{"schema_version":"secwatch.filing_event.v1","accession":"0001493152-24-002794","form_type":"8-K","ticker":"SBC","cik":"0001930313","company_name":"SBC Medical Group Holdings Inc","filed_at":"2024-01-18T23:59:59+00:00","discovered_at":"2026-05-14T18:03:26.329408+00:00","generated_at":"2026-06-06T22:09:10.284654+00:00","sec_items":["1.01","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.7,"calibrated_materiality_score":0.7,"confidence":"high","headline":"Pono Capital Two signs non-redemption agreement for up to 1.7M shares to extend business combination","bullets":["Non-redemption agreement with unaffiliated investor to purchase 1.5M-1.7M shares in open market at ≤ redemption price.","Investor waives redemption rights; in exchange receives one incentive share per purchased share from target CEO at closing.","Extension amendment seeks to move business combination deadline from Feb 9, 2024 to Nov 9, 2024.","Agreement terminates if SEC comments not cleared by April 30, 2024, or on closing or termination of business combination agreement.","Target is SBC Medical Group Holdings Incorporated; business combination previously announced."],"urls":{"canonical":"https://secwatch.observer/filing/0001493152-24-002794","json":"https://secwatch.observer/filing/0001493152-24-002794.json","markdown":"https://secwatch.observer/filing/0001493152-24-002794.md","text":"https://secwatch.observer/filing/0001493152-24-002794.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1930313/000149315224002794/0001493152-24-002794-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1930313/000149315224002794/form8-k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-06T22:09:10.284654+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":[{"claim_id":"f60a5e16b8efe1ea4adb4ec9e996aa07b92f47ee","claim":"SBC Medical Group Holdings Inc entered into non-redemption agreement with an unaffiliated investor (effective 2024-01-11).","evidence_excerpt":"On January 11, 2024, the Company entered into a non-redemption agreement with an unaffiliated investor (the \"Holder\") which agreed to acquire from public stockholders of the Company 1,500,000 to 1,700,000 shares of Class A common stock","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1930313/000149315224002794/0001493152-24-002794-index.htm","confidence":0.9,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Counterparty","value":"an unaffiliated investor"},{"label":"Effective","value":"2024-01-11"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}