SBC Medical Group Holdings Inc. Files 2024 10-K
Ticker: SBCWW · Form: 10-K · Filed: Mar 28, 2025 · CIK: 1930313
Sentiment: neutral
Topics: 10-K, medical-services, financials
TL;DR
SBC Medical Group Holdings filed its 2024 10-K on 3/28/25, covering fiscal year ending 12/31/24. Details on stock & warrants.
AI Summary
SBC Medical Group Holdings Inc. filed its 2024 10-K on March 28, 2025, reporting on its fiscal year ending December 31, 2024. The company, formerly Pono Capital Two, Inc., is incorporated in Delaware and headquartered in Irvine, California. The filing details its common stock and redeemable warrants, with specific financial data for the fiscal years 2024 and 2023.
Why It Matters
This 10-K filing provides a comprehensive overview of SBC Medical Group Holdings Inc.'s financial performance and business operations for the fiscal year 2024, crucial for investors and stakeholders to assess the company's health and future prospects.
Risk Assessment
Risk Level: medium — The filing is a standard 10-K, but the company's history as a SPAC (Pono Capital Two, Inc.) and the nature of its business in the medical group sector can introduce inherent risks.
Key Numbers
- 2024 — Fiscal Year End (Reporting period covered by the 10-K)
- 2023 — Prior Fiscal Year (Comparative financial data)
- 0001641172-25-001062 — Accession Number (Unique identifier for the filing)
Key Players & Entities
- SBC Medical Group Holdings Inc. (company) — Filer of the 10-K
- Pono Capital Two, Inc. (company) — Former name of SBC Medical Group Holdings Inc.
- 2024-12-31 (date) — Fiscal year end
- 2025-03-28 (date) — Filing date
- Irvine, CA (location) — Business address
- DE (location) — State of incorporation
FAQ
What is the primary business of SBC Medical Group Holdings Inc.?
The filing indicates the company's SIC code is 'SERVICES-OFFICES & CLINICS OF DOCTORS OF MEDICINE [8011]', suggesting its primary business is in medical services and clinics.
When did Pono Capital Two, Inc. change its name to SBC Medical Group Holdings Inc.?
The date of the name change from Pono Capital Two, Inc. to SBC Medical Group Holdings Inc. was May 20, 2022.
What are the key financial reporting periods covered in this 10-K?
This 10-K covers the fiscal year ending December 31, 2024, and includes comparative data for the fiscal year ending December 31, 2023.
What types of securities are mentioned in relation to SBC Medical Group Holdings Inc.?
The filing mentions 'SBC:CommonStock' with a par value of $0.0001 per share and 'SBC:RedeemableWarrants' exercisable for one share of common stock at an exercise price of $11.50 per share.
Where is SBC Medical Group Holdings Inc. headquartered?
SBC Medical Group Holdings Inc. is headquartered at 200 Spectrum Center Dr., Suite 300, Irvine, CA 92618.
Filing Details
This Form 10-K (Form 10-K) was filed with the SEC on March 28, 2025 regarding SBC Medical Group Holdings Inc (SBCWW).