilience. The company’s approach includes thorough due diligence and strategic decision-making to maximize shareholder value.
For more detailed inquiries, Pono Capital Three, Inc. can be contacted at 643 Ilalo St. #102, Honolulu, Hawaii 96813. Phone: (808) 892-6611, Email: Davin@PonoCorp.com.
Pono Capital Three announced the closing of its initial public offering (IPO) of 10 million units at $10.00 per unit, effective February 14, 2023. This includes 1.5 million units from the underwriters' over-allotment option. The units began trading on Nasdaq under the ticker PTHRU on February 10, 2023. Each unit comprises one Class A ordinary share and one redeemable warrant, the latter allowing purchase at $11.50 per share. The Company focuses on potential acquisitions in the disruptive technology sector, particularly in Asia, emphasizing Japan.
Pono Capital Three, Inc. has priced its initial public offering (IPO) of 10,000,000 units at $10.00 per unit, set to list on Nasdaq under the ticker symbol PTHRU on February 10, 2023. Each unit includes one Class A ordinary share and one redeemable warrant, allowing the purchase of an additional share at $11.50. The IPO is expected to close on February 14, 2023. EF Hutton is the sole book-running manager and has a 45-day option for an additional 1,500,000 units to cover over-allotments. The firm aims to merge with target companies, focusing on the disruptive technology sector, particularly in Asia.
FAQ
What is the market cap of Pono Capital Three (PTHR)?
What is Pono Capital Three, Inc.?
What recent merger is Pono Capital Three involved in?
Who are the legal advisors for the Pono-Horizon merger?
Where is Pono Capital Three, Inc. located?
How can I contact Pono Capital Three, Inc.?
What is the main focus of Pono Capital Three?
Who is Horizon Aircraft?
What is the goal of Pono Capital Three's financial strategy?
Who can I contact for investor relations at Pono Capital Three?
What industries does Pono Capital Three focus on?
