Form 8-K
8-K — SBC Medical Group Holdings Inc
Accession: 0001493152-26-024609
Filed: 2026-05-20
Period: 2026-05-14
CIK: 0001930313
SIC: 8011 (SERVICES-OFFICES & CLINICS OF DOCTORS OF MEDICINE)
Item: Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers: Compensatory Arrangements of Certain Officers
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UNITED
STATES
SECURITIES
AND EXCHANGE COMMISSION
WASHINGTON,
D.C. 20549
FORM
8-K
CURRENT
REPORT
Pursuant
to Section 13 or 15(d) of the Securities Exchange Act of 1934
Date
of Report (Date of earliest event reported): May 14, 2026
SBC
Medical Group Holdings Incorporated
(Exact
name of Registrant as Specified in Its Charter)
Delaware
001-41462
88-1192288
(State or Other Jurisdiction
of Incorporation)
(Commission
File
Number)
(IRS Employer
Identification No.)
200 Spectrum
Center Dr., STE 300
92618
Irvine, California
(Zip Code)
(Address of Principal Executive
Offices)
Registrant’s
Telephone Number, Including Area Code: (949)
593-0250
Not
Applicable
(Former
Name or Former Address, if Changed Since Last Report)
Check
the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under
any of the following provisions:
☐
Written communications pursuant to Rule
425 under the Securities Act (17 CFR 230.425)
☐
Soliciting material pursuant to Rule 14a-12 under the
Exchange Act (17 CFR 240.14a-12)
☐
Pre-commencement communications pursuant to Rule 14d-2(b)
under the Exchange Act (17 CFR 240.14d-2(b))
☐
Pre-commencement communications pursuant to Rule 13e-4(c)
under the Exchange Act (17 CFR 240.13e-4(c))
Securities
registered pursuant to Section 12(b) of the Act:
Title of
each class
Trading Symbol(s)
Name of each
exchange on which registered
Common Stock, $0.0001 par
value per share
SBC
The Nasdaq Stock Market
LLC
Redeemable Warrants, each
whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share
SBCWW
The Nasdaq Stock Market
LLC
Indicate
by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§ 230.405
of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§ 240.12b-2 of this chapter).
Emerging
growth company ☒
If
an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying
with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item
5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of
Certain Officers.
On
May 14, 2026, Mike Sayama, an independent director of SBC Medical Group Holdings Incorporated (the “Company”), notified the
Company that he would not seek re-election at the Company’s forthcoming 2026 Annual Meeting of Stockholders (the “2026 AGM”).
The
Company’s board of directors has reduced the size of the board of directors to four members, effective as of immediately prior
to the opening of the polls at the 2026 AGM. The board of directors is engaged in a search for a fifth independent director to join the
board of directors subsequent to the 2026 AGM; once the board of directors has identified a suitable candidate to serve as an independent
director, it intends to increase the size of board to five members and appoint the new independent director to the board and each of
the nominating and corporate governance committee, compensation committee and audit committee, to serve as a third member of such committees
in replacement of the positions held by Mr. Sayama until the effective date of his departure from the board of directors.
Mr.
Sayama’s decision to not pursue re-election was not due to any disagreement with the Company, its management, or the board of directors
on any matter relating to the Company’s operations, policies or practices.
The
Company plans to file with the U.S. Securities and Exchange Commission (the “SEC”) a definitive proxy statement (the “Proxy
Statement”) in connection with the 2026 AGM. Investors and security holders are urged to read the Proxy Statement carefully when
it is available and will be able to obtain free copies of the Proxy Statement and other documents filed with the SEC by the Company through
the website maintained by the SEC at www.sec.gov.
Forward-Looking
Statements
This
Current Report on Form 8-K contains forward-looking statements. Forward-looking statements are not historical facts or statements of
current conditions but instead represent only the Company’s beliefs regarding future events and performance, many of which, by
their nature, are inherently uncertain and outside of the Company’s control. These forward-looking statements reflect the Company’s
current views with respect to, among other things, updates to the composition of its board of directors. In some cases, forward-looking
statements can be identified by the use of words such as “may,” “should,” “expects,” “anticipates,”
“contemplates,” “estimates,” “believes,” “plans,” “projected,” “predicts,”
“potential,” or “hopes” or the negative of these or similar terms. The Company cautions readers not to place
undue reliance upon any forward-looking statements, which are current only as of the date of this Current Report on Form 8-K and are
subject to various risks, uncertainties, assumptions, or changes in circumstances that are difficult to predict or quantify. The forward-looking
statements are based on management’s current expectations and are not guarantees of future performance. The Company does not undertake
or accept any obligation to release publicly any updates or revisions to any forward-looking statements to reflect any change in its
expectations or any change in events, conditions, or circumstances on which any such statement is based, except as required by law. Factors
that may cause actual results to differ materially from current expectations may emerge from time to time, and it is not possible for
the Company to predict all of them; such factors include, among other things, changes in global, regional, or local economic, business,
competitive, market and regulatory conditions, and those listed under the heading “Risk Factors” and elsewhere in the Company’s
filings with the SEC, which are accessible on the SEC’s website at www.sec.gov.
SIGNATURES
Pursuant
to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by
the undersigned hereunto duly authorized.
SBC
Medical Group Holdings Incorporated
Date:
May
20, 2026
By:
/s/
Yuya Yoshida
Name:
Title:
Yuya
Yoshida
Chief Financial Officer and Chief Operating Officer
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Entity Registrant Name
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Entity Central Index Key
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Entity Tax Identification Number
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Entity Incorporation, State or Country Code
DE
Entity Address, Address Line One
200 Spectrum
Center Dr.
Entity Address, Address Line Two
STE 300
Entity Address, City or Town
Irvine
Entity Address, State or Province
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City Area Code
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Redeemable Warrants, each whole warrant exercisable for one share of Common Stock at an exercise price of $11.50 per share
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