0001493152-23-017275.txt : 20230515 0001493152-23-017275.hdr.sgml : 20230515 20230515160448 ACCESSION NUMBER: 0001493152-23-017275 CONFORMED SUBMISSION TYPE: 10-Q PUBLIC DOCUMENT COUNT: 46 CONFORMED PERIOD OF REPORT: 20230331 FILED AS OF DATE: 20230515 DATE AS OF CHANGE: 20230515 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Pono Capital Three, Inc. CENTRAL INDEX KEY: 0001930021 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 881263511 STATE OF INCORPORATION: DE FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 10-Q SEC ACT: 1934 Act SEC FILE NUMBER: 001-41607 FILM NUMBER: 23921923 BUSINESS ADDRESS: STREET 1: 4348 WAIALAE AVE., #632 CITY: HONOLULU STATE: HI ZIP: 96816 BUSINESS PHONE: 8088926611 MAIL ADDRESS: STREET 1: 4348 WAIALAE AVE., #632 CITY: HONOLULU STATE: HI ZIP: 96816 10-Q 1 form10-q.htm
0001930021 false Q1 --12-31 http://fasb.org/us-gaap/2023#RelatedPartyMember http://fasb.org/us-gaap/2023#RelatedPartyMember 0001930021 2023-01-01 2023-03-31 0001930021 PTHR:UnitsEachConsistingOfOneClassOrdinaryShareAndOneRedeemableWarrantMember 2023-01-01 2023-03-31 0001930021 PTHR:ClassOrdinaryShare0.0001ParValuePerShareMember 2023-01-01 2023-03-31 0001930021 PTHR:RedeemableWarrantsEachWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonClassAMember 2023-05-10 0001930021 us-gaap:CommonClassBMember 2023-05-10 0001930021 2023-03-31 0001930021 2022-12-31 0001930021 us-gaap:NonrelatedPartyMember 2023-03-31 0001930021 us-gaap:NonrelatedPartyMember 2022-12-31 0001930021 us-gaap:RelatedPartyMember 2023-03-31 0001930021 us-gaap:RelatedPartyMember 2022-12-31 0001930021 us-gaap:CommonClassAMember 2023-03-31 0001930021 us-gaap:CommonClassAMember 2022-12-31 0001930021 us-gaap:CommonClassBMember 2023-03-31 0001930021 us-gaap:CommonClassBMember 2022-12-31 0001930021 2022-03-11 2022-03-31 0001930021 PTHR:ClassAMember 2023-01-01 2023-03-31 0001930021 PTHR:ClassAMember 2022-03-11 2022-03-31 0001930021 PTHR:ClassBMember 2023-01-01 2023-03-31 0001930021 PTHR:ClassBMember 2022-03-11 2022-03-31 0001930021 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2022-12-31 0001930021 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2022-12-31 0001930021 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001930021 PTHR:SubscriptionReceivableMember 2022-12-31 0001930021 us-gaap:RetainedEarningsMember 2022-12-31 0001930021 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2022-03-10 0001930021 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2022-03-10 0001930021 us-gaap:AdditionalPaidInCapitalMember 2022-03-10 0001930021 PTHR:SubscriptionReceivableMember 2022-03-10 0001930021 us-gaap:RetainedEarningsMember 2022-03-10 0001930021 2022-03-10 0001930021 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-01-01 2023-03-31 0001930021 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001930021 PTHR:SubscriptionReceivableMember 2023-01-01 2023-03-31 0001930021 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2022-03-11 2022-03-31 0001930021 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2022-03-11 2022-03-31 0001930021 us-gaap:AdditionalPaidInCapitalMember 2022-03-11 2022-03-31 0001930021 PTHR:SubscriptionReceivableMember 2022-03-11 2022-03-31 0001930021 us-gaap:RetainedEarningsMember 2022-03-11 2022-03-31 0001930021 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2023-03-31 0001930021 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2023-03-31 0001930021 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001930021 PTHR:SubscriptionReceivableMember 2023-03-31 0001930021 us-gaap:RetainedEarningsMember 2023-03-31 0001930021 us-gaap:CommonStockMember us-gaap:CommonClassAMember 2022-03-31 0001930021 us-gaap:CommonStockMember us-gaap:CommonClassBMember 2022-03-31 0001930021 us-gaap:AdditionalPaidInCapitalMember 2022-03-31 0001930021 PTHR:SubscriptionReceivableMember 2022-03-31 0001930021 us-gaap:RetainedEarningsMember 2022-03-31 0001930021 2022-03-31 0001930021 us-gaap:IPOMember 2023-02-12 2023-02-14 0001930021 us-gaap:OverAllotmentOptionMember us-gaap:CommonClassAMember 2023-02-12 2023-02-14 0001930021 us-gaap:OverAllotmentOptionMember 2023-02-12 2023-02-14 0001930021 us-gaap:PrivatePlacementMember 2023-02-12 2023-02-14 0001930021 us-gaap:PrivatePlacementMember 2023-02-14 0001930021 us-gaap:PrivatePlacementMember 2023-01-01 2023-03-31 0001930021 us-gaap:IPOMember 2023-02-14 0001930021 srt:MinimumMember 2023-01-01 2023-03-31 0001930021 PTHR:PostBusinessCombinationMember 2023-03-31 0001930021 us-gaap:IPOMember 2023-03-31 0001930021 srt:MinimumMember 2023-03-31 0001930021 us-gaap:IPOMember 2023-01-01 2023-03-31 0001930021 us-gaap:IPOMember srt:MaximumMember 2023-03-31 0001930021 srt:MinimumMember 2022-12-31 0001930021 us-gaap:CommonClassAMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonClassBMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonClassAMember 2022-03-11 2022-03-31 0001930021 us-gaap:CommonClassBMember 2022-03-11 2022-03-31 0001930021 us-gaap:CommonClassAMember PTHR:PublicWarrantMember 2023-03-31 0001930021 us-gaap:CommonClassBMember 2022-05-17 0001930021 us-gaap:CommonClassBMember 2022-05-16 2022-05-17 0001930021 us-gaap:CommonClassBMember 2022-12-21 2022-12-22 0001930021 us-gaap:CommonClassBMember us-gaap:OverAllotmentOptionMember srt:MaximumMember 2022-05-16 2022-05-17 0001930021 us-gaap:IPOMember PTHR:PromissoryNoteMember 2022-04-25 0001930021 us-gaap:IPOMember PTHR:PromissoryNoteMember us-gaap:RelatedPartyMember 2022-04-25 0001930021 us-gaap:IPOMember PTHR:PromissoryNoteMember 2023-02-13 2023-02-15 0001930021 PTHR:MehanaCapitalLLCMember PTHR:AdministrativeSupportAgreementMember us-gaap:RelatedPartyMember 2023-03-31 0001930021 PTHR:MehanaCapitalLLCMember PTHR:AdministrativeSupportAgreementMember us-gaap:RelatedPartyMember 2023-01-01 2023-03-31 0001930021 PTHR:MehanaCapitalLLCMember PTHR:AdministrativeSupportAgreementMember us-gaap:RelatedPartyMember 2022-03-11 2022-03-31 0001930021 PTHR:MehanaCapitalLLCMember PTHR:AdministrativeSupportAgreementMember us-gaap:RelatedPartyMember 2022-01-01 2022-12-31 0001930021 PTHR:AffiliateSponsorMember srt:MaximumMember 2023-03-31 0001930021 PTHR:AffiliateSponsorMember 2023-03-31 0001930021 PTHR:UnderwritingAgreementMember 2023-01-01 2023-03-31 0001930021 us-gaap:IPOMember PTHR:UnderwritersMember 2023-03-31 0001930021 us-gaap:IPOMember PTHR:UnderwritersMember 2023-01-01 2023-03-31 0001930021 PTHR:UnderwritersMember 2023-03-31 0001930021 us-gaap:IPOMember us-gaap:CommonClassAMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonClassAMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonClassBMember us-gaap:OverAllotmentOptionMember 2023-01-01 2023-03-31 0001930021 us-gaap:IPOMember PTHR:PublicWarrantMember 2023-03-31 0001930021 us-gaap:IPOMember PTHR:PlacementWarrantsMember 2023-03-31 0001930021 PTHR:PublicWarrantMember 2022-12-31 0001930021 us-gaap:CommonClassAMember PTHR:PublicWarrantMember 2022-12-31 0001930021 PTHR:PublicWarrantMember 2023-03-31 0001930021 us-gaap:IPOMember PTHR:PublicWarrantsMember 2023-03-31 0001930021 us-gaap:USTreasurySecuritiesMember 2023-03-31 0001930021 us-gaap:USTreasurySecuritiesMember us-gaap:FairValueInputsLevel1Member 2023-03-31 0001930021 us-gaap:USTreasurySecuritiesMember us-gaap:FairValueInputsLevel2Member 2023-03-31 0001930021 us-gaap:USTreasurySecuritiesMember us-gaap:FairValueInputsLevel3Member 2023-03-31 iso4217:USD xbrli:shares iso4217:USD xbrli:shares xbrli:pure

 

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 10-Q

 

(Mark One)

 

☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

For the quarterly period ended March 31, 2023

 

☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934

 

Commission File Number 001-41607

 

PONO CAPITAL THREE, INC.

(Exact name of registrant as specified in its charter)

 

Cayman Islands   N/A

(State or other jurisdiction of

incorporation or organization)

  

(IRS Employer

Identification No.)

 

643 Ilalo St., #102

Honolulu, Hawaii 96813

Telephone: (808) 892-6611

(Address, including zip code, and telephone number, including area code, of registrant’s principal executive offices)

 

N/A

(Former name, former address and former fiscal year, if changed since last report)

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Units, each consisting of one Class A Ordinary Share and one Redeemable Warrant   PTHRU   The Nasdaq Stock Market LLC
         
Class A Ordinary Share, $0.0001 par value per share   PTHR   The Nasdaq Stock Market LLC
         
Redeemable Warrants, each warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share   PTHRW   The Nasdaq Stock Market LLC

 

Indicate by check mark if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Yes ☐ No ☒

 

Indicate by check mark if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act. Yes ☐ No ☒

 

Indicate by check mark whether the registrant (1) has filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements for the past 90 days. Yes ☒ No ☐

 

Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T (Section 232.405 of this chapter) during the preceding 12 months (or such shorter period that the registrant was required to submit such files). Yes ☒ No ☐

 

Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smaller reporting company or an emerging growth company. See the definitions of “large accelerated filer,” “accelerated filer,” “smaller reporting company,” and “emerging growth company” in Rule 12b-2 of the Exchange Act:

 

Large accelerated filer ☐ Accelerated filer ☐
Non-accelerated filer ☒ Smaller reporting company ☒
  Emerging growth company ☒

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

 

Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes ☒ No ☐

 

As of May 10, 2023, there were 12,168,875 of the registrant’s Class A ordinary shares, par value $0.0001 per share, and 4,935,622 of the registrant’s Class B ordinary shares, par value $0.0001 per share, issued and outstanding.

 

 

 

 

 

 

PONO CAPITAL THREE, INC.

FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2023

Table of Contents

 

    Page
Part I. Financial Information  
Item 1. Condensed Financial Statements as of March 31, 2023 and December 31, 2022 and for the three months ended March 31, 2023 and 2022 (Unaudited)  
  Condensed Balance Sheets 3
  Condensed Statements of Operations 4
  Condensed Statements of Changes in Stockholders’ Equity (Deficit) 5
  Condensed Statements of Cash Flows 6
  Notes to Unaudited Condensed Financial Statements 7
Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations 20
Item 3. Quantitative and Qualitative Disclosures About Market Risk 24
Item 4. Controls and Procedures 24
Part II. Other Information 25
Item 1. Legal Proceedings 25
Item 1A. Risk Factors 25
Item 2. Unregistered Sale of Equity Securities and Use of Proceeds 26
Item 3. Defaults Upon Senior Securities 27
Item 4. Mine Safety Disclosures 27
Item 5. Other Information 27
Item 6. Exhibits 27

 

2
 

 

PONO CAPITAL THREE, INC.

CONDENSED BALANCE SHEETS

 

   March 31, 2023   December 31, 2022 
   (Unaudited)  

 

 
Assets:          
Current assets:          
Cash  $521,599   $88,277 
Prepaid expenses   244,185    1,372 
Dividends receivable   13,636    — 
Due from sponsor   206    — 
Total current assets   779,626    89,649 
Deferred offering costs   —    368,802 
Marketable Securities held in Trust Account   118,491,047    — 
Total Assets  $119,270,673   $458,451 
           
Liabilities and Shareholders’ Equity (Deficit):          
Current liabilities:          
Accounts payable  $16,765   $— 
Accrued expenses   27,267    — 
Accrued expenses - related party   15,000    — 
Accrued offering costs   70,000    142,138 
Promissory note - related party   —    300,000 
Promissory note - related party   —    300,000 
Total current liabilities   129,032    442,138 
Deferred underwriting fee payable   3,450,000    — 
Total Liabilities   3,579,032    442,138 
           
Commitments and Contingencies (Note 6)   -    - 
Class A ordinary shares subject to possible redemption, $0.0001 par value, 11,500,000 shares at redemption value of $10.30 and $0 per share as of March 31, 2023 and December 31, 2022, respectively   118,404,683    — 
           
Shareholders’ Equity (Deficit):          
Preference shares, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding   —    — 
Class A ordinary shares, $0.0001 par value; 100,000,000 shares authorized; 668,875 shares issued and outstanding (excluding 11,500,000 shares subject to possible redemption) and 0 shares issued and outstanding as of March 31, 2023 and December 31, 2022, respectively   67    — 
Class B ordinary shares, $0.0001 par value; 10,000,000 shares authorized; 4,935,622 issued and outstanding   494    494 
Additional paid-in capital   —    24,712 
Subscription receivable   (206)   (206)
Accumulated deficit   (2,713,397)   (8,687)
Total Shareholders’ Equity (Deficit)   (2,713,042)   16,313 
Total Liabilities and Shareholders’ Equity (Deficit)  $119,270,673   $458,451 

 

The accompanying notes are an integral part of these unaudited condensed financial statements.

 

3
 

 

PONO CAPITAL THREE, INC.

CONDENSED STATEMENTS OF OPERATIONS

(UNAUDITED)

 

   Three months ended
March 31, 2023		   For the Period From March 11, 2022 (inception) Through
March 31, 2022		 
Operating and formation costs  $130,269   $338 
Loss from operations   (130,269)   (338)
           
Other income          
Interest income on investments held in Trust Account   629,683    — 
Net income (loss)  $499,414   $(338)
           
Basic and diluted weighted average shares outstanding, Class A ordinary shares   6,084,438    — 
Basic and diluted net income per share, Class A ordinary shares  $0.05   $— 
Basic and diluted weighted average shares outstanding, Class B ordinary shares   4,935,622    — 
Basic and diluted net income per share, Class B ordinary shares  $0.05   $— 

 

The accompanying notes are an integral part of these unaudited condensed financial statements.

 

4
 

 

PONO CAPITAL THREE, INC.

CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ EQUITY (DEFICIT)

(UNAUDITED)

 

THREE MONTHS ENDED MARCH 31, 2023

 

   Shares   Amount   Shares   Amount   Capital   Receivable   Deficit   Equity (Deficit) 
  

Class A Ordinary

Shares

  

Class B Ordinary

Shares

  

Additional

Paid-in

   Subscription   Accumulated   Total
Shareholders’
 
   Shares   Amount   Shares   Amount   Capital   Receivable   Deficit   Equity (Deficit) 
Balance January 1, 2023   —   $—    4,935,622   $494   $24,712   $(206)  $(8,687)  $16,313 
Issuance of Placement Units   565,375    57    —    —    5,653,693    —    —             5,653,750 
Issuance of Representative shares   103,500    10    —    —    132,470    —    —    132,480 
Proceeds allocated to Public Warrants   —    —    —    —    3,392,500    —    —    3,392,500 
Allocation of issuance costs   —    —    —    —    (206,223)   —    —    (206,223)
Accretion redemption value of Class A ordinary shares   —    —    —    —    (8,997,152)   —    (3,204,124)   (12,201,276)
Net income   —    —    —    —    —    —    499,414    499,414 
Balance at March 31, 2023   668,875   $67    4,935,622   $494   $—   $(206)  $(2,713,397)  $(2,713,042)

 

FOR THE PERIOD FROM MARCH 11, 2022 (INCEPTION) THROUGH MARCH 31, 2022

 

  

Class A Ordinary

Shares

  

Class B Ordinary

Shares

  

Additional

Paid-in

   Subscription   Accumulated   Total
Shareholders’
 
   Shares   Amount   Shares   Amount   Capital   Receivable   Deficit   Deficit 
Balance at March 11, 2022 (inception)   —   $—    —   $—   $—   $—   $—   $— 
Net loss   —    —    —    —    —    —    (338)                (338)
Balance at March 31, 2022   —   $—    —   $—   $—   $—   $(338)  $(338)

 

The accompanying notes are an integral part of these unaudited condensed financial statements.

 

5
 

 

PONO CAPITAL THREE, INC.

CONDENSED STATEMENTS OF CASH FLOWS

(UNAUDITED)

 

   Three Months Ended
March 31, 2023		   For the Period From March 11, 2022 (inception) Through
March 31, 2022		 
Cash Flows from Operating Activities:          
Net income (loss)  $499,414   $(338)
Adjustments to reconcile net income (loss) to net cash used in operating activities:          
Interest and dividend income on investments held in Trust Account   (629,683)   — 
Changes in operating assets and liabilities:          
Prepaid expenses   (242,812)   — 
Accounts payable   16,765    338 
Accrued expenses   27,267    — 
Accrued expenses - related party   15,000    — 
Due from sponsor   (206)   — 
Net cash used in operating activities   (314,255)   — 
           
Cash Flows from Investing Activities:          
Investment of cash in Trust Account   (117,875,000)   — 
Net cash used in investing activities   (117,875,000)     
           
Cash Flows from Financing Activities:          
Proceeds from sale of Placement Units   5,653,750    — 
Proceeds from sale of Units, net of underwriting discount paid   113,735,000    — 
Repayment of Promissory note - related party   (300,000)   — 
Payment of offering costs   (466,173)   — 
Net cash provided by financing activities   118,622,577    — 
           
Net Change in Cash   433,322    — 
Cash - Beginning of period   88,277    — 
Cash - End of period  $521,599   $— 
           
Non-cash investing and financing activities:          
Accretion of Class A ordinary shares subject to redemption value  $12,201,276   $— 
Valuation of Representative Shares  $132,480   $— 
Offering costs included in Accrued offering costs  $70,000   $— 
Deferred underwriting fee payable  $3,450,000   $— 

 

The accompanying notes are an integral part of these unaudited condensed financial statements.

 

6
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

NOTE 1. DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN

 

Pono Capital Three, Inc. (the “Company”) is a blank check company incorporated in Delaware on March 11, 2022. On October 14, 2022, the Company redomiciled in the Cayman Islands. The Company was formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”). The Company is not limited to a particular industry or geographic region for purposes of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.

 

As of March 31, 2023, the Company had not commenced any operations. All activity from inception through March 31, 2023 relates to the Company’s formation and initial public offering (“Initial Public Offering”), which is described below. The Company will not generate any operating revenues until after the completion of a Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering. The Company has selected December 31 as its fiscal year end.

 

The registration statement for the Company’s Initial Public Offering was declared effective on February 9, 2023. On February 14, 2023, the Company consummated the Initial Public Offering of 11,500,000 units, (the “Units” and, with respect to the Class A ordinary shares included in the Units sold, the “Public Shares”), including 1,500,000 Units issued pursuant to the exercise of the underwriter’s over-allotment option in full, generating gross proceeds of $115,000,000, which is discussed in Note 3.

 

Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 565,375 units (the “Placement Units”) at a price of $10.00 per Placement Unit in a private placement to Mehana Capital LLC (the “Sponsor”), including 54,000 Placement Units issued pursuant to the exercise of the underwriter’s over-allotment option in full, generating gross proceeds of $5,653,750, which is described in Note 4.

 

Following the closing of the Initial Public Offering on February 14, 2023, an amount of $117,875,000 ($10.25 per Unit) from the net proceeds of the sale of the Units in the Initial Public Offering and the sale of the Placement Units was placed in a trust account (the “Trust Account”), and will be invested only in U.S. government treasury obligations with maturities of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act, which invest only in direct U.S. government treasury obligations, until the earlier of: (i) the completion of a Business Combination and (ii) the distribution of the funds held in the Trust Account, as described below.

 

Transaction costs related to the issuances described above amounted to $5,610,317, consisting of $1,265,000 of cash underwriting fees, $3,450,000 of deferred underwriting fees and $895,317 of other offering costs.

 

The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of the Placement Units, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. There is no assurance that the Company will be able to complete a Business Combination successfully. The Company must complete a Business Combination with one or more target businesses that together have an aggregate fair market value of at least 80% of the value of the Trust Account (as defined below) (excluding the deferred underwriting commissions and taxes payable on income earned on the Trust Account) at the time of the agreement to enter into an initial Business Combination. The Company will only complete a Business Combination if the post-transaction company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”).

 

7
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

The Company will provide its holders of the outstanding Public Shares (the “Public Shareholders”) with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a shareholder meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.25 per Public Share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations). There will be no redemption rights upon the completion of a Business Combination with respect to the Company’s warrants. With the completion of the Initial Public Offering, the Public Shares subject to redemption are recorded at redemption value and classified as temporary equity in accordance with the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 480, Distinguishing Liabilities from Equity (“ASC 480”).

 

The Company will proceed with a Business Combination if the Company has net tangible assets of at least $5,000,001 upon consummation of such Business Combination and a majority of the shares voted are voted in favor of the Business Combination. If the Company seeks shareholder approval of a Business Combination and it does not conduct redemptions pursuant to the tender offer rules, the amended and restated memorandum and articles of association (the “Amended and Restated Memorandum and Articles of Association”) provides that a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from seeking redemption rights with respect to 15% or more of the Public Shares without the Company’s prior written consent.

 

If a shareholder vote is not required and the Company does not decide to hold a shareholder vote for business or other legal reasons, the Company will offer such redemption pursuant to the tender offer rules of the Securities and Exchange Commission (“SEC”), and file tender offer documents containing substantially the same information as would be included in a proxy statement with the SEC prior to completing a Business Combination.

 

The Sponsor has agreed (a) to vote its Class B ordinary shares, the ordinary shares included in the Placement Units and the Public Shares purchased in the Initial Public Offering in favor of a Business Combination, (b) not to propose an amendment to the Amended and Restated Memorandum and Articles of Association with respect to the Company’s pre-Business Combination activities prior to the consummation of a Business Combination unless the Company provides dissenting Public Shareholders with the opportunity to redeem their Public Shares in conjunction with any such amendment; (c) not to redeem any shares (including the Class B ordinary shares) and Placement Units (including underlying securities) into the right to receive cash from the Trust Account in connection with a shareholder vote to approve a Business Combination (or to sell any shares in a tender offer in connection with a Business Combination if the Company does not seek shareholder approval in connection therewith) or a vote to amend the provisions of the Amended and Restated Memorandum and Articles of Association relating to shareholders’ rights of pre-Business Combination activity and (d) that the Class B ordinary shares and Placement Units (including underlying securities) shall not participate in any liquidating distributions upon winding up if a Business Combination is not consummated. However, the Sponsor will be entitled to liquidating distributions from the Trust Account with respect to any Public Shares purchased in the Initial Public Offering if the Company fails to complete its Business Combination.

 

8
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

The Company will have until 12 months (or up to 18 months from the closing of the Initial Public Offering at the election of the Company pursuant to six one month extensions subject to satisfaction of certain conditions, including the deposit of up to $379,500 ($0.033 per unit) for such one month extension, into the Trust Account, or as extended by the Company’s shareholder in accordance with the Amended and Restated Memorandum and Articles of Association) from the closing of the Initial Public Offering to consummate a Business Combination (the “Combination Period”). If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but no more than five business days thereafter, redeem 100% of the outstanding Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned (net of taxes payable and less interest to pay dissolution expenses up to $100,000), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Shareholders’ rights as shareholder (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining shareholders and the Company’s board of directors, proceed to commence a voluntary liquidation and thereby a formal dissolution of the Company, subject in each case to its obligations to provide for claims of creditors and the requirements of applicable law. The underwriter has agreed to waive its rights to the deferred underwriting commission held in the Trust Account in the event the Company does not complete a Business Combination within the Combination Period and, in such event, such amounts will be included with the funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the assets remaining available for distribution will be less than the Initial Public Offering price per Unit ($10.00).

 

The Sponsor has agreed that it will be liable to the Company, if and to the extent any claims by a vendor for services rendered or products sold to the Company, or a prospective target business with which the Company has discussed entering into a transaction agreement, reduce the amounts in the Trust Account to below $10.25 per share, except as to any claims by a third party who executed a waiver of any and all rights to seek access to the Trust Account and except as to any claims under the Company’s indemnity of the underwriter of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). In the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third-party claims. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (except for the Company’s independent registered accounting firm), prospective target businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account.

 

Going Concern and Liquidity

 

As of March 31, 2023 and December 31, 2022, the Company had $521,599 and $88,277 in cash, respectively, and a working capital surplus of $650,594 and a working capital deficit of $352,489, respectively. Prior to the completion of the Initial Public Offering, the Company lacked the liquidity it needed to sustain operations for a reasonable period of time, which is considered to be one year from the issuance date of the unaudited condensed financial statements. The Company has since completed its Initial Public Offering at which time capital in excess of the funds deposited in the Trust Account and/or used in fund offering expenses was released to the Company for general working capital purposes. In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor may provide us up to $1,500,000 under Working Capital Loans (see Note 5.)

 

The accompanying unaudited condensed financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which contemplates continuation of the Company as a going concern and the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred and expects to continue to incur significant costs in pursuit of the Company’s financing and acquisition plans. Management plans to address this uncertainty with the successful closing of the Business Combination. The Company will have until February 14, 2024 (or up to August 14, 2024, as applicable) to consummate a Business Combination. If a Business Combination is not consummated by February 14, 2024, less than one year after the date these unaudited condensed financial statements are issued, there will be a mandatory liquidation and subsequent dissolution of the Company. Management has determined that the mandatory liquidation, should a Business Combination not occur, and potential subsequent dissolution, raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities should the Company be required to liquidate after February 14, 2024. The Company intends to complete the initial Business Combination before the mandatory liquidation date. However, there can be no assurance that the Company will be able to consummate any Business Combination by February 14, 2024.

 

9
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Risks and Uncertainties

 

Management continues to evaluate the impact of the COVID-19 pandemic on the industry and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company’s financial position, results of its operations and/or search for a target company, the specific impact is not readily determinable as of the date of these unaudited condensed financial statements. These unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

Additionally, as a result of the military action commenced in February 2022 by the Russian Federation and Belarus in the country of Ukraine and related economic sanctions, the Company’s ability to consummate a Business Combination, or the operations of a target business with which the Company ultimately consummates a Business Combination, may be materially and adversely affected. Further, the Company’s ability to consummate a transaction may be dependent on the ability to raise equity and debt financing which may be impacted by these events, including as a result of increased market volatility, or decreased market liquidity in third-party financing being unavailable on terms acceptable to the Company or at all. The impact of this action and related sanctions on the world economy and the specific impact on the Company’s financial position, results of operations and/or ability to consummate a Business Combination are not yet determinable. The unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Basis of Presentation

 

The accompanying unaudited condensed financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. Certain information or footnote disclosures normally included in unaudited condensed financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s form 10-K as filed with the SEC on March 30, 2023. The interim results for three months ended March 31, 2023 are not necessarily indicative of the results to be expected for the period ending December 31, 2023 or for any future periods.

 

Emerging Growth Company

 

The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.

 

10
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s unaudited condensed financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

 

Use of Estimates

 

The preparation of the unaudited condensed financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of expenses during the reporting period.

 

Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ from those estimates.

 

Cash

 

The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of March 31, 2023 and December 31, 2022.

 

Investments Held in Trust Account

 

As of March 31, 2023 the assets held in the Trust Account were held in money market funds, which were invested in U.S. Treasury securities. All of the Company’s investments held in the Trust Account are classified as trading securities. Such trading securities are presented on the unaudited condensed balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of investments held in Trust Account are included in interest and dividend income on investments held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Account are determined using available market information. The Company had $118,491,047 and $0 and in investments held in the Trust Account as of March 31, 2023 and December 31, 2022, respectively.

 

Income Taxes

 

The Company accounts for income taxes under ASC Topic 740, Income Taxes (“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the unaudited condensed financial statements and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized.

 

11
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s unaudited condensed financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Based on the Company’s evaluation, it has been concluded that there are no significant uncertain tax positions requiring recognition in the Company’s unaudited condensed financial statements.

 

The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of March 31, 2023. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is considered an exempted Cayman Islands Company and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. Consequently, income taxes are not reflected in the Company’s unaudited condensed financial statements.

 

Class A Ordinary Shares Subject To Possible Redemption

 

All of the Class A ordinary shares sold as part of the Units in the Initial Public Offering contain a redemption feature which allows for the redemption of such Public Shares in connection with the Company’s liquidation, if there is a shareholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s Amended and Restated Articles of Association. In accordance with ASC 480, conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that currently, the Company will not redeem its Public Shares in an amount that would cause its net tangible assets (shareholders’ equity) to be less than $5,000,001. However, the threshold in its charter would not change the nature of the underlying shares as redeemable and thus Public Shares would be required to be disclosed outside of permanent equity. The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary shares to equal the redemption value ($10.25 per share) at the end of each reporting period. Such changes are reflected in additional paid-in capital, or in the absence of additional paid-in capital, in accumulated deficit. As of December 31, 2022, Class A ordinary shares subject to possible redemption was $0.

 

12
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

As of March 31, 2023, the Class A ordinary shares reflected in the unaudited condensed balance sheet is reconciled in the following table:

 

      
Gross proceeds  $115,000,000 
Less:     
Proceeds allocated to Public Warrants   (3,392,500)
Issuance costs allocated to Class A ordinary shares   (5,404,094)
Plus:     
Accretion of Class A ordinary shares subject to redemption to redemption amount   12,201,276 
Class A ordinary shares subject to possible redemption  $118,404,682 

 

Offering Costs associated with the Initial Public Offering

 

The Company complies with the requirements of ASC 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A - Expenses of Offering. Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to the Initial Public Offering. Offering costs directly attributable to the issuance of an equity contract to be classified in equity are recorded as a reduction in equity. Offering costs for equity contracts that are classified as assets and liabilities are expensed immediately. The Company incurred offering costs amounting to $5,610,317, consisting of $1,265,000 of cash underwriting fees, $3,450,000 of deferred underwriting fees and $895,317 of other offering costs. As such, the Company recorded $5,404,094 of offering costs as a reduction of temporary equity and $206,223 of offering costs as a reduction of permanent equity.

 

Net Income Per Share

 

Net income per share is computed by dividing net income by the weighted average number ordinary shares outstanding for the period. Therefore, the income per share calculation allocates income shared pro rata between Class A and Class B ordinary shares. As a result, the calculated net income per share is the same for Class A and Class B ordinary shares. The calculation of diluted income per share does not consider the effect of the warrants issued in connection with the Initial Public Offering and Placement Warrants (as defined in Note 4) since the exercise of the warrants are contingent upon the occurrence of future events.

 

The following table reflects the calculation of basic and diluted net income per share:

 SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE

  

For the three months ended

March 31, 2023

   For the period from March 11, 2022
(inception) through March 31, 2022		 
   Class A   Class B   Class A   Class B 
Basic and diluted net income per share:                    
Numerator:                    
Net Income  $275,738   $223,676   $—   $— 
Denominator:                    
Weighted Average Ordinary Shares   6,084,438    4,935,622    —    — 
Basic and diluted net income per ordinary shares  $0.05   $0.05   $—   $— 

 

Concentration of Credit Risk

 

Financial instruments that potentially subject the Company to concentration of credit risk consist of a cash account in a financial institution which, at times may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.

 

13
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Fair Value of Financial Instruments

 

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, Fair Value Measurement, approximates the carrying amounts represented in the accompanying balance sheets, primarily due to their short-term nature.

 

Derivative Financial Instruments

 

The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC Topic 815, Derivatives and Hedging (“ASC 815”). For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value on the grant date and is then re-valued at each reporting date, with changes in the fair value reported in the unaudited condensed statements of operations. For derivative instruments that are classified as equity, the derivative instruments are initially measured at fair value (or allocated value), and subsequent changes in fair value are not recognized as long as the contracts continue to be classified in equity.

 

Warrants

 

The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in ASC 480 and ASC 815. The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding.

 

For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded as liabilities at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the unaudited condensed statements of operations.

 

The warrants are not precluded from equity classification, and are accounted for as such on the date of issuance, and will be on each condensed balance sheet date thereafter. As the warrants are equity classified, they are initially measured at fair value (or allocated value). Subsequent changes in fair value are not recognized as long as the warrants continue to be classified as equity.

 

Recent Accounting Standards

 

Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s unaudited condensed financial statements.

 

NOTE 3. INITIAL PUBLIC OFFERING

 

The registration statement for the Company’s Initial Public Offering was declared effective on February 9, 2023. On February 14, 2023, the Company consummated the Initial Public Offering of 11,500,000 Units, including 1,500,000 Units issued pursuant to the exercise of the underwriters’ over-allotment option in full, generating gross proceeds of $115,000,000. Each Unit consisted of one Class A ordinary share and one redeemable warrant (“Public Warrant”). Each Public Warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per whole share (see Note 7).

 

14
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

NOTE 4. PRIVATE PLACEMENT

 

Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 565,375 Placement Units at a price of $10.00 per Placement Units, in a private placement to the Sponsor, including 54,000 Placement Units issued pursuant to the exercise of the underwriters’ over-allotment option in full, generating gross proceeds of $5,653,750. Each Placement Unit consists of one Class A ordinary share (“Placement Share”) and one warrant (“Placement Warrant”). The proceeds from the sale of the Placement Units were added to the net proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Placement Units held in the Trust Account will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Placement Units will expire worthless.

 

NOTE 5. RELATED PARTY TRANSACTIONS

 

Founder Shares

 

On May 17, 2022, the Sponsor paid an aggregate of $25,000 to cover certain expenses on behalf of the Company in exchange for the issuance of 2,875,000 Class B ordinary shares (the “Founder Shares”). On December 22, 2022, the Sponsor subscribed for additional Founder Shares resulting in the issuance of 2,060,622 Class B ordinary shares to the Sponsor for consideration of $206, which remains outstanding as of the date of these condensed financial statements. The Founder Shares included an aggregate of up to 643,777 Class B ordinary shares subject to forfeiture by the Sponsor to the extent that the underwriters’ over-allotment option is not exercised in full or in part, so that the Sponsor will own, on an as-converted basis, 30% of the Company’s issued and outstanding shares after the Initial Public Offering. The underwriters exercised the over-allotment option in full, so those shares are no longer subject to forfeiture.

 

The Sponsor has agreed not to transfer, assign or sell any of the Class B ordinary shares (except to certain permitted transferees as disclosed herein) until, with respect to any of the Class B ordinary shares, the earlier of (i) six months after the date of the consummation of a Business Combination, or (ii) the date on which the closing price of the Company’s ordinary shares equals or exceeds $12.00 per share (as adjusted for share splits, share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period commencing after a Business Combination, with respect to the remaining any of the Class B ordinary shares, upon six months after the date of the consummation of a Business Combination, or earlier, in each case, if, subsequent to a Business Combination, the Company consummates a subsequent liquidation, merger, share exchange or other similar transaction which results in all of the Company’s shareholders having the right to exchange their ordinary shares for cash, securities or other property.

 

Promissory Note - Related Party

 

On April 25, 2022, the Sponsor agreed to loan the Company an aggregate of up to $300,000 to cover expenses related to the Initial Public Offering pursuant to a promissory note (the “Promissory Note”). This loan is non-interest bearing and payable on the earlier of (i) March 31, 2023 or (ii) the date on which Company consummates the Initial Public Offering. Prior to the Initial Public Offering, the Company had borrowed $300,000 under the Promissory Note. On February 15, 2023, the Company repaid the outstanding balance under the Promissory Note of $300,000 that was borrowed prior to our initial public offering. As of March 31, 2023, there was no borrowings outstanding under the Promissory Note. The Company no longer has the ability to borrow under the Promissory Note.

 

15
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Administrative Support Agreement

 

The Company’s Sponsor has agreed, commencing from the date of the Initial Public Offering through the earlier of the Company’s consummation of a Business Combination and its liquidation, to make available to the Company certain general and administrative services, including office space, utilities and administrative services, as the Company may require from time to time. The Company has agreed to pay to Mehana Capital LLC, the Sponsor, $10,000 per month for these services during the 12-month period to complete a Business Combination. For the three months ended March 31, 2023, and for the period from March 11, 2022 (inception) through March 31, 2022, the Company incurred expenses of $15,000 and $0, respectively. As of March 31, 2023 and December 31, 2022, $15,000 and $0, respectively was accrued by the Company for expenses incurred under this agreement.

 

Related Party Loans

 

In order to finance transaction costs in connection with the initial Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required. If the Company completes the initial Business Combination, the Company will repay such loaned amounts. In the event that the initial Business Combination does not close, the Company may use a portion of the working capital held outside the Trust Account to repay such loaned amounts, including the repayment of loans from the Sponsor to pay for any amount deposited to pay for any extension of the time to complete the initial Business Combination, but no proceeds from the Trust Account would be used for such repayment. Up to $1,500,000 of such loans may be convertible into Units, at a price of $10.00 per Unit at the option of the lender, upon consummation of the initial Business Combination. The Units would be identical to the Placement Units. The terms of such loans by the Company’s officers and directors, if any, have not been determined and no written agreements exist with respect to such loans.

 

NOTE 6. COMMITMENTS AND CONTINGENCIES

 

Registration and Shareholder Rights Agreement

 

The holders of the Founder Shares and Placement Units (including securities contained therein) and Units (including securities contained therein) that may be issued upon conversion of working capital loans and extension loans, and any Class A ordinary shares issuable upon the exercise of the Placement Warrants and any Class A ordinary shares and warrants (and underlying Class A ordinary shares) that may be issued upon conversion of the Units issued as part of the working capital loans and extension loans and Class A ordinary shares issuable upon conversion of the Founder Shares, will be entitled to registration rights pursuant to a registration rights agreement signed prior on the effective date of the Initial Public Offering, requiring the Company to register such securities for resale (in the case of the Founder Shares, only after conversion to the Class A ordinary shares). The holders of these securities are entitled to make up to two demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities Act.

 

16
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Underwriting Agreement

 

Simultaneously with the Initial Public Offering, the underwriters fully exercised the over-allotment option to purchase an additional 1,500,000 Units at an offering price of $10.00 per Unit for an aggregate purchase price of $15,000,000.

 

The underwriters were paid a cash underwriting discount of $0.11 per Unit, or $1,265,000 in the aggregate, upon the closing of the Initial Public Offering. In addition, $0.30 per unit, or $3,450,000 in the aggregate will be payable to the underwriters for deferred underwriting commissions. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.

 

Representative Shares

 

Upon closing of the Initial Public Offering, the Company issued 103,500 Class A ordinary shares to the underwriters. The underwriters have agreed not to transfer, assign or sell the Representative Shares until the completion of the initial Business Combination. In addition, the underwriters have agreed (i) to waive its redemption rights with respect to the Representative Shares in connection with the completion of the initial Business Combination and (ii) to waive its rights to liquidating distributions from the Trust Account with respect to the Representative Shares if the Company fails to complete its initial Business Combination within 12 months (or up to 18 months if the Company extends such period) from the closing of the Initial Public Offering.

 

The Representative Shares are subject to a lock-up for a period of 180 days immediately following the commencement of sales of the registration statement pursuant to Rule 5110(e)(1) of FINRA’s NASD Conduct Rules. Pursuant to FINRA Rule 5110(e)(1), these securities may not be sold, transferred, assigned, pledged or hypothecated or the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securities by any person for a period of 180 days immediately following the effective date of the registration statement, nor may they be sold, transferred, assigned, pledged or hypothecated for a period of 180 days immediately following the commencement of sales of the Initial Public Offering except to any underwriter and selected dealer participating in the Initial Public Offering and their bona fide officers or partners, registered persons or affiliates or as otherwise permitted under Rule 5110(e)(2).

 

The initial measurement of the fair value of the Representative Shares was determined using the market approach to value the subject interest. Based on the indication of fair value using the market approach, the Company determined the fair value of the Representative Shares to be $1.28 per share or $132,480 (for the 103,500 Representative Shares issued) as of the date of the Initial Public Offering (which is also the grant date). As a result, $132,480 was recorded as an offering cost with a corresponding entry to permanent shareholders’ equity.

 

Right of First Refusal

 

For a period beginning on the closing of the Initial Public Offering and ending 12 months from the closing of a Business Combination, the Company has granted EF Hutton a right of first refusal to act as lead-left book running manager and lead left manager for any and all future private or public equity, convertible and debt offerings during such period. In accordance with FINRA Rule 5110(g)(3)(A)(i), such right of first refusal shall not have a duration of more than three years from the effective date of the registration statement of which this prospectus forms a part.

 

NOTE 7. SHAREHOLDERS’ EQUITY (DEFICIT)

 

Preference shares — The Company is authorized to issue 1,000,000 preference shares with a par value of $0.0001 per share, with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. As of March 31, 2023 and December 31, 2022, there were no preference shares issued or outstanding.

 

17
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Class A ordinary shares — The Company is authorized to issue 100,000,000 Class A ordinary shares with a par value of $0.0001 per share. Holders of the Company’s Class A ordinary shares are entitled to one vote for each share. As of March 31, 2023 there were 12,168,875 Class A ordinary shares issued and outstanding, including 11,500,000 Class A ordinary shares subject to possible redemption and classified as temporary equity. The remaining 565,375 shares are classified as permanent equity and are comprised of 565,375 shares included in the Placement Units and 103,500 Representative Shares. As of December 31, 2022, there were no Class A ordinary shares issued or outstanding.

 

Class B ordinary shares — The Company is authorized to issue 10,000,000 Class B ordinary shares with a par value of $0.0001 per share. Holders of the Company’s Class B ordinary shares are entitled to one vote for each share. As of March 31, 2023 and December 31, 2022, there were 4,935,622 Class B Ordinary Shares issued and outstanding. Of the 4,935,622 Class B ordinary shares outstanding, up to 643,777 shares were subject to forfeiture to the extent that the underwriters’ over-allotment option was not exercised in full or in part, so that the initial shareholders will collectively own 30% of the Company’s issued and outstanding ordinary shares after the Initial Public Offering. On February 14, 2023, the underwriters exercised the over-allotment option in full, so those shares are no longer subject to forfeiture.

 

Warrants — As of March 31, 2023, there were 11,500,000 Public Warrants and 565,375 Placement Warrants outstanding. As of December 31, 2022, there were no warrants outstanding. Each whole Public Warrant entitles the registered holder to purchase one Class A ordinary shares at a price of $11.50 per share, subject to adjustment as discussed below, at any time commencing 30 days after the completion of the initial Business Combination. Pursuant to the warrant agreement, a warrant holder may exercise its Public Warrants only for a whole number of Class A ordinary shares. No fractional Public Warrants will be issued upon separation of the units and only whole Public Warrants will trade. The Public Warrants will expire five years after the completion of the initial Business Combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.

 

The Company has agreed that as soon as practicable, but in no event later than 20 business days after the closing of the initial Business Combination, the Company will use its best efforts to file with the SEC a registration statement covering the Class A ordinary shares issuable upon exercise of the Public Warrants, to cause such registration statement to become effective and to maintain a current prospectus relating to those Class A ordinary shares until the Public Warrants expire or are redeemed, as specified in the warrant agreement. If a registration statement covering the Class A ordinary shares issuable upon exercise of the Public Warrants is not effective by the 60th business day after the closing of the initial Business Combination, Public Warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise Public Warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act; provided that such exemption is available. If that exemption, or another exemption, is not available, holders will not be able to exercise their Public Warrants on a cashless basis.

 

Once the Public Warrants become exercisable, the Company may call the Public Warrants for redemption:

 

●in whole and not in part;
   
●at a price of $0.01 per Public Warrant,
   
●upon not less than 30 days’ prior written notice of redemption given after the Public Warrants become exercisable (the “30-day redemption period”) to each Public Warrant holder; and

 

18
 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

●if, and only if, the reported last sale price of the Class A ordinary shares equals or exceeds $18.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period commencing once the Public Warrants become exercisable and ending three business days before the Company sends the notice of redemption to the Public Warrant holders.

 

If and when the Public Warrants become redeemable by the Company, the Company may not exercise the redemption right if the issuance of Class A ordinary shares upon exercise of the Public Warrants is not exempt from registration or qualification under applicable state blue sky laws or the Company is unable to effect such registration or qualification.

 

In addition, if (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination at a Newly Issued Price of less than $9.20 per Class A ordinary shares (with such issue price or effective issue price to be determined in good faith by the board of directors and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of the initial Business Combination (net of redemptions), and (z) the market value is below $9.20 per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the greater of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price described above will be adjusted (to the nearest cent) to be equal to 180% of the greater of the Market Value and the Newly Issued Price.

 

The Placement Warrants are identical to the Public Warrants except that, so long as they are held by the Sponsor or its permitted transferees, (i) they will not be redeemable by the Company, (ii) they (including the Class A ordinary shares issuable upon exercise of these Placement Warrants) may not, subject to certain limited exceptions, be transferred, assigned or sold by the Sponsor until 30 days after the completion of the initial Business Combination, (iii) they may be exercised by the holders on a cashless basis and (iv) the holders thereof (including with respect to Class A ordinary shares issuable upon exercise of such Placement Warrants) are entitled to registration rights.

 

The Company accounts for the 12,065,375 warrants issued in connection with the Initial Public Offering (including 11,500,000 Public Warrants and 565,375 Placement Warrants) in accordance with the guidance contained in ASC 815-40. Such guidance provides that the warrants described above are not precluded from equity classification. Equity-classified contracts are initially measured at fair value (or allocated value). Subsequent changes in fair value are not recognized as long as the contracts continue to be classified in equity.

 

NOTE 8. FAIR VALUE MEASUREMENTS

 

The following table presents information about the Company’s financial assets that are measured at fair value on a recurring basis as of March 31, 2023, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

Description  Amount at Fair Value   Level 1   Level 2   Level 3 
March 31, 2023                    
Assets                    
Investments held in Trust Account:                    
U.S. Treasury Securities  $118,491,047   $118,491,047   $      —   $      — 

 

As of December 31, 2022, the Company had no financial assets recorded at fair value.

 

NOTE 9. SUBSEQUENT EVENTS

 

The Company evaluated subsequent events and transactions that occurred after the unaudited condensed balance sheet date up to the date that the unaudited condensed financial statements was issued. Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the condensed unaudited financial statements.

 

19
 

 

ITEM 2. MANAGEMENT’S DISCUSSION AND ANALYSIS OF FINANCIAL CONDITION AND RESULTS OF OPERATIONS

 

References in this report (the “Quarterly Report”) to “we,” “us” or the “Company” refer to Pono Capital Three, Inc. References to our “management” or our “management team” refer to our officers and directors, and references to the “Sponsor” refer to Mehana Capital LLC. The following discussion and analysis of the Company’s financial condition and results of operations should be read in conjunction with the unaudited condensed financial statements and the notes thereto contained elsewhere in this Quarterly Report. Certain information contained in the discussion and analysis set forth below includes forward-looking statements that involve risks and uncertainties.

 

Special Note Regarding Forward-Looking Statements

 

This Quarterly Report includes “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended (the “Securities Act”) and Section 21E of the Exchange Act of 1934, as amended (the “Exchange Act”) that are not historical facts, and involve risks and uncertainties that could cause actual results to differ materially from those expected and projected. All statements, other than statements of historical fact included in this Quarterly Report including, without limitation, statements under “Management’s Discussion and Analysis of Financial Condition and Results of Operations” regarding the Company’s financial position, business strategy and the plans and objectives of management for future operations, are forward-looking statements. When used in this Quarterly Report, words such as “expect,” “believe,” “anticipate,” “intend,” “estimate,” “seek” and variations and similar words and expressions, as they relate to us or the Company’s management, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to the Company’s management. A number of factors could cause actual events, performance or results to differ materially from the events, performance and results discussed in the forward-looking statements. For information identifying important factors that could cause actual results to differ materially from those anticipated in the forward-looking statements, please refer to the Risk Factors section of the Company’s Form 10-K filed with the U.S. Securities and Exchange Commission (the “SEC”). The Company’s securities filings can be accessed on the EDGAR section of the SEC’s website at sec.report. Except as expressly required by applicable securities law, the Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise.

 

Overview

 

We are a blank check company incorporated in Delaware on March 11, 2022 (subsequently redomiciled in the Cayman Islands on October 14, 2022) formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We intend to effectuate our initial business combination using cash from the proceeds of our initial public offering (the “Initial Public Offering”) and the sale of the private placement warrants, the proceeds of the sale of our shares in connection with our initial business combination pursuant to the forward purchase agreements (or backstop agreements we may enter into or otherwise), shares issued to the owners of the target, debt issued to bank or other lenders or the owners of the target, or a combination of the foregoing or other sources.

 

Results of Operations

 

We have neither engaged in any operations nor generated any revenues to date. Our only activities for the period from March 11, 2022 (inception) through March 31, 2023 were organizational activities and those necessary to prepare for our Initial Public Offering, described below. We do not expect to generate any operating revenues until after the completion of our initial business combination. We will generate non-operating income in the form of interest income on investments held in our trust account after the Initial Public Offering. We incur expenses as a result of being a public company (for legal, financial reporting, accounting and auditing compliance), as well as for due diligence expenses.

 

20
 

 

For the for the three months ended March 31, 2023, we had a net income of $499,414, which resulted from a unrealized gain on investments held in Trust Account of $629,683, offset by formation and operating costs of $130,269.

 

For the for the period from March 11, 2022 (inception) through March 31, 2022, we had a net loss of $338, which consisted of formation and operating costs of $338.

 

Liquidity, Capital Resources and Going Concern

 

For the three months ended March 31, 2023, net cash used in operating activities was $314,255, which was due to unrealized gain on investments in the Trust Account of $629,683, offset by our net income of $499,414, and changes in working capital of $183,196.

 

There were no cash flows from operating activities for the period from March 11, 2022 (inception) through March 31, 2022.

 

For the three months ended March 31, 2023, net cash used in investing activities was $117,875,000 which was primarily due to the investment of cash in the Trust Account.

 

There were no cash flows from investing activities for the period from March 11, 2022 (inception) through March 31, 2022.

 

For the three months ended March 31, 2023, net cash provided by financing activities was $118,622,577, which was due to the proceeds from sale of Placement Units of $5,653,750, proceeds from the sale of units, net of underwriting discount paid of $113,735,000, partially offset by the payment of offering costs of $466,173, and repayment of the Promissory Note of $300,000.

 

There were no cash flows from financing activities for the period from March 11, 2022 (inception) through March 31, 2022.

 

The registration statement for the Company’s Initial Public Offering was declared effective on February 9, 2023. On February 14, 2023, the Company consummated the Initial Public Offering of 11,500,000 units, (the “Units” and, with respect to the Class A ordinary shares included in the Units sold, the “Public Shares”), including 1,500,000 Units issued pursuant to the exercise of the underwriter’s over-allotment option in full, generating gross proceeds of $115,000,000, which is discussed in Note 3.

 

Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 565,375 units (the “Placement Units”) at a price of $10.00 per Placement Unit in a private placement to Mehana Capital LLC (the “Sponsor”), including 54,000 Placement Units issued pursuant to the exercise of the underwriter’s over-allotment option in full, generating gross proceeds of $5,653,750, which is described in Note 4.

 

Following the closing of the Initial Public Offering on February 14, 2023, an amount of $117,875,000 ($10.25 per Unit) from the net proceeds of the sale of the Units in the Initial Public Offering and the sale of the Placement Units was placed in a trust account.

 

We intend to use substantially all of the funds held in the trust account, including any amounts representing interest earned on the funds held in the trust account and not previously released to us to pay our taxes (which interest shall be net of taxes payable and excluding deferred underwriting commissions) to complete our initial business combination. We may withdraw interest to pay our taxes, if any. Our annual income tax obligations will depend on the amount of interest and other income earned on the amounts held in the trust account. We expect the interest earned on the amount in the trust account will be sufficient to pay our taxes. We expect the only taxes payable by us out of the funds in the trust account will be income and franchise taxes, if any. To the extent that our ordinary shares or debt is used, in whole or in part, as consideration to complete our initial business combination, the remaining proceeds held in the trust account will be used as working capital to finance the operations of the target business or businesses, make other acquisitions and pursue our growth strategies.

 

21
 

 

We do not believe we will need to raise additional funds following this offering in order to meet the expenditures required for operating our business. However, if our estimates of the costs of identifying a target business, undertaking in-depth due diligence and negotiating an initial business combination are less than the actual amount necessary to do so, we may have insufficient funds available to operate our business prior to our initial business combination. Moreover, we may need to obtain additional financing either to complete our initial business combination or because we become obligated to redeem a significant number of our public shares upon completion of our initial business combination, in which case we may issue additional securities or incur debt in connection with such business combination.

