Pono Capital Four to Split Shares and Rights on May 5 for Separate Trading
Starting May 5, 2026, Pono Capital Four’s Class A ordinary shares and share rights will trade separately on Nasdaq under the symbols “PONO” and “PONOR”. Unseparated units will continue trading under “PONOU” and holders must have brokers contact Continental Stock Transfer & Trust to separate units.
1. Unit Composition and Separation
Each unit from Pono Capital Four’s IPO consists of one Class A ordinary share and one share right convertible into 0.2 of a Class A share upon business combination. Commencing May 5, 2026, these components can be detached for independent trading.
2. Trading Symbols Change
Following separation, Class A ordinary shares will trade under the ticker PONO and share rights under PONOR on Nasdaq Global Market. Units not split will retain trading under PONOU.
3. Holder Instructions
Unit holders must direct their brokers to contact Continental Stock Transfer & Trust Company, the designated transfer agent, to execute the separation process and enable individual trading of shares and share rights.