Pono Capital Four, INC

Pono Capital Four, Inc. announces a definitive agreement to merge with Blackstar Orbital Technologies Corporation, a developer of reusable spacecraft, aiming to take the latter public.

Pono Capital Four, Inc. reported net income for the second quarter of 2026 driven by trust account investments, while acknowledging substantial doubt about its ability to continue as a going concern.

Pono Capital Four, Inc. and Blackstar Orbital Technologies Corporation have issued a Form 425 filing detailing their proposed merger, emphasizing the need for shareholders to review upcoming proxy statements for comprehensive information.

Highbridge Capital Management, LLC has reported beneficial ownership of 1,002,151 Class A Ordinary Shares, representing 8.2% of the outstanding shares of Pono Capital Four, Inc.

Wolverine Asset Management and affiliated entities report beneficial ownership of 5.69% of Pono Capital Four, Inc.'s Class A Ordinary Shares.