 

The accompanying unaudited condensed financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which contemplates continuation of the Company as a going concern and the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred and expects to continue to incur significant costs in pursuit of the Company’s financing and acquisition plans. Management plans to address this uncertainty with the successful closing of the Business Combination. The Company will have until February 14, 2024 (or up to August 14, 2024, as applicable) to consummate a Business Combination. If a Business Combination is not consummated by February 14, 2024, less than one year after the date these unaudited condensed financial statements are issued, there will be a mandatory liquidation and subsequent dissolution of the Company. Management has determined that the mandatory liquidation, should a Business Combination not occur, and potential subsequent dissolution, raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities should the Company be required to liquidate after February 14, 2024. The Company intends to complete the initial Business Combination before the mandatory liquidation date. However, there can be no assurance that the Company will be able to consummate any Business Combination by February 14, 2024.

 

Off-Balance Sheet Arrangements

 

We did not have any off-balance sheet arrangements as of March 31, 2023 and December 31, 2022.

 

Contractual Obligations

 

Registration Rights

 

The holders of the Founder Shares and Placement Units (including securities contained therein) and Units (including securities contained therein) that may be issued upon conversion of working capital loans and extension loans, and any Class A ordinary shares issuable upon the exercise of the Placement Warrants and any Class A ordinary shares and warrants (and underlying Class A ordinary shares) that may be issued upon conversion of the Units issued as part of the working capital loans and extension loans and Class A ordinary shares issuable upon conversion of the Founder Shares, will be entitled to registration rights pursuant to a registration rights agreement signed prior on the effective date of the Initial Public Offering, requiring the Company to register such securities for resale (in the case of the Founder Shares, only after conversion to the Class A ordinary shares). The holders of these securities are entitled to make up to two demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities Act.

 

Promissory Notes - Related Party

 

On April 25, 2022, the Sponsor agreed to loan the Company an aggregate of up to $300,000 to cover expenses related to the Initial Public Offering pursuant to a promissory note (the “Promissory Note”). This loan is non-interest bearing and payable on the earlier of (i) March 31, 2023 or (ii) the date on which Company consummates the Initial Public Offering. Prior to the Initial Public Offering, the Company had borrowed $300,000 under the Promissory Note. On February 15, 2023, the Company repaid the outstanding balance under the Promissory Note of $300,000 that was borrowed prior to our initial public offering. As of March 31, 2023, there was no borrowings outstanding under the Promissory Note. The Company no longer has the ability to borrow under the Promissory Note.

 

22
 

 

Underwriters Agreement

 

Simultaneously with the Initial Public Offering, the underwriters fully exercised the over-allotment option to purchase an additional 1,500,000 Units at an offering price of $10.00 per Unit for an aggregate purchase price of $15,000,000.

 

The underwriters were paid a cash underwriting discount of $0.11 per Unit, or $1,265,000 in the aggregate, upon the closing of the Initial Public Offering. In addition, $0.30 per unit, or $3,450,000 in the aggregate will be payable to the underwriters for deferred underwriting commissions. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.

 

Critical Accounting Policies

 

The preparation of unaudited condensed financial statements and related disclosures in conformity with accounting principles generally accepted in the United States of America requires management to make estimates and assumptions that affect the reported amounts of assets and liabilities, disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements, and income and expenses during the periods reported. Actual results could materially differ from those estimates. We have identified the following critical accounting policies:

 

Derivative Financial Instruments

 

The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC Topic 815, Derivatives and Hedging (“ASC 815”). For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value on the grant date and is then re-valued at each reporting date, with changes in the fair value reported in the unaudited condensed statements of operations. For derivative instruments that are classified as equity, the derivative instruments are initially measured at fair value (or allocated value), and subsequent changes in fair value are not recognized as long as the contracts continue to be classified in equity.

 

Ordinary Shares Subject to Possible Redemption

 

All of the Class A ordinary shares sold as part of the Units in the Initial Public Offering contain a redemption feature which allows for the redemption of such Public Shares in connection with the Company’s liquidation, if there is a shareholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s Amended and Restated Articles of Association. In accordance with ASC 480, conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that currently, the Company will not redeem its Public Shares in an amount that would cause its net tangible assets (shareholders’ equity) to be less than $5,000,001. However, the threshold in its charter would not change the nature of the underlying shares as redeemable and thus Public Shares would be required to be disclosed outside of permanent equity. The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary shares to equal the redemption value ($10.25 per share) at the end of each reporting period. Such changes are reflected in additional paid-in capital, or in the absence of additional paid-in capital, in accumulated deficit.

 

Net Income Per Share

 

Net income per share is computed by dividing net income by the weighted average number ordinary shares outstanding for the period. The calculation of diluted income per share does not consider the effect of the warrants issued in connection with the Initial Public Offering and Placement Warrants since the exercise of the warrants are contingent upon the occurrence of future events.

 

Recent Accounting Standards

 

Management does not believe that any other recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s unaudited condensed financial statements.

 

23
 

 

Item 3. Quantitative and Qualitative Disclosures about Market Risk

 

As of March 31, 2023, we were not subject to any market or interest rate risk. Following the consummation of our Initial Public Offering, the net proceeds received into the Trust Accounts, have been invested in U.S. government treasury bills, notes or bonds with a maturity of 185 days or less or in certain money market funds that invest solely in US treasuries. Due to the short-term nature of these investments, we believe there will be no associated material exposure to interest rate risk.

 

Item 4. Controls and Procedures.

 

Disclosure controls and procedures are controls and other procedures that are designed to ensure that information required to be disclosed in our reports filed or submitted under Securities Exchange Act of 1934, as amended (the “Exchange Act”) is recorded, processed, summarized and reported within the time periods specified in the SEC’s rules and forms. Disclosure controls and procedures include, without limitation, controls and procedures designed to ensure that information required to be disclosed in our reports filed or submitted under the Exchange Act is accumulated and communicated to our management, including our Chief Executive Officer and Chief Financial Officer, to allow timely decisions regarding required disclosure.

 

Evaluation of Disclosure Controls and Procedures

 

As required by Rules 13a-15 and 15d-15 under the Exchange Act, our Chief Executive Officer and Chief Financial Officer carried out an evaluation of the effectiveness of the design and operation of our disclosure controls and procedures as of March 31, 2023. Based upon their evaluation, our Chief Executive Officer and Chief Financial Officer concluded that our disclosure controls and procedures (as defined in Rules 13a-15 (e) and 15d-15 (e) under the Exchange Act) were effective.

 

Changes in Internal Control Over Financial Reporting

 

There was no change in our internal control over financial reporting (as defined in Rules 13a-15(f) and 15d-15(f) under the Exchange Act) during the period from March 11, 2022 (inception) through December 31,2022 that has materially affected, or is reasonably likely to materially affect, our internal control over financial reporting.

 

24
 

 

PART II - OTHER INFORMATION

 

Item 1. Legal Proceedings.

 

None.

 

Item 1A. Risk Factors.

 

Factors that could cause our actual results to differ materially from those in this Quarterly Report are any of the risks described in our final prospectus for the Initial Public Offering declared effective by the SEC on February 9, 2023. Any of these factors could result in a significant or material adverse effect on our results of operations or financial condition. Additional risk factors not presently known to us or that we currently deem immaterial may also impair our business or results of operations. As of the date of this Quarterly Report, other than as described below, there have been no material changes to the risk factors disclosed in our final prospectus of our Initial Public Offering filed with the SEC.

 

Our search for a Business Combination, and any target business with which we may ultimately consummate a Business Combination, may be materially adversely affected by the geopolitical conditions resulting from the recent invasion of Ukraine by Russia and subsequent sanctions against Russia, Belarus and related individuals and entities and the status of debt and equity markets, as well as protectionist legislation in our target markets.

 

United States and global markets are experiencing volatility and disruption following the escalation of geopolitical tensions and the recent invasion of Ukraine by Russia in February 2022. In response to such invasion, the North Atlantic Treaty Organization (“NATO”) deployed additional military forces to eastern Europe, and the United States, the United Kingdom, the European Union and other countries have announced various sanctions and restrictive actions against Russia, Belarus and related individuals and entities, including the removal of certain financial institutions from the Society for Worldwide Interbank Financial Telecommunication (SWIFT) payment system. Certain countries, including the United States, have also provided and may continue to provide military aid or other assistance to Ukraine during the ongoing military conflict, increasing geopolitical tensions with Russia. The invasion of Ukraine by Russia and the resulting measures that have been taken, and could be taken in the future, by NATO, the United States, the United Kingdom, the European Union and other countries have created global security concerns that could have a lasting impact on regional and global economies. Although the length and impact of the ongoing military conflict in Ukraine is highly unpredictable, the conflict could lead to market disruptions, including significant volatility in commodity prices, credit and capital markets, as well as supply chain interruptions. Additionally, Russian military actions and the resulting sanctions could adversely affect the global economy and financial markets and lead to instability and lack of liquidity in capital markets. In addition, the recent invasion of Ukraine by Russia, and the impact of sanctions against Russia and the potential for retaliatory acts from Russia, could result in increased cyber-attacks against U.S. companies. Further, our ability to consummate a transaction may be dependent on the ability to raise equity and debt financing which may be impacted by these events, including as a result of increased market volatility, or decreased market liquidity in third-party financing being unavailable on terms acceptable to us or at all. The impact of this action and related sanctions on the world economy and the specific impact on our financial position, results of operations and/or ability to consummate a Business Combination are not yet determinable. The condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

Any of the abovementioned factors, or any other negative impact on the global economy, capital markets or other geopolitical conditions resulting from the Russian invasion of Ukraine and subsequent sanctions, could adversely affect our search for a Business Combination and any target business with which we may ultimately consummate a Business Combination. The extent and duration of the Russian invasion of Ukraine, resulting sanctions and any related market disruptions are impossible to predict, but could be substantial, particularly if current or new sanctions continue for an extended period of time or if geopolitical tensions result in expanded military operations on a global scale. Any such disruptions may also have the effect of heightening many of the other risks described in the “Risk Factors” section of our final prospectus declared effective by the SEC on October 12, 2021. If these disruptions or other matters of global concern continue for an extensive period of time, our ability to consummate a Business Combination, or the operations of a target business with which we may ultimately consummate a Business Combination, may be materially adversely affected.

 

25
 

 

The risk factor disclosure in our final prospectus as set forth under the heading “Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, including our ability to negotiate and complete our initial business combination and results of operations” is replaced in its entirety with the following risk factor:

 

Changes in laws or regulations, or a failure to comply with any laws and regulations, may adversely affect our business, including our ability to negotiate and complete our initial business combination and results of operations.

 

We are subject to laws and regulations enacted by national, regional and local governments. We will be required to comply with certain SEC and other legal requirements. Compliance with, and monitoring of, applicable laws and regulations may be difficult, time consuming and costly. Those laws and regulations and their interpretation and application may also change from time to time and those changes could have a material adverse effect on our business, investments and results of operations. In addition, a failure to comply with applicable laws or regulations, as interpreted and applied, could have a material adverse effect on our business, including our ability to negotiate and complete our initial business combination and results of operations.

 

On March 30, 2022, the SEC issued proposed rules relating to, among other items, disclosures in business combination transactions involving SPACs and private operating companies; the financial statement requirements applicable to transactions involving shell companies; the use of projections in SEC filings in connection with proposed business combination transactions; the potential liability of certain participants in proposed business combination transactions; and the extent to which special purpose acquisition companies (“SPACs”) could become subject to regulation under the Investment Company Act of 1940, as amended, including a proposed rule that would provide SPACs a safe harbor from treatment as an investment company if they satisfy certain conditions that limit a SPAC’s duration, asset composition, business purpose and activities. These rules, if adopted, whether in the form proposed or in a revised form, may increase the costs of and the time needed to negotiate and complete an initial business combination, and may constrain the circumstances under which we could complete an initial business combination.

 

Item 2. Unregistered Sale of Equity Securities and Use of Proceeds.

 

On May 17, 2022, we issued 2,875,000 founder shares to Mehana Capital LLC (the “Sponsor”) and on December 22, 2022, our Sponsor acquired an additional 2,060,622 founder shares for an aggregate purchase price of $25,206, or approximately $0.005 per share, pursuant to the exemption from registration contained in Section 4(a)(2) of the Securities Act.

 

On February 14, 2023, we consummated the Initial Public Offering of 11,500,000 units (the “Units”), including 1,500,000 Units issued pursuant to the exercise in full of the underwriter’s over-allotment option.. Each Unit consists of one Class A ordinary share of the Company, $0.0001 par value per share (the “Class A Ordinary Shares”) and one warrant of the Company (each, a “Warrant”), each whole Warrant entitling the holder thereof to purchase one Class A Ordinary Share at an exercise price of $11.50 per share, subject to adjustment, pursuant to the Company’s registration statements on Form S-1 (File No. 333-268283). The Units were sold at an offering price of $10.00 per Unit, generating gross proceeds of $115,000,000.

 

As previously reported on a Form 8-K, on February 14, 2023, simultaneously with the consummation of the Initial Public Offering, the Company consummated the private placement (the “Private Placement”) of an aggregate of 565,375 units (“Private Placement Units”) at a price of $10.00 per Private Placement Unit, generating gross proceeds of $5,653,750.

 

A total of $117,875,000 was deposited in a trust account established for the benefit of the Company’s public shareholders, with Continental Stock Transfer & Trust Company acting as trustee.

 

For a description of the use of the proceeds generated in the Initial Public Offering, see Part I, Item 2 of this Quarterly Report.

 

26
 

 

Item 3. Defaults Upon Senior Securities.

 

None.

 

Item 4. Mine Safety Disclosures.

 

Not Applicable.

 

Item 5. Other Information.

 

None.

 

Item 6. Exhibits.

 

The following exhibits are filed as part of, or incorporated by reference into, this Quarterly Report on Form 10-Q.

 

No.   Description of Exhibit
31.1*   Certification of Principal Executive Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
31.2*   Certification of Principal Financial Officer Pursuant to Securities Exchange Act Rules 13a-14(a) and 15(d)-14(a), as adopted Pursuant to Section 302 of the Sarbanes-Oxley Act of 2002
32.1**   Certification of Principal Executive Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
32.2**   Certification of Principal Financial Officer Pursuant to 18 U.S.C. Section 1350, as adopted Pursuant to Section 906 of the Sarbanes-Oxley Act of 2002
101.INS*   Inline XBRL Instance Document
101.CAL*   Inline XBRL Taxonomy Extension Calculation Linkbase Document
101.SCH*   Inline XBRL Taxonomy Extension Schema Document
101.DEF*   Inline XBRL Taxonomy Extension Definition Linkbase Document
101.LAB*   Inline XBRL Taxonomy Extension Labels Linkbase Document
101.PRE*   Inline XBRL Taxonomy Extension Presentation Linkbase Document
104   Cover Page Interactive Data File (embedded within the Inline XBRL document)

 

 

*Filed herewith.
**Furnished.

 

27
 

 

SIGNATURES

 

Pursuant to the requirements of Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned, thereunto duly authorized.

 

  PONO CAPITAL THREE, INC.
     
Date: May 15, 2023 /s/ Davin Kazama
  Name: Davin Kazama
  Title: Chief Executive Officer
    (Principal Executive Officer)
     
Date: May 15, 2023 /s/ Gary Miyashiro
  Name: Gary Miyashiro
  Title: Chief Financial Officer
    (Principal Financial and Accounting Officer)

 

28

 EX-31.1 2 ex31-1.htm

 

Exhibit 31.1

 

CERTIFICATIONS

 

I, Davin Kazama, certify that:

 

  1. I have reviewed this Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, of Pono Capital Three, Inc.;
     
  2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
     
  3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
     
  4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

 

  a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  b) (Paragraph omitted pursuant to SEC Release Nos. 33-8238/34-47986 and 33-8392/34-49313);
     
  c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
  d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

  5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
     
  (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: May 15, 2023 By: /s/ Davin Kazama
    Davin Kazama
    Chief Executive Officer
    (Principal Executive Officer)

 

 

 EX-31.2 3 ex31-2.htm

 

Exhibit 31.2

 

CERTIFICATIONS

 

I, Gary Miyashiro, certify that:

 

  1. I have reviewed this Quarterly Report on Form 10-Q for the quarter ended March 31, 2023, of Pono Capital Three, Inc.;
     
  2. Based on my knowledge, this report does not contain any untrue statement of a material fact or omit to state a material fact necessary to make the statements made, in light of the circumstances under which such statements were made, not misleading with respect to the period covered by this report;
     
  3. Based on my knowledge, the financial statements, and other financial information included in this report, fairly present in all material respects the financial condition, results of operations and cash flows of the registrant as of, and for, the periods presented in this report;
     
  4. The registrant’s other certifying officer and I are responsible for establishing and maintaining disclosure controls and procedures (as defined in Exchange Act Rules 13a-15(e) and 15d-15(e)) for the registrant and have:

 

  a) Designed such disclosure controls and procedures, or caused such disclosure controls and procedures to be designed under our supervision, to ensure that material information relating to the registrant, including its consolidated subsidiaries, is made known to us by others within those entities, particularly during the period in which this report is being prepared;
     
  b) (Paragraph omitted pursuant to SEC Release Nos. 33-8238/34-47986 and 33-8392/34-49313);
     
  c) Evaluated the effectiveness of the registrant’s disclosure controls and procedures and presented in this report our conclusions about the effectiveness of the disclosure controls and procedures, as of the end of the period covered by this report based on such evaluation; and
     
  d) Disclosed in this report any change in the registrant’s internal control over financial reporting that occurred during the registrant’s most recent fiscal quarter (the registrant’s fourth fiscal quarter in the case of an annual report) that has materially affected, or is reasonably likely to materially affect, the registrant’s internal control over financial reporting; and

 

  5. The registrant’s other certifying officer and I have disclosed, based on our most recent evaluation of internal control over financial reporting, to the registrant’s auditors and the audit committee of the registrant’s board of directors (or persons performing the equivalent functions):

 

  (a) All significant deficiencies and material weaknesses in the design or operation of internal control over financial reporting which are reasonably likely to adversely affect the registrant’s ability to record, process, summarize and report financial information; and
     
  (b) Any fraud, whether or not material, that involves management or other employees who have a significant role in the registrant’s internal control over financial reporting.

 

Date: May 15, 2023 By: /s/ Gary Miyashiro
    Gary Miyashiro
    Chief Financial Officer
    (Principal Financial and Accounting Officer)

 

 

 EX-32.1 4 ex32-1.htm

 

Exhibit 32.1

 

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADDED BY

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with the Quarterly Report of Pono Capital Three, Inc. (the “Company”) on Form 10-Q for the Quarter ended March 31, 2023, as filed with the Securities and Exchange Commission (the “Report”), I, Davin Kazama, Chief Executive Officer of the Company, certify, pursuant to 18 U.S.C. §1350, as added by §906 of the Sarbanes-Oxley Act of 2002, that:

 

  1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

  2. To my knowledge, the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of and for the period covered by the Report.

 

Date: May 15, 2023 By: /s/ Davin Kazama
    Davin Kazama
    Chief Executive Officer
    (Principal Executive Officer)

 

 

 EX-32.2 5 ex32-2.htm

 

Exhibit 32.2

 

CERTIFICATION PURSUANT TO

18 U.S.C. SECTION 1350,

AS ADDED BY

SECTION 906 OF THE SARBANES-OXLEY ACT OF 2002

 

In connection with the Quarterly Report of Pono Capital Three, Inc. (the “Company”) on Form 10-Q for the Quarterly period ended March 31, 2023, as filed with the Securities and Exchange Commission (the “Report”), I, Gary Miyashiro, Chief Financial Officer of the Company, certify, pursuant to 18 U.S.C. §1350, as added by §906 of the Sarbanes-Oxley Act of 2002, that:

 

  1. The Report fully complies with the requirements of Section 13(a) or 15(d) of the Securities Exchange Act of 1934; and

 

  2. To my knowledge, the information contained in the Report fairly presents, in all material respects, the financial condition and results of operations of the Company as of and for the period covered by the Report.

 

Date: May 15, 2023 By: /s/ Gary Miyashiro
    Gary Miyashiro
    Chief Financial Officer
    (Principal Financial and Accounting Officer)

 

 

 EX-101.SCH 6 pthr-20230331.xsd XBRL SCHEMA FILE 00000001 - Document - Cover link:presentationLink link:calculationLink link:definitionLink 00000002 - Statement - Condensed Balance Sheets link:presentationLink link:calculationLink link:definitionLink 00000003 - Statement - Condensed Balance Sheets (Parenthetical) link:presentationLink link:calculationLink link:definitionLink 00000004 - Statement - Condensed Statements of Operations (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000005 - Statement - Condensed Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000006 - Statement - Condensed Statements of Cash Flows (Unaudited) link:presentationLink link:calculationLink link:definitionLink 00000007 - Disclosure - DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN link:presentationLink link:calculationLink link:definitionLink 00000008 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES link:presentationLink link:calculationLink link:definitionLink 00000009 - Disclosure - INITIAL PUBLIC OFFERING link:presentationLink link:calculationLink link:definitionLink 00000010 - Disclosure - PRIVATE PLACEMENT link:presentationLink link:calculationLink link:definitionLink 00000011 - Disclosure - RELATED PARTY TRANSACTIONS link:presentationLink link:calculationLink link:definitionLink 00000012 - Disclosure - COMMITMENTS AND CONTINGENCIES link:presentationLink link:calculationLink link:definitionLink 00000013 - Disclosure - SHAREHOLDERS’ EQUITY (DEFICIT) link:presentationLink link:calculationLink link:definitionLink 00000014 - Disclosure - FAIR VALUE MEASUREMENTS link:presentationLink link:calculationLink link:definitionLink 00000015 - Disclosure - SUBSEQUENT EVENTS link:presentationLink link:calculationLink link:definitionLink 00000016 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) link:presentationLink link:calculationLink link:definitionLink 00000017 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) link:presentationLink link:calculationLink link:definitionLink 00000018 - Disclosure - FAIR VALUE MEASUREMENTS (Tables) link:presentationLink link:calculationLink link:definitionLink 00000019 - Disclosure - DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000020 - Disclosure - SCHEDULE OF REDEEMABLE CLASS A COMMON STOCK (Details) link:presentationLink link:calculationLink link:definitionLink 00000021 - Disclosure - SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE (Details) link:presentationLink link:calculationLink link:definitionLink 00000022 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000023 - Disclosure - INITIAL PUBLIC OFFERING (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000024 - Disclosure - PRIVATE PLACEMENT (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000025 - Disclosure - RELATED PARTY TRANSACTIONS (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000026 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000027 - Disclosure - SHAREHOLDERS’ EQUITY (DEFICIT) (Details Narrative) link:presentationLink link:calculationLink link:definitionLink 00000028 - Disclosure - SCHEDULE OF FINANCIAL ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS (Details) link:presentationLink link:calculationLink link:definitionLink 00000029 - Disclosure - FAIR VALUE MEASUREMENTS (Details Narrative) link:presentationLink link:calculationLink link:definitionLink EX-101.CAL 7 pthr-20230331_cal.xml XBRL CALCULATION FILE EX-101.DEF 8 pthr-20230331_def.xml XBRL DEFINITION FILE EX-101.LAB 9 pthr-20230331_lab.xml XBRL LABEL FILE Class of Stock [Axis] Units Each Consisting Of One Class Ordinary Share And One Redeemable Warrant [Member] Class Ordinary Share 0. 0001 Par Value Per Share [Member] Redeemable Warrants Each Warrant Exercisable For One Class Ordinary Share At Exercise Price Of 11. 50 Per Share [Member] Common Class A [Member] Common Class B [Member] Related and Nonrelated Party Status [Axis] Nonrelated Party [Member] Related Party [Member] Class A [Member] Class B [Member] Equity Components [Axis] Common Stock [Member] Additional Paid-in Capital [Member] Subscription Receivable [Member] Retained Earnings [Member] Sale of Stock [Axis] IPO [Member] Over-Allotment Option [Member] Private Placement [Member] Statistical Measurement [Axis] Minimum [Member] Business Acquisition [Axis] Post-combination Business [Member] Maximum [Member] Public Warrant [Member] Debt Instrument [Axis] Promissory Note [Member] Legal Entity [Axis] Mehana Capital L L C [Member] Collaborative Arrangement and Arrangement Other than Collaborative [Axis] Administrative Support Agreement [Member] Affiliate Sponsor [Member] Underwriting Agreement [Member] Title of Individual [Axis] Underwriters [Member] Placement Warrants [Member] Public Warrants [Member] Financial Instrument [Axis] US Treasury Securities [Member] Fair Value Hierarchy and NAV [Axis] Fair Value, Inputs, Level 1 [Member] Fair Value, Inputs, Level 2 [Member] Fair Value, Inputs, Level 3 [Member] Statement [Table] Statement [Line Items] Document Type Amendment Flag Amendment Description Document Registration Statement Document Annual Report Document Quarterly Report Document Transition Report Document Shell Company Report Document Shell Company Event Date Document Period Start Date Document Period End Date Document Fiscal Period Focus Document Fiscal Year Focus Current Fiscal Year End Date Entity File Number Entity Registrant Name Entity Central Index Key Entity Primary SIC Number Entity Tax Identification Number Entity Incorporation, State or Country Code Entity Address, Address Line One Entity Address, Address Line Two Entity Address, Address Line Three Entity Address, City or Town Entity Address, State or Province Entity Address, Country Entity Address, Postal Zip Code Country Region City Area Code Local Phone Number Extension Written Communications Soliciting Material Pre-commencement Tender Offer Pre-commencement Issuer Tender Offer Title of 12(b) Security No Trading Symbol Flag Trading Symbol Security Exchange Name Title of 12(g) Security Security Reporting Obligation Annual Information Form Audited Annual Financial Statements Entity Well-known Seasoned Issuer Entity Voluntary Filers Entity Current Reporting Status Entity Interactive Data Current Entity Filer Category Entity Small Business Entity Emerging Growth Company Elected Not To Use the Extended Transition Period Document Accounting Standard Other Reporting Standard Item Number Entity Shell Company Entity Public Float Entity Bankruptcy Proceedings, Reporting Current Entity Common Stock, Shares Outstanding Documents Incorporated by Reference [Text Block] Assets: Current assets: Cash Prepaid expenses Dividends receivable Due from sponsor Total current assets Deferred offering costs Marketable Securities held in Trust Account Total Assets Liabilities and Shareholders’ Equity (Deficit): Current liabilities: Accounts payable Accrued expenses - related party Accrued offering costs Promissory note - related party Other Liability, Current, Related and Nonrelated Party Status [Extensible Enumeration] Total current liabilities Deferred underwriting fee payable Total Liabilities Commitments and Contingencies (Note 6) Class A ordinary shares subject to possible redemption, $0.0001 par value, 11,500,000 shares at redemption value of $10.30 and $0 per share as of March 31, 2023 and December 31, 2022, respectively Shareholders’ Equity (Deficit): Preference shares, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding Ordinary shares Additional paid-in capital Subscription receivable Accumulated deficit Total Shareholders’ Equity (Deficit) Total Liabilities and Shareholders’ Equity (Deficit) Temporary equity, par value Temporary equity, shares authorized Redemption value per share Preferred stock, par value Preferred stock, shares authorized Preferred stock, shares issued Preferred stock, shares outstanding Common stock, par value Commo stock, shares authorized Common stock, share issued Common stock, share outstanding Redemption of shares Operating and formation costs Loss from operations Other income Interest income on investments held in Trust Account Net income (loss) Basic and diluted weighted average shares outstanding, Class B ordinary shares Basic and diluted net income per share, Class B ordinary shares Beginning balance, value Beginning balance, shares Issuance of Placement Units Issuance of Placement Units, shares Issuance of Representative shares Issuance of Representative shares, shares Proceeds allocated to Public Warrants Allocation of issuance costs Accretion redemption value of Class A ordinary shares Net income (loss) Ending balance, value Ending balance, shares Statement of Cash Flows [Abstract] Cash Flows from Operating Activities: Adjustments to reconcile net income (loss) to net cash used in operating activities: Interest and dividend income on investments held in Trust Account Changes in operating assets and liabilities: Prepaid expenses Accounts payable Accrued expenses Accrued expenses - related party Due from sponsor Net cash used in operating activities Cash Flows from Investing Activities: Investment of cash in Trust Account Net cash used in investing activities Cash Flows from Financing Activities: Proceeds from sale of Placement Units Proceeds from sale of Units, net of underwriting discount paid Repayment of Promissory note - related party Payment of offering costs Net cash provided by financing activities Net Change in Cash Cash - Beginning of period Cash - End of period Non-cash investing and financing activities: Accretion of Class A ordinary shares subject to redemption value Valuation of Representative Shares Offering costs included in Accrued offering costs Deferred underwriting fee payable Accounting Policies [Abstract] DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Initial Public Offering INITIAL PUBLIC OFFERING Private Placement PRIVATE PLACEMENT Related Party Transactions [Abstract] RELATED PARTY TRANSACTIONS Commitments and Contingencies Disclosure [Abstract] COMMITMENTS AND CONTINGENCIES Equity [Abstract] SHAREHOLDERS’ EQUITY (DEFICIT) Fair Value Disclosures [Abstract] FAIR VALUE MEASUREMENTS Subsequent Events [Abstract] SUBSEQUENT EVENTS Basis of Presentation Emerging Growth Company Use of Estimates Cash Investments Held in Trust Account Income Taxes Class A Ordinary Shares Subject To Possible Redemption Offering Costs associated with the Initial Public Offering Net Income Per Share Concentration of Credit Risk Fair Value of Financial Instruments Derivative Financial Instruments Warrants Recent Accounting Standards SCHEDULE OF REDEEMABLE CLASS A COMMON STOCK SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE SCHEDULE OF FINANCIAL ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS Property, Plant and Equipment [Table] Property, Plant and Equipment [Line Items] Date of incorporation Number of shares of stock issued Proceeds from initial public offering Sale of stock number of shares issued Sale of stock price per share Proceeds from private placement Sale of stock shares issued Transaction cost Payments for underwriting expense Deferred underwriting fees Other offering costs Percentage of fair market value of business acquisition Percentage of voting interests acquired Shares issued price per share Business combination, net tangible assets Business combination description Deposits Taxes payable and less interest to pay dissolution expenses working capital surplus Working capital deficit Working capital loans Gross proceeds Proceeds allocated to Public Warrants Issuance costs allocated to Class A ordinary shares Accretion of Class A ordinary shares subject to redemption to redemption amount Class A ordinary shares subject to possible redemption Net Income Weighted average ordinary shares Basic and diluted net income per ordinary shares Investments held in trust account Unrecognized tax benefits Accrued for interest and penalties Business combination tangible assets net Redemption price per share Payments of stock issuance costs Cash underwriting fees Offering cost Temporary equity Cash, FDIC insured amount Sale of stock, number of shares issued in transaction Exercise price per share Subsidiary or Equity Method Investee, Sale of Stock by Subsidiary or Equity Investee [Table] Subsidiary, Sale of Stock [Line Items] Schedule of Related Party Transactions, by Related Party [Table] Related Party Transaction [Line Items] Additional founder shares Sponsor for subscription remains outstanding Sharebased payment award options forfeitures Percentage of issued and outstanding shares Loan amount Promissory note - related party Repayment of promissory note - related party Service cost payable Incurred expenses Issuable, value assigned Business acquisition, share price Collaborative Arrangement and Arrangement Other than Collaborative [Table] Collaborative Arrangement and Arrangement Other than Collaborative [Line Items] Number of share options exercised Number of share options exercised value Share price Shares price per share Representative shares value Representative shares issued Permanent shareholders equity Schedule of Stock by Class [Table] Class of Stock [Line Items] Preference stock, shares outstanding Common stock voting rights Common stock, redumption shares Temporary to permanent equity shares Issuance of placement units, shares Issuance of representative shares, shares Common stock, shares issued Share based payment award options forfeitures Warrants issued Public warrants Newly issued price per shares Schedule of Fair Value, off-Balance-Sheet Risks [Table] Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items] Investments held in Trust Account Financial assets Redeemable Warrants, each warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share Class A Ordinary Share, $0.0001 par value per share Units, each consisting of one Class A Ordinary Share and one Redeemable Warrant Initial Public Offering [Disclosure Text Block] Public Warrant [Member] Private Placement [Disclosure Text Block] Due from sponsor. Issuance of class B ordinary shares to sponsor for subscription remains outstanding. Percentage of issued and outstanding shares after initial public offering collectively held by initial stockholders. Promissory Note [Member] Mehana Capital LLC [Member] Administrative Support Agreement [Member] Subscription receivable Affiliate Sponsor [Member] Underwriting Agreement [Member] Underwriters [Member] Stock issued during priod value of representative shares. Stock issued during priod share of representative shares. Accrued offering costs Class A [Member] Class B [Member] Subscription Receivable [Member] Placement Warrants [Member] Business combination initial public offering description. Public Warrants [Member] Increase decrease in due from sponsor. Deferred offering costs included in accrued offering costs. Accretion of class ordinary shares subject to redemption value. Valuation of representative shares. Deferred underwriting fee payable. Percentage of fair market value of business acquisition to trust account balance. Post Business Combination [Member] Working capital loans. Emerging Growth Company [Policy Text Block] Offering Costs Associated Initial Public Offering [Policy Text Block] Warrants [Policy Text Block] Ordinary Shares Subject To Possible Redemptiont [Text Block] Temporary equity redemption of shares. Adjustments to additional paid in capital public warrant issued. Adjustments to additional paid in capital accretion of common stock subject to redemption to redemption amount. Increase decrease in accrued liabilities related party. Working capital surplus. Working capital deficit. Temporary equity issuance costs allocated to common stock. Temporary equity accretion of carrying value to redemption amount. Reclassifications of temporary to permanent equity shares. Common stock shares issued including redumption shares. Assets, Current Assets Equity, Attributable to Parent Liabilities and Equity Operating Income (Loss) Shares, Outstanding Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs AdjustmentsToAdditionalPaidInCapitalAccretionOfCommonStockSubjectToRedemptionToRedemptionAmount Increase (Decrease) in Prepaid Expense Increase (Decrease) in Notes Payable, Current IncreaseDecreaseInAccruedLiabilitiesRelatedParty IncreaseDecreaseInDueFromSponsor Net Cash Provided by (Used in) Operating Activities Payments to Acquire Investments to be Held in Decommissioning Trust Fund Net Cash Provided by (Used in) Investing Activities Payments of Financing Costs Net Cash Provided by (Used in) Financing Activities Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations DeferredUnderwritingFeePayable Cash and Cash Equivalents, Policy [Policy Text Block] Proceeds from Issuance of Warrants Notes Payable EX-101.PRE 10 pthr-20230331_pre.xml XBRL PRESENTATION FILE XML 11 R1.htm IDEA: XBRL DOCUMENT v3.23.1
Cover - shares
 3 Months Ended
Mar. 31, 2023
May 10, 2023
Document Type 10-Q  
Amendment Flag false  
Document Quarterly Report true  
Document Transition Report false  
Document Period End Date Mar. 31, 2023  
Document Fiscal Period Focus Q1  
Document Fiscal Year Focus 2023  
Current Fiscal Year End Date --12-31  
Entity File Number 001-41607  
Entity Registrant Name PONO CAPITAL THREE, INC.  
Entity Central Index Key 0001930021  
Entity Incorporation, State or Country Code E9  
Entity Address, Address Line One 643 Ilalo St., #102  
Entity Address, City or Town Honolulu  
Entity Address, State or Province HI  
Entity Address, Postal Zip Code 96813  
City Area Code (808)  
Local Phone Number 892-6611  
Entity Current Reporting Status Yes  
Entity Interactive Data Current Yes  
Entity Filer Category Non-accelerated Filer  
Entity Small Business true  
Entity Emerging Growth Company true  
Elected Not To Use the Extended Transition Period false  
Entity Shell Company true  
Units Each Consisting Of One Class Ordinary Share And One Redeemable Warrant [Member]    
Title of 12(b) Security Units, each consisting of one Class A Ordinary Share and one Redeemable Warrant  
Trading Symbol PTHRU  
Security Exchange Name NASDAQ  
Class Ordinary Share 0. 0001 Par Value Per Share [Member]    
Title of 12(b) Security Class A Ordinary Share, $0.0001 par value per share  
Trading Symbol PTHR  
Security Exchange Name NASDAQ  
Redeemable Warrants Each Warrant Exercisable For One Class Ordinary Share At Exercise Price Of 11. 50 Per Share [Member]    
Title of 12(b) Security Redeemable Warrants, each warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share  
Trading Symbol PTHRW  
Security Exchange Name NASDAQ  
Common Class A [Member]    
Entity Common Stock, Shares Outstanding   12,168,875
Common Class B [Member]    
Entity Common Stock, Shares Outstanding   4,935,622
XML 12 R2.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Balance Sheets - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Current assets:    
Cash $ 521,599 $ 88,277
Prepaid expenses 244,185 1,372
Dividends receivable 13,636
Due from sponsor 206
Total current assets 779,626 89,649
Deferred offering costs 368,802
Marketable Securities held in Trust Account 118,491,047
Total Assets 119,270,673 458,451
Current liabilities:    
Accounts payable 16,765
Accrued offering costs 70,000 142,138
Promissory note - related party $ 300,000
Other Liability, Current, Related and Nonrelated Party Status [Extensible Enumeration] Related Party [Member] Related Party [Member]
Total current liabilities $ 129,032 $ 442,138
Deferred underwriting fee payable 3,450,000
Total Liabilities 3,579,032 442,138
Commitments and Contingencies (Note 6)
Class A ordinary shares subject to possible redemption, $0.0001 par value, 11,500,000 shares at redemption value of $10.30 and $0 per share as of March 31, 2023 and December 31, 2022, respectively 118,404,683
Shareholders’ Equity (Deficit):    
Preference shares, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding
Additional paid-in capital 24,712
Subscription receivable (206) (206)
Accumulated deficit (2,713,397) (8,687)
Total Shareholders’ Equity (Deficit) (2,713,042) 16,313
Total Liabilities and Shareholders’ Equity (Deficit) 119,270,673 458,451
Common Class A [Member]    
Current liabilities:    
Class A ordinary shares subject to possible redemption, $0.0001 par value, 11,500,000 shares at redemption value of $10.30 and $0 per share as of March 31, 2023 and December 31, 2022, respectively 118,404,682  
Shareholders’ Equity (Deficit):    
Ordinary shares 67
Common Class B [Member]    
Shareholders’ Equity (Deficit):    
Ordinary shares 494 494
Nonrelated Party [Member]    
Current liabilities:    
Accrued expenses - related party 27,267
Related Party [Member]    
Current liabilities:    
Accrued expenses - related party $ 15,000
XML 13 R3.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Balance Sheets (Parenthetical) - $ / shares
Mar. 31, 2023
Dec. 31, 2022
Redemption value per share $ 10.25  
Preferred stock, par value $ 0.0001 $ 0.0001
Preferred stock, shares authorized 1,000,000 1,000,000
Preferred stock, shares issued 0 0
Preferred stock, shares outstanding 0 0
Common Class A [Member]    
Temporary equity, par value $ 0.0001 $ 0.0001
Temporary equity, shares authorized 11,500,000 11,500,000
Redemption value per share $ 10.30 $ 0
Common stock, par value $ 0.0001 $ 0.0001
Commo stock, shares authorized 100,000,000 100,000,000
Common stock, share issued 668,875 0
Common stock, share outstanding 668,875 0
Redemption of shares 11,500,000 0
Common Class B [Member]    
Common stock, par value $ 0.0001 $ 0.0001
Commo stock, shares authorized 10,000,000 10,000,000
Common stock, share issued 4,935,622 4,935,622
Common stock, share outstanding 4,935,622 4,935,622
XML 14 R4.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Statements of Operations (Unaudited) - USD ($)
 1 Months Ended 3 Months Ended
Mar. 31, 2022
Mar. 31, 2023
Operating and formation costs $ 338 $ 130,269
Loss from operations (338) (130,269)
Other income    
Interest income on investments held in Trust Account 629,683
Net income (loss) $ (338) $ 499,414
Class A [Member]    
Other income    
Basic and diluted weighted average shares outstanding, Class B ordinary shares 6,084,438
Basic and diluted net income per share, Class B ordinary shares $ 0.05
Class B [Member]    
Other income    
Basic and diluted weighted average shares outstanding, Class B ordinary shares 4,935,622
Basic and diluted net income per share, Class B ordinary shares $ 0.05
XML 15 R5.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) - USD ($)
Common Stock [Member]
Common Class A [Member]
Common Stock [Member]
Common Class B [Member]
Additional Paid-in Capital [Member]
Subscription Receivable [Member]
Retained Earnings [Member]
Common Class A [Member]
Common Class B [Member]
Total
Beginning balance, value at Mar. 10, 2022    
Beginning balance, shares at Mar. 10, 2022            
Net income (loss) (338) (338)
Ending balance, value at Mar. 31, 2022 (338)     (338)
Ending balance, shares at Mar. 31, 2022            
Beginning balance, value at Dec. 31, 2022 $ 494 24,712 (206) (8,687)     16,313
Beginning balance, shares at Dec. 31, 2022 4,935,622            
Issuance of Placement Units $ 57 5,653,693     5,653,750
Issuance of Placement Units, shares 565,375              
Issuance of Representative shares $ 10 132,470     $ 132,480
Issuance of Representative shares, shares 103,500             103,500
Proceeds allocated to Public Warrants 3,392,500     $ 3,392,500
Allocation of issuance costs (206,223)     (206,223)
Accretion redemption value of Class A ordinary shares (8,997,152) (3,204,124)     (12,201,276)
Net income (loss) 499,414 $ 275,738 $ 223,676 499,414
Ending balance, value at Mar. 31, 2023 $ 67 $ 494 $ (206) $ (2,713,397)     $ (2,713,042)
Ending balance, shares at Mar. 31, 2023 668,875 4,935,622            
XML 16 R6.htm IDEA: XBRL DOCUMENT v3.23.1
Condensed Statements of Cash Flows (Unaudited) - USD ($)
 1 Months Ended 3 Months Ended
Mar. 31, 2022
Mar. 31, 2023
Cash Flows from Operating Activities:    
Net income (loss) $ (338) $ 499,414
Adjustments to reconcile net income (loss) to net cash used in operating activities:    
Interest and dividend income on investments held in Trust Account (629,683)
Changes in operating assets and liabilities:    
Prepaid expenses (242,812)
Accounts payable 338 16,765
Accrued expenses 27,267
Accrued expenses - related party 15,000
Due from sponsor (206)
Net cash used in operating activities (314,255)
Cash Flows from Investing Activities:    
Investment of cash in Trust Account (117,875,000)
Net cash used in investing activities   (117,875,000)
Cash Flows from Financing Activities:    
Proceeds from sale of Placement Units 5,653,750
Proceeds from sale of Units, net of underwriting discount paid 113,735,000
Repayment of Promissory note - related party (300,000)
Payment of offering costs (466,173)
Net cash provided by financing activities 118,622,577
Net Change in Cash 433,322
Cash - Beginning of period 88,277
Cash - End of period 521,599
Non-cash investing and financing activities:    
Accretion of Class A ordinary shares subject to redemption value 12,201,276
Valuation of Representative Shares 132,480
Offering costs included in Accrued offering costs 70,000
Deferred underwriting fee payable $ 3,450,000
XML 17 R7.htm IDEA: XBRL DOCUMENT v3.23.1
DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN
 3 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN

NOTE 1. DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN

 

Pono Capital Three, Inc. (the “Company”) is a blank check company incorporated in Delaware on March 11, 2022. On October 14, 2022, the Company redomiciled in the Cayman Islands. The Company was formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”). The Company is not limited to a particular industry or geographic region for purposes of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.

 

As of March 31, 2023, the Company had not commenced any operations. All activity from inception through March 31, 2023 relates to the Company’s formation and initial public offering (“Initial Public Offering”), which is described below. The Company will not generate any operating revenues until after the completion of a Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering. The Company has selected December 31 as its fiscal year end.

 

The registration statement for the Company’s Initial Public Offering was declared effective on February 9, 2023. On February 14, 2023, the Company consummated the Initial Public Offering of 11,500,000 units, (the “Units” and, with respect to the Class A ordinary shares included in the Units sold, the “Public Shares”), including 1,500,000 Units issued pursuant to the exercise of the underwriter’s over-allotment option in full, generating gross proceeds of $115,000,000, which is discussed in Note 3.

 

Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 565,375 units (the “Placement Units”) at a price of $10.00 per Placement Unit in a private placement to Mehana Capital LLC (the “Sponsor”), including 54,000 Placement Units issued pursuant to the exercise of the underwriter’s over-allotment option in full, generating gross proceeds of $5,653,750, which is described in Note 4.

 

Following the closing of the Initial Public Offering on February 14, 2023, an amount of $117,875,000 ($10.25 per Unit) from the net proceeds of the sale of the Units in the Initial Public Offering and the sale of the Placement Units was placed in a trust account (the “Trust Account”), and will be invested only in U.S. government treasury obligations with maturities of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act, which invest only in direct U.S. government treasury obligations, until the earlier of: (i) the completion of a Business Combination and (ii) the distribution of the funds held in the Trust Account, as described below.

 

Transaction costs related to the issuances described above amounted to $5,610,317, consisting of $1,265,000 of cash underwriting fees, $3,450,000 of deferred underwriting fees and $895,317 of other offering costs.

 

The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of the Placement Units, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. There is no assurance that the Company will be able to complete a Business Combination successfully. The Company must complete a Business Combination with one or more target businesses that together have an aggregate fair market value of at least 80% of the value of the Trust Account (as defined below) (excluding the deferred underwriting commissions and taxes payable on income earned on the Trust Account) at the time of the agreement to enter into an initial Business Combination. The Company will only complete a Business Combination if the post-transaction company owns or acquires 50% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”).

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

The Company will provide its holders of the outstanding Public Shares (the “Public Shareholders”) with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a shareholder meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $10.25 per Public Share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations). There will be no redemption rights upon the completion of a Business Combination with respect to the Company’s warrants. With the completion of the Initial Public Offering, the Public Shares subject to redemption are recorded at redemption value and classified as temporary equity in accordance with the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 480, Distinguishing Liabilities from Equity (“ASC 480”).

 

The Company will proceed with a Business Combination if the Company has net tangible assets of at least $5,000,001 upon consummation of such Business Combination and a majority of the shares voted are voted in favor of the Business Combination. If the Company seeks shareholder approval of a Business Combination and it does not conduct redemptions pursuant to the tender offer rules, the amended and restated memorandum and articles of association (the “Amended and Restated Memorandum and Articles of Association”) provides that a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from seeking redemption rights with respect to 15% or more of the Public Shares without the Company’s prior written consent.

 

If a shareholder vote is not required and the Company does not decide to hold a shareholder vote for business or other legal reasons, the Company will offer such redemption pursuant to the tender offer rules of the Securities and Exchange Commission (“SEC”), and file tender offer documents containing substantially the same information as would be included in a proxy statement with the SEC prior to completing a Business Combination.

 

The Sponsor has agreed (a) to vote its Class B ordinary shares, the ordinary shares included in the Placement Units and the Public Shares purchased in the Initial Public Offering in favor of a Business Combination, (b) not to propose an amendment to the Amended and Restated Memorandum and Articles of Association with respect to the Company’s pre-Business Combination activities prior to the consummation of a Business Combination unless the Company provides dissenting Public Shareholders with the opportunity to redeem their Public Shares in conjunction with any such amendment; (c) not to redeem any shares (including the Class B ordinary shares) and Placement Units (including underlying securities) into the right to receive cash from the Trust Account in connection with a shareholder vote to approve a Business Combination (or to sell any shares in a tender offer in connection with a Business Combination if the Company does not seek shareholder approval in connection therewith) or a vote to amend the provisions of the Amended and Restated Memorandum and Articles of Association relating to shareholders’ rights of pre-Business Combination activity and (d) that the Class B ordinary shares and Placement Units (including underlying securities) shall not participate in any liquidating distributions upon winding up if a Business Combination is not consummated. However, the Sponsor will be entitled to liquidating distributions from the Trust Account with respect to any Public Shares purchased in the Initial Public Offering if the Company fails to complete its Business Combination.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

The Company will have until 12 months (or up to 18 months from the closing of the Initial Public Offering at the election of the Company pursuant to six one month extensions subject to satisfaction of certain conditions, including the deposit of up to $379,500 ($0.033 per unit) for such one month extension, into the Trust Account, or as extended by the Company’s shareholder in accordance with the Amended and Restated Memorandum and Articles of Association) from the closing of the Initial Public Offering to consummate a Business Combination (the “Combination Period”). If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but no more than five business days thereafter, redeem 100% of the outstanding Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned (net of taxes payable and less interest to pay dissolution expenses up to $100,000), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Shareholders’ rights as shareholder (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining shareholders and the Company’s board of directors, proceed to commence a voluntary liquidation and thereby a formal dissolution of the Company, subject in each case to its obligations to provide for claims of creditors and the requirements of applicable law. The underwriter has agreed to waive its rights to the deferred underwriting commission held in the Trust Account in the event the Company does not complete a Business Combination within the Combination Period and, in such event, such amounts will be included with the funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the assets remaining available for distribution will be less than the Initial Public Offering price per Unit ($10.00).

 

The Sponsor has agreed that it will be liable to the Company, if and to the extent any claims by a vendor for services rendered or products sold to the Company, or a prospective target business with which the Company has discussed entering into a transaction agreement, reduce the amounts in the Trust Account to below $10.25 per share, except as to any claims by a third party who executed a waiver of any and all rights to seek access to the Trust Account and except as to any claims under the Company’s indemnity of the underwriter of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). In the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third-party claims. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (except for the Company’s independent registered accounting firm), prospective target businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account.

 

Going Concern and Liquidity

 

As of March 31, 2023 and December 31, 2022, the Company had $521,599 and $88,277 in cash, respectively, and a working capital surplus of $650,594 and a working capital deficit of $352,489, respectively. Prior to the completion of the Initial Public Offering, the Company lacked the liquidity it needed to sustain operations for a reasonable period of time, which is considered to be one year from the issuance date of the unaudited condensed financial statements. The Company has since completed its Initial Public Offering at which time capital in excess of the funds deposited in the Trust Account and/or used in fund offering expenses was released to the Company for general working capital purposes. In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor may provide us up to $1,500,000 under Working Capital Loans (see Note 5.)

 

The accompanying unaudited condensed financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which contemplates continuation of the Company as a going concern and the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred and expects to continue to incur significant costs in pursuit of the Company’s financing and acquisition plans. Management plans to address this uncertainty with the successful closing of the Business Combination. The Company will have until February 14, 2024 (or up to August 14, 2024, as applicable) to consummate a Business Combination. If a Business Combination is not consummated by February 14, 2024, less than one year after the date these unaudited condensed financial statements are issued, there will be a mandatory liquidation and subsequent dissolution of the Company. Management has determined that the mandatory liquidation, should a Business Combination not occur, and potential subsequent dissolution, raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities should the Company be required to liquidate after February 14, 2024. The Company intends to complete the initial Business Combination before the mandatory liquidation date. However, there can be no assurance that the Company will be able to consummate any Business Combination by February 14, 2024.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Risks and Uncertainties

 

Management continues to evaluate the impact of the COVID-19 pandemic on the industry and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company’s financial position, results of its operations and/or search for a target company, the specific impact is not readily determinable as of the date of these unaudited condensed financial statements. These unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 

Additionally, as a result of the military action commenced in February 2022 by the Russian Federation and Belarus in the country of Ukraine and related economic sanctions, the Company’s ability to consummate a Business Combination, or the operations of a target business with which the Company ultimately consummates a Business Combination, may be materially and adversely affected. Further, the Company’s ability to consummate a transaction may be dependent on the ability to raise equity and debt financing which may be impacted by these events, including as a result of increased market volatility, or decreased market liquidity in third-party financing being unavailable on terms acceptable to the Company or at all. The impact of this action and related sanctions on the world economy and the specific impact on the Company’s financial position, results of operations and/or ability to consummate a Business Combination are not yet determinable. The unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.

 
XML 18 R8.htm IDEA: XBRL DOCUMENT v3.23.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES
 3 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

NOTE 2. SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES

 

Basis of Presentation

 

The accompanying unaudited condensed financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. Certain information or footnote disclosures normally included in unaudited condensed financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s form 10-K as filed with the SEC on March 30, 2023. The interim results for three months ended March 31, 2023 are not necessarily indicative of the results to be expected for the period ending December 31, 2023 or for any future periods.

 

Emerging Growth Company

 

The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s unaudited condensed financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

 

Use of Estimates

 

The preparation of the unaudited condensed financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of expenses during the reporting period.

 

Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ from those estimates.

 

Cash

 

The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of March 31, 2023 and December 31, 2022.

 

Investments Held in Trust Account

 

As of March 31, 2023 the assets held in the Trust Account were held in money market funds, which were invested in U.S. Treasury securities. All of the Company’s investments held in the Trust Account are classified as trading securities. Such trading securities are presented on the unaudited condensed balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of investments held in Trust Account are included in interest and dividend income on investments held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Account are determined using available market information. The Company had $118,491,047 and $0 and in investments held in the Trust Account as of March 31, 2023 and December 31, 2022, respectively.

 

Income Taxes

 

The Company accounts for income taxes under ASC Topic 740, Income Taxes (“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the unaudited condensed financial statements and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s unaudited condensed financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Based on the Company’s evaluation, it has been concluded that there are no significant uncertain tax positions requiring recognition in the Company’s unaudited condensed financial statements.

 

The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of March 31, 2023. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is considered an exempted Cayman Islands Company and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. Consequently, income taxes are not reflected in the Company’s unaudited condensed financial statements.

