---
schema_version: "secwatch.filing_event.v1"
accession: "0001493152-23-014790"
form_type: "8-K"
ticker: "SBC"
cik: "0001930313"
company_name: "SBC Medical Group Holdings Inc"
filed_at: "2023-05-01T23:59:59+00:00"
generated_at: "2026-06-16T05:23:44.306802+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Pono Capital Two amends merger agreement with SBC Medical; extends due diligence, adds $1M investment condition

## Summary
- Amendment extends Pono's due diligence review period from April 28 to May 31, 2023.
- Sponsor can now direct earlier or later issuance of 1.2M sponsor shares, at its discretion, but not before closing.
- SBC (or affiliate) agrees to invest $1M in sponsor Mehana Capital LLC; investment docs due May 5, payment due May 15.
- If investment docs not signed by May 5, either party may terminate merger; if payment not received by May 15, Pono may terminate.
- Amendment clarifies extension expenses are paid by Purchaser.

## SEC filing metadata
- accession: 0001493152-23-014790
- form_type: 8-K
- ticker: SBC
- cik: 0001930313
- company_name: SBC Medical Group Holdings Inc
- filed_at: 2023-05-01T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1930313/000149315223014790/0001493152-23-014790-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1930313/000149315223014790/form8-k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001493152-23-014790
- JSON: https://secwatch.observer/filing/0001493152-23-014790.json
- Plain text: https://secwatch.observer/filing/0001493152-23-014790.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.