Company: APACU
Filing Date: 2025-11-12
Form Type: 10-Q
Source: 0001829126-25-009045
Chunk: 9

Company: StoneBridge Acquisition II Corp
Filing Date: 2025-11-12
Form: 10-Q
Item: Part I, Item 1
Chunk 9
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 initial Business Combination or to redeem 100% of the Public Shares if the Company fails to complete the initial
Business Combination within 18 months from the closing of the Initial Public Offering (or up to 24 months from the closing of the Initial
Public Offering if the Company extends the period of time to consummate an initial Business Combination by the full amount of time, as
described in more detail below) or such earlier liquidation date as the Company’s board of directors may approve or (B) with respect
to any other provision relating to shareholders’ rights or pre-initial business combination activity and (iii) waive its rights
to liquidating distributions from the Trust Account with respect to its private placement shares if the Company fails to complete the
initial Business Combination within the prescribed timeframe. In addition, the Sponsor has agreed to vote any private placement shares
held by it in favor of the initial Business Combination.

The Company will have until 18 months from the closing of the Initial Public Offering or until such earlier liquidation date as the Company’s board of directors may approve, to consummate the Company’s initial Business Combination. However, if the Company anticipates that it may not be able to consummate its initial Business Combination within 18 months, it may extend the period of time to consummate an initial Business Combination up to two times, each by an additional three months (for a total of up to 24 months to complete a Business Combination) (such 18-month period, as may be extended to 24 months, the “Combination Period”). The aforementioned extensions do not require shareholder approval. In order to extend the time available for the Company to consummate its initial Business Combination, the 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 the Company extends 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 the Company’s initial Business Combination. If the Company