 

Class A Ordinary Shares Subject To Possible Redemption

 

All of the Class A ordinary shares sold as part of the Units in the Initial Public Offering contain a redemption feature which allows for the redemption of such Public Shares in connection with the Company’s liquidation, if there is a shareholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s Amended and Restated Articles of Association. In accordance with ASC 480, conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that currently, the Company will not redeem its Public Shares in an amount that would cause its net tangible assets (shareholders’ equity) to be less than $5,000,001. However, the threshold in its charter would not change the nature of the underlying shares as redeemable and thus Public Shares would be required to be disclosed outside of permanent equity. The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary shares to equal the redemption value ($10.25 per share) at the end of each reporting period. Such changes are reflected in additional paid-in capital, or in the absence of additional paid-in capital, in accumulated deficit. As of December 31, 2022, Class A ordinary shares subject to possible redemption was $0.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

As of March 31, 2023, the Class A ordinary shares reflected in the unaudited condensed balance sheet is reconciled in the following table:

 

      
Gross proceeds  $115,000,000 
Less:     
Proceeds allocated to Public Warrants   (3,392,500)
Issuance costs allocated to Class A ordinary shares   (5,404,094)
Plus:     
Accretion of Class A ordinary shares subject to redemption to redemption amount   12,201,276 
Class A ordinary shares subject to possible redemption  $118,404,682 

 

Offering Costs associated with the Initial Public Offering

 

The Company complies with the requirements of ASC 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A - Expenses of Offering. Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to the Initial Public Offering. Offering costs directly attributable to the issuance of an equity contract to be classified in equity are recorded as a reduction in equity. Offering costs for equity contracts that are classified as assets and liabilities are expensed immediately. The Company incurred offering costs amounting to $5,610,317, consisting of $1,265,000 of cash underwriting fees, $3,450,000 of deferred underwriting fees and $895,317 of other offering costs. As such, the Company recorded $5,404,094 of offering costs as a reduction of temporary equity and $206,223 of offering costs as a reduction of permanent equity.

 

Net Income Per Share

 

Net income per share is computed by dividing net income by the weighted average number ordinary shares outstanding for the period. Therefore, the income per share calculation allocates income shared pro rata between Class A and Class B ordinary shares. As a result, the calculated net income per share is the same for Class A and Class B ordinary shares. The calculation of diluted income per share does not consider the effect of the warrants issued in connection with the Initial Public Offering and Placement Warrants (as defined in Note 4) since the exercise of the warrants are contingent upon the occurrence of future events.

 

The following table reflects the calculation of basic and diluted net income per share:

 SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE

  

For the three months ended

March 31, 2023

   For the period from March 11, 2022
(inception) through March 31, 2022		 
   Class A   Class B   Class A   Class B 
Basic and diluted net income per share:                    
Numerator:                    
Net Income  $275,738   $223,676   $—   $— 
Denominator:                    
Weighted Average Ordinary Shares   6,084,438    4,935,622    —    — 
Basic and diluted net income per ordinary shares  $0.05   $0.05   $—   $— 

 

Concentration of Credit Risk

 

Financial instruments that potentially subject the Company to concentration of credit risk consist of a cash account in a financial institution which, at times may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Fair Value of Financial Instruments

 

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, Fair Value Measurement, approximates the carrying amounts represented in the accompanying balance sheets, primarily due to their short-term nature.

 

Derivative Financial Instruments

 

The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC Topic 815, Derivatives and Hedging (“ASC 815”). For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value on the grant date and is then re-valued at each reporting date, with changes in the fair value reported in the unaudited condensed statements of operations. For derivative instruments that are classified as equity, the derivative instruments are initially measured at fair value (or allocated value), and subsequent changes in fair value are not recognized as long as the contracts continue to be classified in equity.

 

Warrants

 

The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in ASC 480 and ASC 815. The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding.

 

For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded as liabilities at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the unaudited condensed statements of operations.

 

The warrants are not precluded from equity classification, and are accounted for as such on the date of issuance, and will be on each condensed balance sheet date thereafter. As the warrants are equity classified, they are initially measured at fair value (or allocated value). Subsequent changes in fair value are not recognized as long as the warrants continue to be classified as equity.

 

Recent Accounting Standards

 

Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s unaudited condensed financial statements.

 
XML 19 R9.htm IDEA: XBRL DOCUMENT v3.23.1
INITIAL PUBLIC OFFERING
 3 Months Ended
Mar. 31, 2023
Initial Public Offering  
INITIAL PUBLIC OFFERING

NOTE 3. INITIAL PUBLIC OFFERING

 

The registration statement for the Company’s Initial Public Offering was declared effective on February 9, 2023. On February 14, 2023, the Company consummated the Initial Public Offering of 11,500,000 Units, including 1,500,000 Units issued pursuant to the exercise of the underwriters’ over-allotment option in full, generating gross proceeds of $115,000,000. Each Unit consisted of one Class A ordinary share and one redeemable warrant (“Public Warrant”). Each Public Warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $11.50 per whole share (see Note 7).

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 
XML 20 R10.htm IDEA: XBRL DOCUMENT v3.23.1
PRIVATE PLACEMENT
 3 Months Ended
Mar. 31, 2023
Private Placement  
PRIVATE PLACEMENT

NOTE 4. PRIVATE PLACEMENT

 

Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of 565,375 Placement Units at a price of $10.00 per Placement Units, in a private placement to the Sponsor, including 54,000 Placement Units issued pursuant to the exercise of the underwriters’ over-allotment option in full, generating gross proceeds of $5,653,750. Each Placement Unit consists of one Class A ordinary share (“Placement Share”) and one warrant (“Placement Warrant”). The proceeds from the sale of the Placement Units were added to the net proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Placement Units held in the Trust Account will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Placement Units will expire worthless.

 
XML 21 R11.htm IDEA: XBRL DOCUMENT v3.23.1
RELATED PARTY TRANSACTIONS
 3 Months Ended
Mar. 31, 2023
Related Party Transactions [Abstract]  
RELATED PARTY TRANSACTIONS

NOTE 5. RELATED PARTY TRANSACTIONS

 

Founder Shares

 

On May 17, 2022, the Sponsor paid an aggregate of $25,000 to cover certain expenses on behalf of the Company in exchange for the issuance of 2,875,000 Class B ordinary shares (the “Founder Shares”). On December 22, 2022, the Sponsor subscribed for additional Founder Shares resulting in the issuance of 2,060,622 Class B ordinary shares to the Sponsor for consideration of $206, which remains outstanding as of the date of these condensed financial statements. The Founder Shares included an aggregate of up to 643,777 Class B ordinary shares subject to forfeiture by the Sponsor to the extent that the underwriters’ over-allotment option is not exercised in full or in part, so that the Sponsor will own, on an as-converted basis, 30% of the Company’s issued and outstanding shares after the Initial Public Offering. The underwriters exercised the over-allotment option in full, so those shares are no longer subject to forfeiture.

 

The Sponsor has agreed not to transfer, assign or sell any of the Class B ordinary shares (except to certain permitted transferees as disclosed herein) until, with respect to any of the Class B ordinary shares, the earlier of (i) six months after the date of the consummation of a Business Combination, or (ii) the date on which the closing price of the Company’s ordinary shares equals or exceeds $12.00 per share (as adjusted for share splits, share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period commencing after a Business Combination, with respect to the remaining any of the Class B ordinary shares, upon six months after the date of the consummation of a Business Combination, or earlier, in each case, if, subsequent to a Business Combination, the Company consummates a subsequent liquidation, merger, share exchange or other similar transaction which results in all of the Company’s shareholders having the right to exchange their ordinary shares for cash, securities or other property.

 

Promissory Note - Related Party

 

On April 25, 2022, the Sponsor agreed to loan the Company an aggregate of up to $300,000 to cover expenses related to the Initial Public Offering pursuant to a promissory note (the “Promissory Note”). This loan is non-interest bearing and payable on the earlier of (i) March 31, 2023 or (ii) the date on which Company consummates the Initial Public Offering. Prior to the Initial Public Offering, the Company had borrowed $300,000 under the Promissory Note. On February 15, 2023, the Company repaid the outstanding balance under the Promissory Note of $300,000 that was borrowed prior to our initial public offering. As of March 31, 2023, there was no borrowings outstanding under the Promissory Note. The Company no longer has the ability to borrow under the Promissory Note.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Administrative Support Agreement

 

The Company’s Sponsor has agreed, commencing from the date of the Initial Public Offering through the earlier of the Company’s consummation of a Business Combination and its liquidation, to make available to the Company certain general and administrative services, including office space, utilities and administrative services, as the Company may require from time to time. The Company has agreed to pay to Mehana Capital LLC, the Sponsor, $10,000 per month for these services during the 12-month period to complete a Business Combination. For the three months ended March 31, 2023, and for the period from March 11, 2022 (inception) through March 31, 2022, the Company incurred expenses of $15,000 and $0, respectively. As of March 31, 2023 and December 31, 2022, $15,000 and $0, respectively was accrued by the Company for expenses incurred under this agreement.

 

Related Party Loans

 

In order to finance transaction costs in connection with the initial Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required. If the Company completes the initial Business Combination, the Company will repay such loaned amounts. In the event that the initial Business Combination does not close, the Company may use a portion of the working capital held outside the Trust Account to repay such loaned amounts, including the repayment of loans from the Sponsor to pay for any amount deposited to pay for any extension of the time to complete the initial Business Combination, but no proceeds from the Trust Account would be used for such repayment. Up to $1,500,000 of such loans may be convertible into Units, at a price of $10.00 per Unit at the option of the lender, upon consummation of the initial Business Combination. The Units would be identical to the Placement Units. The terms of such loans by the Company’s officers and directors, if any, have not been determined and no written agreements exist with respect to such loans.

 
XML 22 R12.htm IDEA: XBRL DOCUMENT v3.23.1
COMMITMENTS AND CONTINGENCIES
 3 Months Ended
Mar. 31, 2023
Commitments and Contingencies Disclosure [Abstract]  
COMMITMENTS AND CONTINGENCIES

NOTE 6. COMMITMENTS AND CONTINGENCIES

 

Registration and Shareholder Rights Agreement

 

The holders of the Founder Shares and Placement Units (including securities contained therein) and Units (including securities contained therein) that may be issued upon conversion of working capital loans and extension loans, and any Class A ordinary shares issuable upon the exercise of the Placement Warrants and any Class A ordinary shares and warrants (and underlying Class A ordinary shares) that may be issued upon conversion of the Units issued as part of the working capital loans and extension loans and Class A ordinary shares issuable upon conversion of the Founder Shares, will be entitled to registration rights pursuant to a registration rights agreement signed prior on the effective date of the Initial Public Offering, requiring the Company to register such securities for resale (in the case of the Founder Shares, only after conversion to the Class A ordinary shares). The holders of these securities are entitled to make up to two demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities Act.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Underwriting Agreement

 

Simultaneously with the Initial Public Offering, the underwriters fully exercised the over-allotment option to purchase an additional 1,500,000 Units at an offering price of $10.00 per Unit for an aggregate purchase price of $15,000,000.

 

The underwriters were paid a cash underwriting discount of $0.11 per Unit, or $1,265,000 in the aggregate, upon the closing of the Initial Public Offering. In addition, $0.30 per unit, or $3,450,000 in the aggregate will be payable to the underwriters for deferred underwriting commissions. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.

 

Representative Shares

 

Upon closing of the Initial Public Offering, the Company issued 103,500 Class A ordinary shares to the underwriters. The underwriters have agreed not to transfer, assign or sell the Representative Shares until the completion of the initial Business Combination. In addition, the underwriters have agreed (i) to waive its redemption rights with respect to the Representative Shares in connection with the completion of the initial Business Combination and (ii) to waive its rights to liquidating distributions from the Trust Account with respect to the Representative Shares if the Company fails to complete its initial Business Combination within 12 months (or up to 18 months if the Company extends such period) from the closing of the Initial Public Offering.

 

The Representative Shares are subject to a lock-up for a period of 180 days immediately following the commencement of sales of the registration statement pursuant to Rule 5110(e)(1) of FINRA’s NASD Conduct Rules. Pursuant to FINRA Rule 5110(e)(1), these securities may not be sold, transferred, assigned, pledged or hypothecated or the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securities by any person for a period of 180 days immediately following the effective date of the registration statement, nor may they be sold, transferred, assigned, pledged or hypothecated for a period of 180 days immediately following the commencement of sales of the Initial Public Offering except to any underwriter and selected dealer participating in the Initial Public Offering and their bona fide officers or partners, registered persons or affiliates or as otherwise permitted under Rule 5110(e)(2).

 

The initial measurement of the fair value of the Representative Shares was determined using the market approach to value the subject interest. Based on the indication of fair value using the market approach, the Company determined the fair value of the Representative Shares to be $1.28 per share or $132,480 (for the 103,500 Representative Shares issued) as of the date of the Initial Public Offering (which is also the grant date). As a result, $132,480 was recorded as an offering cost with a corresponding entry to permanent shareholders’ equity.

 

Right of First Refusal

 

For a period beginning on the closing of the Initial Public Offering and ending 12 months from the closing of a Business Combination, the Company has granted EF Hutton a right of first refusal to act as lead-left book running manager and lead left manager for any and all future private or public equity, convertible and debt offerings during such period. In accordance with FINRA Rule 5110(g)(3)(A)(i), such right of first refusal shall not have a duration of more than three years from the effective date of the registration statement of which this prospectus forms a part.

 
XML 23 R13.htm IDEA: XBRL DOCUMENT v3.23.1
SHAREHOLDERS’ EQUITY (DEFICIT)
 3 Months Ended
Mar. 31, 2023
Equity [Abstract]  
SHAREHOLDERS’ EQUITY (DEFICIT)

NOTE 7. SHAREHOLDERS’ EQUITY (DEFICIT)

 

Preference shares — The Company is authorized to issue 1,000,000 preference shares with a par value of $0.0001 per share, with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. As of March 31, 2023 and December 31, 2022, there were no preference shares issued or outstanding.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Class A ordinary shares — The Company is authorized to issue 100,000,000 Class A ordinary shares with a par value of $0.0001 per share. Holders of the Company’s Class A ordinary shares are entitled to one vote for each share. As of March 31, 2023 there were 12,168,875 Class A ordinary shares issued and outstanding, including 11,500,000 Class A ordinary shares subject to possible redemption and classified as temporary equity. The remaining 565,375 shares are classified as permanent equity and are comprised of 565,375 shares included in the Placement Units and 103,500 Representative Shares. As of December 31, 2022, there were no Class A ordinary shares issued or outstanding.

 

Class B ordinary shares — The Company is authorized to issue 10,000,000 Class B ordinary shares with a par value of $0.0001 per share. Holders of the Company’s Class B ordinary shares are entitled to one vote for each share. As of March 31, 2023 and December 31, 2022, there were 4,935,622 Class B Ordinary Shares issued and outstanding. Of the 4,935,622 Class B ordinary shares outstanding, up to 643,777 shares were subject to forfeiture to the extent that the underwriters’ over-allotment option was not exercised in full or in part, so that the initial shareholders will collectively own 30% of the Company’s issued and outstanding ordinary shares after the Initial Public Offering. On February 14, 2023, the underwriters exercised the over-allotment option in full, so those shares are no longer subject to forfeiture.

 

Warrants — As of March 31, 2023, there were 11,500,000 Public Warrants and 565,375 Placement Warrants outstanding. As of December 31, 2022, there were no warrants outstanding. Each whole Public Warrant entitles the registered holder to purchase one Class A ordinary shares at a price of $11.50 per share, subject to adjustment as discussed below, at any time commencing 30 days after the completion of the initial Business Combination. Pursuant to the warrant agreement, a warrant holder may exercise its Public Warrants only for a whole number of Class A ordinary shares. No fractional Public Warrants will be issued upon separation of the units and only whole Public Warrants will trade. The Public Warrants will expire five years after the completion of the initial Business Combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.

 

The Company has agreed that as soon as practicable, but in no event later than 20 business days after the closing of the initial Business Combination, the Company will use its best efforts to file with the SEC a registration statement covering the Class A ordinary shares issuable upon exercise of the Public Warrants, to cause such registration statement to become effective and to maintain a current prospectus relating to those Class A ordinary shares until the Public Warrants expire or are redeemed, as specified in the warrant agreement. If a registration statement covering the Class A ordinary shares issuable upon exercise of the Public Warrants is not effective by the 60th business day after the closing of the initial Business Combination, Public Warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise Public Warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act; provided that such exemption is available. If that exemption, or another exemption, is not available, holders will not be able to exercise their Public Warrants on a cashless basis.

 

Once the Public Warrants become exercisable, the Company may call the Public Warrants for redemption:

 

●in whole and not in part;
   
●at a price of $0.01 per Public Warrant,
   
●upon not less than 30 days’ prior written notice of redemption given after the Public Warrants become exercisable (the “30-day redemption period”) to each Public Warrant holder; and

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

●if, and only if, the reported last sale price of the Class A ordinary shares equals or exceeds $18.00 per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period commencing once the Public Warrants become exercisable and ending three business days before the Company sends the notice of redemption to the Public Warrant holders.

 

If and when the Public Warrants become redeemable by the Company, the Company may not exercise the redemption right if the issuance of Class A ordinary shares upon exercise of the Public Warrants is not exempt from registration or qualification under applicable state blue sky laws or the Company is unable to effect such registration or qualification.

 

In addition, if (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination at a Newly Issued Price of less than $9.20 per Class A ordinary shares (with such issue price or effective issue price to be determined in good faith by the board of directors and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of the initial Business Combination (net of redemptions), and (z) the market value is below $9.20 per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the greater of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price described above will be adjusted (to the nearest cent) to be equal to 180% of the greater of the Market Value and the Newly Issued Price.

 

The Placement Warrants are identical to the Public Warrants except that, so long as they are held by the Sponsor or its permitted transferees, (i) they will not be redeemable by the Company, (ii) they (including the Class A ordinary shares issuable upon exercise of these Placement Warrants) may not, subject to certain limited exceptions, be transferred, assigned or sold by the Sponsor until 30 days after the completion of the initial Business Combination, (iii) they may be exercised by the holders on a cashless basis and (iv) the holders thereof (including with respect to Class A ordinary shares issuable upon exercise of such Placement Warrants) are entitled to registration rights.

 

The Company accounts for the 12,065,375 warrants issued in connection with the Initial Public Offering (including 11,500,000 Public Warrants and 565,375 Placement Warrants) in accordance with the guidance contained in ASC 815-40. Such guidance provides that the warrants described above are not precluded from equity classification. Equity-classified contracts are initially measured at fair value (or allocated value). Subsequent changes in fair value are not recognized as long as the contracts continue to be classified in equity.

 
XML 24 R14.htm IDEA: XBRL DOCUMENT v3.23.1
FAIR VALUE MEASUREMENTS
 3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
FAIR VALUE MEASUREMENTS

NOTE 8. FAIR VALUE MEASUREMENTS

 

The following table presents information about the Company’s financial assets that are measured at fair value on a recurring basis as of March 31, 2023, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

Description  Amount at Fair Value   Level 1   Level 2   Level 3 
March 31, 2023                    
Assets                    
Investments held in Trust Account:                    
U.S. Treasury Securities  $118,491,047   $118,491,047   $      —   $      — 

 

As of December 31, 2022, the Company had no financial assets recorded at fair value.

 
XML 25 R15.htm IDEA: XBRL DOCUMENT v3.23.1
SUBSEQUENT EVENTS
 3 Months Ended
Mar. 31, 2023
Subsequent Events [Abstract]  
SUBSEQUENT EVENTS

NOTE 9. SUBSEQUENT EVENTS

 

The Company evaluated subsequent events and transactions that occurred after the unaudited condensed balance sheet date up to the date that the unaudited condensed financial statements was issued. Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the condensed unaudited financial statements.
XML 26 R16.htm IDEA: XBRL DOCUMENT v3.23.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)
 3 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
Basis of Presentation

Basis of Presentation

 

The accompanying unaudited condensed financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. Certain information or footnote disclosures normally included in unaudited condensed financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s form 10-K as filed with the SEC on March 30, 2023. The interim results for three months ended March 31, 2023 are not necessarily indicative of the results to be expected for the period ending December 31, 2023 or for any future periods.

 
Emerging Growth Company

Emerging Growth Company

 

The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s unaudited condensed financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.

 
Use of Estimates

Use of Estimates

 

The preparation of the unaudited condensed financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of expenses during the reporting period.

 

Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ from those estimates.

 
Cash

Cash

 

The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of March 31, 2023 and December 31, 2022.

 
Investments Held in Trust Account

Investments Held in Trust Account

 

As of March 31, 2023 the assets held in the Trust Account were held in money market funds, which were invested in U.S. Treasury securities. All of the Company’s investments held in the Trust Account are classified as trading securities. Such trading securities are presented on the unaudited condensed balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of investments held in Trust Account are included in interest and dividend income on investments held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Account are determined using available market information. The Company had $118,491,047 and $0 and in investments held in the Trust Account as of March 31, 2023 and December 31, 2022, respectively.

 
Income Taxes

Income Taxes

 

The Company accounts for income taxes under ASC Topic 740, Income Taxes (“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the unaudited condensed financial statements and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s unaudited condensed financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Based on the Company’s evaluation, it has been concluded that there are no significant uncertain tax positions requiring recognition in the Company’s unaudited condensed financial statements.

 

The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were no unrecognized tax benefits and no amounts accrued for interest and penalties as of March 31, 2023. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is considered an exempted Cayman Islands Company and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. Consequently, income taxes are not reflected in the Company’s unaudited condensed financial statements.

 
Class A Ordinary Shares Subject To Possible Redemption

Class A Ordinary Shares Subject To Possible Redemption

 

All of the Class A ordinary shares sold as part of the Units in the Initial Public Offering contain a redemption feature which allows for the redemption of such Public Shares in connection with the Company’s liquidation, if there is a shareholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s Amended and Restated Articles of Association. In accordance with ASC 480, conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that currently, the Company will not redeem its Public Shares in an amount that would cause its net tangible assets (shareholders’ equity) to be less than $5,000,001. However, the threshold in its charter would not change the nature of the underlying shares as redeemable and thus Public Shares would be required to be disclosed outside of permanent equity. The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary shares to equal the redemption value ($10.25 per share) at the end of each reporting period. Such changes are reflected in additional paid-in capital, or in the absence of additional paid-in capital, in accumulated deficit. As of December 31, 2022, Class A ordinary shares subject to possible redemption was $0.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 

As of March 31, 2023, the Class A ordinary shares reflected in the unaudited condensed balance sheet is reconciled in the following table:

 

      
Gross proceeds  $115,000,000 
Less:     
Proceeds allocated to Public Warrants   (3,392,500)
Issuance costs allocated to Class A ordinary shares   (5,404,094)
Plus:     
Accretion of Class A ordinary shares subject to redemption to redemption amount   12,201,276 
Class A ordinary shares subject to possible redemption  $118,404,682 

 
Offering Costs associated with the Initial Public Offering

Offering Costs associated with the Initial Public Offering

 

The Company complies with the requirements of ASC 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A - Expenses of Offering. Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to the Initial Public Offering. Offering costs directly attributable to the issuance of an equity contract to be classified in equity are recorded as a reduction in equity. Offering costs for equity contracts that are classified as assets and liabilities are expensed immediately. The Company incurred offering costs amounting to $5,610,317, consisting of $1,265,000 of cash underwriting fees, $3,450,000 of deferred underwriting fees and $895,317 of other offering costs. As such, the Company recorded $5,404,094 of offering costs as a reduction of temporary equity and $206,223 of offering costs as a reduction of permanent equity.

 
Net Income Per Share

Net Income Per Share

 

Net income per share is computed by dividing net income by the weighted average number ordinary shares outstanding for the period. Therefore, the income per share calculation allocates income shared pro rata between Class A and Class B ordinary shares. As a result, the calculated net income per share is the same for Class A and Class B ordinary shares. The calculation of diluted income per share does not consider the effect of the warrants issued in connection with the Initial Public Offering and Placement Warrants (as defined in Note 4) since the exercise of the warrants are contingent upon the occurrence of future events.

 

The following table reflects the calculation of basic and diluted net income per share:

 SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE

  

For the three months ended

March 31, 2023

   For the period from March 11, 2022
(inception) through March 31, 2022		 
   Class A   Class B   Class A   Class B 
Basic and diluted net income per share:                    
Numerator:                    
Net Income  $275,738   $223,676   $—   $— 
Denominator:                    
Weighted Average Ordinary Shares   6,084,438    4,935,622    —    — 
Basic and diluted net income per ordinary shares  $0.05   $0.05   $—   $— 

 
Concentration of Credit Risk

Concentration of Credit Risk

 

Financial instruments that potentially subject the Company to concentration of credit risk consist of a cash account in a financial institution which, at times may exceed the Federal depository insurance coverage of $250,000. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.

 

 

PONO CAPITAL THREE, INC.

NOTES TO CONDENSED FINANCIAL STATEMENTS

(UNAUDITED)

 
Fair Value of Financial Instruments

Fair Value of Financial Instruments

 

The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, Fair Value Measurement, approximates the carrying amounts represented in the accompanying balance sheets, primarily due to their short-term nature.

 
Derivative Financial Instruments

Derivative Financial Instruments

 

The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC Topic 815, Derivatives and Hedging (“ASC 815”). For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value on the grant date and is then re-valued at each reporting date, with changes in the fair value reported in the unaudited condensed statements of operations. For derivative instruments that are classified as equity, the derivative instruments are initially measured at fair value (or allocated value), and subsequent changes in fair value are not recognized as long as the contracts continue to be classified in equity.

 
Warrants

Warrants

 

The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in ASC 480 and ASC 815. The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding.

 

For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded as liabilities at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the unaudited condensed statements of operations.

 

The warrants are not precluded from equity classification, and are accounted for as such on the date of issuance, and will be on each condensed balance sheet date thereafter. As the warrants are equity classified, they are initially measured at fair value (or allocated value). Subsequent changes in fair value are not recognized as long as the warrants continue to be classified as equity.

 
Recent Accounting Standards

Recent Accounting Standards

 

Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s unaudited condensed financial statements.
XML 27 R17.htm IDEA: XBRL DOCUMENT v3.23.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)
 3 Months Ended
Mar. 31, 2023
Accounting Policies [Abstract]  
SCHEDULE OF REDEEMABLE CLASS A COMMON STOCK

As of March 31, 2023, the Class A ordinary shares reflected in the unaudited condensed balance sheet is reconciled in the following table:

 

      
Gross proceeds  $115,000,000 
Less:     
Proceeds allocated to Public Warrants   (3,392,500)
Issuance costs allocated to Class A ordinary shares   (5,404,094)
Plus:     
Accretion of Class A ordinary shares subject to redemption to redemption amount   12,201,276 
Class A ordinary shares subject to possible redemption  $118,404,682 
SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE

The following table reflects the calculation of basic and diluted net income per share:

 SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE

  

For the three months ended

March 31, 2023

   For the period from March 11, 2022
(inception) through March 31, 2022		 
   Class A   Class B   Class A   Class B 
Basic and diluted net income per share:                    
Numerator:                    
Net Income  $275,738   $223,676   $—   $— 
Denominator:                    
Weighted Average Ordinary Shares   6,084,438    4,935,622    —    — 
Basic and diluted net income per ordinary shares  $0.05   $0.05   $—   $— 
XML 28 R18.htm IDEA: XBRL DOCUMENT v3.23.1
FAIR VALUE MEASUREMENTS (Tables)
 3 Months Ended
Mar. 31, 2023
Fair Value Disclosures [Abstract]  
SCHEDULE OF FINANCIAL ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS

The following table presents information about the Company’s financial assets that are measured at fair value on a recurring basis as of March 31, 2023, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:

 

