SBC Medical Group Holdings Inc (Nasdaq: SBC) is a Japanese aesthetic medicine franchise company that completed a business combination with Pono Capital Two Corp, a blank-check vehicle sponsored by Pono Capital Two LLC, and began trading on Nasdaq following the transaction. The 424B4 prospectus was filed with the SEC in August 2022, with the SPAC having raised capital in that same year. SBC Medical operates a management support services model for aesthetic clinics across Japan, positioning it within the healthcare and aesthetic medicine sector and representing one of the relatively rare Japan-focused de-SPAC transactions to reach U.S. public markets. For full data, filings, and deal timelines on SBC Medical and hundreds of other SPAC transactions, sign up for access on SpacDesk.