Pono Capital Four Prices IPO Of 12 Mln Units At $10.00/unit
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Pono Capital Four Inc. has priced its IPO of 12 million units at $10.00 each. Each unit includes one Class A ordinary share and a right to receive one-fifth of a Class A ordinary share upon the initial business combination. The units will trade on Nasdaq under the symbol "PONOU" starting March 13, 2026, with the offering expected to close on March 16, 2026. D. Boral Capital LLC is the sole book-running manager for the offering, which includes a 45-day option for the underwriter to purchase an additional 1.80 million units.
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