Description  Amount at Fair Value   Level 1   Level 2   Level 3 
March 31, 2023                    
Assets                    
Investments held in Trust Account:                    
U.S. Treasury Securities  $118,491,047   $118,491,047   $      —   $      — 
XML 29 R19.htm IDEA: XBRL DOCUMENT v3.23.1
DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN (Details Narrative) - USD ($)
 1 Months Ended 3 Months Ended
Feb. 14, 2023
Mar. 31, 2022
Mar. 31, 2023
Dec. 31, 2022
Property, Plant and Equipment [Line Items]        
Date of incorporation     Mar. 11, 2022  
Proceeds from private placement   $ 5,653,750  
Shares issued price per share     $ 1.28  
Cash     $ 521,599 $ 88,277
working capital surplus     650,594  
Working capital deficit     352,489  
Working capital loans     $ 1,500,000  
Post-combination Business [Member]        
Property, Plant and Equipment [Line Items]        
Percentage of voting interests acquired     50.00%  
Minimum [Member]        
Property, Plant and Equipment [Line Items]        
Percentage of fair market value of business acquisition     80.00%  
Business combination, net tangible assets     $ 5,000,001 $ 5,000,001
Common Class A [Member]        
Property, Plant and Equipment [Line Items]        
Proceeds from initial public offering     $ 115,000,000  
Shares issued price per share     $ 9.20  
Business combination description     In addition, if (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination at a Newly Issued Price of less than $9.20 per Class A ordinary shares (with such issue price or effective issue price to be determined in good faith by the board of directors and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of the initial Business Combination (net of redemptions), and (z) the market value is below $9.20 per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the greater of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price described above will be adjusted (to the nearest cent) to be equal to 180% of the greater of the Market Value and the Newly Issued Price.  
IPO [Member]        
Property, Plant and Equipment [Line Items]        
Number of shares of stock issued 11,500,000      
Sale of stock number of shares issued 11,500,000      
Sale of stock price per share $ 10.25   $ 10.00  
Sale of stock shares issued $ 117,875,000      
Transaction cost 5,610,317   $ 5,610,317  
Payments for underwriting expense 1,265,000   1,265,000  
Deferred underwriting fees 3,450,000   3,450,000  
Other offering costs 895,317   $ 895,317  
Shares issued price per share     $ 10.25  
Business combination description     The Company will have until 12 months (or up to 18 months from the closing of the Initial Public Offering at the election of the Company pursuant to six one month extensions subject to satisfaction of certain conditions, including the deposit of up to $379,500 ($0.033 per unit) for such one month extension, into the Trust Account, or as extended by the Company’s shareholder in accordance with the Amended and Restated Memorandum and Articles of Association) from the closing of the Initial Public Offering to consummate a Business Combination (the “Combination Period”). If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but no more than five business days thereafter, redeem 100% of the outstanding Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned (net of taxes payable and less interest to pay dissolution expenses up to $100,000), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Shareholders’ rights as shareholder (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining shareholders and the Company’s board of directors, proceed to commence a voluntary liquidation and thereby a formal dissolution of the Company, subject in each case to its obligations to provide for claims of creditors and the requirements of applicable law  
Deposits     $ 379,500  
IPO [Member] | Maximum [Member]        
Property, Plant and Equipment [Line Items]        
Taxes payable and less interest to pay dissolution expenses     $ 100,000  
IPO [Member] | Common Class A [Member]        
Property, Plant and Equipment [Line Items]        
Number of shares of stock issued     103,500  
Over-Allotment Option [Member]        
Property, Plant and Equipment [Line Items]        
Proceeds from initial public offering $ 115,000,000      
Sale of stock number of shares issued 54,000      
Over-Allotment Option [Member] | Common Class A [Member]        
Property, Plant and Equipment [Line Items]        
Number of shares of stock issued 1,500,000      
Sale of stock number of shares issued 1,500,000      
Private Placement [Member]        
Property, Plant and Equipment [Line Items]        
Sale of stock number of shares issued 565,375   54,000  
Sale of stock price per share $ 10.00      
Proceeds from private placement $ 5,653,750      
XML 30 R20.htm IDEA: XBRL DOCUMENT v3.23.1
SCHEDULE OF REDEEMABLE CLASS A COMMON STOCK (Details)
 3 Months Ended
Mar. 31, 2023
USD ($)
Class A ordinary shares subject to possible redemption $ 118,404,683
Common Class A [Member]  
Gross proceeds 115,000,000
Proceeds allocated to Public Warrants (3,392,500)
Issuance costs allocated to Class A ordinary shares (5,404,094)
Accretion of Class A ordinary shares subject to redemption to redemption amount 12,201,276
Class A ordinary shares subject to possible redemption $ 118,404,682
XML 31 R21.htm IDEA: XBRL DOCUMENT v3.23.1
SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE (Details) - USD ($)
 1 Months Ended 3 Months Ended
Mar. 31, 2022
Mar. 31, 2023
Net Income $ (338) $ 499,414
Common Class A [Member]    
Net Income $ 275,738
Weighted average ordinary shares 6,084,438
Basic and diluted net income per ordinary shares $ 0.05
Common Class B [Member]    
Net Income $ 223,676
Weighted average ordinary shares 4,935,622
Basic and diluted net income per ordinary shares $ 0.05
XML 32 R22.htm IDEA: XBRL DOCUMENT v3.23.1
SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) - USD ($)
 3 Months Ended
Feb. 14, 2023
Mar. 31, 2023
Dec. 31, 2022
Property, Plant and Equipment [Line Items]      
Investments held in trust account   $ 118,491,047
Unrecognized tax benefits   0  
Accrued for interest and penalties   $ 0  
Redemption price per share   $ 10.25  
Temporary equity   $ 118,404,683
Cash, FDIC insured amount   250,000  
IPO [Member]      
Property, Plant and Equipment [Line Items]      
Payments of stock issuance costs $ 5,610,317 5,610,317  
Cash underwriting fees 1,265,000 1,265,000  
Deferred underwriting fees 3,450,000 3,450,000  
Other offering costs $ 895,317 895,317  
Offering cost   5,404,094  
Temporary equity   $ 206,223  
Common Class A [Member]      
Property, Plant and Equipment [Line Items]      
Redemption price per share   $ 10.30 $ 0
Redemption of shares   11,500,000 0
Temporary equity   $ 118,404,682  
Minimum [Member]      
Property, Plant and Equipment [Line Items]      
Business combination tangible assets net   $ 5,000,001 $ 5,000,001
XML 33 R23.htm IDEA: XBRL DOCUMENT v3.23.1
INITIAL PUBLIC OFFERING (Details Narrative) - USD ($)
 3 Months Ended
Feb. 14, 2023
Mar. 31, 2023
Dec. 31, 2022
Public Warrant [Member]      
Exercise price per share   $ 0.01  
Common Class A [Member]      
Proceeds from initial public offering   $ 115,000,000  
Exercise price per share   $ 18.00  
Common Class A [Member] | Public Warrant [Member]      
Exercise price per share   $ 11.50 $ 11.50
IPO [Member]      
Sale of stock, number of shares issued in transaction 11,500,000    
Over-Allotment Option [Member]      
Sale of stock, number of shares issued in transaction 54,000    
Proceeds from initial public offering $ 115,000,000    
Over-Allotment Option [Member] | Common Class A [Member]      
Sale of stock, number of shares issued in transaction 1,500,000    
XML 34 R24.htm IDEA: XBRL DOCUMENT v3.23.1
PRIVATE PLACEMENT (Details Narrative) - USD ($)
 1 Months Ended 3 Months Ended
Feb. 14, 2023
Mar. 31, 2022
Mar. 31, 2023
Subsidiary, Sale of Stock [Line Items]      
Proceeds from private placement   $ 5,653,750
Private Placement [Member]      
Subsidiary, Sale of Stock [Line Items]      
Sale of stock, number of shares issued in transaction 565,375   54,000
Sale of stock price per share $ 10.00    
Proceeds from private placement $ 5,653,750    
Over-Allotment Option [Member]      
Subsidiary, Sale of Stock [Line Items]      
Sale of stock, number of shares issued in transaction 54,000    
XML 35 R25.htm IDEA: XBRL DOCUMENT v3.23.1
RELATED PARTY TRANSACTIONS (Details Narrative) - USD ($)
 1 Months Ended 3 Months Ended 12 Months Ended
Feb. 15, 2023
Feb. 14, 2023
Dec. 22, 2022
May 17, 2022
Mar. 31, 2022
Mar. 31, 2023
Dec. 31, 2022
Apr. 25, 2022
Related Party Transaction [Line Items]                
Cash           $ 521,599 $ 88,277  
Repayment of promissory note - related party         300,000    
Incurred expenses         $ 27,267    
Affiliate Sponsor [Member]                
Related Party Transaction [Line Items]                
Business acquisition, share price           $ 10.00    
Related Party [Member] | Mehana Capital L L C [Member] | Administrative Support Agreement [Member]                
Related Party Transaction [Line Items]                
Service cost payable           $ 10,000    
Incurred expenses         $ 0 15,000 $ 0  
Maximum [Member] | Affiliate Sponsor [Member]                
Related Party Transaction [Line Items]                
Issuable, value assigned           $ 1,500,000    
IPO [Member]                
Related Party Transaction [Line Items]                
Number of shares of stock issued   11,500,000            
Sale of stock price per share   $ 10.25       $ 10.00    
IPO [Member] | Promissory Note [Member]                
Related Party Transaction [Line Items]                
Loan amount               $ 300,000
Repayment of promissory note - related party $ 300,000              
IPO [Member] | Promissory Note [Member] | Related Party [Member]                
Related Party Transaction [Line Items]                
Promissory note - related party               $ 300,000
Common Class B [Member]                
Related Party Transaction [Line Items]                
Cash       $ 25,000        
Number of shares of stock issued       2,875,000        
Additional founder shares     2,060,622          
Sponsor for subscription remains outstanding     $ 206          
Percentage of issued and outstanding shares       30.00%   30.00%    
Sale of stock price per share       $ 12.00        
Common Class B [Member] | Over-Allotment Option [Member]                
Related Party Transaction [Line Items]                
Additional founder shares           643,777    
Common Class B [Member] | Over-Allotment Option [Member] | Maximum [Member]                
Related Party Transaction [Line Items]                
Sharebased payment award options forfeitures       643,777        
XML 36 R26.htm IDEA: XBRL DOCUMENT v3.23.1
COMMITMENTS AND CONTINGENCIES (Details Narrative) - USD ($)
 3 Months Ended
Feb. 14, 2023
Mar. 31, 2023
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]    
Shares price per share   $ 1.28
Representative shares value   $ 132,480
Representative shares issued   103,500
Permanent shareholders equity   $ 132,480
Common Class A [Member]    
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]    
Proceeds from initial public offering   $ 115,000,000
Shares price per share   $ 9.20
Underwriters [Member]    
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]    
Share price   0.30
IPO [Member]    
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]    
Sale of stock price per share $ 10.25 $ 10.00
Deferred underwriting fees $ 3,450,000 $ 3,450,000
Number of shares of stock issued 11,500,000  
Shares price per share   $ 10.25
IPO [Member] | Common Class A [Member]    
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]    
Number of shares of stock issued   103,500
IPO [Member] | Underwriters [Member]    
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]    
Sale of stock price per share   $ 10.00
Number of share options exercised value   $ 15,000,000
Share price   $ 0.11
Proceeds from initial public offering   $ 1,265,000
Deferred underwriting fees   $ 3,450,000
Underwriting Agreement [Member]    
Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]    
Number of share options exercised   1,500,000
XML 37 R27.htm IDEA: XBRL DOCUMENT v3.23.1
SHAREHOLDERS’ EQUITY (DEFICIT) (Details Narrative) - USD ($)
 3 Months Ended
Dec. 22, 2022
May 17, 2022
Mar. 31, 2023
Dec. 31, 2022
Class of Stock [Line Items]        
Preferred stock, shares authorized     1,000,000 1,000,000
Preferred stock, par value     $ 0.0001 $ 0.0001
Preference stock, shares outstanding     0 0
Issuance of representative shares, shares     103,500  
Newly issued price per shares     $ 1.28  
Public Warrant [Member]        
Class of Stock [Line Items]        
Public warrants       $ 0
Exercise price per share     $ 0.01  
Common Class A [Member]        
Class of Stock [Line Items]        
Issuance of placement units, shares     565,375  
Issuance of representative shares, shares     103,500  
IPO [Member]        
Class of Stock [Line Items]        
Warrants issued     12,065,375  
Business combination description     The Company will have until 12 months (or up to 18 months from the closing of the Initial Public Offering at the election of the Company pursuant to six one month extensions subject to satisfaction of certain conditions, including the deposit of up to $379,500 ($0.033 per unit) for such one month extension, into the Trust Account, or as extended by the Company’s shareholder in accordance with the Amended and Restated Memorandum and Articles of Association) from the closing of the Initial Public Offering to consummate a Business Combination (the “Combination Period”). If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but no more than five business days thereafter, redeem 100% of the outstanding Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned (net of taxes payable and less interest to pay dissolution expenses up to $100,000), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Shareholders’ rights as shareholder (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining shareholders and the Company’s board of directors, proceed to commence a voluntary liquidation and thereby a formal dissolution of the Company, subject in each case to its obligations to provide for claims of creditors and the requirements of applicable law  
Newly issued price per shares     $ 10.25  
IPO [Member] | Public Warrant [Member]        
Class of Stock [Line Items]        
Warrants issued     11,500,000  
IPO [Member] | Placement Warrants [Member]        
Class of Stock [Line Items]        
Warrants issued     565,375  
IPO [Member] | Public Warrants [Member]        
Class of Stock [Line Items]        
Warrants issued     11,500,000  
Common Class A [Member]        
Class of Stock [Line Items]        
Commo stock, shares authorized     100,000,000 100,000,000
Common stock, par value     $ 0.0001 $ 0.0001
Common stock voting rights     Holders of the Company’s Class A ordinary shares are entitled to one vote for each share.  
Common stock, redumption shares     12,168,875  
Redemption of shares     11,500,000 0
Temporary to permanent equity shares     565,375  
Common stock, shares issued     668,875 0
Common stock, share outstanding     668,875 0
Exercise price per share     $ 18.00  
Business combination description     In addition, if (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination at a Newly Issued Price of less than $9.20 per Class A ordinary shares (with such issue price or effective issue price to be determined in good faith by the board of directors and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of the initial Business Combination (net of redemptions), and (z) the market value is below $9.20 per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the greater of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price described above will be adjusted (to the nearest cent) to be equal to 180% of the greater of the Market Value and the Newly Issued Price.  
Newly issued price per shares     $ 9.20  
Common Class A [Member] | Public Warrant [Member]        
Class of Stock [Line Items]        
Exercise price per share     $ 11.50 $ 11.50
Common Class B [Member]        
Class of Stock [Line Items]        
Commo stock, shares authorized     10,000,000 10,000,000
Common stock, par value     $ 0.0001 $ 0.0001
Common stock, shares issued     4,935,622 4,935,622
Common stock, share outstanding     4,935,622 4,935,622
Share based payment award options forfeitures 2,060,622      
Percentage of issued and outstanding shares   30.00% 30.00%  
Common Class B [Member] | Over-Allotment Option [Member]        
Class of Stock [Line Items]        
Share based payment award options forfeitures     643,777  
XML 38 R28.htm IDEA: XBRL DOCUMENT v3.23.1
SCHEDULE OF FINANCIAL ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS (Details) - USD ($)
Mar. 31, 2023
Dec. 31, 2022
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]    
Investments held in Trust Account $ 118,491,047
US Treasury Securities [Member]    
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]    
Investments held in Trust Account 118,491,047  
US Treasury Securities [Member] | Fair Value, Inputs, Level 1 [Member]    
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]    
Investments held in Trust Account 118,491,047  
US Treasury Securities [Member] | Fair Value, Inputs, Level 2 [Member]    
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]    
Investments held in Trust Account  
US Treasury Securities [Member] | Fair Value, Inputs, Level 3 [Member]    
Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]    
Investments held in Trust Account  
XML 39 R29.htm IDEA: XBRL DOCUMENT v3.23.1
FAIR VALUE MEASUREMENTS (Details Narrative)
Dec. 31, 2022
USD ($)
Fair Value Disclosures [Abstract]  
Financial assets $ 0
XML 40 form10-q_htm.xml IDEA: XBRL DOCUMENT 0001930021 2023-01-01 2023-03-31 0001930021 PTHR:UnitsEachConsistingOfOneClassOrdinaryShareAndOneRedeemableWarrantMember 2023-01-01 2023-03-31 0001930021 PTHR:ClassOrdinaryShare0.0001ParValuePerShareMember 2023-01-01 2023-03-31 0001930021 PTHR:RedeemableWarrantsEachWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonClassAMember 2023-05-10 0001930021 us-gaap:CommonClassBMember 2023-05-10 0001930021 2023-03-31 0001930021 2022-12-31 0001930021 us-gaap:NonrelatedPartyMember 2023-03-31 0001930021 us-gaap:NonrelatedPartyMember 2022-12-31 0001930021 us-gaap:RelatedPartyMember 2023-03-31 0001930021 us-gaap:RelatedPartyMember 2022-12-31 0001930021 us-gaap:CommonClassAMember 2023-03-31 0001930021 us-gaap:CommonClassAMember 2022-12-31 0001930021 us-gaap:CommonClassBMember 2023-03-31 0001930021 us-gaap:CommonClassBMember 2022-12-31 0001930021 2022-03-11 2022-03-31 0001930021 PTHR:ClassAMember 2023-01-01 2023-03-31 0001930021 PTHR:ClassAMember 2022-03-11 2022-03-31 0001930021 PTHR:ClassBMember 2023-01-01 2023-03-31 0001930021 PTHR:ClassBMember 2022-03-11 2022-03-31 0001930021 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2022-12-31 0001930021 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2022-12-31 0001930021 us-gaap:AdditionalPaidInCapitalMember 2022-12-31 0001930021 PTHR:SubscriptionReceivableMember 2022-12-31 0001930021 us-gaap:RetainedEarningsMember 2022-12-31 0001930021 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2022-03-10 0001930021 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2022-03-10 0001930021 us-gaap:AdditionalPaidInCapitalMember 2022-03-10 0001930021 PTHR:SubscriptionReceivableMember 2022-03-10 0001930021 us-gaap:RetainedEarningsMember 2022-03-10 0001930021 2022-03-10 0001930021 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2023-01-01 2023-03-31 0001930021 us-gaap:AdditionalPaidInCapitalMember 2023-01-01 2023-03-31 0001930021 PTHR:SubscriptionReceivableMember 2023-01-01 2023-03-31 0001930021 us-gaap:RetainedEarningsMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2022-03-11 2022-03-31 0001930021 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2022-03-11 2022-03-31 0001930021 us-gaap:AdditionalPaidInCapitalMember 2022-03-11 2022-03-31 0001930021 PTHR:SubscriptionReceivableMember 2022-03-11 2022-03-31 0001930021 us-gaap:RetainedEarningsMember 2022-03-11 2022-03-31 0001930021 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2023-03-31 0001930021 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2023-03-31 0001930021 us-gaap:AdditionalPaidInCapitalMember 2023-03-31 0001930021 PTHR:SubscriptionReceivableMember 2023-03-31 0001930021 us-gaap:RetainedEarningsMember 2023-03-31 0001930021 us-gaap:CommonClassAMember us-gaap:CommonStockMember 2022-03-31 0001930021 us-gaap:CommonClassBMember us-gaap:CommonStockMember 2022-03-31 0001930021 us-gaap:AdditionalPaidInCapitalMember 2022-03-31 0001930021 PTHR:SubscriptionReceivableMember 2022-03-31 0001930021 us-gaap:RetainedEarningsMember 2022-03-31 0001930021 2022-03-31 0001930021 us-gaap:IPOMember 2023-02-12 2023-02-14 0001930021 us-gaap:CommonClassAMember us-gaap:OverAllotmentOptionMember 2023-02-12 2023-02-14 0001930021 us-gaap:OverAllotmentOptionMember 2023-02-12 2023-02-14 0001930021 us-gaap:PrivatePlacementMember 2023-02-12 2023-02-14 0001930021 us-gaap:PrivatePlacementMember 2023-02-14 0001930021 us-gaap:PrivatePlacementMember 2023-01-01 2023-03-31 0001930021 us-gaap:IPOMember 2023-02-14 0001930021 srt:MinimumMember 2023-01-01 2023-03-31 0001930021 PTHR:PostBusinessCombinationMember 2023-03-31 0001930021 us-gaap:IPOMember 2023-03-31 0001930021 srt:MinimumMember 2023-03-31 0001930021 us-gaap:IPOMember 2023-01-01 2023-03-31 0001930021 srt:MaximumMember us-gaap:IPOMember 2023-03-31 0001930021 srt:MinimumMember 2022-12-31 0001930021 us-gaap:CommonClassAMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonClassBMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonClassAMember 2022-03-11 2022-03-31 0001930021 us-gaap:CommonClassBMember 2022-03-11 2022-03-31 0001930021 us-gaap:CommonClassAMember PTHR:PublicWarrantMember 2023-03-31 0001930021 us-gaap:CommonClassBMember 2022-05-17 0001930021 us-gaap:CommonClassBMember 2022-05-16 2022-05-17 0001930021 us-gaap:CommonClassBMember 2022-12-21 2022-12-22 0001930021 srt:MaximumMember us-gaap:CommonClassBMember us-gaap:OverAllotmentOptionMember 2022-05-16 2022-05-17 0001930021 PTHR:PromissoryNoteMember us-gaap:IPOMember 2022-04-25 0001930021 PTHR:PromissoryNoteMember us-gaap:RelatedPartyMember us-gaap:IPOMember 2022-04-25 0001930021 PTHR:PromissoryNoteMember us-gaap:IPOMember 2023-02-13 2023-02-15 0001930021 us-gaap:RelatedPartyMember PTHR:AdministrativeSupportAgreementMember PTHR:MehanaCapitalLLCMember 2023-03-31 0001930021 us-gaap:RelatedPartyMember PTHR:AdministrativeSupportAgreementMember PTHR:MehanaCapitalLLCMember 2023-01-01 2023-03-31 0001930021 us-gaap:RelatedPartyMember PTHR:AdministrativeSupportAgreementMember PTHR:MehanaCapitalLLCMember 2022-03-11 2022-03-31 0001930021 us-gaap:RelatedPartyMember PTHR:AdministrativeSupportAgreementMember PTHR:MehanaCapitalLLCMember 2022-01-01 2022-12-31 0001930021 srt:MaximumMember PTHR:AffiliateSponsorMember 2023-03-31 0001930021 PTHR:AffiliateSponsorMember 2023-03-31 0001930021 PTHR:UnderwritingAgreementMember 2023-01-01 2023-03-31 0001930021 PTHR:UnderwritersMember us-gaap:IPOMember 2023-03-31 0001930021 PTHR:UnderwritersMember us-gaap:IPOMember 2023-01-01 2023-03-31 0001930021 PTHR:UnderwritersMember 2023-03-31 0001930021 us-gaap:CommonClassAMember us-gaap:IPOMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonClassAMember 2023-01-01 2023-03-31 0001930021 us-gaap:CommonClassBMember us-gaap:OverAllotmentOptionMember 2023-01-01 2023-03-31 0001930021 PTHR:PublicWarrantMember us-gaap:IPOMember 2023-03-31 0001930021 PTHR:PlacementWarrantsMember us-gaap:IPOMember 2023-03-31 0001930021 PTHR:PublicWarrantMember 2022-12-31 0001930021 us-gaap:CommonClassAMember PTHR:PublicWarrantMember 2022-12-31 0001930021 PTHR:PublicWarrantMember 2023-03-31 0001930021 PTHR:PublicWarrantsMember us-gaap:IPOMember 2023-03-31 0001930021 us-gaap:USTreasurySecuritiesMember 2023-03-31 0001930021 us-gaap:FairValueInputsLevel1Member us-gaap:USTreasurySecuritiesMember 2023-03-31 0001930021 us-gaap:FairValueInputsLevel2Member us-gaap:USTreasurySecuritiesMember 2023-03-31 0001930021 us-gaap:FairValueInputsLevel3Member us-gaap:USTreasurySecuritiesMember 2023-03-31 iso4217:USD shares iso4217:USD shares pure 0001930021 false Q1 --12-31 http://fasb.org/us-gaap/2023#RelatedPartyMember http://fasb.org/us-gaap/2023#RelatedPartyMember 10-Q true 2023-03-31 2023 false 001-41607 PONO CAPITAL THREE, INC. E9 643 Ilalo St., #102 Honolulu HI 96813 (808) 892-6611 Units, each consisting of one Class A Ordinary Share and one Redeemable Warrant PTHRU NASDAQ Class A Ordinary Share, $0.0001 par value per share PTHR NASDAQ Redeemable Warrants, each warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share PTHRW NASDAQ Yes Yes Non-accelerated Filer true true false true 12168875 4935622 521599 88277 244185 1372 13636 206 779626 89649 368802 118491047 119270673 458451 16765 27267 15000 70000 142138 300000 129032 442138 3450000 3579032 442138 0.0001 0.0001 11500000 11500000 10.30 0 118404683 0.0001 0.0001 1000000 1000000 0 0 0 0 0.0001 0.0001 100000000 100000000 668875 668875 11500000 0 0 67 0.0001 0.0001 10000000 10000000 4935622 4935622 4935622 4935622 494 494 24712 -206 -206 -2713397 -8687 -2713042 16313 119270673 458451 130269 338 -130269 -338 629683 499414 -338 6084438 0.05 4935622 0.05 4935622 494 24712 -206 -8687 16313 565375 57 5653693 5653750 103500 10 132470 132480 3392500 3392500 206223 206223 8997152 3204124 12201276 499414 499414 668875 67 4935622 494 -206 -2713397 -2713042 -338 -338 -338 -338 -338 -338 -338 -338 499414 -338 629683 242812 16765 338 27267 15000 206 -314255 117875000 -117875000 5653750 113735000 300000 466173 118622577 433322 88277 521599 12201276 132480 70000 3450000 <p id="xdx_800_eus-gaap--BusinessDescriptionAndBasisOfPresentationTextBlock_z6qT4q5OdsGh" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 1. <span id="xdx_821_zERwWQwjdwWb">DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Pono Capital Three, Inc. (the “Company”) is a blank check company incorporated in Delaware on <span id="xdx_900_edei--EntityIncorporationDateOfIncorporation_c20230101__20230331_z5QwBwtiE3Yj" title="Date of incorporation">March 11, 2022</span>. On October 14, 2022, the Company redomiciled in the Cayman Islands. The Company was formed for the purpose of entering into a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses (a “Business Combination”). The Company is not limited to a particular industry or geographic region for purposes of consummating a Business Combination. The Company is an early stage and emerging growth company and, as such, the Company is subject to all of the risks associated with early stage and emerging growth companies.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of March 31, 2023, the Company had not commenced any operations. All activity from inception through March 31, 2023 relates to the Company’s formation and initial public offering (“Initial Public Offering”), which is described below. The Company will not generate any operating revenues until after the completion of a Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income from the proceeds derived from the Initial Public Offering. The Company has selected December 31 as its fiscal year end.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The registration statement for the Company’s Initial Public Offering was declared effective on February 9, 2023. On February 14, 2023, the Company consummated the Initial Public Offering of <span id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zoGKSjKvfdW8" title="Number of shares of stock issued">11,500,000</span> units, (the “Units” and, with respect to the Class A ordinary shares included in the Units sold, the “Public Shares”), including <span id="xdx_900_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zQhERl4aFc73" title="Number of shares of stock issued">1,500,000</span> Units issued pursuant to the exercise of the underwriter’s over-allotment option in full, generating gross proceeds of $<span id="xdx_907_eus-gaap--ProceedsFromIssuanceInitialPublicOffering_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember_z36iVELZgBM5" title="Proceeds from initial public offering">115,000,000</span>, which is discussed in Note 3.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of <span id="xdx_90E_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_zvml9kI7Xb35" title="Sale of stock number of shares issued">565,375</span> units (the “Placement Units”) at a price of $<span id="xdx_907_eus-gaap--SaleOfStockPricePerShare_iI_c20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_zP5ZtN0umlA4" title="Sale of stock price per share">10.00</span> per Placement Unit in a private placement to Mehana Capital LLC (the “Sponsor”), including <span id="xdx_90C_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_zuQCVt1tvrU2" title="Sale of stock number of shares issued">54,000</span> Placement Units issued pursuant to the exercise of the underwriter’s over-allotment option in full, generating gross proceeds of $<span id="xdx_90B_eus-gaap--ProceedsFromIssuanceOfPrivatePlacement_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_zXfmrGeCkhSe" title="Proceeds from private placement">5,653,750</span>, which is described in Note 4.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Following the closing of the Initial Public Offering on February 14, 2023, an amount of $<span id="xdx_903_eus-gaap--SaleOfStockConsiderationReceivedPerTransaction_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zi2UkcKkUj6f" title="Sale of stock shares issued">117,875,000</span> ($<span id="xdx_90A_eus-gaap--SaleOfStockPricePerShare_iI_c20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zMs2Zs31Ywni" title="Sale of stock price per share">10.25</span> per Unit) from the net proceeds of the sale of the Units in the Initial Public Offering and the sale of the Placement Units was placed in a trust account (the “Trust Account”), and will be invested only in U.S. government treasury obligations with maturities of 185 days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act, which invest only in direct U.S. government treasury obligations, until the earlier of: (i) the completion of a Business Combination and (ii) the distribution of the funds held in the Trust Account, as described below.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Transaction costs related to the issuances described above amounted to $<span id="xdx_900_eus-gaap--PaymentsOfStockIssuanceCosts_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_ztUJZ3MMdz56" title="Transaction cost">5,610,317</span>, consisting of $<span id="xdx_900_eus-gaap--PaymentsForUnderwritingExpense_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_ziynBjflXJse" title="Payments for underwriting expense">1,265,000</span> of cash underwriting fees, $<span id="xdx_90C_eus-gaap--DeferredOfferingCosts_iI_c20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zWuKqbWdnor" title="Deferred underwriting fees">3,450,000</span> of deferred underwriting fees and $<span id="xdx_904_eus-gaap--OtherDeferredCostsNet_iI_c20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zmB8t3YTNkuh" title="Other offering costs">895,317</span> of other offering costs.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s management has broad discretion with respect to the specific application of the net proceeds of the Initial Public Offering and the sale of the Placement Units, although substantially all of the net proceeds are intended to be applied generally toward consummating a Business Combination. There is no assurance that the Company will be able to complete a Business Combination successfully. The Company must complete a Business Combination with one or more target businesses that together have an aggregate fair market value of at least <span id="xdx_90D_ecustom--PercentageOfFairMarketValueOfBusinessAcquisitionToTrustAccountBalance_pid_dp_uPure_c20230101__20230331__srt--RangeAxis__srt--MinimumMember_z4uUzt6nDuN" title="Percentage of fair market value of business acquisition">80</span>% of the value of the Trust Account (as defined below) (excluding the deferred underwriting commissions and taxes payable on income earned on the Trust Account) at the time of the agreement to enter into an initial Business Combination. The Company will only complete a Business Combination if the post-transaction company owns or acquires <span id="xdx_904_eus-gaap--BusinessAcquisitionPercentageOfVotingInterestsAcquired_iI_pid_dp_uPure_c20230331__us-gaap--BusinessAcquisitionAxis__custom--PostBusinessCombinationMember_z6hufuK57NRe" title="Percentage of voting interests acquired">50</span>% or more of the outstanding voting securities of the target or otherwise acquires a controlling interest in the target sufficient for it not to be required to register as an investment company under the Investment Company Act of 1940, as amended (the “Investment Company Act”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>PONO CAPITAL THREE, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company will provide its holders of the outstanding Public Shares (the “Public Shareholders”) with the opportunity to redeem all or a portion of their Public Shares upon the completion of a Business Combination either (i) in connection with a shareholder meeting called to approve the Business Combination or (ii) by means of a tender offer. The decision as to whether the Company will seek shareholder approval of a Business Combination or conduct a tender offer will be made by the Company, solely in its discretion. The Public Shareholders will be entitled to redeem their Public Shares for a pro rata portion of the amount then in the Trust Account (initially anticipated to be $<span id="xdx_905_eus-gaap--SharesIssuedPricePerShare_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_ze2IigorhkFf" title="Shares issued price per share">10.25</span> per Public Share, plus any pro rata interest earned on the funds held in the Trust Account and not previously released to the Company to pay its tax obligations). There will be no redemption rights upon the completion of a Business Combination with respect to the Company’s warrants. With the completion of the Initial Public Offering, the Public Shares subject to redemption are recorded at redemption value and classified as temporary equity in accordance with the Financial Accounting Standards Board’s (“FASB”) Accounting Standards Codification (“ASC”) Topic 480, <i>Distinguishing Liabilities from Equity</i> (“ASC 480”).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company will proceed with a Business Combination if the Company has net tangible assets of at least $<span id="xdx_905_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_iI_c20230331__srt--RangeAxis__srt--MinimumMember_zblB48xgaNYk" title="Business combination, net tangible assets">5,000,001</span> upon consummation of such Business Combination and a majority of the shares voted are voted in favor of the Business Combination. If the Company seeks shareholder approval of a Business Combination and it does not conduct redemptions pursuant to the tender offer rules, the amended and restated memorandum and articles of association (the “Amended and Restated Memorandum and Articles of Association”) provides that a Public Shareholder, together with any affiliate of such shareholder or any other person with whom such shareholder is acting in concert or as a “group” (as defined under Section 13 of the Securities Exchange Act of 1934, as amended (the “Exchange Act”)), will be restricted from seeking redemption rights with respect to 15% or more of the Public Shares without the Company’s prior written consent.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If a shareholder vote is not required and the Company does not decide to hold a shareholder vote for business or other legal reasons, the Company will offer such redemption pursuant to the tender offer rules of the Securities and Exchange Commission (“SEC”), and file tender offer documents containing substantially the same information as would be included in a proxy statement with the SEC prior to completing a Business Combination.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Sponsor has agreed (a) to vote its Class B ordinary shares, the ordinary shares included in the Placement Units and the Public Shares purchased in the Initial Public Offering in favor of a Business Combination, (b) not to propose an amendment to the Amended and Restated Memorandum and Articles of Association with respect to the Company’s pre-Business Combination activities prior to the consummation of a Business Combination unless the Company provides dissenting Public Shareholders with the opportunity to redeem their Public Shares in conjunction with any such amendment; (c) not to redeem any shares (including the Class B ordinary shares) and Placement Units (including underlying securities) into the right to receive cash from the Trust Account in connection with a shareholder vote to approve a Business Combination (or to sell any shares in a tender offer in connection with a Business Combination if the Company does not seek shareholder approval in connection therewith) or a vote to amend the provisions of the Amended and Restated Memorandum and Articles of Association relating to shareholders’ rights of pre-Business Combination activity and (d) that the Class B ordinary shares and Placement Units (including underlying securities) shall not participate in any liquidating distributions upon winding up if a Business Combination is not consummated. However, the Sponsor will be entitled to liquidating distributions from the Trust Account with respect to any Public Shares purchased in the Initial Public Offering if the Company fails to complete its Business Combination.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>PONO CAPITAL THREE, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_90B_ecustom--BusinessCombinationInitialPublicOfferingDescription_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zz9vd18mK5Wd" title="Business combination description">The Company will have until 12 months (or up to 18 months from the closing of the Initial Public Offering at the election of the Company pursuant to six one month extensions subject to satisfaction of certain conditions, including the deposit of up to $<span id="xdx_901_eus-gaap--Deposits_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_z0k8QDHytGqe" title="Deposits">379,500</span> ($0.033 per unit) for such one month extension, into the Trust Account, or as extended by the Company’s shareholder in accordance with the Amended and Restated Memorandum and Articles of Association) from the closing of the Initial Public Offering to consummate a Business Combination (the “Combination Period”). If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but no more than five business days thereafter, redeem 100% of the outstanding Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned (net of taxes payable and less interest to pay dissolution expenses up to $<span id="xdx_901_eus-gaap--TaxesPayableCurrentAndNoncurrent_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__srt--RangeAxis__srt--MaximumMember_zQhkepsHTAV6" title="Taxes payable and less interest to pay dissolution expenses">100,000</span>), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Shareholders’ rights as shareholder (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining shareholders and the Company’s board of directors, proceed to commence a voluntary liquidation and thereby a formal dissolution of the Company, subject in each case to its obligations to provide for claims of creditors and the requirements of applicable law</span>. The underwriter has agreed to waive its rights to the deferred underwriting commission held in the Trust Account in the event the Company does not complete a Business Combination within the Combination Period and, in such event, such amounts will be included with the funds held in the Trust Account that will be available to fund the redemption of the Public Shares. In the event of such distribution, it is possible that the per share value of the assets remaining available for distribution will be less than the Initial Public Offering price per Unit ($<span id="xdx_90F_eus-gaap--SaleOfStockPricePerShare_iI_pid_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_z0unaysqTlk3" title="Sale of stock price per share">10.00</span>).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Sponsor has agreed that it will be liable to the Company, if and to the extent any claims by a vendor for services rendered or products sold to the Company, or a prospective target business with which the Company has discussed entering into a transaction agreement, reduce the amounts in the Trust Account to below $<span id="xdx_90F_eus-gaap--SharesIssuedPricePerShare_iI_pid_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zjuszEokZSJ1" title="Shares issued price per share">10.25</span> per share, except as to any claims by a third party who executed a waiver of any and all rights to seek access to the Trust Account and except as to any claims under the Company’s indemnity of the underwriter of the Initial Public Offering against certain liabilities, including liabilities under the Securities Act of 1933, as amended (the “Securities Act”). In the event that an executed waiver is deemed to be unenforceable against a third party, the Sponsor will not be responsible to the extent of any liability for such third-party claims. The Company will seek to reduce the possibility that the Sponsor will have to indemnify the Trust Account due to claims of creditors by endeavoring to have all vendors, service providers (except for the Company’s independent registered accounting firm), prospective target businesses or other entities with which the Company does business, execute agreements with the Company waiving any right, title, interest or claim of any kind in or to monies held in the Trust Account.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Going Concern and Liquidity</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of March 31, 2023 and December 31, 2022, the Company had $<span id="xdx_908_eus-gaap--Cash_iI_c20230331_zjLxYtZngxDj" title="Cash">521,599</span> and $<span id="xdx_90C_eus-gaap--Cash_iI_c20221231_zK9UCwCJ9xxh" title="Cash">88,277</span> in cash, respectively, and a working capital surplus of $<span id="xdx_906_ecustom--WorkingCapitalSurplus_c20230101__20230331_zlz6FCcrOGl3" title="working capital surplus">650,594</span> and a working capital deficit of $<span id="xdx_90E_ecustom--WorkingCapitalDeficit_c20230101__20230331_zbfSK06sviWh" title="Working capital deficit">352,489</span>, respectively. Prior to the completion of the Initial Public Offering, the Company lacked the liquidity it needed to sustain operations for a reasonable period of time, which is considered to be one year from the issuance date of the unaudited condensed financial statements. The Company has since completed its Initial Public Offering at which time capital in excess of the funds deposited in the Trust Account and/or used in fund offering expenses was released to the Company for general working capital purposes. In addition, in order to finance transaction costs in connection with a Business Combination, the Sponsor may provide us up to $<span id="xdx_909_ecustom--WorkingCapitalLoans_iI_c20230331_zLgZyI8EqHac" title="Working capital loans">1,500,000</span> under Working Capital Loans (see Note 5.)</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying unaudited condensed financial statements have been prepared in conformity with accounting principles generally accepted in the United States of America (“GAAP”), which contemplates continuation of the Company as a going concern and the realization of assets and the satisfaction of liabilities in the normal course of business. The Company has incurred and expects to continue to incur significant costs in pursuit of the Company’s financing and acquisition plans. Management plans to address this uncertainty with the successful closing of the Business Combination. The Company will have until February 14, 2024 (or up to August 14, 2024, as applicable) to consummate a Business Combination. If a Business Combination is not consummated by February 14, 2024, less than one year after the date these unaudited condensed financial statements are issued, there will be a mandatory liquidation and subsequent dissolution of the Company. Management has determined that the mandatory liquidation, should a Business Combination not occur, and potential subsequent dissolution, raises substantial doubt about the Company’s ability to continue as a going concern. No adjustments have been made to the carrying amounts of assets or liabilities should the Company be required to liquidate after February 14, 2024. The Company intends to complete the initial Business Combination before the mandatory liquidation date. However, there can be no assurance that the Company will be able to consummate any Business Combination by February 14, 2024.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>PONO CAPITAL THREE, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Risks and Uncertainties</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management continues to evaluate the impact of the COVID-19 pandemic on the industry and has concluded that while it is reasonably possible that the virus could have a negative effect on the Company’s financial position, results of its operations and/or search for a target company, the specific impact is not readily determinable as of the date of these unaudited condensed financial statements. These unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Additionally, as a result of the military action commenced in February 2022 by the Russian Federation and Belarus in the country of Ukraine and related economic sanctions, the Company’s ability to consummate a Business Combination, or the operations of a target business with which the Company ultimately consummates a Business Combination, may be materially and adversely affected. Further, the Company’s ability to consummate a transaction may be dependent on the ability to raise equity and debt financing which may be impacted by these events, including as a result of increased market volatility, or decreased market liquidity in third-party financing being unavailable on terms acceptable to the Company or at all. The impact of this action and related sanctions on the world economy and the specific impact on the Company’s financial position, results of operations and/or ability to consummate a Business Combination are not yet determinable. The unaudited condensed financial statements do not include any adjustments that might result from the outcome of this uncertainty.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 2022-03-11 11500000 1500000 115000000 565375 10.00 54000 5653750 117875000 10.25 5610317 1265000 3450000 895317 0.80 0.50 10.25 5000001 The Company will have until 12 months (or up to 18 months from the closing of the Initial Public Offering at the election of the Company pursuant to six one month extensions subject to satisfaction of certain conditions, including the deposit of up to $379,500 ($0.033 per unit) for such one month extension, into the Trust Account, or as extended by the Company’s shareholder in accordance with the Amended and Restated Memorandum and Articles of Association) from the closing of the Initial Public Offering to consummate a Business Combination (the “Combination Period”). If the Company is unable to complete a Business Combination within the Combination Period, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but no more than five business days thereafter, redeem 100% of the outstanding Public Shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Trust Account, including interest earned (net of taxes payable and less interest to pay dissolution expenses up to $100,000), divided by the number of then outstanding Public Shares, which redemption will completely extinguish Public Shareholders’ rights as shareholder (including the right to receive further liquidation distributions, if any), subject to applicable law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of the remaining shareholders and the Company’s board of directors, proceed to commence a voluntary liquidation and thereby a formal dissolution of the Company, subject in each case to its obligations to provide for claims of creditors and the requirements of applicable law 379500 100000 10.00 10.25 521599 88277 650594 352489 1500000 <p id="xdx_808_eus-gaap--SignificantAccountingPoliciesTextBlock_z4gnaOC59345" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 2. <span id="xdx_822_zXwcxOvjEtPh">SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84E_eus-gaap--BasisOfAccountingPolicyPolicyTextBlock_z1BvACAHCtkl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span><span id="xdx_86B_zcYiykjUX5Re">Basis of Presentation</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying unaudited condensed financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. Certain information or footnote disclosures normally included in unaudited condensed financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s form 10-K as filed with the SEC on March 30, 2023. The interim results for three months ended March 31, 2023 are not necessarily indicative of the results to be expected for the period ending December 31, 2023 or for any future periods.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84B_ecustom--EmergingGrowthCompanyPolicyTextBlock_zHW6hjVQu97e" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86D_zEYUInPD1xz1">Emerging Growth Company</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>PONO CAPITAL THREE, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s unaudited condensed financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_849_eus-gaap--UseOfEstimates_z0S2nmBNGEwg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_860_zUXtvebwCGog">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the unaudited condensed financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of expenses during the reporting period.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_848_eus-gaap--CashAndCashEquivalentsPolicyTextBlock_zMzWPgtjLEwd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_865_zToYK8K6Gzeb">Cash</span> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of March 31, 2023 and December 31, 2022.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_840_eus-gaap--MarketableSecuritiesPolicy_z0irDsKSe9z1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86D_zuCCILBzSv6e">Investments Held in Trust Account</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of March 31, 2023 the assets held in the Trust Account were held in money market funds, which were invested in U.S. Treasury securities. All of the Company’s investments held in the Trust Account are classified as trading securities. Such trading securities are presented on the unaudited condensed balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of investments held in Trust Account are included in interest and dividend income on investments held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Account are determined using available market information. The Company had $<span id="xdx_909_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20230331_zSx3ZUolTUke" title="Investments held in trust account">118,491,047</span> and $<span id="xdx_900_eus-gaap--AssetsHeldInTrustNoncurrent_iI_dxL_c20221231_z3B4ADdn4hKi" title="::XDX::-"><span style="-sec-ix-hidden: xdx2ixbrl0513">0</span></span> and in investments held in the Trust Account as of March 31, 2023 and December 31, 2022, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_842_eus-gaap--IncomeTaxPolicyTextBlock_zrkk6dLpHCnj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_867_zPpOtd5jOQOh">Income Taxes</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company accounts for income taxes under ASC Topic 740, <i>Income Taxes </i>(“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the unaudited condensed financial statements and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>PONO CAPITAL THREE, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s unaudited condensed financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Based on the Company’s evaluation, it has been concluded that there are no significant uncertain tax positions requiring recognition in the Company’s unaudited condensed financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were <span id="xdx_901_eus-gaap--UnrecognizedTaxBenefits_iI_do_c20230331_z1ka2kUjjVpd" title="Unrecognized tax benefits">no</span> unrecognized tax benefits and <span id="xdx_90B_eus-gaap--IncomeTaxExaminationPenaltiesAndInterestAccrued_iI_do_c20230331_zuhTBDYojDi4" title="Accrued for interest and penalties">no</span> amounts accrued for interest and penalties as of March 31, 2023. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is considered an exempted Cayman Islands Company and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. Consequently, income taxes are not reflected in the Company’s unaudited condensed financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84D_eus-gaap--SharesSubjectToMandatoryRedemptionChangesInRedemptionValuePolicyTextBlock_zw63infw0lZa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span><span id="xdx_86E_zfax7gAM0xyk">Class A Ordinary Shares Subject To Possible Redemption</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">All of the Class A ordinary shares sold as part of the Units in the Initial Public Offering contain a redemption feature which allows for the redemption of such Public Shares in connection with the Company’s liquidation, if there is a shareholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s Amended and Restated Articles of Association. In accordance with ASC 480, conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that currently, the Company will not redeem its Public Shares in an amount that would cause its net tangible assets (shareholders’ equity) to be less than $<span id="xdx_907_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_iI_c20221231__srt--RangeAxis__srt--MinimumMember_zWxAd3kg9Wkc" title="Business combination tangible assets net">5,000,001</span>. However, the threshold in its charter would not change the nature of the underlying shares as redeemable and thus Public Shares would be required to be disclosed outside of permanent equity. The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary shares to equal the redemption value ($<span id="xdx_901_eus-gaap--TemporaryEquityRedemptionPricePerShare_iI_c20230331_zKeDt8KFA75c" title="Redemption price per share">10.25</span> per share) at the end of each reporting period. Such changes are reflected in additional paid-in capital, or in the absence of additional paid-in capital, in accumulated deficit. As of December 31, 2022, Class A ordinary shares subject to possible redemption was $<span id="xdx_900_ecustom--TemporaryEquityRedemptionOfShares_iI_c20221231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zPi8Xo10tUMh" title="Redemption of shares">0</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>PONO CAPITAL THREE, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_895_ecustom--OrdinarySharesSubjectToPossibleRedemptiontTextBlock_ze4i5E9vOICa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of March 31, 2023, the Class A ordinary shares reflected in the unaudited condensed balance sheet is reconciled in the following table:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_zew505hthkI1" style="display: none">SCHEDULE OF REDEEMABLE CLASS A COMMON STOCK</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_494_20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z99ISssdqsx7" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--ProceedsFromIssuanceInitialPublicOffering_zaQ2Z3zFkAHc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 84%; text-align: left"><span style="font-size: 10pt">Gross proceeds</span></td><td style="width: 2%"><span style="font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td style="width: 12%; text-align: right"><span style="font-size: 10pt">115,000,000</span></td><td style="width: 1%; text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td><span style="font-size: 10pt">Less:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_401_eus-gaap--ProceedsFromIssuanceOfWarrants_iN_di_z6Uic12BWt7a" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left"><span style="font-size: 10pt">Proceeds allocated to Public Warrants</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">(3,392,500</span></td><td style="text-align: left"><span style="font-size: 10pt">)</span></td></tr> <tr id="xdx_400_ecustom--TemporaryEquityIssuanceCostsAllocatedToCommonStock_zfCi1lRhZeHb" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left"><span style="font-size: 10pt">Issuance costs allocated to Class A ordinary shares</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">(5,404,094</span></td><td style="text-align: left"><span style="font-size: 10pt">)</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td><span style="font-size: 10pt">Plus:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_408_ecustom--TemporaryEquityAccretionOfCarryingValueToRedemptionAmount_z64yHGd57Ze9" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-size: 10pt">Accretion of Class A ordinary shares subject to redemption to redemption amount</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-size: 10pt"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-size: 10pt">12,201,276</span></td><td style="padding-bottom: 1pt; text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_40E_eus-gaap--TemporaryEquityCarryingAmountAttributableToParent_iE_zys17woUIq2e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt"><span style="font-size: 10pt">Class A ordinary shares subject to possible redemption</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><span style="font-size: 10pt">$</span></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">118,404,682</span></td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"><span style="font-size: 10pt"> </span></td></tr> </table> <p id="xdx_8AE_zTDIkve91XGe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_84A_ecustom--OfferingCostsAssociatedInitialPublicOfferingPolicyTextBlock_zZRvCOzGsTa2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_868_zGZAolzVJqEd">Offering Costs associated with the Initial Public Offering</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company complies with the requirements of ASC 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A - <i>Expenses of Offering</i>. Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to the Initial Public Offering. Offering costs directly attributable to the issuance of an equity contract to be classified in equity are recorded as a reduction in equity. Offering costs for equity contracts that are classified as assets and liabilities are expensed immediately. The Company incurred offering costs amounting to $<span id="xdx_909_eus-gaap--PaymentsOfStockIssuanceCosts_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zdTuQyRKM6ak" title="Payments of stock issuance costs">5,610,317</span>, consisting of $<span id="xdx_90A_eus-gaap--PaymentsForUnderwritingExpense_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zF7EAliAp6R4" title="Cash underwriting fees">1,265,000</span> of cash underwriting fees, $<span id="xdx_90D_eus-gaap--DeferredOfferingCosts_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zzBzdYRO8cng" title="Deferred underwriting fees">3,450,000</span> of deferred underwriting fees and $<span id="xdx_904_eus-gaap--OtherDeferredCostsNet_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zIJ8IwaaFIbf" title="Other offering costs">895,317</span> of other offering costs. As such, the Company recorded $<span id="xdx_906_eus-gaap--GeneralPartnersOfferingCosts_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zVWZ6nrrP7H4" title="Offering cost">5,404,094</span> of offering costs as a reduction of temporary equity and $<span id="xdx_90A_eus-gaap--TemporaryEquityCarryingAmountAttributableToParent_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zwYjyOpwsZP9" title="Temporary equity">206,223</span> of offering costs as a reduction of permanent equity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_849_eus-gaap--EarningsPerSharePolicyTextBlock_zU9XgY9oJNYj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86F_zU3EYP5Xb5m3">Net Income Per Share</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net income per share is computed by dividing net income by the weighted average number ordinary shares outstanding for the period. Therefore, the income per share calculation allocates income shared pro rata between Class A and Class B ordinary shares. As a result, the calculated net income per share is the same for Class A and Class B ordinary shares. The calculation of diluted income per share does not consider the effect of the warrants issued in connection with the Initial Public Offering and Placement Warrants (as defined in Note 4) since the exercise of the warrants are contingent upon the occurrence of future events.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_897_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_z1dN3yM8NGak" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table reflects the calculation of basic and diluted net income per share:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"> <span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BF_zwwbAH2oC5Qc">SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt">For the three months ended</span></p> <p style="margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt">March 31, 2023</span></p></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the period from March 11, 2022<br/> (inception) through March 31, 2022</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">Class A</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">Class B</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">Class A</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">Class B</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 10pt">Basic and diluted net income per share:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt"><span style="font-size: 10pt">Numerator:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; width: 38%; text-align: left; padding-bottom: 2.5pt"><span style="font-size: 10pt">Net Income</span></td><td style="width: 2%; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_987_eus-gaap--NetIncomeLoss_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z7OSQ48B56Dj" style="border-bottom: Black 2.5pt double; width: 11%; text-align: right" title="Net Income"><span style="font-size: 10pt">275,738</span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 2%; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_985_eus-gaap--NetIncomeLoss_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zARsXeFT8eGh" style="border-bottom: Black 2.5pt double; width: 11%; text-align: right" title="Net Income"><span style="font-size: 10pt">223,676</span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 2%; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_980_eus-gaap--NetIncomeLoss_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zSAZArP9LOfe" style="border-bottom: Black 2.5pt double; width: 12%; text-align: right" title="Net Income"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0563">—</span></span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 2%; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_982_eus-gaap--NetIncomeLoss_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zcXQiNyktPh2" style="border-bottom: Black 2.5pt double; width: 12%; text-align: right" title="Net Income"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0565">—</span></span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt"><span style="font-size: 10pt">Denominator:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt"><span style="font-size: 10pt">Weighted Average Ordinary Shares</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td id="xdx_983_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zbr1TbAIq9u3" style="text-align: right" title="Weighted average ordinary shares"><span style="font-size: 10pt">6,084,438</span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td id="xdx_986_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zTj3bziANXab" style="text-align: right" title="Weighted average ordinary shares"><span style="font-size: 10pt">4,935,622</span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td id="xdx_983_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zW8laVio2hPi" style="text-align: right" title="Weighted average ordinary shares"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0571">—</span></span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td id="xdx_98D_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zlUs0gbKcoRe" style="text-align: right" title="Weighted average ordinary shares"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0573">—</span></span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span style="font-size: 10pt">Basic and diluted net income per ordinary shares</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_98A_eus-gaap--EarningsPerShareBasic_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zNfePcJWoZff" style="text-align: right" title="Basic and diluted net income per ordinary shares"><span style="font-size: 10pt">0.05</span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_986_eus-gaap--EarningsPerShareBasic_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zrwv5g2ag1ll" style="text-align: right" title="Basic and diluted net income per ordinary shares"><span style="font-size: 10pt">0.05</span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_985_eus-gaap--EarningsPerShareBasic_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z64nXnIWjbd8" style="text-align: right" title="Basic and diluted net income per ordinary shares"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0579">—</span></span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_985_eus-gaap--EarningsPerShareBasic_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zigzH2y0DFIe" style="text-align: right" title="Basic and diluted net income per ordinary shares"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0581">—</span></span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> </table> <p id="xdx_8A1_zXwZt3BGBuk7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_843_eus-gaap--ConcentrationRiskCreditRisk_zFcWO7P8vZaf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86C_zrvBKtHF1ARg">Concentration of Credit Risk</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentration of credit risk consist of a cash account in a financial institution which, at times may exceed the Federal depository insurance coverage of $<span id="xdx_90C_eus-gaap--CashFDICInsuredAmount_iI_c20230331_zG8wki6igPcg" title="Cash, FDIC insured amount">250,000</span>. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt"><b>PONO CAPITAL THREE, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_844_eus-gaap--FairValueOfFinancialInstrumentsPolicy_zqulL0E46VXd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_869_zRm8Xn0L1G2h">Fair Value of Financial Instruments</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, <i>Fair Value Measurement</i>, approximates the carrying amounts represented in the accompanying balance sheets, primarily due to their short-term nature.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84B_eus-gaap--DerivativesPolicyTextBlock_z79orqls8K3h" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_868_zSvuHoaP30cg">Derivative Financial Instruments</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC Topic 815, <i>Derivatives and Hedging</i> (“ASC 815”). For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value on the grant date and is then re-valued at each reporting date, with changes in the fair value reported in the unaudited condensed statements of operations. For derivative instruments that are classified as equity, the derivative instruments are initially measured at fair value (or allocated value), and subsequent changes in fair value are not recognized as long as the contracts continue to be classified in equity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_842_ecustom--WarrantsPolicyTextBlock_z9YTHffCdRY2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_860_zPcpiJpnyJLc">Warrants</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in ASC 480 and ASC 815. The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded as liabilities at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the unaudited condensed statements of operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The warrants are not precluded from equity classification, and are accounted for as such on the date of issuance, and will be on each condensed balance sheet date thereafter. As the warrants are equity classified, they are initially measured at fair value (or allocated value). Subsequent changes in fair value are not recognized as long as the warrants continue to be classified as equity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84A_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zeu0UvasviFe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86C_zlikffAzftFh">Recent Accounting Standards</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s unaudited condensed financial statements.</span></p> <p id="xdx_853_zizKLljUcaKa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84E_eus-gaap--BasisOfAccountingPolicyPolicyTextBlock_z1BvACAHCtkl" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span><span id="xdx_86B_zcYiykjUX5Re">Basis of Presentation</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The accompanying unaudited condensed financial statements are presented in conformity with accounting principles generally accepted in the United States of America (“GAAP”) and pursuant to the rules and regulations of the SEC. Certain information or footnote disclosures normally included in unaudited condensed financial statements prepared in accordance with GAAP have been condensed or omitted, pursuant to the rules and regulations of the SEC for interim financial reporting. Accordingly, they do not include all the information and footnotes necessary for a comprehensive presentation of financial position, results of operations, or cash flows. In the opinion of management, the accompanying unaudited condensed financial statements include all adjustments, consisting of a normal recurring nature, which are necessary for a fair presentation of the financial position, operating results and cash flows for the periods presented. The accompanying unaudited condensed financial statements should be read in conjunction with the Company’s form 10-K as filed with the SEC on March 30, 2023. The interim results for three months ended March 31, 2023 are not necessarily indicative of the results to be expected for the period ending December 31, 2023 or for any future periods.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84B_ecustom--EmergingGrowthCompanyPolicyTextBlock_zHW6hjVQu97e" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86D_zEYUInPD1xz1">Emerging Growth Company</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company is an “emerging growth company,” as defined in Section 2(a) of the Securities Act, as modified by the Jumpstart Our Business Startups Act of 2012 (the “JOBS Act”), and it may take advantage of certain exemptions from various reporting requirements that are applicable to other public companies that are not emerging growth companies including, but not limited to, not being required to comply with the auditor attestation requirements of Section 404 of the Sarbanes-Oxley Act, reduced disclosure obligations regarding executive compensation in its periodic reports and proxy statements, and exemptions from the requirements of holding a nonbinding advisory vote on executive compensation and shareholder approval of any golden parachute payments not previously approved.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>PONO CAPITAL THREE, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Further, Section 102(b)(1) of the JOBS Act exempts emerging growth companies from being required to comply with new or revised financial accounting standards until private companies (that is, those that have not had a Securities Act registration statement declared effective or do not have a class of securities registered under the Exchange Act) are required to comply with the new or revised financial accounting standards. The JOBS Act provides that a company can elect to opt out of the extended transition period and comply with the requirements that apply to non-emerging growth companies but any such election to opt out is irrevocable. The Company has elected not to opt out of such extended transition period which means that when a standard is issued or revised and it has different application dates for public or private companies, the Company, as an emerging growth company, can adopt the new or revised standard at the time private companies adopt the new or revised standard. This may make comparison of the Company’s unaudited condensed financial statements with another public company which is neither an emerging growth company nor an emerging growth company which has opted out of using the extended transition period difficult or impossible because of the potential differences in accounting standards used.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_849_eus-gaap--UseOfEstimates_z0S2nmBNGEwg" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_860_zUXtvebwCGog">Use of Estimates</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The preparation of the unaudited condensed financial statements in conformity with GAAP requires the Company’s management to make estimates and assumptions that affect the reported amounts of assets and liabilities and disclosure of contingent assets and liabilities at the date of the unaudited condensed financial statements and the reported amounts of expenses during the reporting period.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Making estimates requires management to exercise significant judgment. It is at least reasonably possible that the estimate of the effect of a condition, situation or set of circumstances that existed at the date of the unaudited condensed financial statements, which management considered in formulating its estimate, could change in the near term due to one or more future confirming events. Accordingly, the actual results could differ from those estimates.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_848_eus-gaap--CashAndCashEquivalentsPolicyTextBlock_zMzWPgtjLEwd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_865_zToYK8K6Gzeb">Cash</span> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company considers all short-term investments with an original maturity of three months or less when purchased to be cash equivalents. The Company did not have any cash equivalents as of March 31, 2023 and December 31, 2022.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_840_eus-gaap--MarketableSecuritiesPolicy_z0irDsKSe9z1" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86D_zuCCILBzSv6e">Investments Held in Trust Account</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of March 31, 2023 the assets held in the Trust Account were held in money market funds, which were invested in U.S. Treasury securities. All of the Company’s investments held in the Trust Account are classified as trading securities. Such trading securities are presented on the unaudited condensed balance sheet at fair value at the end of each reporting period. Gains and losses resulting from the change in fair value of investments held in Trust Account are included in interest and dividend income on investments held in Trust Account in the accompanying unaudited condensed statement of operations. The estimated fair values of investments held in the Trust Account are determined using available market information. The Company had $<span id="xdx_909_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20230331_zSx3ZUolTUke" title="Investments held in trust account">118,491,047</span> and $<span id="xdx_900_eus-gaap--AssetsHeldInTrustNoncurrent_iI_dxL_c20221231_z3B4ADdn4hKi" title="::XDX::-"><span style="-sec-ix-hidden: xdx2ixbrl0513">0</span></span> and in investments held in the Trust Account as of March 31, 2023 and December 31, 2022, respectively.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 118491047 <p id="xdx_842_eus-gaap--IncomeTaxPolicyTextBlock_zrkk6dLpHCnj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_867_zPpOtd5jOQOh">Income Taxes</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company accounts for income taxes under ASC Topic 740, <i>Income Taxes </i>(“ASC 740”). ASC 740 requires the recognition of deferred tax assets and liabilities for both the expected impact of differences between the unaudited condensed financial statements and tax basis of assets and liabilities and for the expected future tax benefit to be derived from tax loss and tax credit carry forwards. ASC 740 additionally requires a valuation allowance to be established when it is more likely than not that all or a portion of deferred tax assets will not be realized.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>PONO CAPITAL THREE, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">ASC 740 also clarifies the accounting for uncertainty in income taxes recognized in an enterprise’s unaudited condensed financial statements and prescribes a recognition threshold and measurement process for financial statement recognition and measurement of a tax position taken or expected to be taken in a tax return. For those benefits to be recognized, a tax position must be more-likely-than-not to be sustained upon examination by taxing authorities. ASC 740 also provides guidance on derecognition, classification, interest and penalties, accounting in interim periods, disclosure and transition. Based on the Company’s evaluation, it has been concluded that there are no significant uncertain tax positions requiring recognition in the Company’s unaudited condensed financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company recognizes accrued interest and penalties related to unrecognized tax benefits as income tax expense. There were <span id="xdx_901_eus-gaap--UnrecognizedTaxBenefits_iI_do_c20230331_z1ka2kUjjVpd" title="Unrecognized tax benefits">no</span> unrecognized tax benefits and <span id="xdx_90B_eus-gaap--IncomeTaxExaminationPenaltiesAndInterestAccrued_iI_do_c20230331_zuhTBDYojDi4" title="Accrued for interest and penalties">no</span> amounts accrued for interest and penalties as of March 31, 2023. The Company is currently not aware of any issues under review that could result in significant payments, accruals or material deviation from its position. The Company is considered an exempted Cayman Islands Company and is presently not subject to income taxes or income tax filing requirements in the Cayman Islands or the United States. Consequently, income taxes are not reflected in the Company’s unaudited condensed financial statements.