
Corporate ActionMay 1, 2026, 02:03 PM
PONO Capital Four Units to Separately Trade Shares & Rights May 5
AI Summary
Pono Capital Four, Inc. announced that starting May 5, 2026, holders of its units can elect to separately trade the underlying Class A ordinary shares and share rights. Each unit comprises one Class A ordinary share and one right to receive one-fifth of one share upon the initial business combination. Unseparated units will continue trading as "PONOU", while separated shares will trade as "PONO" and share rights as "PONOR" on Nasdaq.
Key Highlights
- Separate trading of Class A ordinary shares and share rights commences May 5, 2026.
- Each unit consists of one Class A ordinary share and one right to receive one-fifth of one share.
- Unseparated units will continue to trade on Nasdaq under the symbol "PONOU".
- Separated Class A ordinary shares will trade under the symbol "PONO".
- Separated share rights will trade under the symbol "PONOR".
- Holders must contact their brokers to separate units via Continental Stock Transfer & Trust Company.
Price Impact
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