Company: APACU
Filing Date: 2025-09-09
Form Type: S-1/A
Source: 0001829126-25-007247
Chunk: 174

Company: StoneBridge Acquisition II Corp
Filing Date: 2025-09-09
Form: S-1/A
Chunk 174
---
 serving business-to-business-to-consumer customers and business-to-business customers across various segments. Bhargav Marepally and Prabhu Antony currently serve on the board of directors of DigiAsia. As of the date hereof, neither our sponsor nor its affiliates is involved in any other SPAC. Bhargav Marepally and Prabhu Antony are currently, and until our initial business combination are expected to be, our only executive officers and will be responsible for our day-to-day operations and our search for, and execution of, an initial business combination.

| 7 | See Inc42 Media. (2024). Unicorns of Tomorrow: Decoding India’s Soonicorn Landscape Report, 2024. Inc42 Media.                   |
| 8 | See U.S.–China Economic and Security Review Commission. (2025, March 7). Chinese companies listed on major U.S. stock exchanges. |

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The Prior SPAC was incorporated in the Cayman
Islands in February 2021. On July 20, 2021, the Prior SPAC consummated its initial public offering of 20,000,000 units for
total gross proceeds of $200 million. Each unit consisted of one Class A ordinary share and one-half of one redeemable warrant, with
each whole warrant entitling the holder thereof to purchase one Class A ordinary share for $11.50 per share. Simultaneously with the
closing of the initial public offering, pursuant to the Prior SPAC completed a private sale of an aggregate of 8,000,000 warrants to
the Prior SPAC’s sponsor and the underwriters in the initial public offering at a purchase price of $1.00 per private warrant,
generating gross proceeds to the Prior SPAC of $8,000,000. A total of $202,000,000, comprised of the proceeds from the initial public
offering after offering expenses and the proceeds of the sale of the private warrants, was placed in a U.S.-based trust account. The
Prior SPAC originally had 15 months (subject to two extensions by its sponsor for three months each) from the closing of its initial
public offering within which to consummate an initial business combination, which deadline was extended a couple of times. On January 5,
2023, the Prior SPAC entered into a business combination agreement with DigiAsia. On December 19, 2023, the Prior SPAC