Clear Street LLC Purchases New Position in Pono Capital Two, Inc. (NASDAQ:PTWO)

Clear Street LLC acquired a new stake in shares of Pono Capital Two, Inc. (NASDAQ:PTWO) during the second quarter, according to the company in its most recent filing with the Securities & Exchange Commission. The firm acquired 9,413 shares of the company’s stock, valued at approximately $123,000. Clear Street LLC owned 0.18% of Pono Capital Two as of its most recent SEC filing.

Separately, K2 Principal Fund L.P. purchased a new stake in Pono Capital Two during the 4th quarter worth approximately $225,000. Institutional investors own 60.82% of the company’s stock.

Pono Capital Two Stock Performance

Shares of NASDAQ:PTWO opened at $11.00 on Thursday. Pono Capital Two, Inc. has a 12-month low of $8.04 and a 12-month high of $36.52. The company has a fifty day simple moving average of $12.28 and a 200 day simple moving average of $12.78.

Insider Transactions at Pono Capital Two

In other news, major shareholder Co. Ltd. Zuu purchased 8,399 shares of the firm’s stock in a transaction that occurred on Thursday, August 22nd. The stock was acquired at an average cost of $10.51 per share, for a total transaction of $88,273.49. Following the completion of the purchase, the insider now owns 1,423,718 shares of the company’s stock, valued at $14,963,276.18. The purchase was disclosed in a document filed with the SEC, which can be accessed through this hyperlink. In the last 90 days, insiders purchased 40,002 shares of company stock valued at $499,106. Insiders own 63.90% of the company’s stock.

Pono Capital Two 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.