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March 14, 2023
Nelson Mullins Attorneys Represent Pono Capital Three, Inc. in Closing of $115,000,000 Initial Public Offering
On Feb. 14, 2023, Pono Capital Three, Inc. announced the closing of its initial public offering of 10,000,000 units at $10.00 per unit.
Pono Capital Three, Inc. is a recently established special purpose acquisition company, organized as a Cayman Islands exempted company. Its primary objective is to facilitate a merger, share exchange, asset acquisition, share purchase, or reorganization with businesses or entities. This includes 1,500,000 units that were issued after the underwriters fully exercised their over-allotment option.
Nelson Mullins partner Andy Tucker led the deal with assistance from Kaylen Loflin, Kathryn Johnson, and Alex Reilly.
Read Pono Capital Three's full press release here.
Established in 1897, Nelson Mullins is an Am Law 100 firm of more than 1,000 attorneys, policy advisors and professionals with 32 offices in 16 states and Washington, D.C. For more information, go to www.nelsonmullins.com.
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Caroline Balchunas
T 843.534.4121
caroline.balchunas@nelsonmullins.com
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