Aug. 22, 2022
WASHINGTON, D.C. – Nelson Mullins partner Andy Tucker represented Pono Capital Two, Inc. (“Pono”) in an initial public offering (“IPO”) worth $115 million. The IPO began trading August 5, 2022 on the NASDAQ Global Market under the symbol “PTWOU,” and will be able to trade on NASDAQ as a common stock under the symbol “PTWO.”
Pono is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It searches for a target business addressing a large market opportunity with a company that is driving its growth through technology. Potential industries that fit this focus are enterprise security and operations applications, cloud-based content and digital streaming services, drone technology and service, artificial intelligence companies, consumer healthcare and wellness, biomedical technology, entertainment/gaming companies, distance learning, and e-sports companies.
Tucker is a corporate and securities advisor to growing companies, particularly in the technology and government contracting sectors. He assists his clients with a broad variety of transactional support, including venture capital and private equity transactions, joint ventures, mergers and acquisitions, and public and private securities offerings.
Established in 1897, Nelson Mullins is an Am Law 100 firm of more than 930 attorneys and government relations professionals with 30 offices in 14 states and Washington, D.C. For more information on the firm, go to www.nelsonmullins.com.
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