Pono Capital Two, Inc. (NASDAQ:PTWO) Major Shareholder Acquires $201,617.00 in Stock

Pono Capital Two, Inc. (NASDAQ:PTWO) major shareholder Co. Ltd. Zuu purchased 15,509 shares of Pono Capital Two stock in a transaction that occurred on Wednesday, July 24th. The shares were acquired at an average price of $13.00 per share, with a total value of $201,617.00. Following the acquisition, the insider now directly owns 1,492,575 shares of the company’s stock, valued at approximately $19,403,475. The purchase was disclosed in a document filed with the SEC, which is accessible through this hyperlink. Major shareholders that own at least 10% of a company’s stock are required to disclose their transactions with the SEC.

Co. Ltd. Zuu also recently made the following trade(s):

• On Friday, July 19th, Co. Ltd. Zuu purchased 2 shares of Pono Capital Two stock. The stock was acquired at an average price of $13.00 per share, for a total transaction of $26.00.
• On Wednesday, July 17th, Co. Ltd. Zuu acquired 5,404 shares of Pono Capital Two stock. The stock was acquired at an average cost of $13.00 per share, with a total value of $70,252.00.
• On Monday, July 15th, Co. Ltd. Zuu bought 4,342 shares of Pono Capital Two stock. The shares were acquired at an average cost of $13.00 per share, for a total transaction of $56,446.00.
• On Thursday, July 11th, Co. Ltd. Zuu purchased 6,297 shares of Pono Capital Two stock. The stock was bought at an average price of $13.00 per share, with a total value of $81,861.00.
• On Tuesday, July 9th, Co. Ltd. Zuu acquired 5 shares of Pono Capital Two stock. The shares were bought at an average price of $13.00 per share, for a total transaction of $65.00.
• On Tuesday, July 2nd, Co. Ltd. Zuu bought 30 shares of Pono Capital Two stock. The shares were bought at an average price of $13.00 per share, with a total value of $390.00.
• On Thursday, June 27th, Co. Ltd. Zuu bought 2 shares of Pono Capital Two stock. The shares were bought at an average cost of $13.00 per share, for a total transaction of $26.00.
• On Monday, June 10th, Co. Ltd. Zuu purchased 100 shares of Pono Capital Two stock. The stock was bought at an average cost of $13.00 per share, with a total value of $1,300.00.
• On Thursday, June 6th, Co. Ltd. Zuu acquired 1,500 shares of Pono Capital Two stock. The shares were purchased at an average cost of $13.00 per share, with a total value of $19,500.00.
• On Friday, May 31st, Co. Ltd. Zuu bought 6 shares of Pono Capital Two stock. The stock was purchased at an average cost of $13.00 per share, for a total transaction of $78.00.

Pono Capital Two Stock Up 7.4 %

Shares of Pono Capital Two stock opened at $12.90 on Monday. The company has a 50 day moving average of $13.41 and a 200-day moving average of $12.61. Pono Capital Two, Inc. has a 1-year low of $10.35 and a 1-year high of $36.52.

Institutional Investors Weigh In On Pono Capital Two

A hedge fund recently bought a new stake in Pono Capital Two stock. K2 Principal Fund L.P. purchased a new position in shares of Pono Capital Two, Inc. (NASDAQ:PTWO) in the fourth quarter, according to the company in its most recent Form 13F filing with the SEC. The fund purchased 21,089 shares of the company’s stock, valued at approximately $225,000. K2 Principal Fund L.P. owned approximately 0.38% of Pono Capital Two as of its most recent filing with the SEC. Institutional investors own 60.82% of the company’s stock.

Pono Capital Two Company Profile

Pono Capital Two, Inc does not have any significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses. Pono Capital Two, Inc was incorporated in 2022 and is based in Honolulu, Hawaii.