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(Incorporated in the Cayman Islands)
We are a newly organized blank check company. We intend to focus our search for a target company on the following industries: enterprise security and operations applications, cloud-based content and digital streaming services, drone technology and service, AI companies, consumer healthcare and wellness, biomedical technology, entertainment/gaming companies, distance learning, online retail, e-sports and construction technology companies.
Our expectation is that our ultimate target will be a category defining company that is leveraging technology in large, growing, or established markets led by exceptional management teams.
Dustin Shindo, our CEO, is an entrepreneur, executive, technologist and a seasoned advisor with more than 25 years of industry experience. Mr. Shindo currently serves as the manager of Mehana Management LLC, the managing member of our sponsor, Mehana Ventures LLC. He previously served as the CEO of Pono Capital Corp (NASDAQ: PONO), as well as the chairman of Pono Capital Two, Inc. (NASDAQ: PTWO), and the chairman of Pono Capital Three, Inc. (NASDAQ: PTHR). From December 2012 to December 2018, Mr. Shindo served as the CEO of Pono Health LLC (“Pono Health”), where he provided consulting, data management, analytics and software development services. Pono Health managed healthcare data for individuals in Hawaii and for clinics in Washington, Oregon and Arizona. Pono Health also developed an analytics platform used to calculate gaps in care, cost savings, and other health metrics.
From March 2001 to March 2010, Mr. Shindo served as the CEO of Hoku Scientific, based in Honolulu, Hawaii, where he led the company through an IPO on the NASDAQ Global Market and signed customer contracts totaling over $2 billion, according to the prospectus.
Gary Miyashiro, our CFO, is a skilled certified public accountant (CPA) with over 30 years of experience. Mr. Miyashiro formerly served as Chief Financial Officer of Pono Capital Three, Inc. (NASDAQ: PTHR). Since January 2011, Mr. Miyashiro has served as president of MC Group Hawaii, Inc., Manoa Consulting Group’s successor, where he performs professional services to the public in the areas of assurance, taxation and accounting.
Earlier in his career – from March 1999 to April 2001 – Mr. Miyashiro then served as vice president of GE Capital Hawaii, Inc., where he was responsible for planning, organizing and directing the company’s financial reporting, accounting and tax operations. He began his career with Grant Thornton LLP, where he worked from August 1990 to March 1999, according to the prospectus.
(Note: Pono Capital Four, Inc. priced a downsized IPO – 12 million units – down from 15 million units in the prospectus – and priced the SPAC IPO at $10.00 per unit – as expected – to raise $120 million on Thursday night, March 12, 2026. Each unit consists of one Class A ordinary share and one right to receive one-fifth (1/5th) of a share upon the consummation of an initial business combination. Background: Pono Capital Four, Inc. disclosed the terms for its SPAC IPO – 15 million units at $10.00 each – to raise $150 million, according to its S-1 filing.)
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