Pono Capital Two enters $1.2B merger with SBC Medical Group Holdings

SBC Medical Group Holdings Inc

Entered merger agreement with SBC Medical Group Holdings; Merger Sub to merge into SBC, SBC surviving.
Aggregate consideration value of $1.2B, subject to net working capital, debt, and expense adjustments.
SBC must complete restructuring to bring Japanese entity SBC-Japan and related entities under SBC before close.
Closing requires Pono stockholder approval and other customary conditions; proxy statement to be filed with SEC.

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