Pono Capital Two Inc
For the period ended Dec 31, 2023. Filed Mar 19, 2024.
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FY2023 · Filed Mar 19, 2024
SBC$5.26+4.4%Stored close · as of Nov 9, 2026
Extracted filing text, with the paragraph anchors used by the comparison.
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Consolidated Statements of Operations
| For the year ended December 31, 2023 | For the period from March 11, 2022 (inception) through December 31, 2022 | |
|---|---|---|
| Operating and formation costs | $1,635,452 | $382,051 |
| Franchise tax expense | 137,379 | 161,644 |
| Loss from Operations | (1,772,831) | (543,695) |
| Other Income: | ||
| Interest and dividend income on investments held in Trust Account | 2,641,407 | 1,345,016 |
| Income before income taxes | 868,576 | 801,321 |
| Income tax expense | (528,809) | (248,508) |
| Net income | $339,767 | $552,813 |
| Basic weighted average shares outstanding, Class A common stock | 7,840,002 | 5,951,288 |
| Basic net income per share, Class A common stock | $0.04 | $0.06 |
| Diluted weighted average shares outstanding, Class A common stock | 7,900,002 | 5,951,288 |
| Diluted net income per share, Class A common stock | $0.04 | $0.06 |
| Basic weighted average shares outstanding, Class B common stock | 1,008,220 | 2,683,051 |
| Basic net income per share, Class B common stock | $0.04 | $0.06 |
| Diluted weighted average shares outstanding, Class B common stock | 1,008,220 | 2,683,051 |
| Diluted net income per share, Class B common stock | $0.04 | $0.06 |
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