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Pono Capital Two Priced, Nasdaq: PTWOU

Blank check company targeting the disruptive technology sector in Japan.

Industry: SPAC

Latest Trade: $10.54 0.00 (0.0%)

First Day Return: +0.3%

Return from IPO: +5.4%

Industry: SPAC

We are a newly organized blank check company incorporated as a Delaware corporation. We believe that there are many target companies that could become attractive public companies and we will seek a target in the disruptive technology sector with a spotlight on companies in Asia with Japan in particular. Japan is home to some well-known companies, particularly in the area of consumer electronics. In recent years, more than half of Japanese companies have net cash versus 10-20% in western developed markets – and the ability of businesses to increase dividends and share buybacks, which could see greater value ascribed to shares. Japanese stocks are therefore becoming interesting for investors seeking a secure and growing dividend income, and ideally some growth on top. The dividend yield exceeds that of the US market, but on average Japanese businesses are only paying out a third of profits as dividends, so there is significant room for pay-outs to grow. We expect to focus on identifying potential target companies with above-industry-average growth, and a defensible market position where our management team’s operational, strategic, or managerial expertise can assist in maximizing value.
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IPO News for Pono Capital Two
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IPO Data
IPO File Date 06/14/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 10.0
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 08/04/2022
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 10.0
Deal Size ($mm) $100
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
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Company Data
Headquarters Honolulu, HI
Founded 2022
Employees 2