PONO CAP TWO INC

Ticker: SBC CUSIP: 73245B107 Class: Common Stock

Karpus Management, Inc.'s Holding History (CIK: 0001048703)

Note: Option positions (PUT/CALL) are excluded.

Q1 2023

Shares 321,050 Value ($000) $3,345 Avg Close $10.33 Range $10.15 - $10.88

Q4 2022

Shares 175,350 Value ($000) $1,789 Avg Close $10.12 Range $9.99 - $10.61

Q3 2022

Shares 78,380 Value ($000) $785 Avg Close $10.00 Range $9.95 - $10.02

Period	Shares	Value ($000)	Average Close	Price Range
Q1 2023	321,050	$3,345	$10.33	$10.15 - $10.88
Q4 2022	175,350	$1,789	$10.12	$9.99 - $10.61
Q3 2022	78,380	$785	$10.00	$9.95 - $10.02