SEC Form SC 13G/A filed by Pono Capital Two Inc. (Amendment)

Pono Capital Two, Inc.

(Name of Issuer)

Class A Common Stock, par value $0.0001

(Title of Class of Securities)

73245B107

(CUSIP Number)

February 5, 2024

(Date of Event which Requires Filing of this Statement)

☒

Rule 13d-1(b)

☐

Rule 13d-1(c)

☐

Rule 13d-1(d)

CUSIP No.

73245B107

1	NAMES OF REPORTING PERSONS
	Wolverine Trading Partners, Inc.
2	CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP
	(a)☐
	(b)☐
3	SEC USE ONLY
4	CITIZENSHIP OR PLACE OF ORGANIZATION
	Illinois
NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH		5	SOLE VOTING POWER
		6	SHARED VOTING POWER
			0
		7	SOLE DISPOSITIVE POWER
		8	SHARED DISPOSITIVE POWER
			0
9	AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON
	0
10	CHECK IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES (SEE INSTRUCTIONS)
	☐
11	PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9)
	0%
12	TYPE OF REPORTING PERSON (SEE INSTRUCTIONS)
	CO/HC

(a)	Name of Issuer:

(b)	Address of Issuer’s Principal Executive Offices:

(a)	Name of Person Filing:

(b)	Address of Principal Business Office or, if None, Residence:

(c)	Citizenship:

(d)	Title and Class of Securities:

(e)	CUSIP No.:

Item 3.

If this statement is filed pursuant to §§ 240.13d-1(b) or 240.13d-2(b) or (c), check whether the person filing is a:

	(a)	☐	Broker or dealer registered under Section 15 of the Act;
	(b)	☐	Bank as defined in Section 3(a)(6) of the Act;
	(c)	☐	Insurance company as defined in Section 3(a)(19) of the Act;
	(d)	☐	Investment company registered under Section 8 of the Investment Company Act of 1940;

	(e)	☒	An investment adviser in accordance with Rule 13d-1(b)(1)(ii)(E);
	(f)	☐	An employee benefit plan or endowment fund in accordance with Rule 13d-1(b)(1)(ii)(F);
	(g)	☒	A parent holding company or control person in accordance with Rule 13d-1(b)(1)(ii)(G);
	(h)	☐	A savings associations as defined in Section 3(b) of the Federal Deposit Insurance Act (12 U.S.C. 1813);
	(i)	☐	A church plan that is excluded from the definition of an investment company under section 3(c)(14) of the Investment Company Act of 1940;
	(j)	☐	A non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J);
	(k)	☐	Group, in accordance with Rule 240.13d-1(b)(1)(ii)(K). If filing as a non-U.S. institution in accordance with Rule 240.13d-1(b)(1)(ii)(J), please specify the type of institution:

Item 4.

Ownership

(c)	Number of shares as to which such person has:

(i)

Sole power to vote or to direct the vote: 0

(ii)

Shared power to vote or to direct the vote: 0

(iii)

Sole power to dispose or to direct the disposition of:  0

(iv)

Shared power to dispose or to direct the disposition of:  0

Item 5.

Ownership of Five Percent or Less of a Class.

Item 6.

Ownership of more than Five Percent on Behalf of Another Person.

Item 7.

Identification and classification of the subsidiary which acquired the security being reported on by the parent holding company or control person.

Item 8.

Identification and classification of members of the group.

Item 9.

Notice of Dissolution of Group.

Item 10.

Certifications.

Dated:  March 1, 2024
	Wolverine Asset Management, LLC
	/s/ Kenneth L. Nadel
	Signature
	Kenneth L. Nadel, Chief Operating Officer
	Name/Title
	Wolverine Holdings, L.P.
	/s/Christopher L. Gust
	Signature
	Christopher L. Gust, Managing Director
	Name/Title
	Wolverine Trading Partners, Inc.
	/s/Christopher L. Gust
	Signature
	Christopher L. Gust, Authorized Signatory
	Name/Title
	/s/Christopher L. Gust
	Christopher L. Gust
	/s/ Robert R. Bellick
	Robert R. Bellick