Pono Capital Four issues up to $100K promissory note to sponsor for business combination costs

Pono Capital Four, Inc.

• 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.

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