Pono Capital Four, Inc. (PONOU) Prices Downsized $120M IPO
Pono Capital Four, Inc. (NASDAQ:PONOU) announced the pricing of its downsized $120 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “PONOU” on Friday, March 13, 2026.
The new SPAC aims to combine with a company that has developed disruptive technology with significant growth prospects.
Pono Capital Four, Inc.’s sponsor team is led by Chief Executive Officer and Chairman Dustin Shindo and Chief Financial Officer Gary Miyashiro. Darryl Nakamoto, Mike Sayama, Davin Kazam and Adam Bauer will serve on its Board of Directors.
Total SPAC deal count for 2026 year-to-date is now 56. This offering is expected to close on Monday, March 16, 2026.
D. Boral Capital LLC is acting as sole book-running manager for the offering. Loeb & Loeb LLP is serving as Issuer’s Counsel with Winston & Strawn LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
