PONO

Pono Capital Corp. Stock Price

NasdaqCM:PONO Community·US$167.1m Market Cap
  • 0 Narratives written by author
  • 0 Comments on narratives written by author
  • 0 Fair Values set on narratives written by author

PONO Share Price Performance

US$0
0.00 (0.00%)
US$0
0.00 (0.00%)
Price US$0

PONO Community Narratives

There are no narratives available yet.

Trending Discussion

Updated Narratives

No recently updated narratives available.

Snowflake Analysis

Slightly overvalued with poor track record.

5 Risks
1 Reward

Pono Capital Corp. Key Details

US$0

Revenue

US$0

Cost of Revenue

US$0

Gross Profit

-US$8.8m

Other Expenses

US$8.8m

Earnings

Last Reported Earnings
Sep 30, 2022
Next Reporting Earnings
n/a
0.58
0%
0%
-2.0%
View Full Analysis

About PONO

Founded
2021
Employees
n/a
CEO
Dustin Shindo
Website
n/a

Pono Capital Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to identify business opportunities in the field of enterprise security and operations applications, cloud-based content and digital streaming services, drone technology and service, artificial intelligence, consumer healthcare and wellness, biomedical technology, entertainment/gaming, distance learning, and online retail and e-sports. The company was incorporated in 2021 and is based in Honolulu, Hawaii.

Recent PONO News & Updates

Seeking Alpha Sep 07

Air mobility company AERWINS to go public via $600M SPAC deal

AERWINS will go public in the U.S. via a merger with special purpose acquisition company Pono Capital (NASDAQ:PONO) in a deal that values the Japanese-American air mobility company at $600M. Middletown, Del.-based AERWINS Technologies is the parent company of A.L.I. Technologies, a Japanese corporation that produces a luxury hoverbike called Xturismo and runs a drone monitoring and management platform service called C.O.S.M.O.S. The deal values AERWINS at $600M, and is expected to result in a combined pro forma equity value of about $750M, PONO said in a statement on Wednesday. AERWINS will use the funds from the merger and from achieving a public listing for product manufacturing and to increase production capacity, pursue new research and development and to fund company operations. The transaction is expected to close in Q4 this year or Q1 2023, and AERWINS anticipates being listed on the Nasdaq under the symbol "AWIN" and "AWINW".
Seeking Alpha Aug 10

SPAC Pono Capital scraps merger with Benuvia

SPAC Pono Capital (NASDAQ:PONO) said Wednesday it scrapped its plan of merger with Benuvia by mutual agreement. PONO will now seek an alternative business combination. The SPAC said Mehana Capital, an affiliate of its sponsor Mehana Equity, deposited $1.15M into its trust account for its public stockholders. This allows PONO to extend the deadline for completing a business combination to Nov. 11 from the earlier Aug. 13.

Recent updates

No updates