George Town, Grand Cayman, Cayman Islands, May  01, 2026  (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ:PONO) (the &#34;Company&#34;) today announced that, commencing May 5, 2026, holders of the units sold in the Company&#39;s

PONO

Pono Capital Four, Inc. Announces the Separate Trading of its Class A Ordinary Shares and Share Rights Commencing May 5, 2026

Pono Capital Announces Trading Split for Shares, Rights Starting May 5, 2026

<section class="insight" data-version="1">
  <section data-block="information">
    <h3>Information</h3>
    <p>George Town, Grand Cayman, Cayman Islands, May  01, 2026  (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ:PONO) (the &amp;#34;Company&amp;#34;) today announced that, commencing May 5, 2026, holders of the units sold in the Company&amp;#39;s</p>
  </section>

  <section data-block="ai-summary-paragraph">
    <h3>AI Summary</h3>
    <p>Pono Capital Four, Inc. will commence trading of separated shares and rights on May 5, 2026. As PONO focuses on disruptive technology investments, the ability to separately trade could enhance liquidity and investor interest, impacting stock performance positively.</p>
  </section>

  <section data-block="ai-summary-bullets">
    <h3>Key Points</h3>
    <ul><li>PONO to allow separation of shares and share rights from IPO units.</li><li>Trading starts for separated shares (PONO) and share rights (PONOR) on May 5.</li><li>Units not separated will trade under symbol PONOU.</li><li>PONO primarily targets disruptive technology for its business combinations.</li><li>Initial public offering was declared effective on March 12, 2026.</li></ul>
  </section>

  <section data-block="companies-mentioned">
    <h3>Companies Mentioned</h3>
    <ul><li><strong>Pono Capital Four, Inc. (PONO)</strong>: The company is focused on disruptive technology and seeks business combinations.</li><li><strong>Continental Stock Transfer &amp; Trust Company</strong>: Acts as the transfer agent for unit separations.</li></ul>
  </section>

  <section data-block="category">
    <h3>Corporate Developments</h3>
    <p>This announcement falls under Corporate Developments as it highlights the trading dynamics of PONO shares. The separation of shares and rights enhances marketability and liquidity potential, aligning with investor interests in the SPAC sector.</p>
  </section>

  <section data-block="market-moving">
    <h3>Market-Moving</h3>
    <ul><li>May 5 marks the commencement of separate trading for PONO and PONOR.</li><li>This separation could lead to increased trading volume and price volatility.</li><li>PONO&#039;s focus on disruptive technology may attract new investors.</li><li>Future business combination announcements could further drive interest in PONO.</li></ul>
  </section>

  <section data-block="key-facts">
    <h3>Key Facts</h3>
    <ul><li>Initial public offering declared effective on March 12, 2026.</li><li>PONO units consist of one share and one share right.</li><li>Separate trading will begin on May 5, 2026.</li><li>PONO primarily focuses on acquiring disruptive technology companies.</li><li>Units not separated will trade under symbol PONOU.</li></ul>
  </section>

  <section data-block="trading-thesis">
    <h3>Trading Thesis</h3>
    <p>Consider buying PONO before May 5, anticipating increased liquidity and interest.</p>
  </section>
</section>


