{"filings":[{"id":2114560,"accession_number":"0001213900-26-086293","cik":2108164,"company_name":"Pono Capital Four, Inc.","ticker":"PONO","form_type":"8-K","filed_at":"2026-08-06T22:49:10+00:00","items":["1.01","9.01"],"status":"ready","headline":"Pono Capital Four to acquire Blackstar Orbital Technologies for $380M","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Merger Agreement signed Aug 5, 2026: Pono Capital Four to acquire Blackstar Orbital Technologies for $380M base purchase price.","Consideration in Parent Common Shares; ~25% escrowed for six years for indemnification claims.","PONO to domesticate from Cayman to Delaware and rename Blackstar Orbital Corporation.","Closing conditions include PONO/Blackstar shareholder approval, S-4 effectiveness, Nasdaq listing, HSR clearance.","Termination dates: Dec 31, 2026 (PONO) and Mar 31, 2027 (Blackstar) if closing not completed."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":2089996,"accession_number":"0001213900-26-085946","cik":2108164,"company_name":"Pono Capital Four, Inc.","ticker":"PONO","form_type":"8-K","filed_at":"2026-08-06T13:24:21+00:00","items":["7.01","9.01"],"status":"ready","headline":"Pono Capital Four to merge with Blackstar Orbital at $380M valuation","summary_kind":"llm","event_type":"m_and_a","confidence":"high","bullets":["Definitive merger agreement values Blackstar Orbital at $380 million; expected close in Q1 2027.","Blackstar develops SpaceDrone reusable orbital spacecraft for government and commercial customers.","Blackstar has $1.9M in U.S. government R&D funding and over $120M in signed commercial LOIs.","Pono will change name to Blackstar Orbital Corporation; Blackstar survives as wholly owned subsidiary.","Transaction subject to Pono shareholder and Blackstar stockholder approvals and customary conditions."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"positive","materiality_score":0.85,"calibrated_materiality_score":0.85,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":40646,"accession_number":"0001213900-26-055079","cik":2108164,"company_name":"Pono Capital Four, Inc.","ticker":"PONO","form_type":"8-K","filed_at":"2026-05-12T20:15:46+00:00","items":["1.01","2.03","9.01"],"status":"ready","headline":"Pono Capital Four issues up to $100K promissory note to sponsor for business combination costs","summary_kind":"llm","event_type":"debt","confidence":"high","bullets":["Unsecured note of up to $100,000 issued May 6, 2026 to Mehana Capital LLC (sponsor).","Note bears no interest; principal due upon consummation of initial business combination.","If no business combination occurs, repayment limited to funds outside the trust account.","Sponsor waives any claim against the trust account proceeds from the IPO."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.25,"calibrated_materiality_score":0.25,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":97735,"accession_number":"0001213900-26-050859","cik":2108164,"company_name":"Pono Capital Four, Inc.","ticker":"PONO","form_type":"8-K","filed_at":"2026-05-01T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Pono Capital Four announces separate trading of Class A shares and rights from units starting May 5, 2026","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Holders of units can elect separate trading of underlying Class A ordinary shares (PONO) and share rights (PONOR) from May 5, 2026.","Units not separated will continue trading on Nasdaq under symbol PONOU.","Separation requires broker to contact Continental Stock Transfer & Trust Company.","Registration statement (S-1, 333-293120) declared effective March 12, 2026."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.1,"calibrated_materiality_score":0.1,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":112876,"accession_number":"0001213900-26-032898","cik":2108164,"company_name":"Pono Capital Four, Inc.","ticker":"PONO","form_type":"8-K","filed_at":"2026-03-23T23:59:59+00:00","items":["8.01","9.01"],"status":"ready","headline":"Pono Capital Four closes $120M IPO and $1.9M private placement on March 16, 2026","summary_kind":"llm","event_type":"other_material","confidence":"high","bullets":["IPO of 12M units at $10/unit raised $120M gross; each unit has one Class A share and one right.","Private placement of 190,000 units at $10/unit to sponsor and institutional investor raised $1.9M.","Trust account funded with $120M; company has 18 months to complete initial business combination.","Balance sheet as of March 16, 2026: cash $619k, trust $120M, liabilities $2.635M, shareholders' deficit $(2.009M)."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.4,"calibrated_materiality_score":0.4,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null},{"id":112875,"accession_number":"0001213900-26-028780","cik":2108164,"company_name":"Pono Capital Four, Inc.","ticker":"PONO","form_type":"8-K","filed_at":"2026-03-17T23:59:59+00:00","items":["1.01","3.02","5.02","5.03","8.01","9.01"],"status":"ready","headline":"Pono Capital Four closes $120M IPO; 12M units at $10 each","summary_kind":"llm","event_type":"other","confidence":"high","bullets":["Gross IPO proceeds $120M from 12M units at $10/unit; each unit = 1 Class A share + 1 right to receive 1/5 share after business combination.","Private placement raised $1.9M (190,000 units at $10) from sponsor (160k units) and institutional investor (30k units).","Net proceeds of $120M (incl. deferred underwriting fees) deposited in trust for public shareholders; company will seek a business combination.","Board gains four independent directors: Nakamoto, Sayama, Kazama, Bauer; audit and compensation committees formed.","Underwriter D. Boral Capital has 45-day option to purchase up to 1.8M additional units for over-allotments."],"consensus_eps_estimate":null,"consensus_eps_actual":null,"consensus_revenue_estimate":null,"consensus_revenue_actual":null,"consensus_period":null,"consensus_source":null,"sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"market_cap_usd":null,"market_cap_bucket":null,"market_cap_source":"finnhub_profile2","market_cap_as_of_date":"2026-05-28","daily_digest_date":null,"daily_digest_url":null,"daily_digest_rank":null}],"next_cursor":null}