Blank Check Company Pono Capital To Close Acquisition Of Japanese Flying Bike Maker, With Stock To Trade This Week: Bloomberg -- MarketWatch

Dow Jones

2023/02/02

Pono Capital Corp. (PONO) will close its previously announced acquisition of Japanese flying motorbike maker ALI Technologies Inc., as early as Friday for trading on the Nasdaq, Bloomberg reported Thursday. Under the deal, Delaware-based Aerwins Technologies, which is the U.S. unit of ALI Technologies, will own the company. Pono Capital announced the acquisition in September for $600 million in stock with plans to trade under the symbol AWIN.

-Steve Gelsi

 For more from MarketWatch: http://www.marketwatch.com/newsviewer

(END) Dow Jones Newswires

February 02, 2023 08:07 ET (13:07 GMT)

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Pono Capital announced the acquisition in September for $600 million in stock with plans to trade under the symbol AWIN. \n</p>\n<p>\n  -Steve Gelsi \n</p>\n<pre>\n For more from MarketWatch: http://www.marketwatch.com/newsviewer \n</pre>\n<p>\n  (END) Dow Jones Newswires\n</p>\n<p>\n  February 02, 2023 08:07 ET (13:07 GMT)\n</p>\n<p>\n  Copyright (c) 2023 Dow Jones &amp; Company, Inc.\n</p>\n</font>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"AWIN","symbol_name":"AERWINS Technology Inc.","start_time":0,"source_url":"http://dowjonesnews.com/newdjn/logon.aspx?AL=N","article_id":"2308028764","we_media_id":"106","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2308028764","pubTimestamp":1675343220,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Dow Jones","introduction":"Dow Jones publishes the world’s most trusted business news and financial information in a variety of media.","home_visible":0,"id":"106","head_image":"https://static.tigerbbs.com/150f88aa4d182df19190059f4a365e99"},"summary":"Pono Capital Corp. (PONO) will close its previously announced acquisition of Japanese flying motorbi","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"AWIN":"AERWINS Technology Inc."},"translate_title":"空白支票公司Pono Capital将完成对日本飞行自行车制造商的收购，股票将于本周交易：彭博-市场观察","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"AWIN":0.9,"PONO":0.9,"PONOU":1},"content_text":"Pono Capital Corp. (PONO) will close its previously announced acquisition of Japanese flying motorbike maker ALI Technologies Inc., as early as Friday for trading on the Nasdaq, Bloomberg reported Thursday. Under the deal, Delaware-based Aerwins Technologies, which is the U.S. unit of ALI Technologies, will own the company. 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