http://www.streetinsider.com Latest StreetInsider.com News Articles en-us Copyright 2026, StreetInsider.com rss@streetinsider.com (SI RSS) rss@streetinsider.com (SI RSS) Thu, 06 Aug 2026 09:23:25 -0400 http://blogs.law.harvard.edu/tech/rss http://www.streetinsider.com/images/rss_logo.gif http://www.streetinsider.com 143 28 0 1 2 3 21 22 23 Saturday Sunday http://www.streetinsider.com/SPAC/Blackstar+Orbital+to+go+public+via+SPAC+merger+valued+at+%24380M/26880624.html <p>Blackstar Orbital Technologies Corporation has signed a definitive merger agreement with Pono Capital Four, Inc. (NASDAQ: PONO), a special purpose acquisition company, in a deal that values Blackstar Orbital at $380 million, according to a press release issued Aug. 6, 2026.</p> <p>Under the terms of the agreement, Blackstar Orbital will merge with a wholly owned subsidiary of Pono, with Pono expected to rename itself "Blackstar Orbital Corporation" upon closing. Blackstar Orbital stockholders will receive shares of Pono common stock. The transaction is expected to close in the first quarter of 2027, subject to shareholder approvals and other customary closing conditions.</p> <p>Blackstar Orbital, http://www.streetinsider.com/SPAC/Blackstar+Orbital+to+go+public+via+SPAC+merger+valued+at+%24380M/26880624.html Thu, 06 Aug 2026 09:23:25 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/SPAC/Blackstar+Orbital+to+go+public+via+SPAC+merger+valued+at+%24380M/26880624.html <p>Blackstar Orbital Technologies Corporation has signed a definitive merger agreement with Pono Capital Four, Inc. (NASDAQ: PONO), a special purpose acquisition company, in a deal that values Blackstar Orbital at $380 million, according to a press release issued Aug. 6, 2026.</p> <p>Under the terms of the agreement, Blackstar Orbital will merge with a wholly owned subsidiary of Pono, with Pono expected to rename itself "Blackstar Orbital Corporation" upon closing. Blackstar Orbital stockholders will receive shares of Pono common stock. The transaction is expected to close in the first quarter of 2027, subject to shareholder approvals and other customary closing conditions.</p> <p>Blackstar Orbital, http://www.streetinsider.com/SPAC/Blackstar+Orbital+to+go+public+via+SPAC+merger+valued+at+%24380M/26880624.html Thu, 06 Aug 2026 09:23:25 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/SPAC/Blackstar+Orbital+to+go+public+via+SPAC+merger+valued+at+%24380M/26880624.html <p>Blackstar Orbital Technologies Corporation has signed a definitive merger agreement with Pono Capital Four, Inc. (NASDAQ: PONO), a special purpose acquisition company, in a deal that values Blackstar Orbital at $380 million, according to a press release issued Aug. 6, 2026.</p> <p>Under the terms of the agreement, Blackstar Orbital will merge with a wholly owned subsidiary of Pono, with Pono expected to rename itself "Blackstar Orbital Corporation" upon closing. Blackstar Orbital stockholders will receive shares of Pono common stock. The transaction is expected to close in the first quarter of 2027, subject to shareholder approvals and other customary closing conditions.</p> <p>Blackstar Orbital, http://www.streetinsider.com/SPAC/Blackstar+Orbital+to+go+public+via+SPAC+merger+valued+at+%24380M/26880624.html Thu, 06 Aug 2026 09:23:25 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/SPAC/Blackstar+Orbital+to+go+public+via+SPAC+merger+valued+at+%24380M/26880624.html <p>Blackstar Orbital Technologies Corporation has signed a definitive merger agreement with Pono Capital Four, Inc. (NASDAQ: PONO), a special purpose acquisition company, in a deal that values Blackstar Orbital at $380 million, according to a press release issued Aug. 6, 2026.</p> <p>Under the terms of the agreement, Blackstar Orbital will merge with a wholly owned subsidiary of Pono, with Pono expected to rename itself "Blackstar Orbital Corporation" upon closing. Blackstar Orbital stockholders will receive shares of Pono common stock. The transaction is expected to close in the first quarter of 2027, subject to shareholder approvals and other customary closing conditions.</p> <p>Blackstar Orbital, http://www.streetinsider.com/SPAC/Blackstar+Orbital+to+go+public+via+SPAC+merger+valued+at+%24380M/26880624.html Thu, 06 Aug 2026 09:23:25 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/SPAC/Blackstar+Orbital+to+go+public+via+SPAC+merger+valued+at+%24380M/26880624.html <p>Blackstar Orbital Technologies Corporation has signed a definitive merger agreement with Pono Capital Four, Inc. (NASDAQ: PONO), a special purpose acquisition company, in a deal that values Blackstar Orbital at $380 million, according to a press release issued Aug. 6, 2026.</p> <p>Under the terms of the agreement, Blackstar Orbital will merge with a wholly owned subsidiary of Pono, with Pono expected to rename itself "Blackstar Orbital Corporation" upon closing. Blackstar Orbital stockholders will receive shares of Pono common stock. The transaction is expected to close in the first quarter of 2027, subject to shareholder approvals and other customary closing conditions.