SPAC Digest: Japan-focused Pono Capital Two raises $100m; Mobiv Acquisition secures $87m

SPAC Digest: Japan-focused Pono Capital Two raises $100m; Mobiv Acquisition secures $87m

Photographer: Victor J. Blue/Bloomberg

Special purpose acquisition companies (SPACs) Pono Capital Two and Mobiv Acquisition have raised a combined $187 million in initial public offerings (IPOs) in the US.

Japan-focused SPAC Pono Capital Two raises $100m

Pono Capital Two, a SPAC that targets the disruptive technology sector in Japan, raised $100 million in its IPO in the US by offering 10 million units at $10 each.

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