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 0 0 <p id="xdx_84D_eus-gaap--SharesSubjectToMandatoryRedemptionChangesInRedemptionValuePolicyTextBlock_zw63infw0lZa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span><span id="xdx_86E_zfax7gAM0xyk">Class A Ordinary Shares Subject To Possible Redemption</span></span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">All of the Class A ordinary shares sold as part of the Units in the Initial Public Offering contain a redemption feature which allows for the redemption of such Public Shares in connection with the Company’s liquidation, if there is a shareholder vote or tender offer in connection with the Business Combination and in connection with certain amendments to the Company’s Amended and Restated Articles of Association. In accordance with ASC 480, conditionally redeemable Class A ordinary shares (including Class A ordinary shares that feature redemption rights that are either within the control of the holder or subject to redemption upon the occurrence of uncertain events not solely within the Company’s control) are classified as temporary equity. Ordinary liquidation events, which involve the redemption and liquidation of all of the entity’s equity instruments, are excluded from the provisions of ASC 480. Although the Company did not specify a maximum redemption threshold, its charter provides that currently, the Company will not redeem its Public Shares in an amount that would cause its net tangible assets (shareholders’ equity) to be less than $<span id="xdx_907_eus-gaap--BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment_iI_c20221231__srt--RangeAxis__srt--MinimumMember_zWxAd3kg9Wkc" title="Business combination tangible assets net">5,000,001</span>. However, the threshold in its charter would not change the nature of the underlying shares as redeemable and thus Public Shares would be required to be disclosed outside of permanent equity. The Company recognizes changes in redemption value immediately as they occur and adjusts the carrying value of redeemable ordinary shares to equal the redemption value ($<span id="xdx_901_eus-gaap--TemporaryEquityRedemptionPricePerShare_iI_c20230331_zKeDt8KFA75c" title="Redemption price per share">10.25</span> per share) at the end of each reporting period. Such changes are reflected in additional paid-in capital, or in the absence of additional paid-in capital, in accumulated deficit. As of December 31, 2022, Class A ordinary shares subject to possible redemption was $<span id="xdx_900_ecustom--TemporaryEquityRedemptionOfShares_iI_c20221231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zPi8Xo10tUMh" title="Redemption of shares">0</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>PONO CAPITAL THREE, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_895_ecustom--OrdinarySharesSubjectToPossibleRedemptiontTextBlock_ze4i5E9vOICa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of March 31, 2023, the Class A ordinary shares reflected in the unaudited condensed balance sheet is reconciled in the following table:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_zew505hthkI1" style="display: none">SCHEDULE OF REDEEMABLE CLASS A COMMON STOCK</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_494_20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z99ISssdqsx7" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--ProceedsFromIssuanceInitialPublicOffering_zaQ2Z3zFkAHc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 84%; text-align: left"><span style="font-size: 10pt">Gross proceeds</span></td><td style="width: 2%"><span style="font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td style="width: 12%; text-align: right"><span style="font-size: 10pt">115,000,000</span></td><td style="width: 1%; text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td><span style="font-size: 10pt">Less:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_401_eus-gaap--ProceedsFromIssuanceOfWarrants_iN_di_z6Uic12BWt7a" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left"><span style="font-size: 10pt">Proceeds allocated to Public Warrants</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">(3,392,500</span></td><td style="text-align: left"><span style="font-size: 10pt">)</span></td></tr> <tr id="xdx_400_ecustom--TemporaryEquityIssuanceCostsAllocatedToCommonStock_zfCi1lRhZeHb" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left"><span style="font-size: 10pt">Issuance costs allocated to Class A ordinary shares</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">(5,404,094</span></td><td style="text-align: left"><span style="font-size: 10pt">)</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td><span style="font-size: 10pt">Plus:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_408_ecustom--TemporaryEquityAccretionOfCarryingValueToRedemptionAmount_z64yHGd57Ze9" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-size: 10pt">Accretion of Class A ordinary shares subject to redemption to redemption amount</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-size: 10pt"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-size: 10pt">12,201,276</span></td><td style="padding-bottom: 1pt; text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_40E_eus-gaap--TemporaryEquityCarryingAmountAttributableToParent_iE_zys17woUIq2e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt"><span style="font-size: 10pt">Class A ordinary shares subject to possible redemption</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><span style="font-size: 10pt">$</span></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">118,404,682</span></td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"><span style="font-size: 10pt"> </span></td></tr> </table> <p id="xdx_8AE_zTDIkve91XGe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-size: 10pt"> </span></p> 5000001 10.25 0 <p id="xdx_895_ecustom--OrdinarySharesSubjectToPossibleRedemptiontTextBlock_ze4i5E9vOICa" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of March 31, 2023, the Class A ordinary shares reflected in the unaudited condensed balance sheet is reconciled in the following table:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> <span id="xdx_8B6_zew505hthkI1" style="display: none">SCHEDULE OF REDEEMABLE CLASS A COMMON STOCK</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="display: none; vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td id="xdx_494_20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z99ISssdqsx7" style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr id="xdx_404_eus-gaap--ProceedsFromIssuanceInitialPublicOffering_zaQ2Z3zFkAHc" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="width: 84%; text-align: left"><span style="font-size: 10pt">Gross proceeds</span></td><td style="width: 2%"><span style="font-size: 10pt"> </span></td> <td style="width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td style="width: 12%; text-align: right"><span style="font-size: 10pt">115,000,000</span></td><td style="width: 1%; text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td><span style="font-size: 10pt">Less:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_401_eus-gaap--ProceedsFromIssuanceOfWarrants_iN_di_z6Uic12BWt7a" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 10pt; text-align: left"><span style="font-size: 10pt">Proceeds allocated to Public Warrants</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">(3,392,500</span></td><td style="text-align: left"><span style="font-size: 10pt">)</span></td></tr> <tr id="xdx_400_ecustom--TemporaryEquityIssuanceCostsAllocatedToCommonStock_zfCi1lRhZeHb" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left"><span style="font-size: 10pt">Issuance costs allocated to Class A ordinary shares</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt">(5,404,094</span></td><td style="text-align: left"><span style="font-size: 10pt">)</span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td><span style="font-size: 10pt">Plus:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_408_ecustom--TemporaryEquityAccretionOfCarryingValueToRedemptionAmount_z64yHGd57Ze9" style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt; text-align: left; padding-bottom: 1pt"><span style="font-size: 10pt">Accretion of Class A ordinary shares subject to redemption to redemption amount</span></td><td style="padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 1pt solid; text-align: left"><span style="font-size: 10pt"> </span></td><td style="border-bottom: Black 1pt solid; text-align: right"><span style="font-size: 10pt">12,201,276</span></td><td style="padding-bottom: 1pt; text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr id="xdx_40E_eus-gaap--TemporaryEquityCarryingAmountAttributableToParent_iE_zys17woUIq2e" style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold; text-align: left; padding-bottom: 2.5pt"><span style="font-size: 10pt">Class A ordinary shares subject to possible redemption</span></td><td style="font-weight: bold; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: left"><span style="font-size: 10pt">$</span></td><td style="border-bottom: Black 2.5pt double; font-weight: bold; text-align: right"><span style="font-size: 10pt">118,404,682</span></td><td style="padding-bottom: 2.5pt; font-weight: bold; text-align: left"><span style="font-size: 10pt"> </span></td></tr> </table> 115000000 3392500 -5404094 12201276 118404682 <p id="xdx_84A_ecustom--OfferingCostsAssociatedInitialPublicOfferingPolicyTextBlock_zZRvCOzGsTa2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_868_zGZAolzVJqEd">Offering Costs associated with the Initial Public Offering</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company complies with the requirements of ASC 340-10-S99-1 and SEC Staff Accounting Bulletin Topic 5A - <i>Expenses of Offering</i>. Offering costs consist principally of professional and registration fees incurred through the balance sheet date that are related to the Initial Public Offering. Offering costs directly attributable to the issuance of an equity contract to be classified in equity are recorded as a reduction in equity. Offering costs for equity contracts that are classified as assets and liabilities are expensed immediately. The Company incurred offering costs amounting to $<span id="xdx_909_eus-gaap--PaymentsOfStockIssuanceCosts_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zdTuQyRKM6ak" title="Payments of stock issuance costs">5,610,317</span>, consisting of $<span id="xdx_90A_eus-gaap--PaymentsForUnderwritingExpense_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zF7EAliAp6R4" title="Cash underwriting fees">1,265,000</span> of cash underwriting fees, $<span id="xdx_90D_eus-gaap--DeferredOfferingCosts_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zzBzdYRO8cng" title="Deferred underwriting fees">3,450,000</span> of deferred underwriting fees and $<span id="xdx_904_eus-gaap--OtherDeferredCostsNet_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zIJ8IwaaFIbf" title="Other offering costs">895,317</span> of other offering costs. As such, the Company recorded $<span id="xdx_906_eus-gaap--GeneralPartnersOfferingCosts_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zVWZ6nrrP7H4" title="Offering cost">5,404,094</span> of offering costs as a reduction of temporary equity and $<span id="xdx_90A_eus-gaap--TemporaryEquityCarryingAmountAttributableToParent_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zwYjyOpwsZP9" title="Temporary equity">206,223</span> of offering costs as a reduction of permanent equity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 5610317 1265000 3450000 895317 5404094 206223 <p id="xdx_849_eus-gaap--EarningsPerSharePolicyTextBlock_zU9XgY9oJNYj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86F_zU3EYP5Xb5m3">Net Income Per Share</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Net income per share is computed by dividing net income by the weighted average number ordinary shares outstanding for the period. Therefore, the income per share calculation allocates income shared pro rata between Class A and Class B ordinary shares. As a result, the calculated net income per share is the same for Class A and Class B ordinary shares. The calculation of diluted income per share does not consider the effect of the warrants issued in connection with the Initial Public Offering and Placement Warrants (as defined in Note 4) since the exercise of the warrants are contingent upon the occurrence of future events.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_897_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_z1dN3yM8NGak" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table reflects the calculation of basic and diluted net income per share:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"> <span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BF_zwwbAH2oC5Qc">SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt">For the three months ended</span></p> <p style="margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt">March 31, 2023</span></p></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the period from March 11, 2022<br/> (inception) through March 31, 2022</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">Class A</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">Class B</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">Class A</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">Class B</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 10pt">Basic and diluted net income per share:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt"><span style="font-size: 10pt">Numerator:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; width: 38%; text-align: left; padding-bottom: 2.5pt"><span style="font-size: 10pt">Net Income</span></td><td style="width: 2%; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_987_eus-gaap--NetIncomeLoss_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z7OSQ48B56Dj" style="border-bottom: Black 2.5pt double; width: 11%; text-align: right" title="Net Income"><span style="font-size: 10pt">275,738</span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 2%; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_985_eus-gaap--NetIncomeLoss_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zARsXeFT8eGh" style="border-bottom: Black 2.5pt double; width: 11%; text-align: right" title="Net Income"><span style="font-size: 10pt">223,676</span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 2%; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_980_eus-gaap--NetIncomeLoss_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zSAZArP9LOfe" style="border-bottom: Black 2.5pt double; width: 12%; text-align: right" title="Net Income"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0563">—</span></span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 2%; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_982_eus-gaap--NetIncomeLoss_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zcXQiNyktPh2" style="border-bottom: Black 2.5pt double; width: 12%; text-align: right" title="Net Income"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0565">—</span></span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt"><span style="font-size: 10pt">Denominator:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt"><span style="font-size: 10pt">Weighted Average Ordinary Shares</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td id="xdx_983_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zbr1TbAIq9u3" style="text-align: right" title="Weighted average ordinary shares"><span style="font-size: 10pt">6,084,438</span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td id="xdx_986_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zTj3bziANXab" style="text-align: right" title="Weighted average ordinary shares"><span style="font-size: 10pt">4,935,622</span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td id="xdx_983_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zW8laVio2hPi" style="text-align: right" title="Weighted average ordinary shares"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0571">—</span></span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td id="xdx_98D_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zlUs0gbKcoRe" style="text-align: right" title="Weighted average ordinary shares"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0573">—</span></span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span style="font-size: 10pt">Basic and diluted net income per ordinary shares</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_98A_eus-gaap--EarningsPerShareBasic_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zNfePcJWoZff" style="text-align: right" title="Basic and diluted net income per ordinary shares"><span style="font-size: 10pt">0.05</span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_986_eus-gaap--EarningsPerShareBasic_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zrwv5g2ag1ll" style="text-align: right" title="Basic and diluted net income per ordinary shares"><span style="font-size: 10pt">0.05</span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_985_eus-gaap--EarningsPerShareBasic_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z64nXnIWjbd8" style="text-align: right" title="Basic and diluted net income per ordinary shares"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0579">—</span></span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_985_eus-gaap--EarningsPerShareBasic_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zigzH2y0DFIe" style="text-align: right" title="Basic and diluted net income per ordinary shares"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0581">—</span></span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> </table> <p id="xdx_8A1_zXwZt3BGBuk7" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-size: 10pt"> </span></p> <p id="xdx_897_eus-gaap--ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock_z1dN3yM8NGak" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table reflects the calculation of basic and diluted net income per share:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"> <span style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_8BF_zwwbAH2oC5Qc">SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><p style="margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt">For the three months ended</span></p> <p style="margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt">March 31, 2023</span></p></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td> <td colspan="6" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">For the period from March 11, 2022<br/> (inception) through March 31, 2022</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom"> <td><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">Class A</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">Class B</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">Class A</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td><td style="font-weight: bold; padding-bottom: 1pt"><span style="font-size: 10pt"> </span></td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center"><span style="font-size: 10pt">Class B</span></td><td style="padding-bottom: 1pt; font-weight: bold"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="text-align: left"><span style="font-size: 10pt">Basic and diluted net income per share:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt"><span style="font-size: 10pt">Numerator:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; width: 38%; text-align: left; padding-bottom: 2.5pt"><span style="font-size: 10pt">Net Income</span></td><td style="width: 2%; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_987_eus-gaap--NetIncomeLoss_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z7OSQ48B56Dj" style="border-bottom: Black 2.5pt double; width: 11%; text-align: right" title="Net Income"><span style="font-size: 10pt">275,738</span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 2%; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_985_eus-gaap--NetIncomeLoss_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zARsXeFT8eGh" style="border-bottom: Black 2.5pt double; width: 11%; text-align: right" title="Net Income"><span style="font-size: 10pt">223,676</span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 2%; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_980_eus-gaap--NetIncomeLoss_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zSAZArP9LOfe" style="border-bottom: Black 2.5pt double; width: 12%; text-align: right" title="Net Income"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0563">—</span></span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"><span style="font-size: 10pt"> </span></td><td style="width: 2%; padding-bottom: 2.5pt"><span style="font-size: 10pt"> </span></td> <td style="border-bottom: Black 2.5pt double; width: 1%; text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_982_eus-gaap--NetIncomeLoss_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zcXQiNyktPh2" style="border-bottom: Black 2.5pt double; width: 12%; text-align: right" title="Net Income"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0565">—</span></span></td><td style="width: 1%; padding-bottom: 2.5pt; text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt"><span style="font-size: 10pt">Denominator:</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td style="text-align: right"><span style="font-size: 10pt"> </span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt"><span style="font-size: 10pt">Weighted Average Ordinary Shares</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td id="xdx_983_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zbr1TbAIq9u3" style="text-align: right" title="Weighted average ordinary shares"><span style="font-size: 10pt">6,084,438</span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td id="xdx_986_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zTj3bziANXab" style="text-align: right" title="Weighted average ordinary shares"><span style="font-size: 10pt">4,935,622</span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td id="xdx_983_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zW8laVio2hPi" style="text-align: right" title="Weighted average ordinary shares"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0571">—</span></span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt"> </span></td><td id="xdx_98D_eus-gaap--WeightedAverageNumberOfSharesOutstandingBasic_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zlUs0gbKcoRe" style="text-align: right" title="Weighted average ordinary shares"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0573">—</span></span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="text-align: left"><span style="font-size: 10pt">Basic and diluted net income per ordinary shares</span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_98A_eus-gaap--EarningsPerShareBasic_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zNfePcJWoZff" style="text-align: right" title="Basic and diluted net income per ordinary shares"><span style="font-size: 10pt">0.05</span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_986_eus-gaap--EarningsPerShareBasic_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zrwv5g2ag1ll" style="text-align: right" title="Basic and diluted net income per ordinary shares"><span style="font-size: 10pt">0.05</span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_985_eus-gaap--EarningsPerShareBasic_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z64nXnIWjbd8" style="text-align: right" title="Basic and diluted net income per ordinary shares"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0579">—</span></span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td><td><span style="font-size: 10pt"> </span></td> <td style="text-align: left"><span style="font-size: 10pt">$</span></td><td id="xdx_985_eus-gaap--EarningsPerShareBasic_c20220311__20220331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zigzH2y0DFIe" style="text-align: right" title="Basic and diluted net income per ordinary shares"><span style="font-size: 10pt"><span style="-sec-ix-hidden: xdx2ixbrl0581">—</span></span></td><td style="text-align: left"><span style="font-size: 10pt"> </span></td></tr> </table> 275738 223676 6084438 4935622 0.05 0.05 <p id="xdx_843_eus-gaap--ConcentrationRiskCreditRisk_zFcWO7P8vZaf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86C_zrvBKtHF1ARg">Concentration of Credit Risk</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Financial instruments that potentially subject the Company to concentration of credit risk consist of a cash account in a financial institution which, at times may exceed the Federal depository insurance coverage of $<span id="xdx_90C_eus-gaap--CashFDICInsuredAmount_iI_c20230331_zG8wki6igPcg" title="Cash, FDIC insured amount">250,000</span>. The Company has not experienced losses on this account and management believes the Company is not exposed to significant risks on such account.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt"><b>PONO CAPITAL THREE, INC.</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><span style="font-size: 10pt"><b>(UNAUDITED)</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 250000 <p id="xdx_844_eus-gaap--FairValueOfFinancialInstrumentsPolicy_zqulL0E46VXd" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_869_zRm8Xn0L1G2h">Fair Value of Financial Instruments</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The fair value of the Company’s assets and liabilities, which qualify as financial instruments under ASC Topic 820, <i>Fair Value Measurement</i>, approximates the carrying amounts represented in the accompanying balance sheets, primarily due to their short-term nature.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84B_eus-gaap--DerivativesPolicyTextBlock_z79orqls8K3h" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_868_zSvuHoaP30cg">Derivative Financial Instruments</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company evaluates its financial instruments to determine if such instruments are derivatives or contain features that qualify as embedded derivatives in accordance with ASC Topic 815, <i>Derivatives and Hedging</i> (“ASC 815”). For derivative financial instruments that are accounted for as liabilities, the derivative instrument is initially recorded at its fair value on the grant date and is then re-valued at each reporting date, with changes in the fair value reported in the unaudited condensed statements of operations. For derivative instruments that are classified as equity, the derivative instruments are initially measured at fair value (or allocated value), and subsequent changes in fair value are not recognized as long as the contracts continue to be classified in equity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_842_ecustom--WarrantsPolicyTextBlock_z9YTHffCdRY2" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_860_zPcpiJpnyJLc">Warrants</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company accounts for warrants as either equity-classified or liability-classified instruments based on an assessment of the warrant’s specific terms and applicable authoritative guidance in ASC 480 and ASC 815. The assessment considers whether the warrants are freestanding financial instruments pursuant to ASC 480, meet the definition of a liability pursuant to ASC 480, and whether the warrants meet all of the requirements for equity classification under ASC 815, including whether the warrants are indexed to the Company’s own ordinary shares, among other conditions for equity classification. This assessment, which requires the use of professional judgment, is conducted at the time of warrant issuance and as of each subsequent quarterly period end date while the warrants are outstanding.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For issued or modified warrants that meet all of the criteria for equity classification, the warrants are required to be recorded as a component of additional paid-in capital at the time of issuance. For issued or modified warrants that do not meet all the criteria for equity classification, the warrants are required to be recorded as liabilities at their initial fair value on the date of issuance, and each balance sheet date thereafter. Changes in the estimated fair value of the warrants are recognized as a non-cash gain or loss on the unaudited condensed statements of operations.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The warrants are not precluded from equity classification, and are accounted for as such on the date of issuance, and will be on each condensed balance sheet date thereafter. As the warrants are equity classified, they are initially measured at fair value (or allocated value). Subsequent changes in fair value are not recognized as long as the warrants continue to be classified as equity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_84A_eus-gaap--NewAccountingPronouncementsPolicyPolicyTextBlock_zeu0UvasviFe" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><span id="xdx_86C_zlikffAzftFh">Recent Accounting Standards</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Management does not believe that any recently issued, but not yet effective, accounting standards, if currently adopted, would have a material effect on the Company’s unaudited condensed financial statements.</span></p> <p id="xdx_80F_ecustom--InitialPublicOfferingDisclosureTextBlock_zieNe1xSMfsf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 3. <span id="xdx_82E_z6s3cOoNdQb3">INITIAL PUBLIC OFFERING</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The registration statement for the Company’s Initial Public Offering was declared effective on February 9, 2023. On February 14, 2023, the Company consummated the Initial Public Offering of <span id="xdx_902_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zN14bUcRQTnh" title="Sale of stock, number of shares issued in transaction">11,500,000</span> Units, including <span id="xdx_901_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zRMxdHGfREzg" title="Sale of stock, number of shares issued in transaction">1,500,000</span> Units issued pursuant to the exercise of the underwriters’ over-allotment option in full, generating gross proceeds of $<span id="xdx_906_eus-gaap--ProceedsFromIssuanceInitialPublicOffering_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember_zldGCWoqEYPe" title="Proceeds from initial public offering">115,000,000</span>. Each Unit consisted of one Class A ordinary share and one redeemable warrant (“Public Warrant”). Each Public Warrant entitles the holder to purchase one Class A ordinary share at an exercise price of $<span id="xdx_905_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember__us-gaap--StatementEquityComponentsAxis__custom--PublicWarrantMember_zJgqK11BCmN8" title="Exercise price per share">11.50</span> per whole share (see Note 7).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><b>PONO CAPITAL THREE, INC.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><b>(UNAUDITED)</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> 11500000 1500000 115000000 11.50 <p id="xdx_804_ecustom--PrivatePlacementDisclosureTextBlock_zuxdy0bMoOVj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 4. <span id="xdx_827_zrTyqLZJI9yh">PRIVATE PLACEMENT</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Simultaneously with the closing of the Initial Public Offering, the Company consummated the sale of <span id="xdx_90D_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_zCYLk421pUqe" title="Sale of stock, number of shares issued in transaction">565,375</span> Placement Units at a price of $<span id="xdx_905_eus-gaap--SaleOfStockPricePerShare_iI_c20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_zbIOHYdT46Wd" title="Sale of stock price per share">10.00</span> per Placement Units, in a private placement to the Sponsor, including <span id="xdx_907_eus-gaap--SaleOfStockNumberOfSharesIssuedInTransaction_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember_zkh2PiFXMMr8" title="Sale of stock, number of shares issued in transaction">54,000</span> Placement Units issued pursuant to the exercise of the underwriters’ over-allotment option in full, generating gross proceeds of $<span id="xdx_902_eus-gaap--ProceedsFromIssuanceOfPrivatePlacement_c20230212__20230214__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--PrivatePlacementMember_zc6UfVAm8VF6" title="Proceeds from private placement">5,653,750</span>. Each Placement Unit consists of one Class A ordinary share (“Placement Share”) and one warrant (“Placement Warrant”). The proceeds from the sale of the Placement Units were added to the net proceeds from the Initial Public Offering held in the Trust Account. If the Company does not complete a Business Combination within the Combination Period, the proceeds from the sale of the Placement Units held in the Trust Account will be used to fund the redemption of the Public Shares (subject to the requirements of applicable law) and the Placement Units will expire worthless.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 565375 10.00 54000 5653750 <p id="xdx_802_eus-gaap--RelatedPartyTransactionsDisclosureTextBlock_zLSOqeR0wP3i" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 5. <span id="xdx_827_z1VXEkaWsZi1">RELATED PARTY TRANSACTIONS</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Founder Shares</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On May 17, 2022, the Sponsor paid an aggregate of $<span id="xdx_906_eus-gaap--Cash_iI_c20220517__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zvUCIuLWR79l" title="Cash">25,000</span> to cover certain expenses on behalf of the Company in exchange for the issuance of <span id="xdx_905_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20220516__20220517__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zXZa7fY2w6l3" title="Number of shares of stock issued">2,875,000</span> Class B ordinary shares (the “Founder Shares”). On December 22, 2022, the Sponsor subscribed for additional Founder Shares resulting in the issuance of <span id="xdx_90B_eus-gaap--StockIssuedDuringPeriodSharesShareBasedCompensationForfeited_c20221221__20221222__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zoPD8RIpTMw8" title="Additional founder shares">2,060,622</span> Class B ordinary shares to the Sponsor for consideration of $<span id="xdx_90A_ecustom--IssuanceOfClassBOrdinarySharesToSponsorForSubscriptionRemainsOutstanding_c20221221__20221222__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_z7Sx0ZciAmq9" title="Sponsor for subscription remains outstanding">206</span>, which remains outstanding as of the date of these condensed financial statements. The Founder Shares included an aggregate of up to <span id="xdx_904_eus-gaap--ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod_c20220516__20220517__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember__srt--RangeAxis__srt--MaximumMember_zjMtEtYn37Ml" title="Sharebased payment award options forfeitures">643,777</span> Class B ordinary shares subject to forfeiture by the Sponsor to the extent that the underwriters’ over-allotment option is not exercised in full or in part, so that the Sponsor will own, on an as-converted basis, <span id="xdx_907_ecustom--PercentageOfIssuedAndOutstandingSharesAfterInitialPublicOfferingCollectivelyHeldByInitialStockholders_pid_dp_c20220516__20220517__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zhKXGiNLDCFe" title="Percentage of issued and outstanding shares">30</span>% of the Company’s issued and outstanding shares after the Initial Public Offering. The underwriters exercised the over-allotment option in full, so those shares are no longer subject to forfeiture.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Sponsor has agreed not to transfer, assign or sell any of the Class B ordinary shares (except to certain permitted transferees as disclosed herein) until, with respect to any of the Class B ordinary shares, the earlier of (i) six months after the date of the consummation of a Business Combination, or (ii) the date on which the closing price of the Company’s ordinary shares equals or exceeds $<span id="xdx_900_eus-gaap--SaleOfStockPricePerShare_iI_c20220517__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zBn3nmmoKlBd" title="Sale of stock price per share">12.00</span> per share (as adjusted for share splits, share dividends, reorganizations and recapitalizations) for any 20 trading days within any 30-trading day period commencing after a Business Combination, with respect to the remaining any of the Class B ordinary shares, upon six months after the date of the consummation of a Business Combination, or earlier, in each case, if, subsequent to a Business Combination, the Company consummates a subsequent liquidation, merger, share exchange or other similar transaction which results in all of the Company’s shareholders having the right to exchange their ordinary shares for cash, securities or other property.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Promissory Note - Related Party</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">On April 25, 2022, the Sponsor agreed to loan the Company an aggregate of up to $<span id="xdx_90D_eus-gaap--DebtInstrumentFaceAmount_iI_c20220425__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__us-gaap--DebtInstrumentAxis__custom--PromissoryNoteMember_zW38cyRrIY22" title="Loan amount">300,000</span> to cover expenses related to the Initial Public Offering pursuant to a promissory note (the “Promissory Note”). This loan is non-interest bearing and payable on the earlier of (i) March 31, 2023 or (ii) the date on which Company consummates the Initial Public Offering. Prior to the Initial Public Offering, the Company had borrowed $<span id="xdx_905_eus-gaap--NotesPayable_iI_c20220425__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__us-gaap--DebtInstrumentAxis__custom--PromissoryNoteMember__us-gaap--RelatedAndNonrelatedPartyStatusAxis__us-gaap--RelatedPartyMember_zM8wPcsn0A9a" title="Promissory note - related party">300,000</span> under the Promissory Note. On February 15, 2023, the Company repaid the outstanding balance under the Promissory Note of $<span id="xdx_905_eus-gaap--RepaymentsOfRelatedPartyDebt_c20230213__20230215__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__us-gaap--DebtInstrumentAxis__custom--PromissoryNoteMember_zNzJUtJur7W4" title="Repayment of promissory note - related party">300,000</span> that was borrowed prior to our initial public offering. As of March 31, 2023, there was <span id="xdx_90E_eus-gaap--NotesPayable_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__us-gaap--DebtInstrumentAxis__custom--PromissoryNoteMember__us-gaap--RelatedAndNonrelatedPartyStatusAxis__us-gaap--RelatedPartyMember_zgIDVrPxywk1" title="Promissory note - related party">no</span> borrowings outstanding under the Promissory Note. The Company no longer has the ability to borrow under the Promissory Note.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"/><p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><b>PONO CAPITAL THREE, INC.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><b>(UNAUDITED)</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Administrative Support Agreement</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company’s Sponsor has agreed, commencing from the date of the Initial Public Offering through the earlier of the Company’s consummation of a Business Combination and its liquidation, to make available to the Company certain general and administrative services, including office space, utilities and administrative services, as the Company may require from time to time. The Company has agreed to pay to Mehana Capital LLC, the Sponsor, $<span id="xdx_90F_eus-gaap--OtherReceivablesNetCurrent_iI_c20230331__dei--LegalEntityAxis__custom--MehanaCapitalLLCMember__us-gaap--TypeOfArrangementAxis__custom--AdministrativeSupportAgreementMember__us-gaap--RelatedAndNonrelatedPartyStatusAxis__us-gaap--RelatedPartyMember_zXgkMQezGFth" title="Service cost payable">10,000</span> per month for these services during the 12-month period to complete a Business Combination. For the three months ended March 31, 2023, and for the period from March 11, 2022 (inception) through March 31, 2022, the Company incurred expenses of $<span id="xdx_90B_eus-gaap--IncreaseDecreaseInAccruedLiabilities_c20230101__20230331__dei--LegalEntityAxis__custom--MehanaCapitalLLCMember__us-gaap--TypeOfArrangementAxis__custom--AdministrativeSupportAgreementMember__us-gaap--RelatedAndNonrelatedPartyStatusAxis__us-gaap--RelatedPartyMember_zbJMaYNyFoT3" title="Incurred expenses">15,000</span> and $<span id="xdx_90D_eus-gaap--IncreaseDecreaseInAccruedLiabilities_c20220311__20220331__dei--LegalEntityAxis__custom--MehanaCapitalLLCMember__us-gaap--TypeOfArrangementAxis__custom--AdministrativeSupportAgreementMember__us-gaap--RelatedAndNonrelatedPartyStatusAxis__us-gaap--RelatedPartyMember_zazkRZdOO115" title="Incurred expenses">0</span>, respectively. As of March 31, 2023 and December 31, 2022, $<span id="xdx_906_eus-gaap--IncreaseDecreaseInAccruedLiabilities_c20230101__20230331__dei--LegalEntityAxis__custom--MehanaCapitalLLCMember__us-gaap--TypeOfArrangementAxis__custom--AdministrativeSupportAgreementMember__us-gaap--RelatedAndNonrelatedPartyStatusAxis__us-gaap--RelatedPartyMember_zh77R8of6aO9" title="Incurred expenses">15,000</span> and $<span id="xdx_901_eus-gaap--IncreaseDecreaseInAccruedLiabilities_c20220101__20221231__dei--LegalEntityAxis__custom--MehanaCapitalLLCMember__us-gaap--TypeOfArrangementAxis__custom--AdministrativeSupportAgreementMember__us-gaap--RelatedAndNonrelatedPartyStatusAxis__us-gaap--RelatedPartyMember_zx4ym3xztzec" title="Incurred expenses">0</span>, respectively was accrued by the Company for expenses incurred under this agreement.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Related Party Loans</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">In order to finance transaction costs in connection with the initial Business Combination, the Sponsor or an affiliate of the Sponsor or certain of the Company’s officers and directors may, but are not obligated to, loan the Company funds as may be required. If the Company completes the initial Business Combination, the Company will repay such loaned amounts. In the event that the initial Business Combination does not close, the Company may use a portion of the working capital held outside the Trust Account to repay such loaned amounts, including the repayment of loans from the Sponsor to pay for any amount deposited to pay for any extension of the time to complete the initial Business Combination, but no proceeds from the Trust Account would be used for such repayment. Up to $<span id="xdx_905_eus-gaap--BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned_iI_c20230331__us-gaap--BusinessAcquisitionAxis__custom--AffiliateSponsorMember__srt--RangeAxis__srt--MaximumMember_zfubrcqQkxJ7" title="Issuable, value assigned">1,500,000</span> of such loans may be convertible into Units, at a price of $<span id="xdx_90A_eus-gaap--BusinessAcquisitionSharePrice_iI_c20230331__us-gaap--BusinessAcquisitionAxis__custom--AffiliateSponsorMember_zt2CdJxPTmO3" title="Business acquisition, share price">10.00</span> per Unit at the option of the lender, upon consummation of the initial Business Combination. The Units would be identical to the Placement Units. The terms of such loans by the Company’s officers and directors, if any, have not been determined and no written agreements exist with respect to such loans.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 25000 2875000 2060622 206 643777 0.30 12.00 300000 300000 300000 10000 15000 0 15000 0 1500000 10.00 <p id="xdx_80D_eus-gaap--CommitmentsAndContingenciesDisclosureTextBlock_z8MIuuL3APRf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 6. <span id="xdx_82D_zOAXBQkkxRgi">COMMITMENTS AND CONTINGENCIES</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Registration and Shareholder Rights Agreement</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The holders of the Founder Shares and Placement Units (including securities contained therein) and Units (including securities contained therein) that may be issued upon conversion of working capital loans and extension loans, and any Class A ordinary shares issuable upon the exercise of the Placement Warrants and any Class A ordinary shares and warrants (and underlying Class A ordinary shares) that may be issued upon conversion of the Units issued as part of the working capital loans and extension loans and Class A ordinary shares issuable upon conversion of the Founder Shares, will be entitled to registration rights pursuant to a registration rights agreement signed prior on the effective date of the Initial Public Offering, requiring the Company to register such securities for resale (in the case of the Founder Shares, only after conversion to the Class A ordinary shares). The holders of these securities are entitled to make up to two demands, excluding short form demands, that the Company registers such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent to the completion of the initial Business Combination and rights to require the Company to register for resale such securities pursuant to Rule 415 under the Securities Act.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>PONO CAPITAL THREE, INC.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>(UNAUDITED)</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Underwriting Agreement</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Simultaneously with the Initial Public Offering, the underwriters fully exercised the over-allotment option to purchase an additional <span id="xdx_908_eus-gaap--StockIssuedDuringPeriodSharesStockOptionsExercised_c20230101__20230331__us-gaap--TypeOfArrangementAxis__custom--UnderwritingAgreementMember_zrTSWA9rj9xh" title="Number of share options exercised">1,500,000</span> Units at an offering price of $<span id="xdx_908_eus-gaap--SaleOfStockPricePerShare_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__srt--TitleOfIndividualAxis__custom--UnderwritersMember_zH1uE43XRUP6" title="Sale of stock price per share">10.00</span> per Unit for an aggregate purchase price of $<span id="xdx_907_eus-gaap--StockIssuedDuringPeriodValueNewIssues_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__srt--TitleOfIndividualAxis__custom--UnderwritersMember_zHcBK8uXjtKb" title="Number of share options exercised value">15,000,000</span>.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The underwriters were paid a cash underwriting discount of $<span id="xdx_907_eus-gaap--SharePrice_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__srt--TitleOfIndividualAxis__custom--UnderwritersMember_zck0CSGQtjP6" title="Share price">0.11</span> per Unit, or $<span id="xdx_908_eus-gaap--ProceedsFromIssuanceInitialPublicOffering_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__srt--TitleOfIndividualAxis__custom--UnderwritersMember_zHWgfJrlqcg" title="Proceeds from initial public offering">1,265,000</span> in the aggregate, upon the closing of the Initial Public Offering. In addition, $<span id="xdx_905_eus-gaap--SharePrice_iI_c20230331__srt--TitleOfIndividualAxis__custom--UnderwritersMember_z20LfQBXCail" title="Share price">0.30</span> per unit, or $<span id="xdx_901_eus-gaap--DeferredOfferingCosts_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__srt--TitleOfIndividualAxis__custom--UnderwritersMember_zzAH6gXb67Nf" title="Deferred underwriting fees">3,450,000</span> in the aggregate will be payable to the underwriters for deferred underwriting commissions. The deferred fee will become payable to the underwriters from the amounts held in the Trust Account solely in the event that the Company completes a Business Combination, subject to the terms of the underwriting agreement.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Representative Shares</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Upon closing of the Initial Public Offering, the Company issued <span id="xdx_90A_eus-gaap--StockIssuedDuringPeriodSharesNewIssues_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zkUDxnRiDpJ4" title="Number of shares of stock issued">103,500</span> Class A ordinary shares to the underwriters. The underwriters have agreed not to transfer, assign or sell the Representative Shares until the completion of the initial Business Combination. In addition, the underwriters have agreed (i) to waive its redemption rights with respect to the Representative Shares in connection with the completion of the initial Business Combination and (ii) to waive its rights to liquidating distributions from the Trust Account with respect to the Representative Shares if the Company fails to complete its initial Business Combination within 12 months (or up to 18 months if the Company extends such period) from the closing of the Initial Public Offering.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Representative Shares are subject to a lock-up for a period of 180 days immediately following the commencement of sales of the registration statement pursuant to Rule 5110(e)(1) of FINRA’s NASD Conduct Rules. Pursuant to FINRA Rule 5110(e)(1), these securities may not be sold, transferred, assigned, pledged or hypothecated or the subject of any hedging, short sale, derivative, put or call transaction that would result in the economic disposition of the securities by any person for a period of 180 days immediately following the effective date of the registration statement, nor may they be sold, transferred, assigned, pledged or hypothecated for a period of 180 days immediately following the commencement of sales of the Initial Public Offering except to any underwriter and selected dealer participating in the Initial Public Offering and their bona fide officers or partners, registered persons or affiliates or as otherwise permitted under Rule 5110(e)(2).</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The initial measurement of the fair value of the Representative Shares was determined using the market approach to value the subject interest. Based on the indication of fair value using the market approach, the Company determined the fair value of the Representative Shares to be $<span id="xdx_908_eus-gaap--SharesIssuedPricePerShare_iI_c20230331_zH9FKl5a5rcc" title="Shares price per share">1.28</span> per share or $<span id="xdx_903_ecustom--StockIssuedDuringPeriodValueRepresentativeShares_c20230101__20230331_zGDCFnwSZTF5" title="Representative shares value">132,480</span> (for the <span id="xdx_906_ecustom--StockIssuedDuringPeriodSharesRepresentativeShares_c20230101__20230331_zA7fuuPOVE9k" title="Representative shares issued">103,500</span> Representative Shares issued) as of the date of the Initial Public Offering (which is also the grant date). As a result, $<span id="xdx_90C_eus-gaap--ReclassificationsOfTemporaryToPermanentEquity_c20230101__20230331_z4axtTGi33Zj" title="Permanent shareholders equity">132,480</span> was recorded as an offering cost with a corresponding entry to permanent shareholders’ equity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>Right of First Refusal</b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">For a period beginning on the closing of the Initial Public Offering and ending 12 months from the closing of a Business Combination, the Company has granted EF Hutton a right of first refusal to act as lead-left book running manager and lead left manager for any and all future private or public equity, convertible and debt offerings during such period. In accordance with FINRA Rule 5110(g)(3)(A)(i), such right of first refusal shall not have a duration of more than three years from the effective date of the registration statement of which this prospectus forms a part.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 1500000 10.00 15000000 0.11 1265000 0.30 3450000 103500 1.28 132480 103500 132480 <p id="xdx_803_eus-gaap--StockholdersEquityNoteDisclosureTextBlock_zLY34jiFlXYi" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 7. <span id="xdx_826_zsjJGbMeWNci">SHAREHOLDERS’ EQUITY (DEFICIT)</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Preference shares</i></b> — The Company is authorized to issue <span id="xdx_90D_eus-gaap--PreferredStockSharesAuthorized_iI_c20230331_zRyrWifyla5a" title="Preferred stock, shares authorized">1,000,000</span> preference shares with a par value of $<span id="xdx_908_eus-gaap--PreferredStockParOrStatedValuePerShare_iI_c20230331_zXPyBgeYwsMf" title="Preferred stock, par value">0.0001</span> per share, with such designations, voting and other rights and preferences as may be determined from time to time by the Company’s board of directors. As of March 31, 2023 and December 31, 2022, there were <span id="xdx_906_eus-gaap--PreferredStockSharesOutstanding_iI_do_c20230331_zLdTix3eGT4c" title="Preference stock, shares outstanding"><span id="xdx_901_eus-gaap--PreferredStockSharesOutstanding_iI_do_c20221231_zJw8KfvWdYzl" title="Preference stock, shares outstanding">no</span></span> preference shares issued or outstanding.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"/></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>PONO CAPITAL THREE, INC.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>(UNAUDITED)</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Class A ordinary shares — </i></b>The Company is authorized to issue <span id="xdx_902_eus-gaap--CommonStockSharesAuthorized_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zxBJ7hxBVQU1" title="Commo stock, shares authorized">100,000,000</span> Class A ordinary shares with a par value of $<span id="xdx_900_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_ztjRrND7GPB3" title="Common stock, par value">0.0001</span> per share. <span id="xdx_900_eus-gaap--CommonStockVotingRights_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z8ma12LNutmc" title="Common stock voting rights">Holders of the Company’s Class A ordinary shares are entitled to one vote for each share.</span> As of March 31, 2023 there were <span id="xdx_900_ecustom--CommonStockSharesIssuedIncludingRedumptionShares_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zW5s0KRu8t3a" title="Common stock, redumption shares"><span id="xdx_90A_ecustom--CommonStockSharesIssuedIncludingRedumptionShares_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zgKuLIZpZ47b" title="Common stock, redumption shares">12,168,875</span></span> Class A ordinary shares issued and outstanding, including <span id="xdx_901_ecustom--TemporaryEquityRedemptionOfShares_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z8jWf03hbM1e" title="Redemption of shares">11,500,000</span> Class A ordinary shares subject to possible redemption and classified as temporary equity. The remaining <span id="xdx_905_ecustom--ReclassificationsOfTemporaryToPermanentEquityShares_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_z3l30gKNZvL2" title="Temporary to permanent equity shares">565,375</span> shares are classified as permanent equity and are comprised of <span id="xdx_907_eus-gaap--StockIssuedDuringPeriodSharesOther_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CommonClassAMember_zg73WXOtkAMk" title="Issuance of placement units, shares">565,375</span> shares included in the Placement Units and <span id="xdx_904_ecustom--StockIssuedDuringPeriodSharesRepresentativeShares_c20230101__20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--CommonClassAMember_ziQHiy076mUj" title="Issuance of representative shares, shares">103,500</span> Representative Shares. As of December 31, 2022, there were <span id="xdx_900_eus-gaap--CommonStockSharesIssued_iI_do_c20221231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zLV3LoCK9XNb" title="Common stock, shares issued"><span id="xdx_900_eus-gaap--CommonStockSharesOutstanding_iI_do_c20221231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zZiroZRw4pi6" title="Common stock, share outstanding">no</span></span> Class A ordinary shares issued or outstanding.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Class B ordinary shares — </i></b>The Company is authorized to issue <span id="xdx_90B_eus-gaap--CommonStockSharesAuthorized_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zAn7zYKvRq5e" title="Commo stock, shares authorized">10,000,000</span> Class B ordinary shares with a par value of $<span id="xdx_90A_eus-gaap--CommonStockParOrStatedValuePerShare_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zBOXWchU55g" title="Common stock, par value">0.0001</span> per share. Holders of the Company’s Class B ordinary shares are entitled to one vote for each share. As of March 31, 2023 and December 31, 2022, there were <span id="xdx_904_eus-gaap--CommonStockSharesIssued_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_z5bJ63EJxmT3" title="Common stock, share issued"><span id="xdx_901_eus-gaap--CommonStockSharesOutstanding_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zKCARry9fJRk" title="Common stock, share outstanding"><span id="xdx_909_eus-gaap--CommonStockSharesIssued_iI_c20221231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zstziPrbOTI5" title="Common stock, shares issued"><span id="xdx_905_eus-gaap--CommonStockSharesOutstanding_iI_c20221231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zWfUglEYKrPc" title="Common stock, share outstanding">4,935,622</span></span></span></span> Class B Ordinary Shares issued and outstanding. Of the <span id="xdx_90D_eus-gaap--CommonStockSharesOutstanding_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zDvQZkR0OOgg" title="Common stock, share outstanding">4,935,622</span> Class B ordinary shares outstanding, up to <span id="xdx_903_eus-gaap--StockIssuedDuringPeriodSharesShareBasedCompensationForfeited_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--OverAllotmentOptionMember_zuXZGkrZzE2a" title="Share based payment award options forfeitures">643,777</span> shares were subject to forfeiture to the extent that the underwriters’ over-allotment option was not exercised in full or in part, so that the initial shareholders will collectively own <span id="xdx_90A_ecustom--PercentageOfIssuedAndOutstandingSharesAfterInitialPublicOfferingCollectivelyHeldByInitialStockholders_pid_dp_uPure_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassBMember_zRnq7MZAjSd2" title="Percentage of issued and outstanding shares">30</span>% of the Company’s issued and outstanding ordinary shares after the Initial Public Offering. On February 14, 2023, the underwriters exercised the over-allotment option in full, so those shares are no longer subject to forfeiture.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b><i>Warrants — </i></b>As of March 31, 2023, there were <span id="xdx_900_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__us-gaap--StatementEquityComponentsAxis__custom--PublicWarrantMember_zxEI6P90k0F5" title="Public warrants">11,500,000</span> Public Warrants and <span id="xdx_909_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__us-gaap--StatementEquityComponentsAxis__custom--PlacementWarrantsMember_zSicQxdhwEm4" title="Placement Warrants">565,375</span> Placement Warrants outstanding. As of December 31, 2022, there were <span id="xdx_907_eus-gaap--WarrantsAndRightsOutstanding_iI_do_c20221231__us-gaap--StatementEquityComponentsAxis__custom--PublicWarrantMember_zpzpDwpGiDOe" title="Public warrants">no</span> warrants outstanding. Each whole Public Warrant entitles the registered holder to purchase one Class A ordinary shares at a price of $<span id="xdx_909_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_c20221231__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember__us-gaap--StatementEquityComponentsAxis__custom--PublicWarrantMember_z27rvfwz4kte" title="Exercise price per share">11.50</span> per share, subject to adjustment as discussed below, at any time commencing 30 days after the completion of the initial Business Combination. Pursuant to the warrant agreement, a warrant holder may exercise its Public Warrants only for a whole number of Class A ordinary shares. No fractional Public Warrants will be issued upon separation of the units and only whole Public Warrants will trade. The Public Warrants will expire five years after the completion of the initial Business Combination, at 5:00 p.m., New York City time, or earlier upon redemption or liquidation.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b> </b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company has agreed that as soon as practicable, but in no event later than 20 business days after the closing of the initial Business Combination, the Company will use its best efforts to file with the SEC a registration statement covering the Class A ordinary shares issuable upon exercise of the Public Warrants, to cause such registration statement to become effective and to maintain a current prospectus relating to those Class A ordinary shares until the Public Warrants expire or are redeemed, as specified in the warrant agreement. If a registration statement covering the Class A ordinary shares issuable upon exercise of the Public Warrants is not effective by the 60th business day after the closing of the initial Business Combination, Public Warrant holders may, until such time as there is an effective registration statement and during any period when the Company will have failed to maintain an effective registration statement, exercise Public Warrants on a “cashless basis” in accordance with Section 3(a)(9) of the Securities Act; provided that such exemption is available. If that exemption, or another exemption, is not available, holders will not be able to exercise their Public Warrants on a cashless basis.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">Once the Public Warrants become exercisable, the Company may call the Public Warrants for redemption:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"/><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">in whole and not in part;</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"/><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">at a price of $<span id="xdx_904_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_c20230331__us-gaap--StatementEquityComponentsAxis__custom--PublicWarrantMember_zDhUyl1G3AP" title="Exercise price per share">0.01</span> per Public Warrant,</span></td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif"> </td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"> </td></tr> <tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"/><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">upon not less than 30 days’ prior written notice of redemption given after the Public Warrants become exercisable (the “30-day redemption period”) to each Public Warrant holder; and</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify; text-indent: -0.25in"/> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>PONO CAPITAL THREE, INC.</b></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>NOTES TO CONDENSED FINANCIAL STATEMENTS</b></p> <p style="font: 10pt Times New Roman, Times, Serif; text-align: center; margin-top: 0; margin-bottom: 0"><b>(UNAUDITED)</b></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; width: 100%; margin-top: 0; margin-bottom: 0"><tr style="font: 10pt Times New Roman, Times, Serif; vertical-align: top"> <td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"/><td style="font: 10pt Times New Roman, Times, Serif; width: 0.25in"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">●</span></td><td style="font: 10pt Times New Roman, Times, Serif; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">if, and only if, the reported last sale price of the Class A ordinary shares equals or exceeds $<span id="xdx_909_eus-gaap--ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zI0rJY3B2Rba" title="Exercise price per share">18.00</span> per share (as adjusted for share sub-divisions, share capitalizations, reorganizations, recapitalizations and the like) for any 20 trading days within a 30-trading day period commencing once the Public Warrants become exercisable and ending three business days before the Company sends the notice of redemption to the Public Warrant holders.</span></td></tr></table> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">If and when the Public Warrants become redeemable by the Company, the Company may not exercise the redemption right if the issuance of Class A ordinary shares upon exercise of the Public Warrants is not exempt from registration or qualification under applicable state blue sky laws or the Company is unable to effect such registration or qualification.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><span id="xdx_901_ecustom--BusinessCombinationInitialPublicOfferingDescription_c20230101__20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zegvYuvMTeu2" title="Business combination description">In addition, if (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination at a Newly Issued Price of less than $<span id="xdx_90B_eus-gaap--SharesIssuedPricePerShare_iI_c20230331__us-gaap--StatementClassOfStockAxis__us-gaap--CommonClassAMember_zWbk6re0a9Ri" title="Newly issued price per shares">9.20</span> per Class A ordinary shares (with such issue price or effective issue price to be determined in good faith by the board of directors and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of the initial Business Combination (net of redemptions), and (z) the market value is below $9.20 per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the greater of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price described above will be adjusted (to the nearest cent) to be equal to 180% of the greater of the Market Value and the Newly Issued Price.</span></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Placement Warrants are identical to the Public Warrants except that, so long as they are held by the Sponsor or its permitted transferees, (i) they will not be redeemable by the Company, (ii) they (including the Class A ordinary shares issuable upon exercise of these Placement Warrants) may not, subject to certain limited exceptions, be transferred, assigned or sold by the Sponsor until 30 days after the completion of the initial Business Combination, (iii) they may be exercised by the holders on a cashless basis and (iv) the holders thereof (including with respect to Class A ordinary shares issuable upon exercise of such Placement Warrants) are entitled to registration rights.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company accounts for the <span id="xdx_908_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember_zJOmKQV04Scb" title="Warrants issued">12,065,375</span> warrants issued in connection with the Initial Public Offering (including <span id="xdx_904_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__us-gaap--StatementEquityComponentsAxis__custom--PublicWarrantsMember_zNJyTFiilk87" title="Warrants issued">11,500,000</span> Public Warrants and <span id="xdx_90D_eus-gaap--ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights_iI_c20230331__us-gaap--SubsidiarySaleOfStockAxis__us-gaap--IPOMember__us-gaap--StatementEquityComponentsAxis__custom--PlacementWarrantsMember_zu65aTBLBFtd" title="Warrants issued">565,375</span> Placement Warrants) in accordance with the guidance contained in ASC 815-40. Such guidance provides that the warrants described above are not precluded from equity classification. Equity-classified contracts are initially measured at fair value (or allocated value). Subsequent changes in fair value are not recognized as long as the contracts continue to be classified in equity.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> 1000000 0.0001 0 0 100000000 0.0001 Holders of the Company’s Class A ordinary shares are entitled to one vote for each share. 12168875 12168875 11500000 565375 565375 103500 0 0 10000000 0.0001 4935622 4935622 4935622 4935622 4935622 643777 0.30 11500000 565375 0 11.50 0.01 18.00 In addition, if (x) the Company issues additional Class A ordinary shares or equity-linked securities for capital raising purposes in connection with the closing of the initial Business Combination at a Newly Issued Price of less than $9.20 per Class A ordinary shares (with such issue price or effective issue price to be determined in good faith by the board of directors and, in the case of any such issuance to the Sponsor or its affiliates, without taking into account any Founder Shares held by the Sponsor or such affiliates, as applicable, prior to such issuance), (y) the aggregate gross proceeds from such issuances represent more than 60% of the total equity proceeds, and interest thereon, available for the funding of the initial Business Combination on the date of the consummation of the initial Business Combination (net of redemptions), and (z) the market value is below $9.20 per share, then the exercise price of the warrants will be adjusted (to the nearest cent) to be equal to 115% of the greater of the Market Value and the Newly Issued Price, and the $18.00 per share redemption trigger price described above will be adjusted (to the nearest cent) to be equal to 180% of the greater of the Market Value and the Newly Issued Price. 9.20 12065375 11500000 565375 <p id="xdx_805_eus-gaap--FairValueMeasurementInputsDisclosureTextBlock_z2ebUGSH635a" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 8. <span id="xdx_826_zWfpr0eI8mk1">FAIR VALUE MEASUREMENTS</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_890_eus-gaap--FairValueAssetsMeasuredOnRecurringBasisTextBlock_zQfUQezDptOf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents information about the Company’s financial assets that are measured at fair value on a recurring basis as of March 31, 2023, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"> <span id="xdx_8B9_znc4Cy9m1fZ2" style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE OF FINANCIAL ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS</span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Description</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount at Fair Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left">Investments held in Trust Account:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 30pt; width: 36%; text-align: left">U.S. Treasury Securities</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zIGlqUXtjxdh" style="width: 12%; text-align: right" title="Investments held in Trust Account">118,491,047</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zN6jtrvFf8g6" style="width: 12%; text-align: right" title="Investments held in Trust Account">118,491,047</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zdJCDXpGj9Ml" style="width: 12%; text-align: right" title="Investments held in Trust Account">      <span style="-sec-ix-hidden: xdx2ixbrl0759">—</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z4Lib9U08Cza" style="width: 12%; text-align: right" title="Investments held in Trust Account">      <span style="-sec-ix-hidden: xdx2ixbrl0761">—</span></td><td style="width: 1%; text-align: left"> </td></tr> </table> <p id="xdx_8AE_z36x8r7synig" style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"> </p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">As of December 31, 2022, the Company had <span id="xdx_90B_eus-gaap--AssetsFairValueDisclosure_iI_do_c20221231_zMPepWqyQOcf" title="Financial assets">no</span> financial assets recorded at fair value.</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p id="xdx_890_eus-gaap--FairValueAssetsMeasuredOnRecurringBasisTextBlock_zQfUQezDptOf" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The following table presents information about the Company’s financial assets that are measured at fair value on a recurring basis as of March 31, 2023, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:</span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"> <span id="xdx_8B9_znc4Cy9m1fZ2" style="display: none; font-family: Times New Roman, Times, Serif; font-size: 10pt">SCHEDULE OF FINANCIAL ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS</span></p> <table cellpadding="0" cellspacing="0" style="font: 10pt Times New Roman, Times, Serif; border-collapse: collapse; width: 100%"> <tr style="vertical-align: bottom"> <td style="border-bottom: Black 1pt solid; font-weight: bold">Description</td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Amount at Fair Value</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 1</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 2</td><td style="padding-bottom: 1pt; font-weight: bold"> </td><td style="font-weight: bold; padding-bottom: 1pt"> </td> <td colspan="2" style="border-bottom: Black 1pt solid; font-weight: bold; text-align: center">Level 3</td><td style="padding-bottom: 1pt; font-weight: bold"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="font-weight: bold">March 31, 2023</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 10pt">Assets</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: rgb(204,238,255)"> <td style="padding-left: 20pt; text-align: left">Investments held in Trust Account:</td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td><td> </td> <td style="text-align: left"> </td><td style="text-align: right"> </td><td style="text-align: left"> </td></tr> <tr style="vertical-align: bottom; background-color: White"> <td style="padding-left: 30pt; width: 36%; text-align: left">U.S. Treasury Securities</td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98C_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember_zIGlqUXtjxdh" style="width: 12%; text-align: right" title="Investments held in Trust Account">118,491,047</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel1Member_zN6jtrvFf8g6" style="width: 12%; text-align: right" title="Investments held in Trust Account">118,491,047</td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_98B_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel2Member_zdJCDXpGj9Ml" style="width: 12%; text-align: right" title="Investments held in Trust Account">      <span style="-sec-ix-hidden: xdx2ixbrl0759">—</span></td><td style="width: 1%; text-align: left"> </td><td style="width: 2%"> </td> <td style="width: 1%; text-align: left">$</td><td id="xdx_987_eus-gaap--AssetsHeldInTrustNoncurrent_iI_c20230331__us-gaap--FinancialInstrumentAxis__us-gaap--USTreasurySecuritiesMember__us-gaap--FairValueByFairValueHierarchyLevelAxis__us-gaap--FairValueInputsLevel3Member_z4Lib9U08Cza" style="width: 12%; text-align: right" title="Investments held in Trust Account">      <span style="-sec-ix-hidden: xdx2ixbrl0761">—</span></td><td style="width: 1%; text-align: left"> </td></tr> </table> 118491047 118491047 0 <p id="xdx_803_eus-gaap--SubsequentEventsTextBlock_ze1HiIXAbIuj" style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"><b>NOTE 9. <span id="xdx_827_zgsjFglPiUaj">SUBSEQUENT EVENTS</span></b></span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin-top: 0pt; margin-bottom: 0pt; text-align: center"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt"> </span></p> <p style="font: 10pt Times New Roman, Times, Serif; margin: 0pt; text-align: justify"><span style="font-family: Times New Roman, Times, Serif; font-size: 10pt">The Company evaluated subsequent events and transactions that occurred after the unaudited condensed balance sheet date up to the date that the unaudited condensed financial statements was issued. Based upon this review, the Company did not identify any subsequent events that would have required adjustment or disclosure in the condensed unaudited financial statements.</span></p> EXCEL 41 Financial_Report.xlsx IDEA: XBRL DOCUMENT begin 644 Financial_Report.xlsx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how.js IDEA: XBRL DOCUMENT // Edgar(tm) Renderer was created by staff of the U.S. Securities and Exchange Commission. Data and content created by government employees within the scope of their employment are not subject to domestic copyright protection. 17 U.S.C. 105. var Show={};Show.LastAR=null,Show.showAR=function(a,r,w){if(Show.LastAR)Show.hideAR();var e=a;while(e&&e.nodeName!='TABLE')e=e.nextSibling;if(!e||e.nodeName!='TABLE'){var ref=((window)?w.document:document).getElementById(r);if(ref){e=ref.cloneNode(!0); e.removeAttribute('id');a.parentNode.appendChild(e)}} if(e)e.style.display='block';Show.LastAR=e};Show.hideAR=function(){Show.LastAR.style.display='none'};Show.toggleNext=function(a){var e=a;while(e.nodeName!='DIV')e=e.nextSibling;if(!e.style){}else if(!e.style.display){}else{var d,p_;if(e.style.display=='none'){d='block';p='-'}else{d='none';p='+'} e.style.display=d;if(a.textContent){a.textContent=p+a.textContent.substring(1)}else{a.innerText=p+a.innerText.substring(1)}}} XML 43 report.css IDEA: XBRL DOCUMENT /* Updated 2009-11-04 */ /* v2.2.0.24 */ /* DefRef Styles */ ..report table.authRefData{ background-color: #def; border: 2px solid #2F4497; font-size: 1em; position: absolute; } ..report table.authRefData a { display: block; font-weight: bold; } ..report table.authRefData p { margin-top: 0px; } ..report table.authRefData .hide { background-color: #2F4497; padding: 1px 3px 0px 0px; text-align: right; } ..report table.authRefData .hide a:hover { background-color: #2F4497; } ..report table.authRefData .body { height: 150px; overflow: auto; width: 400px; } ..report table.authRefData table{ font-size: 1em; } /* Report Styles */ ..pl a, .pl a:visited { color: black; text-decoration: none; } /* table */ ..report { background-color: white; border: 2px solid #acf; clear: both; color: black; font: normal 8pt Helvetica, Arial, san-serif; margin-bottom: 2em; } ..report hr { border: 1px solid #acf; } /* Top labels */ ..report th { background-color: #acf; color: black; font-weight: bold; text-align: center; } ..report th.void { background-color: transparent; color: #000000; font: bold 10pt Helvetica, Arial, san-serif; text-align: left; } ..report .pl { text-align: left; vertical-align: top; white-space: normal; width: 200px; white-space: normal; /* word-wrap: break-word; */ } ..report td.pl a.a { cursor: pointer; display: block; width: 200px; overflow: hidden; } ..report td.pl div.a { width: 200px; } ..report td.pl a:hover { background-color: #ffc; } /* Header rows... */ ..report tr.rh { background-color: #acf; color: black; font-weight: bold; } /* Calendars... */ ..report .rc { background-color: #f0f0f0; } /* Even rows... */ ..report .re, .report .reu { background-color: #def; } ..report .reu td { border-bottom: 1px solid black; } /* Odd rows... */ ..report .ro, .report .rou { background-color: white; } ..report .rou td { border-bottom: 1px solid black; } ..report .rou table td, .report .reu table td { border-bottom: 0px solid black; } /* styles for footnote marker */ ..report .fn { white-space: nowrap; } /* styles for numeric types */ ..report .num, .report .nump { text-align: right; white-space: nowrap; } ..report .nump { padding-left: 2em; } ..report .nump { padding: 0px 0.4em 0px 2em; } /* styles for text types */ ..report .text { text-align: left; white-space: normal; } ..report .text .big { margin-bottom: 1em; width: 17em; } ..report .text .more { display: none; } ..report .text .note { font-style: italic; font-weight: bold; } ..report .text .small { width: 10em; } ..report sup { font-style: italic; } ..report .outerFootnotes { font-size: 1em; } XML 44 FilingSummary.xml IDEA: XBRL DOCUMENT 3.23.1 html 102 172 1 false 33 0 false 4 false false R1.htm 00000001 - Document - Cover Sheet http://ponocapthree.com/role/Cover Cover Cover 1 false false R2.htm 00000002 - Statement - Condensed Balance Sheets Sheet http://ponocapthree.com/role/BalanceSheets Condensed Balance Sheets Statements 2 false false R3.htm 00000003 - Statement - Condensed Balance Sheets (Parenthetical) Sheet http://ponocapthree.com/role/BalanceSheetsParenthetical Condensed Balance Sheets (Parenthetical) Statements 3 false false R4.htm 00000004 - Statement - Condensed Statements of Operations (Unaudited) Sheet http://ponocapthree.com/role/StatementsOfOperations Condensed Statements of Operations (Unaudited) Statements 4 false false R5.htm 00000005 - Statement - Condensed Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) Sheet http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit Condensed Statements of Changes in Stockholders' Equity (Deficit) (Unaudited) Statements 5 false false R6.htm 00000006 - Statement - Condensed Statements of Cash Flows (Unaudited) Sheet http://ponocapthree.com/role/StatementsOfCashFlows Condensed Statements of Cash Flows (Unaudited) Statements 6 false false R7.htm 00000007 - Disclosure - DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN Sheet http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcern DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN Notes 7 false false R8.htm 00000008 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Sheet http://ponocapthree.com/role/SummaryOfSignificantAccountingPolicies SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES Notes 8 false false R9.htm 00000009 - Disclosure - INITIAL PUBLIC OFFERING Sheet http://ponocapthree.com/role/InitialPublicOffering INITIAL PUBLIC OFFERING Notes 9 false false R10.htm 00000010 - Disclosure - PRIVATE PLACEMENT Sheet http://ponocapthree.com/role/PrivatePlacement PRIVATE PLACEMENT Notes 10 false false R11.htm 00000011 - Disclosure - RELATED PARTY TRANSACTIONS Sheet http://ponocapthree.com/role/RelatedPartyTransactions RELATED PARTY TRANSACTIONS Notes 11 false false R12.htm 00000012 - Disclosure - COMMITMENTS AND CONTINGENCIES Sheet http://ponocapthree.com/role/CommitmentsAndContingencies COMMITMENTS AND CONTINGENCIES Notes 12 false false R13.htm 00000013 - Disclosure - SHAREHOLDERS??? EQUITY (DEFICIT) Sheet http://ponocapthree.com/role/ShareholdersEquityDeficit SHAREHOLDERS??? EQUITY (DEFICIT) Notes 13 false false R14.htm 00000014 - Disclosure - FAIR VALUE MEASUREMENTS Sheet http://ponocapthree.com/role/FairValueMeasurements FAIR VALUE MEASUREMENTS Notes 14 false false R15.htm 00000015 - Disclosure - SUBSEQUENT EVENTS Sheet http://ponocapthree.com/role/SubsequentEvents SUBSEQUENT EVENTS Notes 15 false false R16.htm 00000016 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) Sheet http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies) Policies 16 false false R17.htm 00000017 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) Sheet http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesTables SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables) Tables http://ponocapthree.com/role/SummaryOfSignificantAccountingPolicies 17 false false R18.htm 00000018 - Disclosure - FAIR VALUE MEASUREMENTS (Tables) Sheet http://ponocapthree.com/role/FairValueMeasurementsTables FAIR VALUE MEASUREMENTS (Tables) Tables http://ponocapthree.com/role/FairValueMeasurements 18 false false R19.htm 00000019 - Disclosure - DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN (Details Narrative) Sheet http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN (Details Narrative) Details http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcern 19 false false R20.htm 00000020 - Disclosure - SCHEDULE OF REDEEMABLE CLASS A COMMON STOCK (Details) Sheet http://ponocapthree.com/role/ScheduleOfRedeemableClassCommonStockDetails SCHEDULE OF REDEEMABLE CLASS A COMMON STOCK (Details) Details 20 false false R21.htm 00000021 - Disclosure - SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE (Details) Sheet http://ponocapthree.com/role/ScheduleOfOfBasicAndDilutedNetIncomePerShareDetails SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE (Details) Details 21 false false R22.htm 00000022 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) Sheet http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative) Details http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesTables 22 false false R23.htm 00000023 - Disclosure - INITIAL PUBLIC OFFERING (Details Narrative) Sheet http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative INITIAL PUBLIC OFFERING (Details Narrative) Details http://ponocapthree.com/role/InitialPublicOffering 23 false false R24.htm 00000024 - Disclosure - PRIVATE PLACEMENT (Details Narrative) Sheet http://ponocapthree.com/role/PrivatePlacementDetailsNarrative PRIVATE PLACEMENT (Details Narrative) Details http://ponocapthree.com/role/PrivatePlacement 24 false false R25.htm 00000025 - Disclosure - RELATED PARTY TRANSACTIONS (Details Narrative) Sheet http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative RELATED PARTY TRANSACTIONS (Details Narrative) Details http://ponocapthree.com/role/RelatedPartyTransactions 25 false false R26.htm 00000026 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details Narrative) Sheet http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative COMMITMENTS AND CONTINGENCIES (Details Narrative) Details http://ponocapthree.com/role/CommitmentsAndContingencies 26 false false R27.htm 00000027 - Disclosure - SHAREHOLDERS??? EQUITY (DEFICIT) (Details Narrative) Sheet http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative SHAREHOLDERS??? EQUITY (DEFICIT) (Details Narrative) Details http://ponocapthree.com/role/ShareholdersEquityDeficit 27 false false R28.htm 00000028 - Disclosure - SCHEDULE OF FINANCIAL ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS (Details) Sheet http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails SCHEDULE OF FINANCIAL ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS (Details) Details 28 false false R29.htm 00000029 - Disclosure - FAIR VALUE MEASUREMENTS (Details Narrative) Sheet http://ponocapthree.com/role/FairValueMeasurementsDetailsNarrative FAIR VALUE MEASUREMENTS (Details Narrative) Details http://ponocapthree.com/role/FairValueMeasurementsTables 29 false false All Reports Book All Reports [dq-0547-EntityTaxIdentificationNumber-Missing] Submission type 10-Q should have a non-empty value for EntityTaxIdentificationNumber in the Required Context. form10-q.htm form10-q.htm ex31-1.htm ex31-2.htm ex32-1.htm ex32-2.htm pthr-20230331.xsd pthr-20230331_cal.xml pthr-20230331_def.xml pthr-20230331_lab.xml pthr-20230331_pre.xml http://fasb.org/us-gaap/2023 http://xbrl.sec.gov/dei/2023 true true JSON 47 MetaLinks.json IDEA: XBRL DOCUMENT { "instance": { "form10-q.htm": { "axisCustom": 0, "axisStandard": 12, "baseTaxonomies": { "http://fasb.org/us-gaap/2023": 340, "http://xbrl.sec.gov/dei/2023": 37 }, "contextCount": 102, "dts": { "calculationLink": { "local": [ "pthr-20230331_cal.xml" ] }, "definitionLink": { "local": [ "pthr-20230331_def.xml" ] }, "inline": { "local": [ "form10-q.htm" ] }, "labelLink": { "local": [ "pthr-20230331_lab.xml" ] }, "presentationLink": { "local": [ "pthr-20230331_pre.xml" ] }, "schema": { "local": [ "pthr-20230331.xsd" ], "remote": [ "http://www.xbrl.org/2003/xbrl-instance-2003-12-31.xsd", "http://www.xbrl.org/2003/xbrl-linkbase-2003-12-31.xsd", "http://www.xbrl.org/2003/xl-2003-12-31.xsd", "http://www.xbrl.org/2003/xlink-2003-12-31.xsd", "http://www.xbrl.org/2005/xbrldt-2005.xsd", "http://www.xbrl.org/2006/ref-2006-02-27.xsd", "http://www.xbrl.org/lrr/role/negated-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/net-2009-12-16.xsd", "http://www.xbrl.org/lrr/role/reference-2009-12-16.xsd", "https://www.xbrl.org/2020/extensible-enumerations-2.0.xsd", "https://www.xbrl.org/dtr/type/2020-01-21/types.xsd", "https://www.xbrl.org/dtr/type/2022-03-31/types.