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ALI Technologies went public via a SPAC merger with Pono Capital in a $600m deal.

Synopsis

ALI Technologies, a Japanese maker of flying motorbikes, went public via a SPAC merger with Pono Capital, a special purpose acquisition company, in a $600m deal. Pono and AERWINS believe that the Merger will promote the expansion of the AERWINS business globally, as AERWINS will be better positioned to become the global standard for air mobility.

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