other
confidence high
sentiment neutral
materiality 0.20
Pono Capital Three announces separate trading of Class A shares and warrants starting April 3
New Horizon Aircraft Ltd.
- Holders of 11.5M units from IPO ($10/unit, $115M gross proceeds) may separate into Class A shares and warrants.
- Separate trading begins on or about April 3, 2023 on Nasdaq.
- Units not separated continue trading as PTHRU; separated shares trade as PTHR, warrants as PTHRW.
- Holders must instruct brokers to contact Continental Stock Transfer & Trust to effect separation.