Company: APACU
Filing Date: 2025-09-09
Form Type: S-1/A
Source: 0001829126-25-007247
Chunk: 11

Company: StoneBridge Acquisition II Corp
Filing Date: 2025-09-09
Form: S-1/A
Chunk 11
---
) | Our sponsor paid $25,000 for 1,916,667 founder shares and subsequently forfeited 825,000 of such founder shares, with the Maxim Individuals and the third-party investors purchasing an aggregate of 825,000 founder shares for an aggregate purchase price of approximately $10,760. |
| (2) | As of the date of this prospectus, we have not engaged our sponsor or any affiliate of our sponsor for the provision of any such services.                                                                                                                                            |

For other disclosure regarding compensation matters, see “ Summary—The Sponsor,” “ Proposed Business—Our Sponsor” and “ Management— Executive Officer and Director Compensation” in this Registration Statement.

The low price that our initial shareholders (directly or indirectly) paid for the founder shares creates an incentive whereby our sponsor and our officers and directors could potentially make a substantial profit even if we select an acquisition target that subsequently declines in value and is unprofitable for public shareholders. Additionally, because our initial shareholders (directly or indirectly) acquired the founder shares at a nominal price, our public shareholders will incur an immediate and substantial dilution upon the closing of this offering. If we are unable to complete our initial business combination within 18 months from the closing of this offering (or up to 24 months from the closing of this offering if we extend the period of time to consummate a business combination, as described in more detail in this prospectus) or during any extended time that we have to consummate a business combination beyond 24 months as a result of a shareholder vote to amend our amended and restated memorandum and articles of association, or by such earlier liquidation date as our board of directors may approve, the founder shares and the private placement units (including its constituent securities) will be worthless, except to the extent they receive liquidating distributions from assets outside the trust account. Additionally, we will repay up to $800,000 in loans made to us by our sponsor to cover offering-related and organizational expenses, and we will pay Scieniti LLC, an affiliate of our sponsor, an amount equal to $10,000 per month for office space, utilities and secretarial and administrative support made available to us by Scieniti LLC. We will repay any loans which may be made by our sponsor or an affiliate of our sponsor or certain of our directors and officers to finance transaction costs in connection with our initial business combination; up to $1,500,000 of such loans may be convertible into private placement units at a price of $10.00 per