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Tuesday, September 17, 2024

Equity Corporate Actions Alert #2024 - 439
(UPDATED: Closed) Information Regarding the Business Combination of Pono Capital Two, Inc. (PTWO/W/U) & SBC Medical Group Holdings Incorporated

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The business combination of Pono Capital Two, Inc. (PTWO/W/U) & SBC Medical Group Holdings Incorporated closed today, Tuesday, September 17, 2024. Following the completion of the business combination, the company's Class A Common stock (PTWO) and Warrants (PTWOW) will undergo a name and symbol change and the company's Units (PTWOU) will be suspended from trading. The CUSIP numbers will NOT be changing. These actions will become effective on Wednesday, September 18, 2024. The company's common stock will remain listed on the Nasdaq Global Market and the company's warrants will list on the Nasdaq Capital Market.

The details of the name, symbol, & CUSIP changes are follows:

Current Company Name & Issue Type: Pono Capital Two, Inc. Class A Common Stock
New Company Name & Issue Type: SBC Medical Group Holdings Incorporated Common Stock
CUSIP: 73245B107
Current Symbol: PTWO
New Symbol: SBC
Marketplace Effective Date: Wednesday, September 18, 2024

Current Company Name & Issue Type: Pono Capital Two, Inc. Warrants
New Company Name & Issue Type: SBC Medical Group Holdings Incorporated Warrants expiring 9/18/29
CUSIP: 73245B115
Current Symbol: PTWOW
New Symbol: SBCWW
Marketplace Effective Date: Wednesday, September 18, 2024

If you would like to register as a market maker in SBC or SBCWW, contact Nasdaq Trading Services at +1 212 231 5100.

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