Company: APACU
Filing Date: 2025-07-07
Form Type: S-1/A
Source: 0001829126-25-004915
Chunk: 29

Company: StoneBridge Acquisition II Corp
Filing Date: 2025-07-07
Form: S-1/A
Chunk 29
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 our initial business combination. In addition, Maxim has agreed (i) to waive its redemption rights with respect to such shares in connection with the completion of our initial business combination and (ii) to waive its rights to liquidating distributions from the trust account with respect to such shares if we fail to complete our initial business combination within the periods of time as provided in our amended and restated memorandum and articles of association.                                                                                                                                                                                                                                                                                                                                                                                                            |
| Lock-up Agreement with Underwriter                                                                            |     | 180 days after the date of this prospectus                           |     |                     |     | We, our sponsor and our officers and directors have agreed that we will not offer, sell, contract to sell, pledge or otherwise dispose of, directly or indirectly, without the prior written consent of the underwriter, for a period of 180 days after the date of this prospectus, any units, ordinary shares or any other securities convertible into, or exercisable, or exchangeable for, ordinary shares; provided, however, that we may (i) issue and sell the private placement units, (ii) issue and sell the additional units to cover the underwriter’s over-allotment option (if any), (iii) register with the SEC pursuant to an agreement entered into on the date of this prospectus, the resale of the private placement units and the underlying securities and the founder shares, and (iv issue securities in connection with our initial business combination. The underwriter, in its sole discretion, may release any of the securities subject to these lock-up agreements at any time without notice. |

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Up to 250,000 of the founder shares held
by our sponsor will be surrendered for no consideration depending on the extent to which the underwriter’s over-allotment
option is exercised. In addition, in order to facilitate our initial business combination or for any other reason determined by our sponsor in its sole discretion, our sponsor may surrender or forfeit,
transfer or exchange our founder shares, private placement units or any of our other securities, including for no consideration, as
well as subject any such securities to earn-outs or other restrictions, or otherwise amend the terms of any such securities or enter
into any other arrangements with respect to any such securities.

Pursuant to the operating agreement of
our sponsor, except in certain limited circumstances, no member of our sponsor (including any non-managing sponsor members) may
transfer all or any portion of its membership interests in the sponsor. Pursuant to the