</p> <p>Blackstar Orbital, http://www.streetinsider.com/SPAC/Blackstar+Orbital+to+go+public+via+SPAC+merger+valued+at+%24380M/26880624.html Thu, 06 Aug 2026 09:23:25 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/Press+Releases/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html <p>George Town, Grand Cayman, Cayman Islands, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ: PONO, PONOU and PONOR), a special purpose acquisition company (“Pono”), has announced the execution of a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Blackstar Orbital Technologies Corporation, a Delaware corporation (“Blackstar Orbital”). Pursuant to the Merger Agreement, it is intended that Blackstar Orbital will merge with Pono Four Merger Sub, Inc., a wholly owned subsidiary of Pono, with Blackstar Orbital continuing as the surviving corporation as a wholly owned subsidiary of Pono. Stockholders of Blackstar Orbital will receive http://www.streetinsider.com/Press+Releases/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html Thu, 06 Aug 2026 09:23:00 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/Press+Releases/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html <p>George Town, Grand Cayman, Cayman Islands, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ: PONO, PONOU and PONOR), a special purpose acquisition company (“Pono”), has announced the execution of a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Blackstar Orbital Technologies Corporation, a Delaware corporation (“Blackstar Orbital”). Pursuant to the Merger Agreement, it is intended that Blackstar Orbital will merge with Pono Four Merger Sub, Inc., a wholly owned subsidiary of Pono, with Blackstar Orbital continuing as the surviving corporation as a wholly owned subsidiary of Pono. Stockholders of Blackstar Orbital will receive http://www.streetinsider.com/Press+Releases/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html Thu, 06 Aug 2026 09:23:00 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/Press+Releases/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html <p>George Town, Grand Cayman, Cayman Islands, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ: PONO, PONOU and PONOR), a special purpose acquisition company (“Pono”), has announced the execution of a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Blackstar Orbital Technologies Corporation, a Delaware corporation (“Blackstar Orbital”). Pursuant to the Merger Agreement, it is intended that Blackstar Orbital will merge with Pono Four Merger Sub, Inc., a wholly owned subsidiary of Pono, with Blackstar Orbital continuing as the surviving corporation as a wholly owned subsidiary of Pono. Stockholders of Blackstar Orbital will receive http://www.streetinsider.com/Press+Releases/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html Thu, 06 Aug 2026 09:23:00 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/Press+Releases/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html <p>George Town, Grand Cayman, Cayman Islands, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ: PONO, PONOU and PONOR), a special purpose acquisition company (“Pono”), has announced the execution of a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Blackstar Orbital Technologies Corporation, a Delaware corporation (“Blackstar Orbital”). Pursuant to the Merger Agreement, it is intended that Blackstar Orbital will merge with Pono Four Merger Sub, Inc., a wholly owned subsidiary of Pono, with Blackstar Orbital continuing as the surviving corporation as a wholly owned subsidiary of Pono. Stockholders of Blackstar Orbital will receive http://www.streetinsider.com/Press+Releases/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html Thu, 06 Aug 2026 09:23:00 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/Press+Releases/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html <p>George Town, Grand Cayman, Cayman Islands, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ: PONO, PONOU and PONOR), a special purpose acquisition company (“Pono”), has announced the execution of a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Blackstar Orbital Technologies Corporation, a Delaware corporation (“Blackstar Orbital”). Pursuant to the Merger Agreement, it is intended that Blackstar Orbital will merge with Pono Four Merger Sub, Inc., a wholly owned subsidiary of Pono, with Blackstar Orbital continuing as the surviving corporation as a wholly owned subsidiary of Pono. Stockholders of Blackstar Orbital will receive http://www.streetinsider.com/Press+Releases/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html Thu, 06 Aug 2026 09:23:00 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/Globe+Newswire/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html <p>George Town, Grand Cayman, Cayman Islands, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ: PONO, PONOU and PONOR), a special purpose