Company: APACU
Filing Date: 2025-07-07
Form Type: S-1/A
Source: 0001829126-25-004915
Chunk: 256

Company: StoneBridge Acquisition II Corp
Filing Date: 2025-07-07
Form: S-1/A
Chunk 256
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 of the sponsor, may be permitted with the prior consent of the managing member of our
sponsor, as long as the transferee agrees to comply with the applicable transfer restrictions with respect to such securities to the
same extent as the party originally subject to such restrictions.

While non-managing sponsor members will not
be a direct party to the letter agreement or subscription agreements discussed above, to the extent membership interests are acquired
in the sponsor, such non-managing sponsor members would be bound by the restrictions set forth above with respect to their allocated
founder shares, private placement units and securities underlying the private placement units (including the restriction on transfer
of their membership interests because the letter agreement prohibits indirect transfers). However, the non-managing sponsor members
would not be subject to transfer restrictions or a lock-up agreement on any public units, public shares or public rights that they
may purchase in this offering or thereafter.

Pursuant to the terms of the subscription agreements
entered into between us and each of the Maxim Individuals and third-party investors, if we solicit approval of our shareholders for (i)
the appointment of directors, (ii) an initial business combination or (iii) an extension, in each case, each of the Maxim Individuals
and third-party investors will vote all of their founder shares in favor of (x) each of the directors nominated by our board of directors
and recommended by our board of directors in the appointment of directors and against any proposals to remove any such members of our
board, (y) such initial business combination (including any proposals recommended by our board of directors in connection with such business
combination) and (z) such extension.

Registration Rights

The holders of the (i) founder shares, which were issued in a private placement prior to the closing of this offering, (ii) private placement units which will be issued in a private placement simultaneously with the closing of this offering and the Class A ordinary shares underlying such private placement units and (iii) private placement units and units that may be issued upon conversion of working capital loans will have registration rights to require us to register a sale of any of our securities held by them and any other securities of the company acquired by them prior to the consummation of our initial business combination pursuant to a registration rights agreement to be signed prior to or on the effective date of this offering. Pursuant to the registration rights agreement and assuming the underwriter exercises its over-allotment option in full and $1,500,000 of working capital loans are converted into private placement