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-2023.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-roles-2023.xsd", "https://xbrl.fasb.org/srt/2023/elts/srt-types-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-gaap-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-roles-2023.xsd", "https://xbrl.fasb.org/us-gaap/2023/elts/us-types-2023.xsd", "https://xbrl.sec.gov/country/2023/country-2023.xsd", "https://xbrl.sec.gov/dei/2023/dei-2023.xsd" ] } }, "elementCount": 296, "entityCount": 1, "hidden": { "http://fasb.org/us-gaap/2023": 94, "http://ponocapthree.com/20230331": 17, "http://xbrl.sec.gov/dei/2023": 4, "total": 115 }, "keyCustom": 31, "keyStandard": 141, "memberCustom": 16, "memberStandard": 16, "nsprefix": "PTHR", "nsuri": "http://ponocapthree.com/20230331", "report": { "R1": { "firstAnchor": { "ancestors": [ "span", "b", "span", "p", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "document", "isDefault": "true", "longName": "00000001 - Document - Cover", "menuCat": "Cover", "order": "1", "role": "http://ponocapthree.com/role/Cover", "shortName": "Cover", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "b", "span", "p", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "dei:DocumentType", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R10": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "PTHR:PrivatePlacementDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000010 - Disclosure - PRIVATE PLACEMENT", "menuCat": "Notes", "order": "10", "role": "http://ponocapthree.com/role/PrivatePlacement", "shortName": "PRIVATE PLACEMENT", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "PTHR:PrivatePlacementDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R11": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RelatedPartyTransactionsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000011 - Disclosure - RELATED PARTY TRANSACTIONS", "menuCat": "Notes", "order": "11", "role": "http://ponocapthree.com/role/RelatedPartyTransactions", "shortName": "RELATED PARTY TRANSACTIONS", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:RelatedPartyTransactionsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R12": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000012 - Disclosure - COMMITMENTS AND CONTINGENCIES", "menuCat": "Notes", "order": "12", "role": "http://ponocapthree.com/role/CommitmentsAndContingencies", "shortName": "COMMITMENTS AND CONTINGENCIES", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R13": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:StockholdersEquityNoteDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000013 - Disclosure - SHAREHOLDERS\u2019 EQUITY (DEFICIT)", "menuCat": "Notes", "order": "13", "role": "http://ponocapthree.com/role/ShareholdersEquityDeficit", "shortName": "SHAREHOLDERS\u2019 EQUITY (DEFICIT)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:StockholdersEquityNoteDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R14": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueMeasurementInputsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000014 - Disclosure - FAIR VALUE MEASUREMENTS", "menuCat": "Notes", "order": "14", "role": "http://ponocapthree.com/role/FairValueMeasurements", "shortName": "FAIR VALUE MEASUREMENTS", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueMeasurementInputsDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R15": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SubsequentEventsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000015 - Disclosure - SUBSEQUENT EVENTS", "menuCat": "Notes", "order": "15", "role": "http://ponocapthree.com/role/SubsequentEvents", "shortName": "SUBSEQUENT EVENTS", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SubsequentEventsTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R16": { "firstAnchor": { "ancestors": [ "us-gaap:SignificantAccountingPoliciesTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BasisOfAccountingPolicyPolicyTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000016 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)", "menuCat": "Policies", "order": "16", "role": "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies", "shortName": "SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Policies)", "subGroupType": "policies", "uniqueAnchor": { "ancestors": [ "us-gaap:SignificantAccountingPoliciesTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BasisOfAccountingPolicyPolicyTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R17": { "firstAnchor": { "ancestors": [ "us-gaap:SharesSubjectToMandatoryRedemptionChangesInRedemptionValuePolicyTextBlock", "us-gaap:SignificantAccountingPoliciesTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "PTHR:OrdinarySharesSubjectToPossibleRedemptiontTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000017 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)", "menuCat": "Tables", "order": "17", "role": "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesTables", "shortName": "SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "us-gaap:SharesSubjectToMandatoryRedemptionChangesInRedemptionValuePolicyTextBlock", "us-gaap:SignificantAccountingPoliciesTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "PTHR:OrdinarySharesSubjectToPossibleRedemptiontTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R18": { "firstAnchor": { "ancestors": [ "us-gaap:FairValueMeasurementInputsDisclosureTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueAssetsMeasuredOnRecurringBasisTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000018 - Disclosure - FAIR VALUE MEASUREMENTS (Tables)", "menuCat": "Tables", "order": "18", "role": "http://ponocapthree.com/role/FairValueMeasurementsTables", "shortName": "FAIR VALUE MEASUREMENTS (Tables)", "subGroupType": "tables", "uniqueAnchor": { "ancestors": [ "us-gaap:FairValueMeasurementInputsDisclosureTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:FairValueAssetsMeasuredOnRecurringBasisTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R19": { "firstAnchor": { "ancestors": [ "span", "span", "p", "us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "dei:EntityIncorporationDateOfIncorporation", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000019 - Disclosure - DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN (Details Narrative)", "menuCat": "Details", "order": "19", "role": "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "shortName": "DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN (Details Narrative)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "p", "us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "dei:EntityIncorporationDateOfIncorporation", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R2": { "firstAnchor": { "ancestors": [ "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:Cash", "reportCount": 1, "unitRef": "USD", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "00000002 - Statement - Condensed Balance Sheets", "menuCat": "Statements", "order": "2", "role": "http://ponocapthree.com/role/BalanceSheets", "shortName": "Condensed Balance Sheets", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31", "decimals": "0", "lang": null, "name": "us-gaap:PrepaidExpenseCurrent", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" } }, "R20": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:TemporaryEquityCarryingAmountAttributableToParent", "reportCount": 1, "unitRef": "USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000020 - Disclosure - SCHEDULE OF REDEEMABLE CLASS A COMMON STOCK (Details)", "menuCat": "Details", "order": "20", "role": "http://ponocapthree.com/role/ScheduleOfRedeemableClassCommonStockDetails", "shortName": "SCHEDULE OF REDEEMABLE CLASS A COMMON STOCK (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "PTHR:OrdinarySharesSubjectToPossibleRedemptiontTextBlock", "us-gaap:SharesSubjectToMandatoryRedemptionChangesInRedemptionValuePolicyTextBlock", "us-gaap:SignificantAccountingPoliciesTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-012023-03-31_us-gaap_CommonClassAMember", "decimals": "0", "lang": null, "name": "us-gaap:ProceedsFromIssuanceOfWarrants", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" } }, "R21": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2022-03-112022-03-31", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000021 - Disclosure - SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE (Details)", "menuCat": "Details", "order": "21", "role": "http://ponocapthree.com/role/ScheduleOfOfBasicAndDilutedNetIncomePerShareDetails", "shortName": "SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "us-gaap:ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "us-gaap:EarningsPerSharePolicyTextBlock", "us-gaap:SignificantAccountingPoliciesTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-012023-03-31_us-gaap_CommonClassAMember", "decimals": "INF", "lang": null, "name": "us-gaap:WeightedAverageNumberOfSharesOutstandingBasic", "reportCount": 1, "unique": true, "unitRef": "Shares", "xsiNil": "false" } }, "R22": { "firstAnchor": { "ancestors": [ "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:AssetsHeldInTrustNoncurrent", "reportCount": 1, "unitRef": "USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000022 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)", "menuCat": "Details", "order": "22", "role": "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative", "shortName": "SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES (Details Narrative)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "p", "us-gaap:IncomeTaxPolicyTextBlock", "us-gaap:SignificantAccountingPoliciesTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31", "decimals": "0", "lang": null, "name": "us-gaap:UnrecognizedTaxBenefits", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" } }, "R23": { "firstAnchor": { "ancestors": [ "span", "span", "td", "tr", "table", "us-gaap:StockholdersEquityNoteDisclosureTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31_custom_PublicWarrantMember", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1", "reportCount": 1, "unitRef": "USDPShares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000023 - Disclosure - INITIAL PUBLIC OFFERING (Details Narrative)", "menuCat": "Details", "order": "23", "role": "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "shortName": "INITIAL PUBLIC OFFERING (Details Narrative)", "subGroupType": "details", "uniqueAnchor": null }, "R24": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:ProceedsFromIssuanceOfPrivatePlacement", "reportCount": 1, "unitRef": "USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000024 - Disclosure - PRIVATE PLACEMENT (Details Narrative)", "menuCat": "Details", "order": "24", "role": "http://ponocapthree.com/role/PrivatePlacementDetailsNarrative", "shortName": "PRIVATE PLACEMENT (Details Narrative)", "subGroupType": "details", "uniqueAnchor": null }, "R25": { "firstAnchor": { "ancestors": [ "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:Cash", "reportCount": 1, "unitRef": "USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000025 - Disclosure - RELATED PARTY TRANSACTIONS (Details Narrative)", "menuCat": "Details", "order": "25", "role": "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "shortName": "RELATED PARTY TRANSACTIONS (Details Narrative)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "p", "us-gaap:RelatedPartyTransactionsDisclosureTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31_custom_AffiliateSponsorMember", "decimals": "INF", "lang": null, "name": "us-gaap:BusinessAcquisitionSharePrice", "reportCount": 1, "unique": true, "unitRef": "USDPShares", "xsiNil": "false" } }, "R26": { "firstAnchor": { "ancestors": [ "span", "span", "p", "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:SharesIssuedPricePerShare", "reportCount": 1, "unitRef": "USDPShares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000026 - Disclosure - COMMITMENTS AND CONTINGENCIES (Details Narrative)", "menuCat": "Details", "order": "26", "role": "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "shortName": "COMMITMENTS AND CONTINGENCIES (Details Narrative)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "p", "us-gaap:CommitmentsAndContingenciesDisclosureTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": "0", "lang": null, "name": "us-gaap:ReclassificationsOfTemporaryToPermanentEquity", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" } }, "R27": { "firstAnchor": { "ancestors": [ "span", "span", "span", "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:PreferredStockSharesAuthorized", "reportCount": 1, "unitRef": "Shares", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000027 - Disclosure - SHAREHOLDERS\u2019 EQUITY (DEFICIT) (Details Narrative)", "menuCat": "Details", "order": "27", "role": "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "shortName": "SHAREHOLDERS\u2019 EQUITY (DEFICIT) (Details Narrative)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "p", "us-gaap:StockholdersEquityNoteDisclosureTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2022-12-31_custom_PublicWarrantMember", "decimals": "0", "lang": null, "name": "us-gaap:WarrantsAndRightsOutstanding", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" } }, "R28": { "firstAnchor": { "ancestors": [ "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:AssetsHeldInTrustNoncurrent", "reportCount": 1, "unitRef": "USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000028 - Disclosure - SCHEDULE OF FINANCIAL ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS (Details)", "menuCat": "Details", "order": "28", "role": "http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails", "shortName": "SCHEDULE OF FINANCIAL ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS (Details)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "td", "tr", "table", "us-gaap:FairValueAssetsMeasuredOnRecurringBasisTextBlock", "us-gaap:FairValueMeasurementInputsDisclosureTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31_us-gaap_USTreasurySecuritiesMember", "decimals": "0", "lang": null, "name": "us-gaap:AssetsHeldInTrustNoncurrent", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" } }, "R29": { "firstAnchor": { "ancestors": [ "span", "span", "p", "us-gaap:FairValueMeasurementInputsDisclosureTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2022-12-31", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:AssetsFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000029 - Disclosure - FAIR VALUE MEASUREMENTS (Details Narrative)", "menuCat": "Details", "order": "29", "role": "http://ponocapthree.com/role/FairValueMeasurementsDetailsNarrative", "shortName": "FAIR VALUE MEASUREMENTS (Details Narrative)", "subGroupType": "details", "uniqueAnchor": { "ancestors": [ "span", "span", "p", "us-gaap:FairValueMeasurementInputsDisclosureTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2022-12-31", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:AssetsFairValueDisclosure", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" } }, "R3": { "firstAnchor": { "ancestors": [ "span", "span", "p", "us-gaap:SharesSubjectToMandatoryRedemptionChangesInRedemptionValuePolicyTextBlock", "us-gaap:SignificantAccountingPoliciesTextBlock", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31", "decimals": "INF", "first": true, "lang": null, "name": "us-gaap:TemporaryEquityRedemptionPricePerShare", "reportCount": 1, "unitRef": "USDPShares", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "00000003 - Statement - Condensed Balance Sheets (Parenthetical)", "menuCat": "Statements", "order": "3", "role": "http://ponocapthree.com/role/BalanceSheetsParenthetical", "shortName": "Condensed Balance Sheets (Parenthetical)", "subGroupType": "parenthetical", "uniqueAnchor": { "ancestors": [ "span", "span", "span", "span", "span", "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "AsOf2023-03-31", "decimals": "INF", "lang": null, "name": "us-gaap:PreferredStockSharesIssued", "reportCount": 1, "unique": true, "unitRef": "Shares", "xsiNil": "false" } }, "R4": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2022-03-112022-03-31", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:OperatingExpenses", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "00000004 - Statement - Condensed Statements of Operations (Unaudited)", "menuCat": "Statements", "order": "4", "role": "http://ponocapthree.com/role/StatementsOfOperations", "shortName": "Condensed Statements of Operations (Unaudited)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2022-03-112022-03-31", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:OperatingExpenses", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" } }, "R5": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2022-03-112022-03-31_us-gaap_RetainedEarningsMember", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "00000005 - Statement - Condensed Statements of Changes in Stockholders' Equity (Deficit) (Unaudited)", "menuCat": "Statements", "order": "5", "role": "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit", "shortName": "Condensed Statements of Changes in Stockholders' Equity (Deficit) (Unaudited)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2022-03-112022-03-31_us-gaap_RetainedEarningsMember", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" } }, "R6": { "firstAnchor": { "ancestors": [ "span", "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2022-03-112022-03-31", "decimals": "0", "first": true, "lang": null, "name": "us-gaap:NetIncomeLoss", "reportCount": 1, "unitRef": "USD", "xsiNil": "false" }, "groupType": "statement", "isDefault": "false", "longName": "00000006 - Statement - Condensed Statements of Cash Flows (Unaudited)", "menuCat": "Statements", "order": "6", "role": "http://ponocapthree.com/role/StatementsOfCashFlows", "shortName": "Condensed Statements of Cash Flows (Unaudited)", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "span", "td", "tr", "table", "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": "0", "lang": null, "name": "us-gaap:IncreaseDecreaseInPrepaidExpense", "reportCount": 1, "unique": true, "unitRef": "USD", "xsiNil": "false" } }, "R7": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000007 - Disclosure - DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN", "menuCat": "Notes", "order": "7", "role": "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcern", "shortName": "DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:BusinessDescriptionAndBasisOfPresentationTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R8": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SignificantAccountingPoliciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000008 - Disclosure - SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES", "menuCat": "Notes", "order": "8", "role": "http://ponocapthree.com/role/SummaryOfSignificantAccountingPolicies", "shortName": "SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "us-gaap:SignificantAccountingPoliciesTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } }, "R9": { "firstAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "PTHR:InitialPublicOfferingDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" }, "groupType": "disclosure", "isDefault": "false", "longName": "00000009 - Disclosure - INITIAL PUBLIC OFFERING", "menuCat": "Notes", "order": "9", "role": "http://ponocapthree.com/role/InitialPublicOffering", "shortName": "INITIAL PUBLIC OFFERING", "subGroupType": "", "uniqueAnchor": { "ancestors": [ "body", "html" ], "baseRef": "form10-q.htm", "contextRef": "From2023-01-01to2023-03-31", "decimals": null, "first": true, "lang": "en-US", "name": "PTHR:InitialPublicOfferingDisclosureTextBlock", "reportCount": 1, "unique": true, "unitRef": null, "xsiNil": "false" } } }, "segmentCount": 33, "tag": { "PTHR_AccretionOfClassOrdinarySharesSubjectToRedemptionValue": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Accretion of class ordinary shares subject to redemption value.", "label": "Accretion of Class A ordinary shares subject to redemption value" } } }, "localname": "AccretionOfClassOrdinarySharesSubjectToRedemptionValue", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "PTHR_AccruedOfferingCosts": { "auth_ref": [], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 3.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Accrued offering costs", "label": "Accrued offering costs" } } }, "localname": "AccruedOfferingCosts", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "PTHR_AdjustmentsToAdditionalPaidInCapitalAccretionOfCommonStockSubjectToRedemptionToRedemptionAmount": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Adjustments to additional paid in capital accretion of common stock subject to redemption to redemption amount.", "label": "AdjustmentsToAdditionalPaidInCapitalAccretionOfCommonStockSubjectToRedemptionToRedemptionAmount", "negatedLabel": "Accretion redemption value of Class A ordinary shares" } } }, "localname": "AdjustmentsToAdditionalPaidInCapitalAccretionOfCommonStockSubjectToRedemptionToRedemptionAmount", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "monetaryItemType" }, "PTHR_AdjustmentsToAdditionalPaidInCapitalPublicWarrantIssued": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Adjustments to additional paid in capital public warrant issued.", "label": "Proceeds allocated to Public Warrants" } } }, "localname": "AdjustmentsToAdditionalPaidInCapitalPublicWarrantIssued", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "monetaryItemType" }, "PTHR_AdministrativeSupportAgreementMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Administrative Support Agreement [Member]", "label": "Administrative Support Agreement [Member]" } } }, "localname": "AdministrativeSupportAgreementMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "domainItemType" }, "PTHR_AffiliateSponsorMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Affiliate Sponsor [Member]", "label": "Affiliate Sponsor [Member]" } } }, "localname": "AffiliateSponsorMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "domainItemType" }, "PTHR_BusinessCombinationInitialPublicOfferingDescription": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Business combination initial public offering description.", "label": "Business combination description" } } }, "localname": "BusinessCombinationInitialPublicOfferingDescription", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "stringItemType" }, "PTHR_ClassAMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Class A [Member]", "label": "Class A [Member]" } } }, "localname": "ClassAMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/StatementsOfOperations" ], "xbrltype": "domainItemType" }, "PTHR_ClassBMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Class B [Member]", "label": "Class B [Member]" } } }, "localname": "ClassBMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/StatementsOfOperations" ], "xbrltype": "domainItemType" }, "PTHR_ClassOrdinaryShare0.0001ParValuePerShareMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Class A Ordinary Share, $0.0001 par value per share", "label": "Class Ordinary Share 0. 0001 Par Value Per Share [Member]" } } }, "localname": "ClassOrdinaryShare0.0001ParValuePerShareMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "domainItemType" }, "PTHR_CommonStockSharesIssuedIncludingRedumptionShares": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Common stock shares issued including redumption shares.", "label": "Common stock, redumption shares" } } }, "localname": "CommonStockSharesIssuedIncludingRedumptionShares", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "sharesItemType" }, "PTHR_DeferredOfferingCostsIncludedInAccruedOfferingCosts": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Deferred offering costs included in accrued offering costs.", "label": "Offering costs included in Accrued offering costs" } } }, "localname": "DeferredOfferingCostsIncludedInAccruedOfferingCosts", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "PTHR_DeferredUnderwritingFeePayable": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Deferred underwriting fee payable.", "label": "DeferredUnderwritingFeePayable", "verboseLabel": "Deferred underwriting fee payable" } } }, "localname": "DeferredUnderwritingFeePayable", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "PTHR_DisclosureInitialPublicOfferingAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Initial Public Offering" } } }, "localname": "DisclosureInitialPublicOfferingAbstract", "nsuri": "http://ponocapthree.com/20230331", "xbrltype": "stringItemType" }, "PTHR_DisclosurePrivatePlacementAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Private Placement" } } }, "localname": "DisclosurePrivatePlacementAbstract", "nsuri": "http://ponocapthree.com/20230331", "xbrltype": "stringItemType" }, "PTHR_DueFromSponsor": { "auth_ref": [], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 4.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Due from sponsor.", "label": "Due from sponsor" } } }, "localname": "DueFromSponsor", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "PTHR_EmergingGrowthCompanyPolicyTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Emerging Growth Company [Policy Text Block]", "label": "Emerging Growth Company" } } }, "localname": "EmergingGrowthCompanyPolicyTextBlock", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "PTHR_IncreaseDecreaseInAccruedLiabilitiesRelatedParty": { "auth_ref": [], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 6.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Increase decrease in accrued liabilities related party.", "label": "IncreaseDecreaseInAccruedLiabilitiesRelatedParty", "verboseLabel": "Accrued expenses - related party" } } }, "localname": "IncreaseDecreaseInAccruedLiabilitiesRelatedParty", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "PTHR_IncreaseDecreaseInDueFromSponsor": { "auth_ref": [], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 7.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Increase decrease in due from sponsor.", "label": "IncreaseDecreaseInDueFromSponsor", "negatedLabel": "Due from sponsor" } } }, "localname": "IncreaseDecreaseInDueFromSponsor", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "PTHR_InitialPublicOfferingDisclosureTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Initial Public Offering [Disclosure Text Block]", "label": "INITIAL PUBLIC OFFERING" } } }, "localname": "InitialPublicOfferingDisclosureTextBlock", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/InitialPublicOffering" ], "xbrltype": "textBlockItemType" }, "PTHR_IssuanceOfClassBOrdinarySharesToSponsorForSubscriptionRemainsOutstanding": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Issuance of class B ordinary shares to sponsor for subscription remains outstanding.", "label": "Sponsor for subscription remains outstanding" } } }, "localname": "IssuanceOfClassBOrdinarySharesToSponsorForSubscriptionRemainsOutstanding", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "PTHR_MehanaCapitalLLCMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Mehana Capital LLC [Member]", "label": "Mehana Capital L L C [Member]" } } }, "localname": "MehanaCapitalLLCMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "domainItemType" }, "PTHR_OfferingCostsAssociatedInitialPublicOfferingPolicyTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Offering Costs Associated Initial Public Offering [Policy Text Block]", "label": "Offering Costs associated with the Initial Public Offering" } } }, "localname": "OfferingCostsAssociatedInitialPublicOfferingPolicyTextBlock", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "PTHR_OrdinarySharesSubjectToPossibleRedemptiontTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Ordinary Shares Subject To Possible Redemptiont [Text Block]", "label": "SCHEDULE OF REDEEMABLE CLASS A COMMON STOCK" } } }, "localname": "OrdinarySharesSubjectToPossibleRedemptiontTextBlock", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesTables" ], "xbrltype": "textBlockItemType" }, "PTHR_PercentageOfFairMarketValueOfBusinessAcquisitionToTrustAccountBalance": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Percentage of fair market value of business acquisition to trust account balance.", "label": "Percentage of fair market value of business acquisition" } } }, "localname": "PercentageOfFairMarketValueOfBusinessAcquisitionToTrustAccountBalance", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative" ], "xbrltype": "percentItemType" }, "PTHR_PercentageOfIssuedAndOutstandingSharesAfterInitialPublicOfferingCollectivelyHeldByInitialStockholders": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Percentage of issued and outstanding shares after initial public offering collectively held by initial stockholders.", "label": "Percentage of issued and outstanding shares" } } }, "localname": "PercentageOfIssuedAndOutstandingSharesAfterInitialPublicOfferingCollectivelyHeldByInitialStockholders", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "percentItemType" }, "PTHR_PlacementWarrantsMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Placement Warrants [Member]", "label": "Placement Warrants [Member]" } } }, "localname": "PlacementWarrantsMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "domainItemType" }, "PTHR_PostBusinessCombinationMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Post Business Combination [Member]", "label": "Post-combination Business [Member]" } } }, "localname": "PostBusinessCombinationMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative" ], "xbrltype": "domainItemType" }, "PTHR_PrivatePlacementDisclosureTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Private Placement [Disclosure Text Block]", "label": "PRIVATE PLACEMENT" } } }, "localname": "PrivatePlacementDisclosureTextBlock", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/PrivatePlacement" ], "xbrltype": "textBlockItemType" }, "PTHR_PromissoryNoteMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Promissory Note [Member]", "label": "Promissory Note [Member]" } } }, "localname": "PromissoryNoteMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "domainItemType" }, "PTHR_PublicWarrantMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Public Warrant [Member]", "label": "Public Warrant [Member]" } } }, "localname": "PublicWarrantMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "domainItemType" }, "PTHR_PublicWarrantsMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Public Warrants [Member]", "label": "Public Warrants [Member]" } } }, "localname": "PublicWarrantsMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "domainItemType" }, "PTHR_ReclassificationsOfTemporaryToPermanentEquityShares": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Reclassifications of temporary to permanent equity shares.", "label": "Temporary to permanent equity shares" } } }, "localname": "ReclassificationsOfTemporaryToPermanentEquityShares", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "sharesItemType" }, "PTHR_RedeemableWarrantsEachWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Redeemable Warrants, each warrant exercisable for one Class A Ordinary Share at an exercise price of $11.50 per share", "label": "Redeemable Warrants Each Warrant Exercisable For One Class Ordinary Share At Exercise Price Of 11. 50 Per Share [Member]" } } }, "localname": "RedeemableWarrantsEachWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "domainItemType" }, "PTHR_StockIssuedDuringPeriodSharesRepresentativeShares": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Stock issued during priod share of representative shares.", "label": "Issuance of Representative shares, shares", "terseLabel": "Issuance of representative shares, shares", "verboseLabel": "Representative shares issued" } } }, "localname": "StockIssuedDuringPeriodSharesRepresentativeShares", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "sharesItemType" }, "PTHR_StockIssuedDuringPeriodValueRepresentativeShares": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Stock issued during priod value of representative shares.", "label": "Issuance of Representative shares", "verboseLabel": "Representative shares value" } } }, "localname": "StockIssuedDuringPeriodValueRepresentativeShares", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "monetaryItemType" }, "PTHR_SubscriptionReceivable": { "auth_ref": [], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 4.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Subscription receivable", "label": "Subscription receivable" } } }, "localname": "SubscriptionReceivable", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "PTHR_SubscriptionReceivableMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Subscription Receivable [Member]", "label": "Subscription Receivable [Member]" } } }, "localname": "SubscriptionReceivableMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "domainItemType" }, "PTHR_TemporaryEquityAccretionOfCarryingValueToRedemptionAmount": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Temporary equity accretion of carrying value to redemption amount.", "label": "Accretion of Class A ordinary shares subject to redemption to redemption amount" } } }, "localname": "TemporaryEquityAccretionOfCarryingValueToRedemptionAmount", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/ScheduleOfRedeemableClassCommonStockDetails" ], "xbrltype": "monetaryItemType" }, "PTHR_TemporaryEquityIssuanceCostsAllocatedToCommonStock": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Temporary equity issuance costs allocated to common stock.", "label": "Issuance costs allocated to Class A ordinary shares" } } }, "localname": "TemporaryEquityIssuanceCostsAllocatedToCommonStock", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/ScheduleOfRedeemableClassCommonStockDetails" ], "xbrltype": "monetaryItemType" }, "PTHR_TemporaryEquityRedemptionOfShares": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Temporary equity redemption of shares.", "label": "Redemption of shares" } } }, "localname": "TemporaryEquityRedemptionOfShares", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "sharesItemType" }, "PTHR_UnderwritersMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Underwriters [Member]", "label": "Underwriters [Member]" } } }, "localname": "UnderwritersMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative" ], "xbrltype": "domainItemType" }, "PTHR_UnderwritingAgreementMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Underwriting Agreement [Member]", "label": "Underwriting Agreement [Member]" } } }, "localname": "UnderwritingAgreementMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative" ], "xbrltype": "domainItemType" }, "PTHR_UnitsEachConsistingOfOneClassOrdinaryShareAndOneRedeemableWarrantMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Units, each consisting of one Class A Ordinary Share and one Redeemable Warrant", "label": "Units Each Consisting Of One Class Ordinary Share And One Redeemable Warrant [Member]" } } }, "localname": "UnitsEachConsistingOfOneClassOrdinaryShareAndOneRedeemableWarrantMember", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "domainItemType" }, "PTHR_ValuationOfRepresentativeShares": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Valuation of representative shares.", "label": "Valuation of Representative Shares" } } }, "localname": "ValuationOfRepresentativeShares", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "PTHR_WarrantsPolicyTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Warrants [Policy Text Block]", "label": "Warrants" } } }, "localname": "WarrantsPolicyTextBlock", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "PTHR_WorkingCapitalDeficit": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Working capital deficit.", "label": "Working capital deficit" } } }, "localname": "WorkingCapitalDeficit", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "PTHR_WorkingCapitalLoans": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Working capital loans.", "label": "Working capital loans" } } }, "localname": "WorkingCapitalLoans", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "PTHR_WorkingCapitalSurplus": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Working capital surplus.", "label": "working capital surplus" } } }, "localname": "WorkingCapitalSurplus", "nsuri": "http://ponocapthree.com/20230331", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "dei_AmendmentDescription": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Description of changes contained within amended document.", "label": "Amendment Description" } } }, "localname": "AmendmentDescription", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "stringItemType" }, "dei_AmendmentFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.", "label": "Amendment Flag" } } }, "localname": "AmendmentFlag", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AnnualInformationForm": { "auth_ref": [ "r511" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing an annual information form.", "label": "Annual Information Form" } } }, "localname": "AnnualInformationForm", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_AuditedAnnualFinancialStatements": { "auth_ref": [ "r511" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag with value true on a form if it is an annual report containing audited financial statements.", "label": "Audited Annual Financial Statements" } } }, "localname": "AuditedAnnualFinancialStatements", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_CityAreaCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Area code of city", "label": "City Area Code" } } }, "localname": "CityAreaCode", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CountryRegion": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Region code of country", "label": "Country Region" } } }, "localname": "CountryRegion", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_CoverAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Cover page." } } }, "localname": "CoverAbstract", "nsuri": "http://xbrl.sec.gov/dei/2023", "xbrltype": "stringItemType" }, "dei_CurrentFiscalYearEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "End date of current fiscal year in the format --MM-DD.", "label": "Current Fiscal Year End Date" } } }, "localname": "CurrentFiscalYearEndDate", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "gMonthDayItemType" }, "dei_DocumentAccountingStandard": { "auth_ref": [ "r510" ], "lang": { "en-us": { "role": { "documentation": "The basis of accounting the registrant has used to prepare the financial statements included in this filing This can either be 'U.S. GAAP', 'International Financial Reporting Standards', or 'Other'.", "label": "Document Accounting Standard" } } }, "localname": "DocumentAccountingStandard", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "accountingStandardItemType" }, "dei_DocumentAnnualReport": { "auth_ref": [ "r508", "r510", "r511" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an annual report.", "label": "Document Annual Report" } } }, "localname": "DocumentAnnualReport", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentFiscalPeriodFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Fiscal period values are FY, Q1, Q2, and Q3. 1st, 2nd and 3rd quarter 10-Q or 10-QT statements have value Q1, Q2, and Q3 respectively, with 10-K, 10-KT or other fiscal year statements having FY.", "label": "Document Fiscal Period Focus" } } }, "localname": "DocumentFiscalPeriodFocus", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "fiscalPeriodItemType" }, "dei_DocumentFiscalYearFocus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "This is focus fiscal year of the document report in YYYY format. For a 2006 annual report, which may also provide financial information from prior periods, fiscal 2006 should be given as the fiscal year focus. Example: 2006.", "label": "Document Fiscal Year Focus" } } }, "localname": "DocumentFiscalYearFocus", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "gYearItemType" }, "dei_DocumentPeriodEndDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.", "label": "Document Period End Date" } } }, "localname": "DocumentPeriodEndDate", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentPeriodStartDate": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The start date of the period covered in the document, in YYYY-MM-DD format.", "label": "Document Period Start Date" } } }, "localname": "DocumentPeriodStartDate", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentQuarterlyReport": { "auth_ref": [ "r509" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as an quarterly report.", "label": "Document Quarterly Report" } } }, "localname": "DocumentQuarterlyReport", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentRegistrationStatement": { "auth_ref": [ "r497" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a registration statement.", "label": "Document Registration Statement" } } }, "localname": "DocumentRegistrationStatement", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentShellCompanyEventDate": { "auth_ref": [ "r510" ], "lang": { "en-us": { "role": { "documentation": "Date of event requiring a shell company report.", "label": "Document Shell Company Event Date" } } }, "localname": "DocumentShellCompanyEventDate", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "dateItemType" }, "dei_DocumentShellCompanyReport": { "auth_ref": [ "r510" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true for a Shell Company Report pursuant to section 13 or 15(d) of the Exchange Act.", "label": "Document Shell Company Report" } } }, "localname": "DocumentShellCompanyReport", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentTransitionReport": { "auth_ref": [ "r512" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a form used as a transition report.", "label": "Document Transition Report" } } }, "localname": "DocumentTransitionReport", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_DocumentType": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.", "label": "Document Type" } } }, "localname": "DocumentType", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "submissionTypeItemType" }, "dei_DocumentsIncorporatedByReferenceTextBlock": { "auth_ref": [ "r500" ], "lang": { "en-us": { "role": { "documentation": "Documents incorporated by reference.", "label": "Documents Incorporated by Reference [Text Block]" } } }, "localname": "DocumentsIncorporatedByReferenceTextBlock", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "textBlockItemType" }, "dei_EntityAddressAddressLine1": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 1 such as Attn, Building Name, Street Name", "label": "Entity Address, Address Line One" } } }, "localname": "EntityAddressAddressLine1", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine2": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 2 such as Street or Suite number", "label": "Entity Address, Address Line Two" } } }, "localname": "EntityAddressAddressLine2", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressAddressLine3": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Address Line 3 such as an Office Park", "label": "Entity Address, Address Line Three" } } }, "localname": "EntityAddressAddressLine3", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCityOrTown": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the City or Town", "label": "Entity Address, City or Town" } } }, "localname": "EntityAddressCityOrTown", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressCountry": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "ISO 3166-1 alpha-2 country code.", "label": "Entity Address, Country" } } }, "localname": "EntityAddressCountry", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "countryCodeItemType" }, "dei_EntityAddressPostalZipCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Code for the postal or zip code", "label": "Entity Address, Postal Zip Code" } } }, "localname": "EntityAddressPostalZipCode", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityAddressStateOrProvince": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Name of the state or province.", "label": "Entity Address, State or Province" } } }, "localname": "EntityAddressStateOrProvince", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "stateOrProvinceItemType" }, "dei_EntityBankruptcyProceedingsReportingCurrent": { "auth_ref": [ "r503" ], "lang": { "en-us": { "role": { "documentation": "For registrants involved in bankruptcy proceedings during the preceding five years, the value Yes indicates that the registrant has filed all documents and reports required to be filed by Section 12, 13 or 15(d) of the Securities Exchange Act of 1934 subsequent to the distribution of securities under a plan confirmed by a court; the value No indicates the registrant has not. Registrants not involved in bankruptcy proceedings during the preceding five years should not report this element.", "label": "Entity Bankruptcy Proceedings, Reporting Current" } } }, "localname": "EntityBankruptcyProceedingsReportingCurrent", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityCentralIndexKey": { "auth_ref": [ "r499" ], "lang": { "en-us": { "role": { "documentation": "A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.", "label": "Entity Central Index Key" } } }, "localname": "EntityCentralIndexKey", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "centralIndexKeyItemType" }, "dei_EntityCommonStockSharesOutstanding": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate number of shares or other units outstanding of each of registrant's classes of capital or common stock or other ownership interests, if and as stated on cover of related periodic report. Where multiple classes or units exist define each class/interest by adding class of stock items such as Common Class A [Member], Common Class B [Member] or Partnership Interest [Member] onto the Instrument [Domain] of the Entity Listings, Instrument.", "label": "Entity Common Stock, Shares Outstanding" } } }, "localname": "EntityCommonStockSharesOutstanding", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "sharesItemType" }, "dei_EntityCurrentReportingStatus": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' whether registrants (1) have filed all reports required to be filed by Section 13 or 15(d) of the Securities Exchange Act of 1934 during the preceding 12 months (or for such shorter period that registrants were required to file such reports), and (2) have been subject to such filing requirements for the past 90 days. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Current Reporting Status" } } }, "localname": "EntityCurrentReportingStatus", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "All the names of the entities being reported upon in a document. Any legal structure used to conduct activities or to hold assets. Some examples of such structures are corporations, partnerships, limited liability companies, grantor trusts, and other trusts. This item does not include business and geographical segments which are included in the geographical or business segments domains." } } }, "localname": "EntityDomain", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "domainItemType" }, "dei_EntityEmergingGrowthCompany": { "auth_ref": [ "r499" ], "lang": { "en-us": { "role": { "documentation": "Indicate if registrant meets the emerging growth company criteria.", "label": "Entity Emerging Growth Company" } } }, "localname": "EntityEmergingGrowthCompany", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityExTransitionPeriod": { "auth_ref": [ "r516" ], "lang": { "en-us": { "role": { "documentation": "Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.", "label": "Elected Not To Use the Extended Transition Period" } } }, "localname": "EntityExTransitionPeriod", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityFileNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.", "label": "Entity File Number" } } }, "localname": "EntityFileNumber", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "fileNumberItemType" }, "dei_EntityFilerCategory": { "auth_ref": [ "r499" ], "lang": { "en-us": { "role": { "documentation": "Indicate whether the registrant is one of the following: Large Accelerated Filer, Accelerated Filer, Non-accelerated Filer. Definitions of these categories are stated in Rule 12b-2 of the Exchange Act. This information should be based on the registrant's current or most recent filing containing the related disclosure.", "label": "Entity Filer Category" } } }, "localname": "EntityFilerCategory", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "filerCategoryItemType" }, "dei_EntityIncorporationDateOfIncorporation": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Date when an entity was incorporated", "label": "Date of incorporation" } } }, "localname": "EntityIncorporationDateOfIncorporation", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative" ], "xbrltype": "dateItemType" }, "dei_EntityIncorporationStateCountryCode": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Two-character EDGAR code representing the state or country of incorporation.", "label": "Entity Incorporation, State or Country Code" } } }, "localname": "EntityIncorporationStateCountryCode", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "edgarStateCountryItemType" }, "dei_EntityInteractiveDataCurrent": { "auth_ref": [ "r513" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant has submitted electronically every Interactive Data File required to be submitted pursuant to Rule 405 of Regulation S-T during the preceding 12 months (or for such shorter period that the registrant was required to submit such files).", "label": "Entity Interactive Data Current" } } }, "localname": "EntityInteractiveDataCurrent", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityPrimarySicNumber": { "auth_ref": [ "r511" ], "lang": { "en-us": { "role": { "documentation": "Primary Standard Industrial Classification (SIC) Number for the Entity.", "label": "Entity Primary SIC Number" } } }, "localname": "EntityPrimarySicNumber", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "sicNumberItemType" }, "dei_EntityPublicFloat": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The aggregate market value of the voting and non-voting common equity held by non-affiliates computed by reference to the price at which the common equity was last sold, or the average bid and asked price of such common equity, as of the last business day of the registrant's most recently completed second fiscal quarter.", "label": "Entity Public Float" } } }, "localname": "EntityPublicFloat", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "monetaryItemType" }, "dei_EntityRegistrantName": { "auth_ref": [ "r499" ], "lang": { "en-us": { "role": { "documentation": "The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.", "label": "Entity Registrant Name" } } }, "localname": "EntityRegistrantName", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_EntityShellCompany": { "auth_ref": [ "r499" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the registrant is a shell company as defined in Rule 12b-2 of the Exchange Act.", "label": "Entity Shell Company" } } }, "localname": "EntityShellCompany", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntitySmallBusiness": { "auth_ref": [ "r499" ], "lang": { "en-us": { "role": { "documentation": "Indicates that the company is a Smaller Reporting Company (SRC).", "label": "Entity Small Business" } } }, "localname": "EntitySmallBusiness", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_EntityTaxIdentificationNumber": { "auth_ref": [ "r499" ], "lang": { "en-us": { "role": { "documentation": "The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.", "label": "Entity Tax Identification Number" } } }, "localname": "EntityTaxIdentificationNumber", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "employerIdItemType" }, "dei_EntityVoluntaryFilers": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is not required to file reports pursuant to Section 13 or Section 15(d) of the Act.", "label": "Entity Voluntary Filers" } } }, "localname": "EntityVoluntaryFilers", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_EntityWellKnownSeasonedIssuer": { "auth_ref": [ "r514" ], "lang": { "en-us": { "role": { "documentation": "Indicate 'Yes' or 'No' if the registrant is a well-known seasoned issuer, as defined in Rule 405 of the Securities Act. Is used on Form Type: 10-K, 10-Q, 8-K, 20-F, 6-K, 10-K/A, 10-Q/A, 20-F/A, 6-K/A, N-CSR, N-Q, N-1A.", "label": "Entity Well-known Seasoned Issuer" } } }, "localname": "EntityWellKnownSeasonedIssuer", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "yesNoItemType" }, "dei_Extension": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Extension number for local phone number.", "label": "Extension" } } }, "localname": "Extension", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_LegalEntityAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The set of legal entities associated with a report.", "label": "Legal Entity [Axis]" } } }, "localname": "LegalEntityAxis", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "stringItemType" }, "dei_LocalPhoneNumber": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Local phone number for entity.", "label": "Local Phone Number" } } }, "localname": "LocalPhoneNumber", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "normalizedStringItemType" }, "dei_NoTradingSymbolFlag": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true only for a security having no trading symbol.", "label": "No Trading Symbol Flag" } } }, "localname": "NoTradingSymbolFlag", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "trueItemType" }, "dei_OtherReportingStandardItemNumber": { "auth_ref": [ "r510" ], "lang": { "en-us": { "role": { "documentation": "\"Item 17\" or \"Item 18\" specified when the basis of accounting is neither US GAAP nor IFRS.", "label": "Other Reporting Standard Item Number" } } }, "localname": "OtherReportingStandardItemNumber", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "otherReportingStandardItemNumberItemType" }, "dei_PreCommencementIssuerTenderOffer": { "auth_ref": [ "r504" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.", "label": "Pre-commencement Issuer Tender Offer" } } }, "localname": "PreCommencementIssuerTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_PreCommencementTenderOffer": { "auth_ref": [ "r505" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.", "label": "Pre-commencement Tender Offer" } } }, "localname": "PreCommencementTenderOffer", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_Security12bTitle": { "auth_ref": [ "r498" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(b) registered security.", "label": "Title of 12(b) Security" } } }, "localname": "Security12bTitle", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_Security12gTitle": { "auth_ref": [ "r502" ], "lang": { "en-us": { "role": { "documentation": "Title of a 12(g) registered security.", "label": "Title of 12(g) Security" } } }, "localname": "Security12gTitle", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "securityTitleItemType" }, "dei_SecurityExchangeName": { "auth_ref": [ "r501" ], "lang": { "en-us": { "role": { "documentation": "Name of the Exchange on which a security is registered.", "label": "Security Exchange Name" } } }, "localname": "SecurityExchangeName", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "edgarExchangeCodeItemType" }, "dei_SecurityReportingObligation": { "auth_ref": [ "r506" ], "lang": { "en-us": { "role": { "documentation": "15(d), indicating whether the security has a reporting obligation under that section of the Exchange Act.", "label": "Security Reporting Obligation" } } }, "localname": "SecurityReportingObligation", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "securityReportingObligationItemType" }, "dei_SolicitingMaterial": { "auth_ref": [ "r507" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.", "label": "Soliciting Material" } } }, "localname": "SolicitingMaterial", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "dei_TradingSymbol": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Trading symbol of an instrument as listed on an exchange.", "label": "Trading Symbol" } } }, "localname": "TradingSymbol", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "tradingSymbolItemType" }, "dei_WrittenCommunications": { "auth_ref": [ "r515" ], "lang": { "en-us": { "role": { "documentation": "Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.", "label": "Written Communications" } } }, "localname": "WrittenCommunications", "nsuri": "http://xbrl.sec.gov/dei/2023", "presentation": [ "http://ponocapthree.com/role/Cover" ], "xbrltype": "booleanItemType" }, "srt_MaximumMember": { "auth_ref": [ "r203", "r204", "r205", "r206", "r259", "r346", "r360", "r389", "r390", "r451", "r452", "r453", "r454", "r455", "r463", "r464", "r470", "r477", "r483", "r485", "r550", "r557", "r558", "r559", "r560", "r561", "r562" ], "lang": { "en-us": { "role": { "label": "Maximum [Member]" } } }, "localname": "MaximumMember", "nsuri": "http://fasb.org/srt/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "domainItemType" }, "srt_MinimumMember": { "auth_ref": [ "r203", "r204", "r205", "r206", "r259", "r346", "r360", "r389", "r390", "r451", "r452", "r453", "r454", "r455", "r463", "r464", "r470", "r477", "r483", "r485", "r550", "r557", "r558", "r559", "r560", "r561", "r562" ], "lang": { "en-us": { "role": { "label": "Minimum [Member]" } } }, "localname": "MinimumMember", "nsuri": "http://fasb.org/srt/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "domainItemType" }, "srt_RangeAxis": { "auth_ref": [ "r203", "r204", "r205", "r206", "r252", "r259", "r262", "r263", "r264", "r322", "r346", "r360", "r389", "r390", "r451", "r452", "r453", "r454", "r455", "r463", "r464", "r470", "r477", "r483", "r485", "r488", "r546", "r550", "r558", "r559", "r560", "r561", "r562" ], "lang": { "en-us": { "role": { "label": "Statistical Measurement [Axis]" } } }, "localname": "RangeAxis", "nsuri": "http://fasb.org/srt/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "stringItemType" }, "srt_RangeMember": { "auth_ref": [ "r203", "r204", "r205", "r206", "r252", "r259", "r262", "r263", "r264", "r322", "r346", "r360", "r389", "r390", "r451", "r452", "r453", "r454", "r455", "r463", "r464", "r470", "r477", "r483", "r485", "r488", "r546", "r550", "r558", "r559", "r560", "r561", "r562" ], "localname": "RangeMember", "nsuri": "http://fasb.org/srt/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "domainItemType" }, "srt_TitleOfIndividualAxis": { "auth_ref": [ "r539", "r554" ], "lang": { "en-us": { "role": { "label": "Title of Individual [Axis]" } } }, "localname": "TitleOfIndividualAxis", "nsuri": "http://fasb.org/srt/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative" ], "xbrltype": "stringItemType" }, "srt_TitleOfIndividualWithRelationshipToEntityDomain": { "auth_ref": [], "localname": "TitleOfIndividualWithRelationshipToEntityDomain", "nsuri": "http://fasb.org/srt/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative" ], "xbrltype": "domainItemType" }, "us-gaap_AccountingPoliciesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Accounting Policies [Abstract]" } } }, "localname": "AccountingPoliciesAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "xbrltype": "stringItemType" }, "us-gaap_AccountsPayableCurrent": { "auth_ref": [ "r11", "r484" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 1.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying value as of the balance sheet date of liabilities incurred (and for which invoices have typically been received) and payable to vendors for goods and services received that are used in an entity's business. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).", "label": "Accounts payable" } } }, "localname": "AccountsPayableCurrent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AccruedLiabilitiesCurrent": { "auth_ref": [ "r13" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 2.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying value as of the balance sheet date of obligations incurred and payable, pertaining to costs that are statutory in nature, are incurred on contractual obligations, or accumulate over time and for which invoices have not yet been received or will not be rendered. Examples include taxes, interest, rent and utilities. Used to reflect the current portion of the liabilities (due within one year or within the normal operating cycle if longer).", "label": "Accrued expenses - related party" } } }, "localname": "AccruedLiabilitiesCurrent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdditionalPaidInCapital": { "auth_ref": [ "r61", "r484", "r567" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 3.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of excess of issue price over par or stated value of stock and from other transaction involving stock or stockholder. Includes, but is not limited to, additional paid-in capital (APIC) for common and preferred stock.", "label": "Additional paid-in capital" } } }, "localname": "AdditionalPaidInCapital", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdditionalPaidInCapitalMember": { "auth_ref": [ "r265", "r266", "r267", "r376", "r534", "r535", "r536", "r552", "r568" ], "lang": { "en-us": { "role": { "documentation": "Excess of issue price over par or stated value of the entity's capital stock and amounts received from other transactions involving the entity's stock or stockholders.", "label": "Additional Paid-in Capital [Member]" } } }, "localname": "AdditionalPaidInCapitalMember", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "domainItemType" }, "us-gaap_AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts": { "auth_ref": [ "r6", "r80" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of decrease in additional paid in capital (APIC) resulting from direct costs associated with issuing stock. Includes, but is not limited to, legal and accounting fees and direct costs associated with stock issues under a shelf registration.", "label": "Adjustments to Additional Paid in Capital, Stock Issued, Issuance Costs", "negatedLabel": "Allocation of issuance costs" } } }, "localname": "AdjustmentsToAdditionalPaidInCapitalStockIssuedIssuanceCosts", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "monetaryItemType" }, "us-gaap_AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Adjustments to reconcile net income (loss) to net cash used in operating activities:" } } }, "localname": "AdjustmentsToReconcileNetIncomeLossToCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_ArrangementsAndNonarrangementTransactionsMember": { "auth_ref": [ "r280" ], "lang": { "en-us": { "role": { "documentation": "Collaborative arrangement and arrangement other than collaborative applicable to revenue-generating activity or operations." } } }, "localname": "ArrangementsAndNonarrangementTransactionsMember", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "domainItemType" }, "us-gaap_Assets": { "auth_ref": [ "r87", "r104", "r122", "r151", "r154", "r156", "r188", "r207", "r208", "r209", "r210", "r211", "r212", "r213", "r215", "r216", "r281", "r283", "r297", "r349", "r412", "r484", "r496", "r548", "r549", "r555" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all assets that are recognized. Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets", "totalLabel": "Total Assets" } } }, "localname": "Assets", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Assets:" } } }, "localname": "AssetsAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_AssetsCurrent": { "auth_ref": [ "r102", "r110", "r122", "r188", "r207", "r208", "r209", "r210", "r211", "r212", "r213", "r215", "r216", "r281", "r283", "r297", "r484", "r548", "r549", "r555" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all assets that are expected to be realized in cash, sold, or consumed within one year (or the normal operating cycle, if longer). Assets are probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Assets, Current", "totalLabel": "Total current assets" } } }, "localname": "AssetsCurrent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsCurrentAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Current assets:" } } }, "localname": "AssetsCurrentAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_AssetsFairValueDisclosure": { "auth_ref": [ "r45" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Fair value portion of probable future economic benefits obtained or controlled by an entity as a result of past transactions or events.", "label": "Financial assets" } } }, "localname": "AssetsFairValueDisclosure", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/FairValueMeasurementsDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_AssetsHeldInTrustNoncurrent": { "auth_ref": [ "r528" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 3.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The amount of cash, securities, or other assets held by a third-party trustee pursuant to the terms of an agreement which assets are available to be used by beneficiaries to that agreement only within the specific terms thereof and which agreement is expected to terminate more than one year from the balance sheet date (or operating cycle, if longer) at which time the assets held-in-trust will be released or forfeited.", "label": "Marketable Securities held in Trust Account", "terseLabel": "Investments held in Trust Account", "verboseLabel": "Investments held in trust account" } } }, "localname": "AssetsHeldInTrustNoncurrent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_BasisOfAccountingPolicyPolicyTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for basis of accounting, or basis of presentation, used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).", "label": "Basis of Presentation" } } }, "localname": "BasisOfAccountingPolicyPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_BusinessAcquisitionAcquireeDomain": { "auth_ref": [ "r279", "r481", "r482" ], "lang": { "en-us": { "role": { "documentation": "Identification of the acquiree in a material business combination (or series of individually immaterial business combinations), which may include the name or other type of identification of the acquiree." } } }, "localname": "BusinessAcquisitionAcquireeDomain", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "domainItemType" }, "us-gaap_BusinessAcquisitionAxis": { "auth_ref": [ "r36", "r38", "r279", "r481", "r482" ], "lang": { "en-us": { "role": { "documentation": "Information by business combination or series of individually immaterial business combinations.", "label": "Business Acquisition [Axis]" } } }, "localname": "BusinessAcquisitionAxis", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned": { "auth_ref": [ "r81" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Value of equity interests (such as common shares, preferred shares, or partnership interest) issued or issuable to acquire the entity.", "label": "Issuable, value assigned" } } }, "localname": "BusinessAcquisitionEquityInterestIssuedOrIssuableValueAssigned", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessAcquisitionPercentageOfVotingInterestsAcquired": { "auth_ref": [ "r37" ], "lang": { "en-us": { "role": { "documentation": "Percentage of voting equity interests acquired at the acquisition date in the business combination.", "label": "Percentage of voting interests acquired" } } }, "localname": "BusinessAcquisitionPercentageOfVotingInterestsAcquired", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative" ], "xbrltype": "percentItemType" }, "us-gaap_BusinessAcquisitionSharePrice": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Price of a single share of a number of saleable stocks paid or offered to be paid in a business combination.", "label": "Business acquisition, share price" } } }, "localname": "BusinessAcquisitionSharePrice", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "perShareItemType" }, "us-gaap_BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment": { "auth_ref": [ "r39", "r40" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The amount of property, plant, and equipment recognized as of the acquisition date.", "label": "Business combination, net tangible assets", "verboseLabel": "Business combination tangible assets net" } } }, "localname": "BusinessCombinationRecognizedIdentifiableAssetsAcquiredAndLiabilitiesAssumedPropertyPlantAndEquipment", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_BusinessDescriptionAndBasisOfPresentationTextBlock": { "auth_ref": [ "r55", "r72", "r73" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for the business description and basis of presentation concepts. Business description describes the nature and type of organization including but not limited to organizational structure as may be applicable to holding companies, parent and subsidiary relationships, business divisions, business units, business segments, affiliates and information about significant ownership of the reporting entity. Basis of presentation describes the underlying basis used to prepare the financial statements (for example, US Generally Accepted Accounting Principles, Other Comprehensive Basis of Accounting, IFRS).", "label": "DESCRIPTION OF ORGANIZATION, BUSINESS OPERATIONS AND GOING CONCERN" } } }, "localname": "BusinessDescriptionAndBasisOfPresentationTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcern" ], "xbrltype": "textBlockItemType" }, "us-gaap_Cash": { "auth_ref": [ "r93", "r351", "r387", "r407", "r484", "r496", "r525" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 1.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of currency on hand as well as demand deposits with banks or financial institutions. Includes other kinds of accounts that have the general characteristics of demand deposits. Excludes cash and cash equivalents within disposal group and discontinued operation.", "label": "Cash" } } }, "localname": "Cash", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashAndCashEquivalentsPolicyTextBlock": { "auth_ref": [ "r21" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for cash and cash equivalents, including the policy for determining which items are treated as cash equivalents. Other information that may be disclosed includes (1) the nature of any restrictions on the entity's use of its cash and cash equivalents, (2) whether the entity's cash and cash equivalents are insured or expose the entity to credit risk, (3) the classification of any negative balance accounts (overdrafts), and (4) the carrying basis of cash equivalents (for example, at cost) and whether the carrying amount of cash equivalents approximates fair value.", "label": "Cash and Cash Equivalents, Policy [Policy Text Block]", "verboseLabel": "Cash" } } }, "localname": "CashAndCashEquivalentsPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations": { "auth_ref": [ "r20", "r69", "r119" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash and cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including, but not limited to, disposal group and discontinued operations. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Including Disposal Group and Discontinued Operations", "periodEndLabel": "Cash - End of period", "periodStartLabel": "Cash - Beginning of period" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsIncludingDisposalGroupAndDiscontinuedOperations", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect": { "auth_ref": [ "r0", "r69" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of increase (decrease) in cash, cash equivalents, and cash and cash equivalents restricted to withdrawal or usage; including effect from exchange rate change. Cash includes, but is not limited to, currency on hand, demand deposits with banks or financial institutions, and other accounts with general characteristics of demand deposits. Cash equivalents include, but are not limited to, short-term, highly liquid investments that are both readily convertible to known amounts of cash and so near their maturity that they present insignificant risk of changes in value because of changes in interest rates.", "label": "Cash, Cash Equivalents, Restricted Cash, and Restricted Cash Equivalents, Period Increase (Decrease), Including Exchange Rate Effect", "totalLabel": "Net Change in Cash" } } }, "localname": "CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashFDICInsuredAmount": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The amount of cash deposited in financial institutions as of the balance sheet date that is insured by the Federal Deposit Insurance Corporation.", "label": "Cash, FDIC insured amount" } } }, "localname": "CashFDICInsuredAmount", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Non-cash investing and financing activities:" } } }, "localname": "CashFlowNoncashInvestingAndFinancingActivitiesDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_ClassOfStockDomain": { "auth_ref": [ "r99", "r106", "r107", "r108", "r122", "r141", "r142", "r144", "r146", "r149", "r150", "r188", "r207", "r209", "r210", "r211", "r215", "r216", "r235", "r236", "r239", "r242", "r249", "r297", "r368", "r369", "r370", "r371", "r376", "r377", "r378", "r379", "r380", "r381", "r382", "r383", "r384", "r385", "r386", "r388", "r399", "r421", "r443", "r456", "r457", "r458", "r459", "r460", "r517", "r529", "r537" ], "lang": { "en-us": { "role": { "documentation": "Share of stock differentiated by the voting rights the holder receives. Examples include, but are not limited to, common stock, redeemable preferred stock, nonredeemable preferred stock, and convertible stock." } } }, "localname": "ClassOfStockDomain", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/Cover", "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/ScheduleOfOfBasicAndDilutedNetIncomePerShareDetails", "http://ponocapthree.com/role/ScheduleOfRedeemableClassCommonStockDetails", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit", "http://ponocapthree.com/role/StatementsOfOperations", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "domainItemType" }, "us-gaap_ClassOfStockLineItems": { "auth_ref": [ "r106", "r107", "r108", "r149", "r235", "r236", "r237", "r239", "r242", "r247", "r249", "r368", "r369", "r370", "r371", "r477", "r517", "r529" ], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Class of Stock [Line Items]" } } }, "localname": "ClassOfStockLineItems", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1": { "auth_ref": [ "r250" ], "lang": { "en-us": { "role": { "documentation": "Exercise price per share or per unit of warrants or rights outstanding.", "label": "Exercise price per share" } } }, "localname": "ClassOfWarrantOrRightExercisePriceOfWarrantsOrRights1", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "perShareItemType" }, "us-gaap_ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights": { "auth_ref": [ "r250" ], "lang": { "en-us": { "role": { "documentation": "Number of securities into which the class of warrant or right may be converted. For example, but not limited to, 500,000 warrants may be converted into 1,000,000 shares.", "label": "Warrants issued" } } }, "localname": "ClassOfWarrantOrRightNumberOfSecuritiesCalledByWarrantsOrRights", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "sharesItemType" }, "us-gaap_CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems": { "auth_ref": [ "r280" ], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Collaborative Arrangement and Arrangement Other than Collaborative [Line Items]" } } }, "localname": "CollaborativeArrangementsAndNoncollaborativeArrangementTransactionsLineItems", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_CommitmentsAndContingencies": { "auth_ref": [ "r16", "r52", "r350", "r398" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 2.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Represents the caption on the face of the balance sheet to indicate that the entity has entered into (1) purchase or supply arrangements that will require expending a portion of its resources to meet the terms thereof, and (2) is exposed to potential losses or, less frequently, gains, arising from (a) possible claims against a company's resources due to future performance under contract terms, and (b) possible losses or likely gains from uncertainties that will ultimately be resolved when one or more future events that are deemed likely to occur do occur or fail to occur.", "label": "Commitments and Contingencies (Note 6)" } } }, "localname": "CommitmentsAndContingencies", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CommitmentsAndContingenciesDisclosureAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Commitments and Contingencies Disclosure [Abstract]" } } }, "localname": "CommitmentsAndContingenciesDisclosureAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "xbrltype": "stringItemType" }, "us-gaap_CommitmentsAndContingenciesDisclosureTextBlock": { "auth_ref": [ "r75", "r201", "r202", "r462", "r547" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for commitments and contingencies.", "label": "COMMITMENTS AND CONTINGENCIES" } } }, "localname": "CommitmentsAndContingenciesDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingencies" ], "xbrltype": "textBlockItemType" }, "us-gaap_CommonClassAMember": { "auth_ref": [ "r568" ], "lang": { "en-us": { "role": { "documentation": "Classification of common stock representing ownership interest in a corporation.", "label": "Common Class A [Member]" } } }, "localname": "CommonClassAMember", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/Cover", "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/ScheduleOfOfBasicAndDilutedNetIncomePerShareDetails", "http://ponocapthree.com/role/ScheduleOfRedeemableClassCommonStockDetails", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "domainItemType" }, "us-gaap_CommonClassBMember": { "auth_ref": [ "r568" ], "lang": { "en-us": { "role": { "documentation": "Classification of common stock that has different rights than Common Class A, representing ownership interest in a corporation.", "label": "Common Class B [Member]" } } }, "localname": "CommonClassBMember", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/Cover", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/ScheduleOfOfBasicAndDilutedNetIncomePerShareDetails", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "domainItemType" }, "us-gaap_CommonStockMember": { "auth_ref": [ "r486", "r487", "r488", "r490", "r491", "r492", "r493", "r534", "r535", "r552", "r566", "r568" ], "lang": { "en-us": { "role": { "documentation": "Stock that is subordinate to all other stock of the issuer.", "label": "Common Stock [Member]" } } }, "localname": "CommonStockMember", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "domainItemType" }, "us-gaap_CommonStockParOrStatedValuePerShare": { "auth_ref": [ "r60" ], "lang": { "en-us": { "role": { "documentation": "Face amount or stated value per share of common stock.", "label": "Common stock, par value" } } }, "localname": "CommonStockParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "perShareItemType" }, "us-gaap_CommonStockSharesAuthorized": { "auth_ref": [ "r60", "r399" ], "lang": { "en-us": { "role": { "documentation": "The maximum number of common shares permitted to be issued by an entity's charter and bylaws.", "label": "Commo stock, shares authorized" } } }, "localname": "CommonStockSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesIssued": { "auth_ref": [ "r60" ], "lang": { "en-us": { "role": { "documentation": "Total number of common shares of an entity that have been sold or granted to shareholders (includes common shares that were issued, repurchased and remain in the treasury). These shares represent capital invested by the firm's shareholders and owners, and may be all or only a portion of the number of shares authorized. Shares issued include shares outstanding and shares held in the treasury.", "label": "Common stock, share issued", "verboseLabel": "Common stock, shares issued" } } }, "localname": "CommonStockSharesIssued", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockSharesOutstanding": { "auth_ref": [ "r6", "r60", "r399", "r418", "r568", "r569" ], "lang": { "en-us": { "role": { "documentation": "Number of shares of common stock outstanding. Common stock represent the ownership interest in a corporation.", "label": "Common stock, share outstanding" } } }, "localname": "CommonStockSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "sharesItemType" }, "us-gaap_CommonStockValue": { "auth_ref": [ "r60", "r353", "r484" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 2.