Filing Details

Accession Number:
0001493152-23-007032
Form Type:
4
Zero Holdings:
No
Publication Time:
2023-03-08 18:40:22
Reporting Period:
2022-08-09
Accepted Time:
2023-03-08 18:40:22
SEC Url:
Form 4 Filing
Issuer
Cik Name Symbol Sector (SIC) IRS No
1930313 Pono Capital Two Inc. PTWO Blank Checks (6770) 881263511
Insiders
Cik Name Reported Address Insider Title Director Officer Large Shareholder Other
1932779 Mehana Capital Llc 643 Ilalo St. #102
Honolulu HI 96813
No No Yes No
Reported Non-Derivative Transactions
Sec. Name Acquisiton - Disposition Date Amount Price Remaning Holdings Equity Swap Involved Form Type Code Nature of Ownership Explanation
Class A Common Stock Acquisiton 2022-08-09 634,375 $10.00 634,375 No 4 P Direct
Equity Swap Involved Form Type Code Nature of Ownership Explanation
No 4 P Direct
Reported Derivative Transactions
Sec. Name Sec. Type Acquisiton - Disposition Date Amount Price Amount - 2 Price - 2
Class A Common Stock Warrants to purchase Class A Common Stock Acquisiton 2022-08-09 634,375 $0.00 634,375 $11.50
Remaning Holdings Exercise Date Expiration Date Equity Swap Involved Transaction Form Type Transaction Code Nature of Ownership
634,375 No 4 P Direct
Footnotes
  1. The reporting person acquired 634,375 units, each unit consisting of one share of Class A Common Stock and one redeemable warrant, with each warrant entitling the holder thereof to purchase one share of Class A Common Stock for $11.50 per share.
  2. The securities are held directly by Mehana Capital LLC, the sponsor of the issuer (the "Sponsor"). Dustin Shindo, the registrant's chairman, is the manager of the Sponsor. Mr. Shindo may be deemed to beneficially own shares held by the Sponsor by virtue of his control over the Sponsor. Mr. Shindo disclaims beneficial ownership of the securities held by the Sponsor, except to the extent of his respective pecuniary interest.
  3. The warrants become exercisable on the later of (i) 30 days after the completion of the registrant's initial business combination and (ii) 12 months from the effective date of the registration statement on Form S-1 (File No. 333-265571) for registrant's initial public offering.
  4. The warrants expire 5 years after the completion of the registrant's initial business combination or earlier upon redemption or liquidation, as described in the registrant's prospectus filed with the SEC.