Pono Capital Two Merging with SBC Medical in $1.2B Deal

Pono Capital Two in an 8-K filing today announced a definitive merger agreement with Tokyo-based SBC Medical in a deal valued at $1.2 billion.

SBC Medical Group specializes in medical care and special treatment including cosmetic surgery, infertility, dental, and orthopedics.

Pono Two has about $117.9 million in trust after raising $100 million in an less than five months ago.

The 8-K notes that SBC would receive $1.2 billion in Pono securities. The filing does not mention any other potential funding sources. Read more.


Source: Pono Capital Two Merging with SBC Medical in .2B Deal