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Aggregate par or stated value of issued nonredeemable common stock (or common stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable common shares, par value and other disclosure concepts are in another section within stockholders' equity.", "label": "Ordinary shares" } } }, "localname": "CommonStockValue", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_CommonStockVotingRights": { "auth_ref": [ "r31" ], "lang": { "en-us": { "role": { "documentation": "Description of voting rights of common stock. Includes eligibility to vote and votes per share owned. Include also, if any, unusual voting rights.", "label": "Common stock voting rights" } } }, "localname": "CommonStockVotingRights", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_ConcentrationRiskCreditRisk": { "auth_ref": [ "r54", "r96" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for credit risk.", "label": "Concentration of Credit Risk" } } }, "localname": "ConcentrationRiskCreditRisk", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_DebtInstrumentAxis": { "auth_ref": [ "r10", "r56", "r57", "r88", "r90", "r126", "r217", "r218", "r219", "r220", "r221", "r222", "r223", "r224", "r225", "r226", "r227", "r228", "r229", "r230", "r231", "r232", "r304", "r472", "r473", "r474", "r475", "r476", "r530" ], "lang": { "en-us": { "role": { "documentation": "Information by type of debt instrument, including, but not limited to, draws against credit facilities.", "label": "Debt Instrument [Axis]" } } }, "localname": "DebtInstrumentAxis", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_DebtInstrumentFaceAmount": { "auth_ref": [ "r47", "r48", "r217", "r304", "r473", "r474" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Face (par) amount of debt instrument at time of issuance.", "label": "Loan amount" } } }, "localname": "DebtInstrumentFaceAmount", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_DebtInstrumentNameDomain": { "auth_ref": [ "r15", "r126", "r217", "r218", "r219", "r220", "r221", "r222", "r223", "r224", "r225", "r226", "r227", "r228", "r229", "r230", "r231", "r232", "r304", "r472", "r473", "r474", "r475", "r476", "r530" ], "lang": { "en-us": { "role": { "documentation": "The name for the particular debt instrument or borrowing that distinguishes it from other debt instruments or borrowings, including draws against credit facilities." } } }, "localname": "DebtInstrumentNameDomain", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "domainItemType" }, "us-gaap_DeferredCosts": { "auth_ref": [ "r86", "r526" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Assets", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of deferred cost, excluding capitalized cost related to contract with customer; classified as noncurrent.", "label": "Deferred offering costs" } } }, "localname": "DeferredCosts", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredOfferingCosts": { "auth_ref": [ "r545" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Specific incremental costs directly attributable to a proposed or actual offering of securities which are deferred at the end of the reporting period.", "label": "Deferred underwriting fees" } } }, "localname": "DeferredOfferingCosts", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_DeferredRevenueNoncurrent": { "auth_ref": [ "r527" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 2.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of deferred income and obligation to transfer product and service to customer for which consideration has been received or is receivable, classified as noncurrent.", "label": "Deferred underwriting fee payable" } } }, "localname": "DeferredRevenueNoncurrent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_Deposits": { "auth_ref": [ "r51" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The aggregate of all deposit liabilities held by the entity, including foreign and domestic, interest and noninterest bearing; may include demand deposits, saving deposits, Negotiable Order of Withdrawal (NOW) and time deposits among others.", "label": "Deposits" } } }, "localname": "Deposits", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_DerivativesPolicyTextBlock": { "auth_ref": [ "r7", "r41", "r42", "r43", "r44", "r125" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for its derivative instruments and hedging activities.", "label": "Derivative Financial Instruments" } } }, "localname": "DerivativesPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_EarningsPerShareBasic": { "auth_ref": [ "r117", "r132", "r133", "r134", "r135", "r136", "r140", "r141", "r144", "r145", "r146", "r147", "r294", "r295", "r348", "r359", "r467" ], "lang": { "en-us": { "role": { "documentation": "The amount of net income (loss) for the period per each share of common stock or unit outstanding during the reporting period.", "label": "Basic and diluted net income per share, Class B ordinary shares", "verboseLabel": "Basic and diluted net income per ordinary shares" } } }, "localname": "EarningsPerShareBasic", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfOfBasicAndDilutedNetIncomePerShareDetails", "http://ponocapthree.com/role/StatementsOfOperations" ], "xbrltype": "perShareItemType" }, "us-gaap_EarningsPerSharePolicyTextBlock": { "auth_ref": [ "r22", "r23" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for computing basic and diluted earnings or loss per share for each class of common stock and participating security. Addresses all significant policy factors, including any antidilutive items that have been excluded from the computation and takes into account stock dividends, splits and reverse splits that occur after the balance sheet date of the latest reporting period but before the issuance of the financial statements.", "label": "Net Income Per Share" } } }, "localname": "EarningsPerSharePolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_EquityAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Equity [Abstract]" } } }, "localname": "EquityAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "xbrltype": "stringItemType" }, "us-gaap_EquityComponentDomain": { "auth_ref": [ "r6", "r100", "r114", "r115", "r116", "r127", "r128", "r129", "r131", "r137", "r139", "r148", "r189", "r190", "r251", "r265", "r266", "r267", "r277", "r278", "r285", "r286", "r287", "r288", "r289", "r290", "r293", "r298", "r299", "r300", "r301", "r302", "r303", "r305", "r361", "r362", "r363", "r376", "r443" ], "lang": { "en-us": { "role": { "documentation": "Components of equity are the parts of the total Equity balance including that which is allocated to common, preferred, treasury stock, retained earnings, etc." } } }, "localname": "EquityComponentDomain", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueAssetsMeasuredOnRecurringBasisTextBlock": { "auth_ref": [ "r45", "r84" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of assets, including [financial] instruments measured at fair value that are classified in stockholders' equity, if any, by class that are measured at fair value on a recurring basis. The disclosures contemplated herein include the fair value measurements at the reporting date by the level within the fair value hierarchy in which the fair value measurements in their entirety fall, segregating fair value measurements using quoted prices in active markets for identical assets (Level 1), significant other observable inputs (Level 2), and significant unobservable inputs (Level 3).", "label": "SCHEDULE OF FINANCIAL ASSETS MEASURED AT FAIR VALUE ON A RECURRING BASIS" } } }, "localname": "FairValueAssetsMeasuredOnRecurringBasisTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/FairValueMeasurementsTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueByFairValueHierarchyLevelAxis": { "auth_ref": [ "r225", "r253", "r254", "r255", "r256", "r257", "r258", "r296", "r319", "r320", "r321", "r473", "r474", "r478", "r479", "r480" ], "lang": { "en-us": { "role": { "documentation": "Information by level within fair value hierarchy and fair value measured at net asset value per share as practical expedient.", "label": "Fair Value Hierarchy and NAV [Axis]" } } }, "localname": "FairValueByFairValueHierarchyLevelAxis", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FairValueDisclosuresAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Fair Value Disclosures [Abstract]" } } }, "localname": "FairValueDisclosuresAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "xbrltype": "stringItemType" }, "us-gaap_FairValueInputsLevel1Member": { "auth_ref": [ "r225", "r253", "r258", "r296", "r319", "r478", "r479", "r480" ], "lang": { "en-us": { "role": { "documentation": "Quoted prices in active markets for identical assets or liabilities that the reporting entity can access at the measurement date.", "label": "Fair Value, Inputs, Level 1 [Member]" } } }, "localname": "FairValueInputsLevel1Member", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueInputsLevel2Member": { "auth_ref": [ "r225", "r253", "r258", "r296", "r320", "r473", "r474", "r478", "r479", "r480" ], "lang": { "en-us": { "role": { "documentation": "Inputs other than quoted prices included within level 1 that are observable for an asset or liability, either directly or indirectly, including, but not limited to, quoted prices for similar assets or liabilities in active markets, or quoted prices for identical or similar assets or liabilities in inactive markets.", "label": "Fair Value, Inputs, Level 2 [Member]" } } }, "localname": "FairValueInputsLevel2Member", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueInputsLevel3Member": { "auth_ref": [ "r225", "r253", "r254", "r255", "r256", "r257", "r258", "r296", "r321", "r473", "r474", "r478", "r479", "r480" ], "lang": { "en-us": { "role": { "documentation": "Unobservable inputs that reflect the entity's own assumption about the assumptions market participants would use in pricing.", "label": "Fair Value, Inputs, Level 3 [Member]" } } }, "localname": "FairValueInputsLevel3Member", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueMeasurementInputsDisclosureTextBlock": { "auth_ref": [ "r83" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure of the fair value measurement of assets and liabilities, which includes financial instruments measured at fair value that are classified in shareholders' equity, which may be measured on a recurring or nonrecurring basis.", "label": "FAIR VALUE MEASUREMENTS" } } }, "localname": "FairValueMeasurementInputsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/FairValueMeasurements" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueMeasurementsFairValueHierarchyDomain": { "auth_ref": [ "r225", "r253", "r254", "r255", "r256", "r257", "r258", "r319", "r320", "r321", "r473", "r474", "r478", "r479", "r480" ], "lang": { "en-us": { "role": { "documentation": "Categories used to prioritize the inputs to valuation techniques to measure fair value." } } }, "localname": "FairValueMeasurementsFairValueHierarchyDomain", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails" ], "xbrltype": "domainItemType" }, "us-gaap_FairValueOfFinancialInstrumentsPolicy": { "auth_ref": [ "r5", "r8" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for determining the fair value of financial instruments.", "label": "Fair Value of Financial Instruments" } } }, "localname": "FairValueOfFinancialInstrumentsPolicy", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_FairValueOffBalanceSheetRisksDisclosureInformationLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Fair Value, off-Balance-Sheet Risks, Disclosure Information [Line Items]" } } }, "localname": "FairValueOffBalanceSheetRisksDisclosureInformationLineItems", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails" ], "xbrltype": "stringItemType" }, "us-gaap_FinancialInstrumentAxis": { "auth_ref": [ "r158", "r159", "r160", "r161", "r162", "r163", "r164", "r165", "r166", "r167", "r168", "r169", "r170", "r171", "r172", "r173", "r174", "r175", "r176", "r177", "r178", "r179", "r180", "r181", "r182", "r183", "r184", "r185", "r186", "r187", "r191", "r192", "r193", "r194", "r195", "r196", "r197", "r198", "r233", "r247", "r291", "r316", "r317", "r318", "r319", "r320", "r321", "r322", "r323", "r324", "r325", "r326", "r327", "r328", "r329", "r330", "r331", "r332", "r333", "r334", "r335", "r336", "r337", "r338", "r339", "r340", "r341", "r342", "r343", "r344", "r345", "r358", "r471", "r518", "r519", "r520", "r521", "r522", "r523", "r524", "r540", "r541", "r542", "r543" ], "lang": { "en-us": { "role": { "documentation": "Information by type of financial instrument.", "label": "Financial Instrument [Axis]" } } }, "localname": "FinancialInstrumentAxis", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails" ], "xbrltype": "stringItemType" }, "us-gaap_GeneralPartnersOfferingCosts": { "auth_ref": [ "r35" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The cumulative amount of offering costs allocated to the general partner.", "label": "Offering cost" } } }, "localname": "GeneralPartnersOfferingCosts", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_IPOMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "First sale of stock by a private company to the public.", "label": "IPO [Member]" } } }, "localname": "IPOMember", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "domainItemType" }, "us-gaap_IncomeStatementAbstract": { "auth_ref": [], "localname": "IncomeStatementAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "xbrltype": "stringItemType" }, "us-gaap_IncomeTaxExaminationPenaltiesAndInterestAccrued": { "auth_ref": [ "r551" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The amount of estimated penalties and interest accrued as of the balance sheet date arising from income tax examinations.", "label": "Accrued for interest and penalties" } } }, "localname": "IncomeTaxExaminationPenaltiesAndInterestAccrued", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncomeTaxPolicyTextBlock": { "auth_ref": [ "r113", "r270", "r271", "r273", "r274", "r275", "r276", "r367" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for income taxes, which may include its accounting policies for recognizing and measuring deferred tax assets and liabilities and related valuation allowances, recognizing investment tax credits, operating loss carryforwards, tax credit carryforwards, and other carryforwards, methodologies for determining its effective income tax rate and the characterization of interest and penalties in the financial statements.", "label": "Income Taxes" } } }, "localname": "IncomeTaxPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_IncreaseDecreaseInAccruedLiabilities": { "auth_ref": [ "r3" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 5.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in the aggregate amount of expenses incurred but not yet paid.", "label": "Accrued expenses", "verboseLabel": "Incurred expenses" } } }, "localname": "IncreaseDecreaseInAccruedLiabilities", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInNotesPayableCurrent": { "auth_ref": [ "r3" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in current portion (due within one year or one business cycle) of obligations evidenced by formal promissory notes.", "label": "Increase (Decrease) in Notes Payable, Current", "verboseLabel": "Accounts payable" } } }, "localname": "IncreaseDecreaseInNotesPayableCurrent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_IncreaseDecreaseInOperatingAssetsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Changes in operating assets and liabilities:" } } }, "localname": "IncreaseDecreaseInOperatingAssetsAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_IncreaseDecreaseInPrepaidExpense": { "auth_ref": [ "r3" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The increase (decrease) during the reporting period in the amount of outstanding money paid in advance for goods or services that bring economic benefits for future periods.", "label": "Increase (Decrease) in Prepaid Expense", "negatedLabel": "Prepaid expenses" } } }, "localname": "IncreaseDecreaseInPrepaidExpense", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_InvestmentIncomeInterest": { "auth_ref": [ "r67", "r152" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": -1.0 }, "http://ponocapthree.com/role/StatementsOfOperations": { "order": 2.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount before accretion (amortization) of purchase discount (premium) of interest income on nonoperating securities.", "label": "Interest income on investments held in Trust Account", "negatedLabel": "Interest and dividend income on investments held in Trust Account" } } }, "localname": "InvestmentIncomeInterest", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows", "http://ponocapthree.com/role/StatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_Liabilities": { "auth_ref": [ "r12", "r122", "r188", "r207", "r208", "r209", "r210", "r211", "r212", "r213", "r215", "r216", "r282", "r283", "r284", "r297", "r397", "r468", "r496", "r548", "r555", "r556" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 1.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Sum of the carrying amounts as of the balance sheet date of all liabilities that are recognized. Liabilities are probable future sacrifices of economic benefits arising from present obligations of an entity to transfer assets or provide services to other entities in the future.", "label": "Total Liabilities" } } }, "localname": "Liabilities", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAndStockholdersEquity": { "auth_ref": [ "r65", "r91", "r356", "r484", "r531", "r544", "r553" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of liabilities and equity items, including the portion of equity attributable to noncontrolling interests, if any.", "label": "Liabilities and Equity", "totalLabel": "Total Liabilities and Shareholders\u2019 Equity (Deficit)" } } }, "localname": "LiabilitiesAndStockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesAndStockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Liabilities and Shareholders\u2019 Equity (Deficit):" } } }, "localname": "LiabilitiesAndStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_LiabilitiesCurrent": { "auth_ref": [ "r14", "r103", "r122", "r188", "r207", "r208", "r209", "r210", "r211", "r212", "r213", "r215", "r216", "r282", "r283", "r284", "r297", "r484", "r548", "r555", "r556" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 1.0, "parentTag": "us-gaap_Liabilities", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Total obligations incurred as part of normal operations that are expected to be paid during the following twelve months or within one business cycle, if longer.", "label": "Total current liabilities" } } }, "localname": "LiabilitiesCurrent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_LiabilitiesCurrentAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Current liabilities:" } } }, "localname": "LiabilitiesCurrentAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_MarketableSecuritiesPolicy": { "auth_ref": [ "r53" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for investment classified as marketable security.", "label": "Investments Held in Trust Account" } } }, "localname": "MarketableSecuritiesPolicy", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivities": { "auth_ref": [ "r118" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow (outflow) from financing activities, including discontinued operations. Financing activity cash flows include obtaining resources from owners and providing them with a return on, and a return of, their investment; borrowing money and repaying amounts borrowed, or settling the obligation; and obtaining and paying for other resources obtained from creditors on long-term credit.", "label": "Net Cash Provided by (Used in) Financing Activities", "totalLabel": "Net cash provided by financing activities" } } }, "localname": "NetCashProvidedByUsedInFinancingActivities", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInFinancingActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Cash Flows from Financing Activities:" } } }, "localname": "NetCashProvidedByUsedInFinancingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivities": { "auth_ref": [ "r118" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow (outflow) from investing activities, including discontinued operations. Investing activity cash flows include making and collecting loans and acquiring and disposing of debt or equity instruments and property, plant, and equipment and other productive assets.", "label": "Net Cash Provided by (Used in) Investing Activities", "totalLabel": "Net cash used in investing activities" } } }, "localname": "NetCashProvidedByUsedInInvestingActivities", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInInvestingActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Cash Flows from Investing Activities:" } } }, "localname": "NetCashProvidedByUsedInInvestingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivities": { "auth_ref": [ "r69", "r70", "r71" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_CashCashEquivalentsRestrictedCashAndRestrictedCashEquivalentsPeriodIncreaseDecreaseIncludingExchangeRateEffect", "weight": 1.0 } }, "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow (outflow) from operating activities, including discontinued operations. Operating activity cash flows include transactions, adjustments, and changes in value not defined as investing or financing activities.", "label": "Net Cash Provided by (Used in) Operating Activities", "totalLabel": "Net cash used in operating activities" } } }, "localname": "NetCashProvidedByUsedInOperatingActivities", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_NetCashProvidedByUsedInOperatingActivitiesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Cash Flows from Operating Activities:" } } }, "localname": "NetCashProvidedByUsedInOperatingActivitiesAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "stringItemType" }, "us-gaap_NetIncomeLoss": { "auth_ref": [ "r66", "r71", "r92", "r101", "r111", "r112", "r116", "r122", "r130", "r132", "r133", "r134", "r135", "r138", "r139", "r143", "r151", "r153", "r155", "r157", "r188", "r207", "r208", "r209", "r210", "r211", "r212", "r213", "r215", "r216", "r295", "r297", "r357", "r420", "r441", "r442", "r469", "r494", "r548" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInOperatingActivities", "weight": 1.0 }, "http://ponocapthree.com/role/StatementsOfOperations": { "order": null, "parentTag": null, "root": true, "weight": null } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The portion of profit or loss for the period, net of income taxes, which is attributable to the parent.", "label": "Net income (loss)", "totalLabel": "Net income (loss)", "verboseLabel": "Net Income" } } }, "localname": "NetIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfOfBasicAndDilutedNetIncomePerShareDetails", "http://ponocapthree.com/role/StatementsOfCashFlows", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit", "http://ponocapthree.com/role/StatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_NewAccountingPronouncementsPolicyPolicyTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy pertaining to new accounting pronouncements that may impact the entity's financial reporting. Includes, but is not limited to, quantification of the expected or actual impact.", "label": "Recent Accounting Standards" } } }, "localname": "NewAccountingPronouncementsPolicyPolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_NonrelatedPartyMember": { "auth_ref": [ "r532", "r533" ], "lang": { "en-us": { "role": { "documentation": "Party not related to reporting entity.", "label": "Nonrelated Party [Member]" } } }, "localname": "NonrelatedPartyMember", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "domainItemType" }, "us-gaap_NotesPayable": { "auth_ref": [ "r10", "r90", "r565" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Including the current and noncurrent portions, aggregate carrying amount of all types of notes payable, as of the balance sheet date, with initial maturities beyond one year or beyond the normal operating cycle, if longer.", "label": "Notes Payable", "verboseLabel": "Promissory note - related party" } } }, "localname": "NotesPayable", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingExpenses": { "auth_ref": [], "calculation": { "http://ponocapthree.com/role/StatementsOfOperations": { "order": 1.0, "parentTag": "us-gaap_OperatingIncomeLoss", "weight": -1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Generally recurring costs associated with normal operations except for the portion of these expenses which can be clearly related to production and included in cost of sales or services. Includes selling, general and administrative expense.", "label": "Operating and formation costs" } } }, "localname": "OperatingExpenses", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_OperatingIncomeLoss": { "auth_ref": [ "r151", "r153", "r155", "r157", "r469" ], "calculation": { "http://ponocapthree.com/role/StatementsOfOperations": { "order": 1.0, "parentTag": "us-gaap_NetIncomeLoss", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The net result for the period of deducting operating expenses from operating revenues.", "label": "Operating Income (Loss)", "totalLabel": "Loss from operations" } } }, "localname": "OperatingIncomeLoss", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfOperations" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherDeferredCostsNet": { "auth_ref": [ "r526" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Net amount of other deferred costs capitalized at the end of the reporting period. Does not include deferred finance costs or deferred acquisition costs of insurance companies.", "label": "Other offering costs" } } }, "localname": "OtherDeferredCostsNet", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherExpensesAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Other income" } } }, "localname": "OtherExpensesAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfOperations" ], "xbrltype": "stringItemType" }, "us-gaap_OtherLiabilitiesCurrent": { "auth_ref": [ "r13", "r484" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 4.0, "parentTag": "us-gaap_LiabilitiesCurrent", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of liabilities classified as other, due within one year or the normal operating cycle, if longer.", "label": "Promissory note - related party" } } }, "localname": "OtherLiabilitiesCurrent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_OtherLiabilityCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration": { "auth_ref": [ "r105", "r214", "r310", "r532" ], "lang": { "en-us": { "role": { "documentation": "Indicates related and nonrelated party status for liability classified as other and current.", "label": "Other Liability, Current, Related and Nonrelated Party Status [Extensible Enumeration]" } } }, "localname": "OtherLiabilityCurrentRelatedAndNonrelatedPartyStatusExtensibleEnumeration", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "enumerationSetItemType" }, "us-gaap_OtherReceivablesNetCurrent": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount, after allowance, of receivables classified as other, due within one year or the operating cycle, if longer.", "label": "Service cost payable" } } }, "localname": "OtherReceivablesNetCurrent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_OverAllotmentOptionMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Right given to the underwriter to sell additional shares over the initial allotment.", "label": "Over-Allotment Option [Member]" } } }, "localname": "OverAllotmentOptionMember", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/PrivatePlacementDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "domainItemType" }, "us-gaap_PaymentsForUnderwritingExpense": { "auth_ref": [ "r2" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Cash paid for expenses incurred during underwriting activities (the process to review insurance applications, evaluate risks, accept or reject applications, and determine the premiums to be charged) for insurance companies.", "label": "Payments for underwriting expense", "verboseLabel": "Cash underwriting fees" } } }, "localname": "PaymentsForUnderwritingExpense", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfFinancingCosts": { "auth_ref": [ "r18" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 4.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow for loan and debt issuance costs.", "label": "Payments of Financing Costs", "negatedLabel": "Payment of offering costs" } } }, "localname": "PaymentsOfFinancingCosts", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsOfStockIssuanceCosts": { "auth_ref": [ "r18" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow for cost incurred directly with the issuance of an equity security.", "label": "Transaction cost", "verboseLabel": "Payments of stock issuance costs" } } }, "localname": "PaymentsOfStockIssuanceCosts", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_PaymentsToInvestInDecommissioningFund": { "auth_ref": [ "r68" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInInvestingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow for the purchase of investments that will be held in a decommissioning trust fund.", "label": "Payments to Acquire Investments to be Held in Decommissioning Trust Fund", "negatedLabel": "Investment of cash in Trust Account" } } }, "localname": "PaymentsToInvestInDecommissioningFund", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PreferredStockParOrStatedValuePerShare": { "auth_ref": [ "r59", "r235" ], "lang": { "en-us": { "role": { "documentation": "Face amount or stated value per share of preferred stock nonredeemable or redeemable solely at the option of the issuer.", "label": "Preferred stock, par value" } } }, "localname": "PreferredStockParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "perShareItemType" }, "us-gaap_PreferredStockSharesAuthorized": { "auth_ref": [ "r59", "r399" ], "lang": { "en-us": { "role": { "documentation": "The maximum number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) permitted to be issued by an entity's charter and bylaws.", "label": "Preferred stock, shares authorized" } } }, "localname": "PreferredStockSharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockSharesIssued": { "auth_ref": [ "r59", "r235" ], "lang": { "en-us": { "role": { "documentation": "Total number of nonredeemable preferred shares (or preferred stock redeemable solely at the option of the issuer) issued to shareholders (includes related preferred shares that were issued, repurchased, and remain in the treasury). May be all or portion of the number of preferred shares authorized. Excludes preferred shares that are classified as debt.", "label": "Preferred stock, shares issued" } } }, "localname": "PreferredStockSharesIssued", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockSharesOutstanding": { "auth_ref": [ "r59", "r399", "r418", "r568", "r569" ], "lang": { "en-us": { "role": { "documentation": "Aggregate share number for all nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer) held by stockholders. Does not include preferred shares that have been repurchased.", "label": "Preferred stock, shares outstanding", "verboseLabel": "Preference stock, shares outstanding" } } }, "localname": "PreferredStockSharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "sharesItemType" }, "us-gaap_PreferredStockValue": { "auth_ref": [ "r59", "r352", "r484" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 1.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Aggregate par or stated value of issued nonredeemable preferred stock (or preferred stock redeemable solely at the option of the issuer). This item includes treasury stock repurchased by the entity. Note: elements for number of nonredeemable preferred shares, par value and other disclosure concepts are in another section within stockholders' equity.", "label": "Preference shares, $0.0001 par value; 1,000,000 shares authorized; no shares issued and outstanding" } } }, "localname": "PreferredStockValue", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_PrepaidExpenseCurrent": { "auth_ref": [ "r109", "r199", "r200", "r465" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 2.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of asset related to consideration paid in advance for costs that provide economic benefits within a future period of one year or the normal operating cycle, if longer.", "label": "Prepaid expenses" } } }, "localname": "PrepaidExpenseCurrent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_PrivatePlacementMember": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "A private placement is a direct offering of securities to a limited number of sophisticated investors such as insurance companies, pension funds, mezzanine funds, stock funds and trusts.", "label": "Private Placement [Member]" } } }, "localname": "PrivatePlacementMember", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/PrivatePlacementDetailsNarrative" ], "xbrltype": "domainItemType" }, "us-gaap_ProceedsFromIssuanceInitialPublicOffering": { "auth_ref": [ "r1" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The cash inflow associated with the amount received from entity's first offering of stock to the public.", "label": "Proceeds from initial public offering", "verboseLabel": "Gross proceeds" } } }, "localname": "ProceedsFromIssuanceInitialPublicOffering", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/ScheduleOfRedeemableClassCommonStockDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromIssuanceOfPrivatePlacement": { "auth_ref": [ "r1" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 1.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The cash inflow associated with the amount received from entity's raising of capital via private rather than public placement.", "label": "Proceeds from sale of Placement Units", "verboseLabel": "Proceeds from private placement" } } }, "localname": "ProceedsFromIssuanceOfPrivatePlacement", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/PrivatePlacementDetailsNarrative", "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromIssuanceOfWarrants": { "auth_ref": [ "r1" ], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The cash inflow from issuance of rights to purchase common shares at predetermined price (usually issued together with corporate debt).", "label": "Proceeds from Issuance of Warrants", "negatedLabel": "Proceeds allocated to Public Warrants" } } }, "localname": "ProceedsFromIssuanceOfWarrants", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfRedeemableClassCommonStockDetails" ], "xbrltype": "monetaryItemType" }, "us-gaap_ProceedsFromOtherEquity": { "auth_ref": [ "r1" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 2.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of cash inflow from the issuance of equity classified as other.", "label": "Proceeds from sale of Units, net of underwriting discount paid" } } }, "localname": "ProceedsFromOtherEquity", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_PropertyPlantAndEquipmentLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Property, Plant and Equipment [Line Items]" } } }, "localname": "PropertyPlantAndEquipmentLineItems", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_ReceivablesNetCurrent": { "auth_ref": [ "r484" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 3.0, "parentTag": "us-gaap_AssetsCurrent", "weight": 1.0 } }, "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "The total amount due to the entity within one year of the balance sheet date (or one operating cycle, if longer) from outside sources, including trade accounts receivable, notes and loans receivable, as well as any other types of receivables, net of allowances established for the purpose of reducing such receivables to an amount that approximates their net realizable value.", "label": "Dividends receivable" } } }, "localname": "ReceivablesNetCurrent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_ReclassificationsOfTemporaryToPermanentEquity": { "auth_ref": [ "r76", "r82" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The difference between the carrying amount of a financial instrument subject to a registration payment arrangement recorded as temporary equity prior to adoption of FSP EITF 00-19-2 and the carrying amount reclassified to permanent equity upon the adoption of FSP EITF 00-19-2. Recorded as a cumulative effect adjustment to the beginning balance of retained earnings. Does not apply to registration payment arrangements that are no longer outstanding upon adoption of FSP EITF 00-19-2.", "label": "Permanent shareholders equity" } } }, "localname": "ReclassificationsOfTemporaryToPermanentEquity", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_RelatedAndNonrelatedPartyStatusAxis": { "auth_ref": [ "r123", "r124", "r309", "r310", "r311", "r312", "r392", "r393", "r394", "r395", "r396", "r417", "r419", "r489" ], "lang": { "en-us": { "role": { "documentation": "Information by related and nonrelated party status.", "label": "Related and Nonrelated Party Status [Axis]" } } }, "localname": "RelatedAndNonrelatedPartyStatusAxis", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_RelatedAndNonrelatedPartyStatusDomain": { "auth_ref": [ "r123", "r124", "r309", "r310", "r311", "r312", "r392", "r393", "r394", "r395", "r396", "r417", "r419", "r489" ], "lang": { "en-us": { "role": { "documentation": "Related and nonrelated party status." } } }, "localname": "RelatedAndNonrelatedPartyStatusDomain", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "domainItemType" }, "us-gaap_RelatedPartyMember": { "auth_ref": [ "r123", "r124", "r309", "r310", "r311", "r312", "r392", "r393", "r394", "r395", "r396", "r417", "r419", "r450" ], "lang": { "en-us": { "role": { "documentation": "Party related to reporting entity. Includes, but is not limited to, affiliate, entity for which investment is accounted for by equity method, trust for benefit of employees, and principal owner, management, and members of immediate family.", "label": "Related Party [Member]" } } }, "localname": "RelatedPartyMember", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "domainItemType" }, "us-gaap_RelatedPartyTransactionLineItems": { "auth_ref": [ "r424", "r425", "r428" ], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Related Party Transaction [Line Items]" } } }, "localname": "RelatedPartyTransactionLineItems", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyTransactionsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Related Party Transactions [Abstract]" } } }, "localname": "RelatedPartyTransactionsAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "xbrltype": "stringItemType" }, "us-gaap_RelatedPartyTransactionsDisclosureTextBlock": { "auth_ref": [ "r306", "r307", "r308", "r310", "r313", "r373", "r374", "r375", "r426", "r427", "r428", "r447", "r449" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.", "label": "RELATED PARTY TRANSACTIONS" } } }, "localname": "RelatedPartyTransactionsDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactions" ], "xbrltype": "textBlockItemType" }, "us-gaap_RepaymentsOfRelatedPartyDebt": { "auth_ref": [ "r19" ], "calculation": { "http://ponocapthree.com/role/StatementsOfCashFlows": { "order": 3.0, "parentTag": "us-gaap_NetCashProvidedByUsedInFinancingActivities", "weight": -1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "The cash outflow for the payment of a long-term borrowing made from a related party where one party can exercise control or significant influence over another party; including affiliates, owners or officers and their immediate families, pension trusts, and so forth. Alternate caption: Payments for Advances from Affiliates.", "label": "Repayment of promissory note - related party", "negatedLabel": "Repayment of Promissory note - related party" } } }, "localname": "RepaymentsOfRelatedPartyDebt", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/StatementsOfCashFlows" ], "xbrltype": "monetaryItemType" }, "us-gaap_RetainedEarningsAccumulatedDeficit": { "auth_ref": [ "r62", "r80", "r355", "r364", "r365", "r372", "r400", "r484" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 5.0, "parentTag": "us-gaap_StockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of accumulated undistributed earnings (deficit).", "label": "Accumulated deficit" } } }, "localname": "RetainedEarningsAccumulatedDeficit", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "monetaryItemType" }, "us-gaap_RetainedEarningsMember": { "auth_ref": [ "r100", "r127", "r128", "r129", "r131", "r137", "r139", "r189", "r190", "r265", "r266", "r267", "r277", "r278", "r285", "r287", "r288", "r290", "r293", "r361", "r363", "r376", "r568" ], "lang": { "en-us": { "role": { "documentation": "Accumulated undistributed earnings (deficit).", "label": "Retained Earnings [Member]" } } }, "localname": "RetainedEarningsMember", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "domainItemType" }, "us-gaap_SaleOfStockConsiderationReceivedPerTransaction": { "auth_ref": [], "crdr": "debit", "lang": { "en-us": { "role": { "documentation": "Amount of consideration received by subsidiary or equity investee in exchange for shares of stock issued or sold. Includes amount of cash received, fair value of noncash assets received, and fair value of liabilities assumed by the investor.", "label": "Sale of stock shares issued" } } }, "localname": "SaleOfStockConsiderationReceivedPerTransaction", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_SaleOfStockNameOfTransactionDomain": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Sale of the entity's stock, including, but not limited to, initial public offering (IPO) and private placement." } } }, "localname": "SaleOfStockNameOfTransactionDomain", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/PrivatePlacementDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "domainItemType" }, "us-gaap_SaleOfStockNumberOfSharesIssuedInTransaction": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "The number of shares issued or sold by the subsidiary or equity method investee per stock transaction.", "label": "Sale of stock number of shares issued", "verboseLabel": "Sale of stock, number of shares issued in transaction" } } }, "localname": "SaleOfStockNumberOfSharesIssuedInTransaction", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/PrivatePlacementDetailsNarrative" ], "xbrltype": "sharesItemType" }, "us-gaap_SaleOfStockPricePerShare": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Per share amount received by subsidiary or equity investee for each share of common stock issued or sold in the stock transaction.", "label": "Sale of stock price per share" } } }, "localname": "SaleOfStockPricePerShare", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/PrivatePlacementDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "perShareItemType" }, "us-gaap_ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable": { "auth_ref": [ "r280" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about collaborative arrangement and arrangement other than collaborative applicable to revenue-generating activity or operations.", "label": "Collaborative Arrangement and Arrangement Other than Collaborative [Table]" } } }, "localname": "ScheduleOfCollaborativeArrangementsAndNoncollaborativeArrangementTransactionsTable", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock": { "auth_ref": [ "r538" ], "lang": { "en-us": { "role": { "documentation": "Tabular disclosure of an entity's basic and diluted earnings per share calculations, including a reconciliation of numerators and denominators of the basic and diluted per-share computations for income from continuing operations.", "label": "SCHEDULE OF OF BASIC AND DILUTED NET INCOME PER SHARE" } } }, "localname": "ScheduleOfEarningsPerShareBasicAndDilutedTableTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesTables" ], "xbrltype": "textBlockItemType" }, "us-gaap_ScheduleOfFairValueOffBalanceSheetRisksTable": { "auth_ref": [ "r46", "r85" ], "lang": { "en-us": { "role": { "documentation": "Schedule detailing the information required and determined to be disclosed regarding the fair value of financial assets and financial liabilities, which are not recognized in the financial statements (off-balance sheet) because they fail to meet some other criterion for recognition.", "label": "Schedule of Fair Value, off-Balance-Sheet Risks [Table]" } } }, "localname": "ScheduleOfFairValueOffBalanceSheetRisksTable", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfPropertyPlantAndEquipmentTable": { "auth_ref": [ "r4" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of information about physical assets used in the normal conduct of business and not intended for resale. Includes, but is not limited to, balances by class of assets, depreciation and depletion expense and method used, including composite depreciation, and accumulated deprecation.", "label": "Property, Plant and Equipment [Table]" } } }, "localname": "ScheduleOfPropertyPlantAndEquipmentTable", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfRelatedPartyTransactionsByRelatedPartyTable": { "auth_ref": [ "r49", "r50", "r424", "r425", "r428" ], "lang": { "en-us": { "role": { "documentation": "Schedule of quantitative and qualitative information pertaining to related party transactions. Examples of related party transactions include transactions between (a) a parent company and its subsidiary; (b) subsidiaries of a common parent; (c) and entity and its principal owners; and (d) affiliates.", "label": "Schedule of Related Party Transactions, by Related Party [Table]" } } }, "localname": "ScheduleOfRelatedPartyTransactionsByRelatedPartyTable", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_ScheduleOfStockByClassTable": { "auth_ref": [ "r28", "r29", "r30", "r31", "r32", "r33", "r34", "r78", "r79", "r80", "r106", "r107", "r108", "r149", "r235", "r236", "r237", "r239", "r242", "r247", "r249", "r368", "r369", "r370", "r371", "r477", "r517", "r529" ], "lang": { "en-us": { "role": { "documentation": "Schedule detailing information related to equity by class of stock. Class of stock includes common, convertible, and preferred stocks which are not redeemable or redeemable solely at the option of the issuer. It also includes preferred stock with redemption features that are solely within the control of the issuer and mandatorily redeemable stock if redemption is required to occur only upon liquidation or termination of the reporting entity.", "label": "Schedule of Stock by Class [Table]" } } }, "localname": "ScheduleOfStockByClassTable", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod": { "auth_ref": [ "r261" ], "lang": { "en-us": { "role": { "documentation": "The number of shares under options that were cancelled during the reporting period as a result of occurrence of a terminating event specified in contractual agreements pertaining to the stock option plan.", "label": "Sharebased payment award options forfeitures" } } }, "localname": "ShareBasedCompensationArrangementByShareBasedPaymentAwardOptionsForfeituresInPeriod", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "sharesItemType" }, "us-gaap_SharePrice": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Price of a single share of a number of saleable stocks of a company.", "label": "Share price" } } }, "localname": "SharePrice", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative" ], "xbrltype": "perShareItemType" }, "us-gaap_SharesIssuedPricePerShare": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Per share or per unit amount of equity securities issued.", "label": "Shares issued price per share", "terseLabel": "Newly issued price per shares", "verboseLabel": "Shares price per share" } } }, "localname": "SharesIssuedPricePerShare", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "perShareItemType" }, "us-gaap_SharesOutstanding": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number of shares issued which are neither cancelled nor held in the treasury.", "label": "Shares, Outstanding", "periodEndLabel": "Ending balance, shares", "periodStartLabel": "Beginning balance, shares" } } }, "localname": "SharesOutstanding", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "sharesItemType" }, "us-gaap_SharesSubjectToMandatoryRedemptionChangesInRedemptionValuePolicyTextBlock": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for recognition of changes in redemption value of mandatorily redeemable shares. Provides the period over which changes in redemption value are accreted, usually from the issuance date (or from the date that it becomes probable that the security will become redeemable, if later) to the earliest redemption date of the security.", "label": "Class A Ordinary Shares Subject To Possible Redemption" } } }, "localname": "SharesSubjectToMandatoryRedemptionChangesInRedemptionValuePolicyTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_SignificantAccountingPoliciesTextBlock": { "auth_ref": [ "r72", "r120" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for all significant accounting policies of the reporting entity.", "label": "SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES" } } }, "localname": "SignificantAccountingPoliciesTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_StatementClassOfStockAxis": { "auth_ref": [ "r99", "r106", "r107", "r108", "r122", "r141", "r142", "r144", "r146", "r149", "r150", "r188", "r207", "r209", "r210", "r211", "r215", "r216", "r235", "r236", "r239", "r242", "r249", "r297", "r368", "r369", "r370", "r371", "r376", "r377", "r378", "r379", "r380", "r381", "r382", "r383", "r384", "r385", "r386", "r388", "r399", "r421", "r443", "r456", "r457", "r458", "r459", "r460", "r517", "r529", "r537" ], "lang": { "en-us": { "role": { "documentation": "Information by the different classes of stock of the entity.", "label": "Class of Stock [Axis]" } } }, "localname": "StatementClassOfStockAxis", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/Cover", "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/ScheduleOfOfBasicAndDilutedNetIncomePerShareDetails", "http://ponocapthree.com/role/ScheduleOfRedeemableClassCommonStockDetails", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit", "http://ponocapthree.com/role/StatementsOfOperations", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_StatementEquityComponentsAxis": { "auth_ref": [ "r6", "r17", "r100", "r114", "r115", "r116", "r127", "r128", "r129", "r131", "r137", "r139", "r148", "r189", "r190", "r251", "r265", "r266", "r267", "r277", "r278", "r285", "r286", "r287", "r288", "r289", "r290", "r293", "r298", "r299", "r300", "r301", "r302", "r303", "r305", "r361", "r362", "r363", "r376", "r443" ], "lang": { "en-us": { "role": { "documentation": "Information by component of equity.", "label": "Equity Components [Axis]" } } }, "localname": "StatementEquityComponentsAxis", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "stringItemType" }, "us-gaap_StatementLineItems": { "auth_ref": [ "r127", "r128", "r129", "r148", "r347", "r366", "r388", "r391", "r392", "r393", "r394", "r395", "r396", "r399", "r402", "r403", "r404", "r405", "r406", "r408", "r409", "r410", "r411", "r413", "r414", "r415", "r416", "r417", "r419", "r422", "r423", "r429", "r430", "r431", "r432", "r433", "r434", "r435", "r436", "r437", "r438", "r439", "r440", "r443", "r489" ], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Statement [Line Items]" } } }, "localname": "StatementLineItems", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/Cover", "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/ScheduleOfOfBasicAndDilutedNetIncomePerShareDetails", "http://ponocapthree.com/role/ScheduleOfRedeemableClassCommonStockDetails", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit", "http://ponocapthree.com/role/StatementsOfOperations" ], "xbrltype": "stringItemType" }, "us-gaap_StatementOfCashFlowsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Statement of Cash Flows [Abstract]" } } }, "localname": "StatementOfCashFlowsAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "xbrltype": "stringItemType" }, "us-gaap_StatementOfFinancialPositionAbstract": { "auth_ref": [], "localname": "StatementOfFinancialPositionAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "xbrltype": "stringItemType" }, "us-gaap_StatementOfStockholdersEquityAbstract": { "auth_ref": [], "localname": "StatementOfStockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "xbrltype": "stringItemType" }, "us-gaap_StatementTable": { "auth_ref": [ "r127", "r128", "r129", "r148", "r347", "r366", "r388", "r391", "r392", "r393", "r394", "r395", "r396", "r399", "r402", "r403", "r404", "r405", "r406", "r408", "r409", "r410", "r411", "r413", "r414", "r415", "r416", "r417", "r419", "r422", "r423", "r429", "r430", "r431", "r432", "r433", "r434", "r435", "r436", "r437", "r438", "r439", "r440", "r443", "r489" ], "lang": { "en-us": { "role": { "documentation": "Schedule reflecting a Statement of Income, Statement of Cash Flows, Statement of Financial Position, Statement of Shareholders' Equity and Other Comprehensive Income, or other statement as needed.", "label": "Statement [Table]" } } }, "localname": "StatementTable", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/Cover", "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/ScheduleOfOfBasicAndDilutedNetIncomePerShareDetails", "http://ponocapthree.com/role/ScheduleOfRedeemableClassCommonStockDetails", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit", "http://ponocapthree.com/role/StatementsOfOperations" ], "xbrltype": "stringItemType" }, "us-gaap_StockIssuedDuringPeriodSharesNewIssues": { "auth_ref": [ "r6", "r59", "r60", "r80", "r368", "r443", "r457" ], "lang": { "en-us": { "role": { "documentation": "Number of new stock issued during the period.", "label": "Number of shares of stock issued" } } }, "localname": "StockIssuedDuringPeriodSharesNewIssues", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "sharesItemType" }, "us-gaap_StockIssuedDuringPeriodSharesOther": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number of shares of stock issued attributable to transactions classified as other.", "label": "Issuance of Placement Units, shares", "verboseLabel": "Issuance of placement units, shares" } } }, "localname": "StockIssuedDuringPeriodSharesOther", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "sharesItemType" }, "us-gaap_StockIssuedDuringPeriodSharesShareBasedCompensationForfeited": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Number of shares (or other type of equity) forfeited during the period.", "label": "Additional founder shares", "verboseLabel": "Share based payment award options forfeitures" } } }, "localname": "StockIssuedDuringPeriodSharesShareBasedCompensationForfeited", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "sharesItemType" }, "us-gaap_StockIssuedDuringPeriodSharesStockOptionsExercised": { "auth_ref": [ "r6", "r59", "r60", "r80", "r260" ], "lang": { "en-us": { "role": { "documentation": "Number of share options (or share units) exercised during the current period.", "label": "Number of share options exercised" } } }, "localname": "StockIssuedDuringPeriodSharesStockOptionsExercised", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative" ], "xbrltype": "sharesItemType" }, "us-gaap_StockIssuedDuringPeriodValueNewIssues": { "auth_ref": [ "r6", "r59", "r60", "r80", "r376", "r443", "r457", "r495" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Equity impact of the value of new stock issued during the period. Includes shares issued in an initial public offering or a secondary public offering.", "label": "Number of share options exercised value" } } }, "localname": "StockIssuedDuringPeriodValueNewIssues", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockIssuedDuringPeriodValueOther": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Value of shares of stock issued attributable to transactions classified as other.", "label": "Issuance of Placement Units" } } }, "localname": "StockIssuedDuringPeriodValueOther", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquity": { "auth_ref": [ "r60", "r63", "r64", "r74", "r401", "r418", "r444", "r445", "r484", "r496", "r531", "r544", "r553", "r568" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 4.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of equity (deficit) attributable to parent. Excludes temporary equity and equity attributable to noncontrolling interest.", "label": "Equity, Attributable to Parent", "periodEndLabel": "Ending balance, value", "periodStartLabel": "Beginning balance, value", "totalLabel": "Total Shareholders\u2019 Equity (Deficit)" } } }, "localname": "StockholdersEquity", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/StatementsOfChangesInStockholdersEquityDeficit" ], "xbrltype": "monetaryItemType" }, "us-gaap_StockholdersEquityAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Shareholders\u2019 Equity (Deficit):" } } }, "localname": "StockholdersEquityAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets" ], "xbrltype": "stringItemType" }, "us-gaap_StockholdersEquityNoteDisclosureTextBlock": { "auth_ref": [ "r77", "r121", "r234", "r236", "r238", "r239", "r240", "r241", "r242", "r243", "r244", "r245", "r246", "r248", "r251", "r292", "r446", "r448", "r461" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for equity.", "label": "SHAREHOLDERS\u2019 EQUITY (DEFICIT)" } } }, "localname": "StockholdersEquityNoteDisclosureTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ShareholdersEquityDeficit" ], "xbrltype": "textBlockItemType" }, "us-gaap_SubsequentEventsAbstract": { "auth_ref": [], "lang": { "en-us": { "role": { "label": "Subsequent Events [Abstract]" } } }, "localname": "SubsequentEventsAbstract", "nsuri": "http://fasb.org/us-gaap/2023", "xbrltype": "stringItemType" }, "us-gaap_SubsequentEventsTextBlock": { "auth_ref": [ "r314", "r315" ], "lang": { "en-us": { "role": { "documentation": "The entire disclosure for significant events or transactions that occurred after the balance sheet date through the date the financial statements were issued or the date the financial statements were available to be issued. Examples include: the sale of a capital stock issue, purchase of a business, settlement of litigation, catastrophic loss, significant foreign exchange rate changes, loans to insiders or affiliates, and transactions not in the ordinary course of business.", "label": "SUBSEQUENT EVENTS" } } }, "localname": "SubsequentEventsTextBlock", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SubsequentEvents" ], "xbrltype": "textBlockItemType" }, "us-gaap_SubsidiaryOrEquityMethodInvesteeSaleOfStockBySubsidiaryOrEquityInvesteeTable": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Different names of stock transactions and the different attributes of each transaction.", "label": "Subsidiary or Equity Method Investee, Sale of Stock by Subsidiary or Equity Investee [Table]" } } }, "localname": "SubsidiaryOrEquityMethodInvesteeSaleOfStockBySubsidiaryOrEquityInvesteeTable", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/PrivatePlacementDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_SubsidiarySaleOfStockAxis": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Information by type of sale of the entity's stock.", "label": "Sale of Stock [Axis]" } } }, "localname": "SubsidiarySaleOfStockAxis", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative", "http://ponocapthree.com/role/InitialPublicOfferingDetailsNarrative", "http://ponocapthree.com/role/PrivatePlacementDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative", "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_SubsidiarySaleOfStockLineItems": { "auth_ref": [], "lang": { "en-us": { "role": { "documentation": "Line items represent financial concepts included in a table. These concepts are used to disclose reportable information associated with domain members defined in one or many axes to the table.", "label": "Subsidiary, Sale of Stock [Line Items]" } } }, "localname": "SubsidiarySaleOfStockLineItems", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/PrivatePlacementDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_TaxesPayableCurrentAndNoncurrent": { "auth_ref": [ "r57", "r89", "r564" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying value as of the balance sheet date of obligations incurred and payable for statutory income, sales, use, payroll, excise, real, property and other taxes.", "label": "Taxes payable and less interest to pay dissolution expenses" } } }, "localname": "TaxesPayableCurrentAndNoncurrent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/DescriptionOfOrganizationBusinessOperationsAndGoingConcernDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_TemporaryEquityCarryingAmountAttributableToParent": { "auth_ref": [ "r207", "r209", "r210", "r211", "r215", "r216", "r268", "r354" ], "calculation": { "http://ponocapthree.com/role/BalanceSheets": { "order": 3.0, "parentTag": "us-gaap_LiabilitiesAndStockholdersEquity", "weight": 1.0 } }, "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Carrying amount, attributable to parent, of an entity's issued and outstanding stock which is not included within permanent equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. Includes stock with a put option held by an ESOP and stock redeemable by a holder only in the event of a change in control of the issuer.", "label": "Class A ordinary shares subject to possible redemption, $0.0001 par value, 11,500,000 shares at redemption value of $10.30 and $0 per share as of March 31, 2023 and December 31, 2022, respectively", "periodEndLabel": "Class A ordinary shares subject to possible redemption", "verboseLabel": "Temporary equity" } } }, "localname": "TemporaryEquityCarryingAmountAttributableToParent", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheets", "http://ponocapthree.com/role/ScheduleOfRedeemableClassCommonStockDetails", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_TemporaryEquityParOrStatedValuePerShare": { "auth_ref": [ "r9", "r27" ], "lang": { "en-us": { "role": { "documentation": "Per share amount of par value or stated value of stock classified as temporary equity. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable.", "label": "Temporary equity, par value" } } }, "localname": "TemporaryEquityParOrStatedValuePerShare", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheetsParenthetical" ], "xbrltype": "perShareItemType" }, "us-gaap_TemporaryEquityRedemptionPricePerShare": { "auth_ref": [ "r9", "r27" ], "lang": { "en-us": { "role": { "documentation": "Amount to be paid per share that is classified as temporary equity by entity upon redemption. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer.", "label": "Redemption value per share", "verboseLabel": "Redemption price per share" } } }, "localname": "TemporaryEquityRedemptionPricePerShare", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheetsParenthetical", "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "perShareItemType" }, "us-gaap_TemporaryEquitySharesAuthorized": { "auth_ref": [ "r58" ], "lang": { "en-us": { "role": { "documentation": "The maximum number of securities classified as temporary equity that are permitted to be issued by an entity's charter and bylaws. Temporary equity is a security with redemption features that are outside the control of the issuer, is not classified as an asset or liability in conformity with GAAP, and is not mandatorily redeemable. Includes any type of security that is redeemable at a fixed or determinable price or on a fixed or determinable date or dates, is redeemable at the option of the holder, or has conditions for redemption which are not solely within the control of the issuer. If convertible, the issuer does not control the actions or events necessary to issue the maximum number of shares that could be required to be delivered under the conversion option if the holder exercises the option to convert the stock to another class of equity. If the security is a warrant or a rights issue, the warrant or rights issue is considered to be temporary equity if the issuer cannot demonstrate that it would be able to deliver upon the exercise of the option by the holder in all cases. Includes stock with put option held by ESOP and stock redeemable by holder only in the event of a change in control of the issuer.", "label": "Temporary equity, shares authorized" } } }, "localname": "TemporaryEquitySharesAuthorized", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/BalanceSheetsParenthetical" ], "xbrltype": "sharesItemType" }, "us-gaap_TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain": { "auth_ref": [ "r158", "r159", "r160", "r161", "r162", "r163", "r164", "r165", "r166", "r167", "r168", "r169", "r170", "r171", "r172", "r173", "r174", "r175", "r176", "r177", "r178", "r179", "r180", "r181", "r182", "r183", "r184", "r185", "r186", "r187", "r233", "r247", "r291", "r316", "r317", "r318", "r319", "r320", "r321", "r322", "r323", "r324", "r325", "r326", "r327", "r328", "r329", "r330", "r331", "r332", "r333", "r334", "r335", "r336", "r337", "r338", "r339", "r340", "r341", "r342", "r343", "r344", "r345", "r358", "r518", "r519", "r520", "r521", "r522", "r523", "r524", "r540", "r541", "r542", "r543" ], "lang": { "en-us": { "role": { "documentation": "Instrument or contract that imposes a contractual obligation to deliver cash or another financial instrument or to exchange other financial instruments on potentially unfavorable terms and conveys a contractual right to receive cash or another financial instrument or to exchange other financial instruments on potentially favorable terms." } } }, "localname": "TransfersAndServicingOfFinancialInstrumentsTypesOfFinancialInstrumentsDomain", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails" ], "xbrltype": "domainItemType" }, "us-gaap_TypeOfArrangementAxis": { "auth_ref": [ "r280" ], "lang": { "en-us": { "role": { "documentation": "Information by collaborative arrangement and arrangement other than collaborative applicable to revenue-generating activity or operations.", "label": "Collaborative Arrangement and Arrangement Other than Collaborative [Axis]" } } }, "localname": "TypeOfArrangementAxis", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/CommitmentsAndContingenciesDetailsNarrative", "http://ponocapthree.com/role/RelatedPartyTransactionsDetailsNarrative" ], "xbrltype": "stringItemType" }, "us-gaap_USTreasurySecuritiesMember": { "auth_ref": [ "r466", "r478", "r480", "r563" ], "lang": { "en-us": { "role": { "documentation": "This category includes information about debt securities issued by the United States Department of the Treasury and backed by the United States government. Such securities primarily consist of treasury bills (short-term maturities - one year or less), treasury notes (intermediate term maturities - two to ten years), and treasury bonds (long-term maturities - ten to thirty years).", "label": "US Treasury Securities [Member]" } } }, "localname": "USTreasurySecuritiesMember", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfFinancialAssetsMeasuredAtFairValueOnRecurringBasisDetails" ], "xbrltype": "domainItemType" }, "us-gaap_UnrecognizedTaxBenefits": { "auth_ref": [ "r269", "r272" ], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Amount of unrecognized tax benefits.", "label": "Unrecognized tax benefits" } } }, "localname": "UnrecognizedTaxBenefits", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_UseOfEstimates": { "auth_ref": [ "r24", "r25", "r26", "r94", "r95", "r97", "r98" ], "lang": { "en-us": { "role": { "documentation": "Disclosure of accounting policy for the use of estimates in the preparation of financial statements in conformity with generally accepted accounting principles.", "label": "Use of Estimates" } } }, "localname": "UseOfEstimates", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/SummaryOfSignificantAccountingPoliciesPolicies" ], "xbrltype": "textBlockItemType" }, "us-gaap_WarrantsAndRightsOutstanding": { "auth_ref": [], "crdr": "credit", "lang": { "en-us": { "role": { "documentation": "Value of outstanding derivative securities that permit the holder the right to purchase securities (usually equity) from the issuer at a specified price.", "label": "Public warrants" } } }, "localname": "WarrantsAndRightsOutstanding", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ShareholdersEquityDeficitDetailsNarrative" ], "xbrltype": "monetaryItemType" }, "us-gaap_WeightedAverageNumberOfSharesOutstandingBasic": { "auth_ref": [ "r140", "r146" ], "lang": { "en-us": { "role": { "documentation": "Number of [basic] shares or units, after adjustment for contingently issuable shares or units and other shares or units not deemed outstanding, determined by relating the portion of time within a reporting period that common shares or units have been outstanding to the total time in that period.", "label": "Basic and diluted weighted average shares outstanding, Class B ordinary shares", "verboseLabel": "Weighted average ordinary shares" } } }, "localname": "WeightedAverageNumberOfSharesOutstandingBasic", "nsuri": "http://fasb.org/us-gaap/2023", "presentation": [ "http://ponocapthree.com/role/ScheduleOfOfBasicAndDilutedNetIncomePerShareDetails", "http://ponocapthree.com/role/StatementsOfOperations" ], "xbrltype": "sharesItemType" } }, "unitCount": 4 } }, "std_ref": { "r0": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "230", "Topic": "830", "URI": "https://asc.fasb.org//1943274/2147481877/830-230-45-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r1": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482740/230-10-45-14", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r10": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(22))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r100": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "105", "URI": "https://asc.fasb.org//1943274/2147479343/105-10-65-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r101": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "205", "URI": "https://asc.fasb.org//1943274/2147483499/205-20-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r102": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147483467/210-10-45-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r103": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147483467/210-10-45-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r104": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(18))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r105": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(19)(a)(5))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r106": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(27)(b))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r107": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(28))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r108": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(29))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r109": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(7))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r11": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19(a))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r110": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(9))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r111": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "https://asc.fasb.org//1943274/2147482790/220-10-45-1A", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r112": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "220", "URI": "https://asc.fasb.org//1943274/2147482790/220-10-45-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r113": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "220", "URI": "https://asc.fasb.org//1943274/2147482765/220-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r114": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "220", "URI": "https://asc.fasb.org//1943274/2147482765/220-10-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r115": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "220", "URI": "https://asc.fasb.org//1943274/2147482765/220-10-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r116": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "220", "URI": "https://asc.fasb.org//1943274/2147482765/220-10-50-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r117": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(25))", "Topic": "220", "URI": "https://asc.fasb.org//1943274/2147483621/220-10-S99-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r118": { "Name": "Accounting Standards Codification", "Paragraph": "24", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482740/230-10-45-24", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r119": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482913/230-10-50-8", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r12": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.19-26)", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r120": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147483426/235-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r121": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(e)(1))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r122": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(g)(1)(ii))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r123": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(k)(1))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r124": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(k)(2))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r125": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(n))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r126": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.12-04(a))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r127": { "Name": "Accounting Standards Codification", "Paragraph": "23", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483421/250-10-45-23", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r128": { "Name": "Accounting Standards Codification", "Paragraph": "24", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483421/250-10-45-24", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r129": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483421/250-10-45-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r13": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.20)", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r130": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(2)", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483443/250-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r131": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)(3)", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483443/250-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r132": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483443/250-10-50-11", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r133": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483443/250-10-50-11", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r134": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483443/250-10-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r135": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483443/250-10-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r136": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483443/250-10-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r137": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483443/250-10-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r138": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483443/250-10-50-8", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r139": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483443/250-10-50-9", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r14": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.21)", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r140": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482689/260-10-45-10", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r141": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482689/260-10-45-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r142": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482689/260-10-45-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r143": { "Name": "Accounting Standards Codification", "Paragraph": "60B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482689/260-10-45-60B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r144": { "Name": "Accounting Standards Codification", "Paragraph": "60B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482689/260-10-45-60B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r145": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482689/260-10-45-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r146": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482662/260-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r147": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482635/260-10-55-15", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r148": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "272", "URI": "https://asc.fasb.org//1943274/2147483014/272-10-45-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r149": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "272", "URI": "https://asc.fasb.org//1943274/2147482987/272-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r15": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.22)", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r150": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "272", "URI": "https://asc.fasb.org//1943274/2147482987/272-10-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r151": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "https://asc.fasb.org//1943274/2147482810/280-10-50-22", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r152": { "Name": "Accounting Standards Codification", "Paragraph": "22", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "280", "URI": "https://asc.fasb.org//1943274/2147482810/280-10-50-22", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r153": { "Name": "Accounting Standards Codification", "Paragraph": "30", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "280", "URI": "https://asc.fasb.org//1943274/2147482810/280-10-50-30", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r154": { "Name": "Accounting Standards Codification", "Paragraph": "30", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "280", "URI": "https://asc.fasb.org//1943274/2147482810/280-10-50-30", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r155": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "280", "URI": "https://asc.fasb.org//1943274/2147482810/280-10-50-32", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r156": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "280", "URI": "https://asc.fasb.org//1943274/2147482810/280-10-50-32", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r157": { "Name": "Accounting Standards Codification", "Paragraph": "32", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "280", "URI": "https://asc.fasb.org//1943274/2147482810/280-10-50-32", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r158": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r159": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r16": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.25)", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r160": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(aa)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r161": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(aaa)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r162": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r163": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r164": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r165": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r166": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r167": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r168": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r169": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r17": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02.29-31)", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r170": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r171": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r172": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(aaa)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r173": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r174": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r175": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r176": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(1)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r177": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(2)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r178": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(3)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r179": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(4)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r18": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482740/230-10-45-15", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r180": { "Name": "Accounting