{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-23-003241","form_type":"8-K","ticker":"SBC","cik":"0001930313","company_name":"SBC Medical Group Holdings Inc","filed_at":"2023-02-01T23:59:59+00:00","discovered_at":"2026-05-14T18:03:47.458549+00:00","generated_at":"2026-06-20T04:14:22.907408+00:00","sec_items":["7.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.8,"calibrated_materiality_score":0.8,"confidence":"high","headline":"Pono Capital Two enters $1.2B merger with SBC Medical Group Holdings","bullets":["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."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-23-003241","json":"https://secwatch.observer/filing/0001493152-23-003241.json","markdown":"https://secwatch.observer/filing/0001493152-23-003241.md","text":"https://secwatch.observer/filing/0001493152-23-003241.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1930313/000149315223003241/0001493152-23-003241-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1930313/000149315223003241/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-20T04:14:22.907408+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}