SPAC Highlights (Sep, 16 – Sep, 22)

SBC Medical Goes Public on Nasdaq via Merger with Pono Capital Two

SBC Medical Group Holdings Inc (SBC)
Pono Capital Two, Inc. (PTWO)

SBC Medical, a global provider of management services to cosmetic treatment centers, has completed its business combination with Pono Capital Two. SBC Medical’s shares and warrants are now trading on Nasdaq under the ticker symbols “SBC” and “SBCWW”.

This merger is expected to boost SBC Medical’s growth by providing access to new capital, business alliances, and expansion opportunities in the US and Southeast Asia. SBC Medical, led by CEO Yoshiyuki Aikawa, is focused on providing premium care and value to customers through transformative treatments and technologies.

With a strong track record of profitability and a focus on high-growth markets, SBC Medical is well-positioned for success in the expanding global beauty treatment market. The company plans to pursue various strategic options, including business alliances and research and development of new medical technologies, to further its growth.

Horizon Space Acquisition I Corp. Files Confidential Registration Statement for Business Combination with Squirrel Enlivened International

Squirrel Enlivened International Co., Ltd
Horizon Space Acquisition I Corp. (HSPO)

Squirrel Enlivened International Co., Ltd., a brand marketing and strategy consulting company, and Horizon Space Acquisition I Corp. (HSPO), a publicly traded special purpose acquisition company, have confidentially submitted a draft Registration Statement on Form F-4 to the U.S. Securities and Exchange Commission (SEC). This filing is related to their proposed business combination, which, upon completion, will result in Squirrel Cayman’s shares being listed on The Nasdaq Stock Market.