Pono Capital Three, Inc. focuses on effecting a merger, share exchange, share purchase, asset acquisition, reorganization, or similar business combination with one or more businesses.

It intends to focus on businesses in the enterprise security and operations applications, cloud-based content and digital streaming services, drone technology and service, artificial intelligence companies, consumer healthcare and wellness, biomedical technology, entertainment/gaming companies, distance learning, online retail, and e-sports companies.

The company was incorporated in 2022 and is headquartered in Honolulu, Hawaii.