SBC Medical Group Holdings Inc, filing under ticker PTWO, is a healthcare and medical aesthetics company that emerged from a business combination with Pono Capital Two Corp, a blank-check vehicle sponsored by Pono Capital, LLC that completed its initial public offering in 2021. Pono Capital Two focused on the healthcare and consumer sectors before completing its merger with SBC Medical Group, a franchise operator of medical aesthetic clinics based primarily in Japan. The company filed an 8-K current report with the SEC on May 14, 2026, continuing its post-merger disclosure obligations as a publicly traded entity. For full filing details, deal timelines, and analytics on this and hundreds of other SPAC transactions, sign up for free at SpacDesk.