Summary by Futu AI
Shuhei Komatsu, a Japanese citizen and CEO of Wel-Dish Incorporated, has filed a Schedule 13D with the SEC, indicating a change in his holdings of AERWINS Technologies Inc. The filing, dated June 27, 2024, corrects an oversight in which Komatsu did not report his beneficial ownership of AERWINS Technologies shares when originally due. The shares were initially acquired as part of a business combination with Pono Capital Corp. on September 7, 2022, where Komatsu received 14,084,772 shares and options for 1,525,196 shares. Following a 1-for-100 stock split on April 2, 2024, his holdings were adjusted to 140,848 shares, all of which were sold on June 26, 2024, at a weighted average price of $0.4977 per share. Komatsu's actions were solely for investment purposes, and he has no current plans that would result in significant corporate actions. As of the filing date, Komatsu no longer beneficially owns more than five percent of AERWINS Technologies shares.