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Pono Capital Corp. (PONO) to Combine with AERWINS Technologies in $750M Deal

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Pono Capital Corp. (PONO) to Combine with AERWINS Technologies in $750M Deal

Pono Capital (NASDAQ:PONO) has entered into a definitive agreement to combine with air mobility company AERWINS at a pro forma equity value of approximately $750 million. Tokyo, Japan-based AERWINS develops technology that enables air mobility such as a luxury hoverbike and drone-based solution services. The parties expect to close the deal in either the fourth quarter of 2022 or the
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