Mehana Capital LLC 3
3 · Pono Capital Three, Inc. · Filed Feb 9, 2023
Insider Transaction Report
Form 3
Mehana Capital LLC
10% Owner
Holdings
Class B Ordinary Shares
→ Class A Ordinary Shares (4,935,622 underlying)
Footnotes (3)
- [F1]Class B Ordinary Shares have no expiration date and will automatically convert into Class A Ordinary Shares at the time of the issuer's initial business combination on a one-for-one basis, subject to adjustment as set forth in the issuer's registration statement on Form S-1 (File No.333-268283)
- [F2]Includes up to 643,777 shares subject to forfeiture depending on the extent to which the underwriters' over-allotment option is exercised, if at all.
- [F3]This Form 3 is being filed by Mehana Capital LLC, the sponsor of the issuer (the "Sponsor"). Dustin Shindo, the issuer's director, 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 Class B Ordinary Shares held by the Sponsor, except to the extent of his respective pecuniary interest.