Standards Codification", "Paragraph": "5A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5A", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r181": { "Name": "Accounting Standards Codification", "Paragraph": "5A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5A", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r182": { "Name": "Accounting Standards Codification", "Paragraph": "5A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5A", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r183": { "Name": "Accounting Standards Codification", "Paragraph": "5B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r184": { "Name": "Accounting Standards Codification", "Paragraph": "5B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r185": { "Name": "Accounting Standards Codification", "Paragraph": "5B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r186": { "Name": "Accounting Standards Codification", "Paragraph": "5B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r187": { "Name": "Accounting Standards Codification", "Paragraph": "5B", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-5B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r188": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "323", "URI": "https://asc.fasb.org//1943274/2147481687/323-10-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r189": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "326", "URI": "https://asc.fasb.org//1943274/2147479654/326-10-65-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r19": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482740/230-10-45-15", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r190": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(c)(2)", "Topic": "326", "URI": "https://asc.fasb.org//1943274/2147479654/326-10-65-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r191": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "https://asc.fasb.org//1943274/2147479319/326-20-50-11", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r192": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "https://asc.fasb.org//1943274/2147479319/326-20-50-13", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r193": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "https://asc.fasb.org//1943274/2147479319/326-20-50-14", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r194": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "https://asc.fasb.org//1943274/2147479319/326-20-50-16", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r195": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "326", "URI": "https://asc.fasb.org//1943274/2147479319/326-20-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r196": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "https://asc.fasb.org//1943274/2147479106/326-30-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r197": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "https://asc.fasb.org//1943274/2147479106/326-30-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r198": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "326", "URI": "https://asc.fasb.org//1943274/2147479106/326-30-50-9", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r199": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "05", "SubTopic": "10", "Topic": "340", "URI": "https://asc.fasb.org//1943274/2147482955/340-10-05-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r2": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(g)", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482740/230-10-45-25", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r20": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482740/230-10-45-4", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r200": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "340", "URI": "https://asc.fasb.org//1943274/2147483032/340-10-45-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r201": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "440", "URI": "https://asc.fasb.org//1943274/2147482648/440-10-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r202": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "440", "URI": "https://asc.fasb.org//1943274/2147482648/440-10-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r203": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "450", "URI": "https://asc.fasb.org//1943274/2147483076/450-20-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r204": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "450", "URI": "https://asc.fasb.org//1943274/2147483076/450-20-50-9", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r205": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "20", "Subparagraph": "(SAB Topic 5.Y.Q2)", "Topic": "450", "URI": "https://asc.fasb.org//1943274/2147480102/450-20-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r206": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "20", "Subparagraph": "(SAB Topic 5.Y.Q4)", "Topic": "450", "URI": "https://asc.fasb.org//1943274/2147480102/450-20-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r207": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(4)(i))", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147480097/470-10-S99-1A", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r208": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(4)(iii)(A))", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147480097/470-10-S99-1A", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r209": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(4)(iv))", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147480097/470-10-S99-1A", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r21": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482913/230-10-50-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r210": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(5))", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147480097/470-10-S99-1A", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r211": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-02(a)(4)(i))", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147480097/470-10-S99-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r212": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-02(a)(4)(iii)(A))", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147480097/470-10-S99-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r213": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-02(a)(4)(iii)(B))", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147480097/470-10-S99-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r214": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-02(a)(4)(iii)(C))", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147480097/470-10-S99-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r215": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-02(a)(4)(iv))", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147480097/470-10-S99-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r216": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-02(a)(5))", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147480097/470-10-S99-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r217": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r218": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r219": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r22": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482662/260-10-50-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r220": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(e)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r221": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(f)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r222": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(h)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r223": { "Name": "Accounting Standards Codification", "Paragraph": "1D", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1D", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r224": { "Name": "Accounting Standards Codification", "Paragraph": "1D", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1D", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r225": { "Name": "Accounting Standards Codification", "Paragraph": "1D", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1D", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r226": { "Name": "Accounting Standards Codification", "Paragraph": "1E", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1E", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r227": { "Name": "Accounting Standards Codification", "Paragraph": "1E", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1E", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r228": { "Name": "Accounting Standards Codification", "Paragraph": "1E", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1E", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r229": { "Name": "Accounting Standards Codification", "Paragraph": "1F", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1F", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r23": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482662/260-10-50-2", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r230": { "Name": "Accounting Standards Codification", "Paragraph": "1F", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1F", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r231": { "Name": "Accounting Standards Codification", "Paragraph": "1F", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(1)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1F", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r232": { "Name": "Accounting Standards Codification", "Paragraph": "1F", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(2)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1F", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r233": { "Name": "Accounting Standards Codification", "Paragraph": "1I", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1I", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r234": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-13", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r235": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-13", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r236": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-13", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r237": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-13", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r238": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(g)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-13", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r239": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(h)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-13", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r24": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "https://asc.fasb.org//1943274/2147482861/275-10-50-4", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r240": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(i)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-13", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r241": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-14", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r242": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-14", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r243": { "Name": "Accounting Standards Codification", "Paragraph": "14", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-14", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r244": { "Name": "Accounting Standards Codification", "Paragraph": "16", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-16", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r245": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-18", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r246": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-18", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r247": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-18", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r248": { "Name": "Accounting Standards Codification", "Paragraph": "18", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-18", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r249": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r25": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "https://asc.fasb.org//1943274/2147482861/275-10-50-8", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r250": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r251": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3-04)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147480008/505-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r252": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(i)", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480506/715-20-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r253": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(01)", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480506/715-20-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r254": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(02)", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480506/715-20-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r255": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(02)(A)", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480506/715-20-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r256": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(02)(B)", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480506/715-20-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r257": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(02)(C)", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480506/715-20-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r258": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(03)", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480506/715-20-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r259": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(d)", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480576/715-80-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r26": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "https://asc.fasb.org//1943274/2147482861/275-10-50-9", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r260": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)(iv)(02)", "Topic": "718", "URI": "https://asc.fasb.org//1943274/2147480429/718-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r261": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)(1)(iv)(03)", "Topic": "718", "URI": "https://asc.fasb.org//1943274/2147480429/718-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r262": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(2)(ii)", "Topic": "718", "URI": "https://asc.fasb.org//1943274/2147480429/718-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r263": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(2)(iii)", "Topic": "718", "URI": "https://asc.fasb.org//1943274/2147480429/718-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r264": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)(2)(iv)", "Topic": "718", "URI": "https://asc.fasb.org//1943274/2147480429/718-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r265": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(e)", "Topic": "718", "URI": "https://asc.fasb.org//1943274/2147480336/718-10-65-15", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r266": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(f)(1)", "Topic": "718", "URI": "https://asc.fasb.org//1943274/2147480336/718-10-65-15", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r267": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(f)(2)", "Topic": "718", "URI": "https://asc.fasb.org//1943274/2147480336/718-10-65-15", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r268": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 14.E.Q2)", "Topic": "718", "URI": "https://asc.fasb.org//1943274/2147479830/718-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r269": { "Name": "Accounting Standards Codification", "Paragraph": "10B", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "https://asc.fasb.org//1943274/2147482525/740-10-45-10B", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r27": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Topic": "480", "URI": "https://asc.fasb.org//1943274/2147480244/480-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r270": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "https://asc.fasb.org//1943274/2147482525/740-10-45-25", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r271": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "740", "URI": "https://asc.fasb.org//1943274/2147482525/740-10-45-28", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r272": { "Name": "Accounting Standards Codification", "Paragraph": "15A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "740", "URI": "https://asc.fasb.org//1943274/2147482685/740-10-50-15A", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r273": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "740", "URI": "https://asc.fasb.org//1943274/2147482685/740-10-50-17", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r274": { "Name": "Accounting Standards Codification", "Paragraph": "19", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "https://asc.fasb.org//1943274/2147482685/740-10-50-19", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r275": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "https://asc.fasb.org//1943274/2147482685/740-10-50-20", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r276": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "740", "URI": "https://asc.fasb.org//1943274/2147482685/740-10-50-9", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r277": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(d)(2)", "Topic": "740", "URI": "https://asc.fasb.org//1943274/2147482615/740-10-65-8", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r278": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(d)(3)", "Topic": "740", "URI": "https://asc.fasb.org//1943274/2147482615/740-10-65-8", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r279": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(a)", "Topic": "805", "URI": "https://asc.fasb.org//1943274/2147479907/805-20-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r28": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(CFRR 211.02)", "Topic": "480", "URI": "https://asc.fasb.org//1943274/2147480244/480-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r280": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "808", "URI": "https://asc.fasb.org//1943274/2147479402/808-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r281": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "810", "URI": "https://asc.fasb.org//1943274/2147481231/810-10-45-25", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r282": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "810", "URI": "https://asc.fasb.org//1943274/2147481231/810-10-45-25", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r283": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(bb)", "Topic": "810", "URI": "https://asc.fasb.org//1943274/2147481203/810-10-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r284": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "810", "URI": "https://asc.fasb.org//1943274/2147481203/810-10-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r285": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "65", "SubTopic": "20", "Subparagraph": "(e)", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480528/815-20-65-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r286": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "65", "SubTopic": "20", "Subparagraph": "(h)(1)", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480528/815-20-65-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r287": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "65", "SubTopic": "20", "Subparagraph": "(h)(1)(i)", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480528/815-20-65-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r288": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "65", "SubTopic": "20", "Subparagraph": "(h)(1)(iii)", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480528/815-20-65-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r289": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "65", "SubTopic": "20", "Subparagraph": "(h)(1)(iv)", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480528/815-20-65-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r29": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481142/505-10-45-2", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r290": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "65", "SubTopic": "20", "Subparagraph": "(i)(3)", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480528/815-20-65-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r291": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Subparagraph": "(f)", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480237/815-40-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r292": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Subparagraph": "(a)", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480237/815-40-50-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r293": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(e)(3)", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480175/815-40-65-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r294": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(e)(4)", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480175/815-40-65-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r295": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(f)", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480175/815-40-65-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r296": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "820", "URI": "https://asc.fasb.org//1943274/2147482106/820-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r297": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "825", "URI": "https://asc.fasb.org//1943274/2147482907/825-10-50-28", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r298": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "830", "URI": "https://asc.fasb.org//1943274/2147481694/830-30-45-17", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r299": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(a)", "Topic": "830", "URI": "https://asc.fasb.org//1943274/2147481694/830-30-45-20", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r3": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482740/230-10-45-28", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r30": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-10", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r300": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(b)", "Topic": "830", "URI": "https://asc.fasb.org//1943274/2147481694/830-30-45-20", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r301": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(c)", "Topic": "830", "URI": "https://asc.fasb.org//1943274/2147481694/830-30-45-20", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r302": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Subparagraph": "(d)", "Topic": "830", "URI": "https://asc.fasb.org//1943274/2147481694/830-30-45-20", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r303": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "830", "URI": "https://asc.fasb.org//1943274/2147481674/830-30-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r304": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Topic": "835", "URI": "https://asc.fasb.org//1943274/2147482900/835-30-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r305": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "10", "Subparagraph": "(a)(3)(iii)(03)", "Topic": "848", "URI": "https://asc.fasb.org//1943274/2147483550/848-10-65-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r306": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "850", "URI": "https://asc.fasb.org//850/tableOfContent", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r307": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "850", "URI": "https://asc.fasb.org//1943274/2147483326/850-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r308": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "850", "URI": "https://asc.fasb.org//1943274/2147483326/850-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r309": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "850", "URI": "https://asc.fasb.org//1943274/2147483326/850-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r31": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-3", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r310": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "850", "URI": "https://asc.fasb.org//1943274/2147483326/850-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r311": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "https://asc.fasb.org//1943274/2147483326/850-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r312": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "https://asc.fasb.org//1943274/2147483326/850-10-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r313": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "https://asc.fasb.org//1943274/2147483326/850-10-50-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r314": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "855", "URI": "https://asc.fasb.org//855/tableOfContent", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r315": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "855", "URI": "https://asc.fasb.org//1943274/2147483399/855-10-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r316": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(2)(i)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r317": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(2)(ii)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r318": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(3)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r319": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(1)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r32": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-4", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r320": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(2)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r321": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(bb)(3)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r322": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(1)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r323": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(2)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r324": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(3)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r325": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(1)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r326": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(2)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r327": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(3)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r328": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r329": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481444/860-30-45-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r33": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-5", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r330": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(a)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481420/860-30-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r331": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(1)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r332": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(2)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r333": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(3)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r334": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(4)(i)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r335": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(1)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r336": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(2)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r337": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(3)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r338": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(4)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r339": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(5)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r34": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-8", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r340": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(6)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r341": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(a)(7)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r342": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(b)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r343": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(e)(1)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r344": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(e)(2)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r345": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "50", "Subparagraph": "(e)(3)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481229/860-50-50-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r346": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "910", "URI": "https://asc.fasb.org//1943274/2147482546/910-10-50-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r347": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 11.L)", "Topic": "924", "URI": "https://asc.fasb.org//1943274/2147479941/924-10-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r348": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(27))", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147483589/942-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r349": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(12))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147479440/944-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r35": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB TOPIC 4.F)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147480008/505-10-S99-5", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r350": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(19))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147479440/944-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r351": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(2))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147479440/944-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r352": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(21))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147479440/944-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r353": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(22))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147479440/944-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r354": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(23)(a)(1))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147479440/944-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r355": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(23)(a)(4))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147479440/944-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r356": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(25))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147479440/944-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r357": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(18))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147483586/944-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r358": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(2)(a))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147483586/944-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r359": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.7-04(23))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147483586/944-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r36": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "805", "URI": "https://asc.fasb.org//1943274/2147479328/805-10-50-2", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r360": { "Name": "Accounting Standards Codification", "Paragraph": "7A", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Subparagraph": "(d)", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147480081/944-40-50-7A", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r361": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(e)", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147480016/944-40-65-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r362": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(f)(1)", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147480016/944-40-65-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r363": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(f)(2)", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147480016/944-40-65-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r364": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(g)(2)(i)", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147480016/944-40-65-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r365": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(h)(2)", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147480016/944-40-65-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r366": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.6-03(d))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479886/946-10-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r367": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.6-03(h)(1))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479886/946-10-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r368": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.6-03(i)(1))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479886/946-10-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r369": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.6-03(i)(2)(i))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479886/946-10-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r37": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "805", "URI": "https://asc.fasb.org//1943274/2147479328/805-10-50-2", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r370": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.6-03(i)(2)(ii))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479886/946-10-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r371": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.6-03(i)(2))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479886/946-10-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r372": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480990/946-20-50-11", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r373": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480990/946-20-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r374": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480990/946-20-50-5", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r375": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480990/946-20-50-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r376": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "205", "Subparagraph": "(a)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480767/946-205-45-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r377": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "205", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480737/946-205-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r378": { "Name": "Accounting Standards Codification", "Paragraph": "27", "Publisher": "FASB", "Section": "50", "SubTopic": "205", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480737/946-205-50-27", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r379": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "205", "Subparagraph": "(a)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480737/946-205-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r38": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "805", "URI": "https://asc.fasb.org//1943274/2147479328/805-10-50-3", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r380": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "205", "Subparagraph": "(b)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480737/946-205-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r381": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "205", "Subparagraph": "(c)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480737/946-205-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r382": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "205", "Subparagraph": "(d)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480737/946-205-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r383": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "205", "Subparagraph": "(e)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480737/946-205-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r384": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "205", "Subparagraph": "(f)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480737/946-205-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r385": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "205", "Subparagraph": "(g)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480737/946-205-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r386": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "205", "Subparagraph": "(h)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480737/946-205-50-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r387": { "Name": "Accounting Standards Codification", "Paragraph": "21", "Publisher": "FASB", "Section": "45", "SubTopic": "210", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480555/946-210-45-21", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r388": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "210", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480555/946-210-45-4", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r389": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "210", "Subparagraph": "(e)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480524/946-210-50-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r39": { "Name": "Accounting Standards Codification", "Paragraph": "37", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "805", "URI": "https://asc.fasb.org//1943274/2147479303/805-10-55-37", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r390": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "210", "Subparagraph": "(f)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480524/946-210-50-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r391": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(1))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r392": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(12)(b)(1))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r393": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(12)(b)(2))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r394": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(12)(b)(3))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r395": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(13)(a)(2))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r396": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(13)(a)(3))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r397": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(14))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r398": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(15))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r399": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(16)(a))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r4": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "360", "URI": "https://asc.fasb.org//1943274/2147482099/360-10-50-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r40": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)", "Topic": "805", "URI": "https://asc.fasb.org//1943274/2147479907/805-20-50-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r400": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(17))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r401": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(19))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r402": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(2)(a))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r403": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(2)(b))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r404": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(3)(a))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r405": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(3)(b))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r406": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(3)(c))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r407": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(4))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r408": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(6)(b))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r409": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(6)(c))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r41": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480434/815-10-50-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r410": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(6)(d))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r411": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(6)(e))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r412": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(8))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r413": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(9)(b))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r414": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(9)(c))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r415": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(9)(d))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r416": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(9)(e))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r417": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-05(2))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r418": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-05(4))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r419": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "220", "Subparagraph": "(b)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483581/946-220-45-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r42": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480434/815-10-50-1A", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r420": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "45", "SubTopic": "220", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483581/946-220-45-7", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r421": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "220", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483580/946-220-50-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r422": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(1))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r423": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(2)(a))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r424": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(2)(c)(2)(i))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r425": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(2)(c)(2)(ii))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r426": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(2)(c))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r427": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(2)(e))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r428": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(2)(g)(3))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r429": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(7)(a)(1))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r43": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480434/815-10-50-4", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r430": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(7)(a)(2))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r431": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(7)(a)(3))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r432": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(7)(a)(5))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r433": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(7)(a)(6))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r434": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(7)(a)(7))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r435": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(7)(c)(1))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r436": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(7)(c)(2))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r437": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(7)(c)(3))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r438": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(7)(c)(5))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r439": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(7)(c)(6))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r44": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480434/815-10-50-7", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r440": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(7)(c)(7))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r441": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-07(9))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r442": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-09(1)(d))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r443": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-09(4)(b))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r444": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-09(6))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r445": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-09(7))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r446": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(a)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147481062/946-235-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r447": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(c)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147481062/946-235-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r448": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(d)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147481062/946-235-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r449": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "235", "Subparagraph": "(e)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147481062/946-235-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r45": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "820", "URI": "https://asc.fasb.org//1943274/2147482106/820-10-50-2", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r450": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "310", "Subparagraph": "(d)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480833/946-310-45-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r451": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12(Column A)(Footnote 2))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480032/946-320-S99-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r452": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12A(Column A)(Footnote 2))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480032/946-320-S99-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r453": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12B(Column A)(Footnote 4)(a))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480032/946-320-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r454": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12B(Column A)(Footnote 4)(b))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480032/946-320-S99-3", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r455": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-14(Column A)(Footnote 2))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480032/946-320-S99-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r456": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "505", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147481004/946-505-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r457": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "505", "Subparagraph": "(a)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147481004/946-505-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r458": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "505", "Subparagraph": "(b)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147481004/946-505-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r459": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "505", "Subparagraph": "(c)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147481004/946-505-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r46": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "https://asc.fasb.org//1943274/2147482907/825-10-50-11", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r460": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "505", "Subparagraph": "(d)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147481004/946-505-50-2", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r461": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "505", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147481004/946-505-50-6", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r462": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "440", "Subparagraph": "(a)", "Topic": "954", "URI": "https://asc.fasb.org//1943274/2147480327/954-440-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r463": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "310", "Subparagraph": "(c)", "Topic": "976", "URI": "https://asc.fasb.org//1943274/2147482856/976-310-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r464": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "310", "Subparagraph": "(b)", "Topic": "978", "URI": "https://asc.fasb.org//1943274/2147482707/978-310-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r465": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(g)", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147483467/210-10-45-1", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r466": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(m)(1)(ii)(A))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-1", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r467": { "Name": "Accounting Standards Codification", "Paragraph": "52", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482635/260-10-55-52", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r468": { "Name": "Accounting Standards Codification", "Paragraph": "30", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "280", "URI": "https://asc.fasb.org//1943274/2147482810/280-10-50-30", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r469": { "Name": "Accounting Standards Codification", "Paragraph": "31", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "280", "URI": "https://asc.fasb.org//1943274/2147482810/280-10-50-31", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r47": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "45", "SubTopic": "30", "Topic": "835", "URI": "https://asc.fasb.org//1943274/2147482925/835-30-45-2", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r470": { "Name": "Accounting Standards Codification", "Paragraph": "12A", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "310", "URI": "https://asc.fasb.org//1943274/2147481933/310-10-55-12A", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r471": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "30", "Topic": "326", "URI": "https://asc.fasb.org//1943274/2147479081/326-30-55-8", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r472": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1B", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r473": { "Name": "Accounting Standards Codification", "Paragraph": "69B", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481568/470-20-55-69B", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r474": { "Name": "Accounting Standards Codification", "Paragraph": "69C", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481568/470-20-55-69C", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r475": { "Name": "Accounting Standards Codification", "Paragraph": "69E", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481568/470-20-55-69E", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r476": { "Name": "Accounting Standards Codification", "Paragraph": "69F", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481568/470-20-55-69F", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r477": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-13", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r478": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(ii)", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480506/715-20-50-1", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r479": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)(iv)(01)", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480506/715-20-50-1", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r48": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "30", "Topic": "835", "URI": "https://asc.fasb.org//1943274/2147482949/835-30-55-8", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r480": { "Name": "Accounting Standards Codification", "Paragraph": "17", "Publisher": "FASB", "Section": "55", "SubTopic": "20", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480482/715-20-55-17", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r481": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(a)", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480576/715-80-50-11", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r482": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "80", "Subparagraph": "(a)", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480576/715-80-50-6", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r483": { "Name": "Accounting Standards Codification", "Paragraph": "8", "Publisher": "FASB", "Section": "55", "SubTopic": "80", "Topic": "715", "URI": "https://asc.fasb.org//1943274/2147480547/715-80-55-8", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r484": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "55", "SubTopic": "10", "Topic": "852", "URI": "https://asc.fasb.org//1943274/2147481372/852-10-55-10", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r485": { "Name": "Accounting Standards Codification", "Paragraph": "29F", "Publisher": "FASB", "Section": "55", "SubTopic": "40", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147480046/944-40-55-29F", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r486": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "210", "Subparagraph": "(b)(1)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480524/946-210-50-1", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r487": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "210", "Subparagraph": "(a)(1)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480524/946-210-50-6", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r488": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "55", "SubTopic": "210", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480493/946-210-55-1", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r489": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "45", "SubTopic": "310", "Subparagraph": "(d)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480833/946-310-45-1", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r49": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "https://asc.fasb.org//1943274/2147483326/850-10-50-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r490": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12(Column A)(Footnote 2)(i))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480032/946-320-S99-1", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r491": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12A(Column A)(Footnote 2))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480032/946-320-S99-2", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r492": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-12B(Column A)(Footnote 1)(a))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480032/946-320-S99-3", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r493": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "S99", "SubTopic": "320", "Subparagraph": "(SX 210.12-14(Column A)(Footnote 2))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480032/946-320-S99-6", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r494": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "55", "SubTopic": "830", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480167/946-830-55-10", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r495": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "55", "SubTopic": "830", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480167/946-830-55-11", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r496": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "55", "SubTopic": "830", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480167/946-830-55-12", "role": "http://www.xbrl.org/2003/role/exampleRef" }, "r497": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r498": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r499": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-2", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r5": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "https://asc.fasb.org//1943274/2147482907/825-10-50-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r50": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "https://asc.fasb.org//1943274/2147483326/850-10-50-3", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r500": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "b-23", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r501": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "d1-1", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r502": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12", "Subsection": "g", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r503": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "12, 13, 15d", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r504": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "13e", "Subsection": "4c", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r505": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14d", "Subsection": "2b", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r506": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "15", "Subsection": "d", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r507": { "Name": "Exchange Act", "Number": "240", "Publisher": "SEC", "Section": "14a", "Subsection": "12", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r508": { "Name": "Form 10-K", "Number": "249", "Publisher": "SEC", "Section": "310", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r509": { "Name": "Form 10-Q", "Number": "240", "Publisher": "SEC", "Section": "308", "Subsection": "a", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r51": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.12)", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147479853/942-210-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r510": { "Name": "Form 20-F", "Number": "249", "Publisher": "SEC", "Section": "220", "Subsection": "f", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r511": { "Name": "Form 40-F", "Number": "249", "Publisher": "SEC", "Section": "240", "Subsection": "f", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r512": { "Name": "Forms 10-K, 10-Q, 20-F", "Number": "240", "Publisher": "SEC", "Section": "13", "Subsection": "a-1", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r513": { "Name": "Regulation S-T", "Number": "232", "Publisher": "SEC", "Section": "405", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r514": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "405", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r515": { "Name": "Securities Act", "Number": "230", "Publisher": "SEC", "Section": "425", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r516": { "Name": "Securities Act", "Number": "7A", "Publisher": "SEC", "Section": "B", "Subsection": "2", "role": "http://www.xbrl.org/2003/role/presentationRef" }, "r517": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "272", "URI": "https://asc.fasb.org//1943274/2147483014/272-10-45-3", "role": "http://www.xbrl.org/2003/role/recommendedDisclosureRef" }, "r518": { "Name": "Regulation S-K (SK)", "Number": "229", "Paragraph": "(a)", "Publisher": "SEC", "Section": "1402", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r519": { "Name": "Regulation S-K (SK)", "Number": "229", "Paragraph": "(b)", "Publisher": "SEC", "Section": "1402", "Subparagraph": "(1)", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r52": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03.17)", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147479853/942-210-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r520": { "Name": "Regulation S-K (SK)", "Number": "229", "Paragraph": "(b)", "Publisher": "SEC", "Section": "1402", "Subparagraph": "(2)", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r521": { "Name": "Regulation S-K (SK)", "Number": "229", "Paragraph": "(b)", "Publisher": "SEC", "Section": "1402", "Subparagraph": "(3)", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r522": { "Name": "Regulation S-K (SK)", "Number": "229", "Paragraph": "(c)", "Publisher": "SEC", "Section": "1402", "Subparagraph": "(2)(i)", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r523": { "Name": "Regulation S-K (SK)", "Number": "229", "Paragraph": "(c)", "Publisher": "SEC", "Section": "1402", "Subparagraph": "(2)(ii)", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r524": { "Name": "Regulation S-K (SK)", "Number": "229", "Paragraph": "(c)", "Publisher": "SEC", "Section": "1402", "Subparagraph": "(2)(iii)", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r525": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(1))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r526": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(17))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r527": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(26)(c))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r528": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(b))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r529": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(d))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r53": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "50", "SubTopic": "320", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147480832/942-320-50-5", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r530": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(f))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r531": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(g)(1)(ii))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r532": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(k)(1))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r533": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.4-08(k)(2))", "Topic": "235", "URI": "https://asc.fasb.org//1943274/2147480678/235-10-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r534": { "Name": "Accounting Standards Codification", "Paragraph": "23", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483421/250-10-45-23", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r535": { "Name": "Accounting Standards Codification", "Paragraph": "24", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483421/250-10-45-24", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r536": { "Name": "Accounting Standards Codification", "Paragraph": "5", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "250", "URI": "https://asc.fasb.org//1943274/2147483421/250-10-45-5", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r537": { "Name": "Accounting Standards Codification", "Paragraph": "55", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482689/260-10-45-55", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r538": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "260", "URI": "https://asc.fasb.org//1943274/2147482662/260-10-50-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r539": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "310", "URI": "https://asc.fasb.org//1943274/2147481990/310-10-45-13", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r54": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "825", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147480981/942-825-50-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r540": { "Name": "Accounting Standards Codification", "Paragraph": "9", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "320", "URI": "https://asc.fasb.org//1943274/2147481800/320-10-50-9", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r541": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "321", "URI": "https://asc.fasb.org//1943274/2147479536/321-10-50-3", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r542": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "321", "URI": "https://asc.fasb.org//1943274/2147479536/321-10-50-3", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r543": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "321", "URI": "https://asc.fasb.org//1943274/2147479536/321-10-50-3", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r544": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "323", "URI": "https://asc.fasb.org//1943274/2147481687/323-10-50-3", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r545": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 5.A)", "Topic": "340", "URI": "https://asc.fasb.org//1943274/2147480341/340-10-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r546": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(c)", "Topic": "410", "URI": "https://asc.fasb.org//1943274/2147481931/410-30-50-10", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r547": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "450", "URI": "https://asc.fasb.org//450/tableOfContent", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r548": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(4)(ii))", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147480097/470-10-S99-1A", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r549": { "Name": "Accounting Standards Codification", "Paragraph": "1A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.13-01(a)(4)(iii))", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147480097/470-10-S99-1A", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r55": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "205", "URI": "https://asc.fasb.org//205/tableOfContent", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r550": { "Name": "Accounting Standards Codification", "Paragraph": "1B", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(d)", "Topic": "470", "URI": "https://asc.fasb.org//1943274/2147481139/470-20-50-1B", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r551": { "Name": "Accounting Standards Codification", "Paragraph": "15", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "740", "URI": "https://asc.fasb.org//1943274/2147482685/740-10-50-15", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r552": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "65", "SubTopic": "40", "Subparagraph": "(e)(3)", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480175/815-40-65-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r553": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(f)", "Topic": "825", "URI": "https://asc.fasb.org//1943274/2147482907/825-10-50-28", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r554": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "850", "URI": "https://asc.fasb.org//1943274/2147483326/850-10-50-2", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r555": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(a)", "Topic": "852", "URI": "https://asc.fasb.org//1943274/2147481404/852-10-50-7", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r556": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "852", "URI": "https://asc.fasb.org//1943274/2147481404/852-10-50-7", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r557": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(1)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-3", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r558": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(2)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-3", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r559": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(c)(3)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-3", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r56": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(19))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r560": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(1)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-4", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r561": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(2)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-4", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r562": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "50", "SubTopic": "20", "Subparagraph": "(b)(3)", "Topic": "860", "URI": "https://asc.fasb.org//1943274/2147481326/860-20-50-4", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r563": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "320", "Subparagraph": "(b)", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147480832/942-320-50-2", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r564": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(15)(a))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147479440/944-210-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r565": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.7-03(a)(16)(a)(2))", "Topic": "944", "URI": "https://asc.fasb.org//1943274/2147479440/944-210-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r566": { "Name": "Accounting Standards Codification", "Paragraph": "4", "Publisher": "FASB", "Section": "45", "SubTopic": "205", "Subparagraph": "(a)", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480767/946-205-45-4", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r567": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.6-04(18))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147479617/946-210-S99-1", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r568": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-09(4)(b))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-3", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r569": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.6-09(7))", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147483575/946-220-S99-3", "role": "http://www.xbrl.org/2009/role/commonPracticeRef" }, "r57": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(20))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r58": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(27)(b))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r59": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(28))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r6": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-2", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r60": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(29))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r61": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(1))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r62": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30)(a)(3))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r63": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(30))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r64": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(31))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r65": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-02(32))", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r66": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03(20))", "Topic": "220", "URI": "https://asc.fasb.org//1943274/2147483621/220-10-S99-2", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r67": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.5-03.7(b))", "Topic": "220", "URI": "https://asc.fasb.org//1943274/2147483621/220-10-S99-2", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r68": { "Name": "Accounting Standards Codification", "Paragraph": "13", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482740/230-10-45-13", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r69": { "Name": "Accounting Standards Codification", "Paragraph": "24", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482740/230-10-45-24", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r7": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480434/815-10-50-2", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r70": { "Name": "Accounting Standards Codification", "Paragraph": "25", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482740/230-10-45-25", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r71": { "Name": "Accounting Standards Codification", "Paragraph": "28", "Publisher": "FASB", "Section": "45", "SubTopic": "10", "Topic": "230", "URI": "https://asc.fasb.org//1943274/2147482740/230-10-45-28", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r72": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "235", "URI": "https://asc.fasb.org//235/tableOfContent", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r73": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "275", "URI": "https://asc.fasb.org//275/tableOfContent", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r74": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SAB Topic 4.E)", "Topic": "310", "URI": "https://asc.fasb.org//1943274/2147480418/310-10-S99-2", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r75": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "440", "URI": "https://asc.fasb.org//440/tableOfContent", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r76": { "Name": "Accounting Standards Codification", "Paragraph": "3A", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Topic": "480", "URI": "https://asc.fasb.org//1943274/2147480244/480-10-S99-3A", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r77": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "505", "URI": "https://asc.fasb.org//505/tableOfContent", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r78": { "Name": "Accounting Standards Codification", "Paragraph": "6", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-6", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r79": { "Name": "Accounting Standards Codification", "Paragraph": "7", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147481112/505-10-50-7", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r8": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "60", "SubTopic": "10", "Topic": "820", "URI": "https://asc.fasb.org//1943274/2147482053/820-10-60-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r80": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(SX 210.3-04)", "Topic": "505", "URI": "https://asc.fasb.org//1943274/2147480008/505-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r81": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "30", "Subparagraph": "(b)(4)", "Topic": "805", "URI": "https://asc.fasb.org//1943274/2147479581/805-30-50-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r82": { "Name": "Accounting Standards Codification", "Paragraph": "3", "Publisher": "FASB", "Section": "50", "SubTopic": "40", "Topic": "815", "URI": "https://asc.fasb.org//1943274/2147480237/815-40-50-3", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r83": { "Name": "Accounting Standards Codification", "Publisher": "FASB", "Topic": "820", "URI": "https://asc.fasb.org//820/tableOfContent", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r84": { "Name": "Accounting Standards Codification", "Paragraph": "2", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "820", "URI": "https://asc.fasb.org//1943274/2147482106/820-10-50-2", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r85": { "Name": "Accounting Standards Codification", "Paragraph": "10", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "825", "URI": "https://asc.fasb.org//1943274/2147482907/825-10-50-10", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r86": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(10))", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147479853/942-210-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r87": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(11))", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147479853/942-210-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r88": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(13))", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147479853/942-210-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r89": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(15)(1))", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147479853/942-210-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r9": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "10", "Subparagraph": "(27)", "Topic": "210", "URI": "https://asc.fasb.org//1943274/2147480566/210-10-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r90": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(16))", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147479853/942-210-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r91": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "210", "Subparagraph": "(SX 210.9-03(23))", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147479853/942-210-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r92": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "S99", "SubTopic": "220", "Subparagraph": "(SX 210.9-04(22))", "Topic": "942", "URI": "https://asc.fasb.org//1943274/2147483589/942-220-S99-1", "role": "http://fasb.org/us-gaap/role/ref/legacyRef" }, "r93": { "Name": "Accounting Standards Codification", "Paragraph": "20", "Publisher": "FASB", "Section": "45", "SubTopic": "210", "Topic": "946", "URI": "https://asc.fasb.org//1943274/2147480555/946-210-45-20", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r94": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(b)", "Topic": "275", "URI": "https://asc.fasb.org//1943274/2147482861/275-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r95": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(c)", "Topic": "275", "URI": "https://asc.fasb.org//1943274/2147482861/275-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r96": { "Name": "Accounting Standards Codification", "Paragraph": "1", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Subparagraph": "(d)", "Topic": "275", "URI": "https://asc.fasb.org//1943274/2147482861/275-10-50-1", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r97": { "Name": "Accounting Standards Codification", "Paragraph": "11", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "https://asc.fasb.org//1943274/2147482861/275-10-50-11", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r98": { "Name": "Accounting Standards Codification", "Paragraph": "12", "Publisher": "FASB", "Section": "50", "SubTopic": "10", "Topic": "275", "URI": "https://asc.fasb.org//1943274/2147482861/275-10-50-12", "role": "http://www.xbrl.org/2003/role/disclosureRef" }, "r99": { "Name": "Regulation S-K (SK)", "Number": "229", "Paragraph": "(a)", "Publisher": "SEC", "Section": "1402", "role": "http://www.xbrl.org/2003/role/disclosureRef" } }, "version": "2.2" } ZIP 48 0001493152-23-017275-xbrl.zip IDEA: XBRL DOCUMENT begin 644 0001493152-23-017275-xbrl.zip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end