Company: APACU
Filing Date: 2025-07-07
Form Type: S-1/A
Source: 0001829126-25-004915
Chunk: 78

Company: StoneBridge Acquisition II Corp
Filing Date: 2025-07-07
Form: S-1/A
Chunk 78
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 case, our public shareholders may only receive $9.90 per share, or possibly less, and our rights will expire without value to the holder. In certain circumstances, our public shareholders may receive less than $9.90 per share on the redemption of their shares. See “—If third parties bring claims against us, the proceeds held in the trust account could be reduced and the per-share redemption amount received by shareholders may be less than $9.90 per share” and other risk factors described in this “Risk Factors” section.

Our sponsor and/or our shareholders may decide not to extend the term we have to consummate our initial business combination, in which case we would redeem our public shares, and the rights will be worthless.

We will have until the date that is 18
months from the closing of this offering or until such earlier liquidation date as our board of directors may approve, to consummate
our initial business combination. However, if we anticipate that we may not be able to consummate our initial business combination
within 18 months, we may extend the period of time to consummate a business combination up to two times, each by an additional three
(3) months (for a total of up to 24 months to complete a business combination). The aforementioned extensions do not require
shareholder approval. Pursuant to the terms of our amended and restated memorandum and articles of association and the trust
agreement to be entered into between us and Efficiency on the date of this prospectus, in order to extend the time available for us
to consummate our initial business combination, our sponsor or its affiliates or designees, upon five days advance notice prior to
the applicable deadline, must deposit into the trust account $500,000, or up to $575,000 if the underwriter’s over-allotment
option is exercised in full ($0.10 per share in either case) on or prior to the date of the applicable deadline, for each three
month extension (or up to an aggregate of $1,000,000 (or $1,150,000 if the underwriter’s over-allotment option is exercised in
full), or $0.20 per share if we extend for the full six months). Any such payments would be made in the form of a loan. Any such
loans will be non-interest bearing and payable upon the consummation of our initial business combination, and then only from the
amount remaining in the trust account after redemptions in