Company: APACU
Filing Date: 2025-08-01
Form Type: S-1/A
Source: 0001829126-25-005702
Chunk: 346

Company: StoneBridge Acquisition II Corp
Filing Date: 2025-08-01
Form: S-1/A
Chunk 346
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 liabilities are classified in the balance sheet as current or non-current based on whether or not net cash settlement or conversion of the instrument could be required within 12 months of the balance sheet date. The underwriter’s over-allotment option is deemed to be a freestanding financial instrument indexed on the contingently redeemable shares and will be accounted for as a liability pursuant to ASC 480 if not fully exercised at the time of the Proposed Public Offering.

Share Rights

The Company accounts for the Public Rights (as defined in Note 3) and Private Rights (as defined in Note 4) issued in connection with the proposed Public Offering, and the private placement in accordance with the guidance contained in FASB ASC Topic 815, “Derivatives and Hedging”. Accordingly, the Company evaluated and classified the rights under equity treatment at its assigned value.

Recent Accounting Pronouncements

Management does not believe that any recently issued, but not effective, accounting pronouncements, if currently adopted, would have a material effect on the Company’s unaudited condensed financial statements.

<div align='center'>F-13</div>

NOTE 3 — PROPOSED PUBLIC OFFERING

Pursuant to the Proposed Public Offering, the Company will offer for sale up to 5,000,000 Units (or 5,750,000 Units if the underwriter’s over-allotment option is exercised in full) at a purchase price of $10.00 per Unit. Each Unit consists of one Class A ordinary share and one right (“Public Right”), with each Public Right entitling the holder to receive one-tenth of one Class A ordinary share upon completion of an initial Business Combination, subject to adjustment (see Note 6).

NOTE 4 — PRIVATE PLACEMENT

The Sponsor, the Maxim Individuals and the third-party investors have agreed that they will purchase an aggregate of 150,000 Private Placement Units (or 153,750 Private Placement Units if the underwriter’s option is exercised in full) at a purchase price of $10.000 per Private Placement Unit. Each Unit will consist of one Class A ordinary share, and one right (“Private Right”), with each Private Right entitling the holder to receive one-tenth of one Class A ordinary share.

The proceeds from the sale of the Private Placement Units will be added to the net proceeds from the Proposed Public Offering held in the Trust Account. The Private Placement Units and underlying securities will not be transferable, assignable, or salable until the completion of a Business Combination,