acquisition company (“Pono”), has announced the execution of a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Blackstar Orbital Technologies Corporation, a Delaware corporation (“Blackstar Orbital”). Pursuant to the Merger Agreement, it is intended that Blackstar Orbital will merge with Pono Four Merger Sub, Inc., a wholly owned subsidiary of Pono, with Blackstar Orbital continuing as the surviving corporation as a wholly owned subsidiary of Pono. Stockholders of Blackstar Orbital will receive http://www.streetinsider.com/Globe+Newswire/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html Thu, 06 Aug 2026 09:23:00 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/Globe+Newswire/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html <p>George Town, Grand Cayman, Cayman Islands, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ: PONO, PONOU and PONOR), a special purpose acquisition company (“Pono”), has announced the execution of a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Blackstar Orbital Technologies Corporation, a Delaware corporation (“Blackstar Orbital”). Pursuant to the Merger Agreement, it is intended that Blackstar Orbital will merge with Pono Four Merger Sub, Inc., a wholly owned subsidiary of Pono, with Blackstar Orbital continuing as the surviving corporation as a wholly owned subsidiary of Pono. Stockholders of Blackstar Orbital will receive http://www.streetinsider.com/Globe+Newswire/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html Thu, 06 Aug 2026 09:23:00 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/Globe+Newswire/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html <p>George Town, Grand Cayman, Cayman Islands, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ: PONO, PONOU and PONOR), a special purpose acquisition company (“Pono”), has announced the execution of a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Blackstar Orbital Technologies Corporation, a Delaware corporation (“Blackstar Orbital”). Pursuant to the Merger Agreement, it is intended that Blackstar Orbital will merge with Pono Four Merger Sub, Inc., a wholly owned subsidiary of Pono, with Blackstar Orbital continuing as the surviving corporation as a wholly owned subsidiary of Pono. Stockholders of Blackstar Orbital will receive http://www.streetinsider.com/Globe+Newswire/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html Thu, 06 Aug 2026 09:23:00 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/Globe+Newswire/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html <p>George Town, Grand Cayman, Cayman Islands, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ: PONO, PONOU and PONOR), a special purpose acquisition company (“Pono”), has announced the execution of a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Blackstar Orbital Technologies Corporation, a Delaware corporation (“Blackstar Orbital”). Pursuant to the Merger Agreement, it is intended that Blackstar Orbital will merge with Pono Four Merger Sub, Inc., a wholly owned subsidiary of Pono, with Blackstar Orbital continuing as the surviving corporation as a wholly owned subsidiary of Pono. Stockholders of Blackstar Orbital will receive http://www.streetinsider.com/Globe+Newswire/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html Thu, 06 Aug 2026 09:23:00 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/Globe+Newswire/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html <p>George Town, Grand Cayman, Cayman Islands, Aug. 06, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ: PONO, PONOU and PONOR), a special purpose acquisition company (“Pono”), has announced the execution of a definitive Agreement and Plan of Merger (the “Merger Agreement”) with Blackstar Orbital Technologies Corporation, a Delaware corporation (“Blackstar Orbital”). Pursuant to the Merger Agreement, it is intended that Blackstar Orbital will merge with Pono Four Merger Sub, Inc., a wholly owned subsidiary of Pono, with Blackstar Orbital continuing as the surviving corporation as a wholly owned subsidiary of Pono. Stockholders of Blackstar Orbital will receive http://www.streetinsider.com/Globe+Newswire/Blackstar+Orbital+Technologies%2C+an+innovative+developer+of+advanced+reusable+spacecraft+announces+the+signing+of+a+definitive+agreement+to+go+public+via+a+business+combination+with+Pono+Capital+Four%2C+/26880622.html Thu, 06 Aug 2026 09:23:00 -0400 A.50217034 O.73098760 PONO PONOR PONOU http://www.streetinsider.com/Press+Releases/Pono+Capital+Four%2C+Inc.+Announces+the+Separate+Trading+of+its+Class+A+Ordinary+Shares+and+Share+Rights+Commencing+May+5%2C+2026/26416363.html <p align="justify">George Town, Grand Cayman, Cayman Islands, May 01, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (Nasdaq: PONO) (the “Company”) today announced that, commencing May 5, 2026, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and share rights included in the units. Each unit consists of one Class A ordinary share of the Company, $0.0001 par value per share (the “Shares”) and one right to receive one-fifth of one Class A ordinary share (each, a “Share Right”) at the closing of the Company’s http://www.streetinsider.com/Press+Releases/Pono+Capital+Four%2C+Inc.