Company: APACU
Filing Date: 2025-09-09
Form Type: S-1/A
Source: 0001829126-25-007247
Chunk: 249

Company: StoneBridge Acquisition II Corp
Filing Date: 2025-09-09
Form: S-1/A
Chunk 249
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 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 units, we will be obligated to register up to 2,250,792 Class A ordinary shares. The number of Class A ordinary shares includes (i) 1,916,667 Class A ordinary shares to be issued upon conversion of the founder shares, (ii) 169,125 Class A ordinary shares underlying the private placement units (including the shares issuable upon conversion of the rights included in the private placement units) and (iii) 165,000 Class A ordinary shares underlying the private placement units issued upon conversion of working capital loans (including the shares issuable upon conversion of the rights included in such private placement units). The holders of these securities are entitled to make up to three demands, excluding short form demands, that we register such securities. In addition, the holders have certain “piggy-back” registration rights with respect to registration statements filed subsequent