Pono Capital Three, Inc.
closedU=S+1WW=S@0.75
HOVR
Capital Structure & Economics
Trust Size$102,500,000
Unit Price$0.61
Warrant Coverage1/1
Sponsor Promote20%
Implied Equity Architecture
Capital Allocation Baseline
Trust (100.0%)
Implied Dilution Drag
100% Warrant Inclusion| Public Trust Allocation | $102,500,000 |
| Sponsor At-Risk Capital | N/A |
| Total Underwriting Discount | N/A |
| Trust Per Unit (Implied) | $0.61 |
| Sponsor Promote Allocation | 20% |
Deal Lifecycle
IPO PricedNov 10, 2022
SearchingTarget Pending
Maturation Wall
Aug 14, 2024
Announced Target / M&A
- Target CompanyRobinson Aircraft Ltd. d/b/a Horizon Aircraft
- SectorAerospace
Board & Officers
- Brandon RobinsonCEO
- Davin KazamaOfficer
- Gary MiyashiroOfficer
- Officer
- Officer
- Officer
- Officer
Advanced Structuring Terms
| Target Sectors | Aerospace |
Syndicate & Advisors
- LEAD
- REPRESENTATIVE UNDERWRITER
- TRANSFER AGENT
Interactive Deal Modeling
Base financial constraints (Trust Size, Warrants, Promote) are pre-loaded into the calculation engines. Proceed to model implied dilution and advisory friction limits.