+Announces+the+Separate+Trading+of+its+Class+A+Ordinary+Shares+and+Share+Rights+Commencing+May+5%2C+2026/26416363.html Fri, 01 May 2026 13:55:00 -0400 PONO http://www.streetinsider.com/Globe+Newswire/Pono+Capital+Four%2C+Inc.+Announces+the+Separate+Trading+of+its+Class+A+Ordinary+Shares+and+Share+Rights+Commencing+May+5%2C+2026/26416363.html <p align="justify">George Town, Grand Cayman, Cayman Islands, May 01, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (Nasdaq: PONO) (the “Company”) today announced that, commencing May 5, 2026, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and share rights included in the units. Each unit consists of one Class A ordinary share of the Company, $0.0001 par value per share (the “Shares”) and one right to receive one-fifth of one Class A ordinary share (each, a “Share Right”) at the closing of the Company’s http://www.streetinsider.com/Globe+Newswire/Pono+Capital+Four%2C+Inc.+Announces+the+Separate+Trading+of+its+Class+A+Ordinary+Shares+and+Share+Rights+Commencing+May+5%2C+2026/26416363.html Fri, 01 May 2026 13:55:00 -0400 PONO http://www.streetinsider.com/IPOs/Pono+Capital+Four+completes+%24120+million+SPAC+IPO+on+NASDAQ/26168419.html <p>Pono Capital Four, Inc. (NASDAQ: PONO) completed its initial public offering of 12 million units at $10.00 per unit, raising $120 million in gross proceeds. The special purpose acquisition company, incorporated in the Cayman Islands, began trading on March 16 under the ticker symbol "PONOU."</p> <p>Each unit consists of one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share upon completion of the company's initial business combination. The Class A ordinary shares and rights will trade separately under symbols "PONO" and "PONOR" respectively once separate trading begins.</p> <p>The company plans to use proceeds from the http://www.streetinsider.com/IPOs/Pono+Capital+Four+completes+%24120+million+SPAC+IPO+on+NASDAQ/26168419.html Mon, 16 Mar 2026 18:00:09 -0400 PONO http://www.streetinsider.com/Equity+Offerings/Pono+Capital+Four+completes+%24120+million+SPAC+IPO+on+NASDAQ/26168419.html <p>Pono Capital Four, Inc. (NASDAQ: PONO) completed its initial public offering of 12 million units at $10.00 per unit, raising $120 million in gross proceeds. The special purpose acquisition company, incorporated in the Cayman Islands, began trading on March 16 under the ticker symbol "PONOU."</p> <p>Each unit consists of one Class A ordinary share and one right to receive one-fifth of one Class A ordinary share upon completion of the company's initial business combination. The Class A ordinary shares and rights will trade separately under symbols "PONO" and "PONOR" respectively once separate trading begins.</p> <p>The company plans to use proceeds from the http://www.streetinsider.com/Equity+Offerings/Pono+Capital+Four+completes+%24120+million+SPAC+IPO+on+NASDAQ/26168419.html Mon, 16 Mar 2026 18:00:09 -0400 PONO http://www.streetinsider.com/Press+Releases/Pono+Capital+Four%2C+Inc.+Announces+Closing+of+%24120%2C000%2C000+Initial+Public+Offering/26168412.html <p align="justify">GRAND CAYMAN, Cayman Islands, March 16, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (Nasdaq: PONO) (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the closing of its initial public offering of 12,000,000 units, at an offering price of $10.00 per unit, resulting in aggregate gross proceeds to the Company of $120,000,000. Each unit consists of one Class A ordinary share and one right (the “Share Right”) to receive one-fifth of one Class A ordinary share at the closing of the Company’s initial business combination. The http://www.streetinsider.com/Press+Releases/Pono+Capital+Four%2C+Inc.+Announces+Closing+of+%24120%2C000%2C000+Initial+Public+Offering/26168412.html Mon, 16 Mar 2026 18:00:00 -0400 PONO http://www.streetinsider.com/Globe+Newswire/Pono+Capital+Four%2C+Inc.+Announces+Closing+of+%24120%2C000%2C000+Initial+Public+Offering/26168412.html <p align="justify">GRAND CAYMAN, Cayman Islands, March 16, 2026 (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (Nasdaq: PONO) (the “Company”), a newly organized special purpose acquisition company formed as a Cayman Islands exempted company, today announced the closing of its initial public offering of 12,000,000 units, at an offering price of $10.00 per unit, resulting in aggregate gross proceeds to the Company of $120,000,000. Each unit consists of one Class A ordinary share and one right (the “Share Right”) to receive one-fifth of one Class A ordinary share at the closing of the Company’s initial business combination. The http://www.streetinsider.com/Globe+Newswire/Pono+Capital+Four%2C+Inc.+Announces+Closing+of+%24120%2C000%2C000+Initial+Public+Offering/26168412.html Mon, 16 Mar 2026 18:00:00 -0400 PONO