Pono Capital Four issues up to $100,000 promissory note to sponsor Mehana Capital

• Pono Capital Four issued an unsecured promissory note to Mehana Capital, allowing borrowings of up to USD 100,000 for business combination-related costs.
• Drawdowns can be requested up to USD 100,000, with funding due within five business days of each request.
• Note bears no interest, with principal due at consummation of initial business combination; non-payment at that point triggers an event of default that can accelerate repayment.
• If no business combination is completed, repayment is limited to funds available outside trust account tied to initial public offering.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Pono Capital Four Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-055079), on May 12, 2026, and is solely responsible for the information contained therein.