<link type="text/css" rel="stylesheet" href="https://www.globenewswire.com/styles/gnw_nitf.css"></link><p align="justify">George Town, Grand Cayman, Cayman Islands, May  01, 2026  (GLOBE NEWSWIRE) -- Pono Capital Four, Inc. (NASDAQ:<a class="ticker" href="https://www.benzinga.com/quote/PONO">PONO</a>) (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 initial business combination.</p>  <p align="justify">The Shares and Share Rights that are separated will trade on The Nasdaq Global Market under the symbols "PONO" and "PONOR," respectively. Those units not separated will continue to trade on The Nasdaq Global Market under the symbol "PONOU." Holders of units will need to have their brokers contact Continental Stock Transfer &amp; Trust Company, the Company's transfer agent, in order to separate the units into Shares and Share Rights.</p>  <p>The offering of the units was made only by means of a prospectus, copies of which may be obtained from D. Boral Capital, LLC, 590 Madison Avenue, 39th Floor, New York, NY 10022, or by email at <a href="https://www.globenewswire.com/Tracker?data=ta-L_s3MpWggxDpofeET-HEAY3I0rkhlJrw7m3bpAcER38u2jwtH0Eu1FmWHfqIFoU9kXPYlZIoX6rRzQU57G9OJZiwNgj9Gsfcs6tbKbhkFr44AkIo9jef06lf0IpbgKDLa_u8l62gMrnDQQwuoeA==" rel="nofollow" target="_blank">dbccapitalmarkets@dboralcapital.com</a>. A registration statement on Form S-1 (333- 293120) relating to these securities has been filed with the Securities and Exchange Commission ("SEC") and was declared effective on March 12, 2026. Copies of the registration statement can be accessed through the SEC's website at <a href="https://www.globenewswire.com/Tracker?data=sYzCUCYR5TQ0y0wwp1TrKjZqICpm88juMN7rhiaRCZ8THfXwgld2jet6OpL4j4g_uTpvAJUWvKfQNJo9dw6s5w==" rel="nofollow" target="_blank">www.sec.gov</a>.</p>  <p align="justify">This press release shall not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.</p>  <p align="justify"><b>About Pono Capital Four, Inc.</b></p>  <p align="justify">Pono Capital Four, Inc. is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination. While the Company may pursue a business combination in any sector, the Company will primarily focus on target businesses in the disruptive technology sector. The Company's management team is led by Dustin Shindo, its Chief Executive Officer and Chairman of the Board of Directors.</p>  <p><b>Cautionary Note Concerning Forward-Looking Statements</b></p>  <p align="justify">This press release contains statements that constitute "forward-looking statements," including with respect to the Company's initial public offering ("IPO") and search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Pono Capital Four, Inc., including those set forth in the Risk Factors section of Pono Capital Four, Inc.'s registration statement and preliminary prospectus for the IPO filed with the SEC. Copies are available on the SEC's website, <a href="http://www.sec.gov" title="www.sec.gov">www.sec.gov</a>. Pono Capital Four, Inc. undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.</p>  <p align="justify"><b>Contact Information</b></p>  <p>Dustin Shindo<br></br>Chief Executive Officer<br></br><a href="https://www.globenewswire.com/Tracker?data=pEnXm9kjTRsF3Az_eRmqXsOVRPnrQgheawPE2oKVjhG4F-joh-lJyk3C1xMzyqI6dtWmR_vOIjXMfjXNC4dKBFouUqreyuN0-jwGTvgNZBQ=" rel="nofollow" target="_blank">dustin@mehana.com</a></p> <img alt="" class="__GNW8366DE3E__IMG" src="https://www.globenewswire.com/newsroom/ti?nf=OTcxMTYyMSM3NTc4ODYwIzUwMDE1OTczOQ=="></img> <br></br><img alt="" src="https://ml.globenewswire.com/media/OWU3ZmE3MzMtM2NlMS00NWMwLTgzYjgtZmVhNTNjYjExNzU0LTUwMDE1OTczOS0yMDI2LTA1LTAxLWVu/tiny/Pono-Capital-Four-Inc-.png" referrerpolicy="no-referrer-when-downgrade"></img>

Pono Capital Four, Inc. will commence trading of separated shares and rights on May 5, 2026. As PONO focuses on disruptive technology investments, the ability to separately trade could enhance liquidity and investor interest, impacting stock performance positively.

Pono Capital Four, Inc. Announces the Separate Trading of its Class A Ordinary Shares and Share Rights Commencing May 5, 2026

AI Summary

Sentiment Rationale

Trading Thesis

Market-Moving

Key Facts

Companies Mentioned

Corporate Developments

Related News