Company: APACU
Filing Date: 2025-05-05
Form Type: S-1
Source: 0001829126-25-003414
Chunk: 9

Company: StoneBridge Acquisition II Corp
Filing Date: 2025-05-05
Form: S-1
Chunk 9
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 issuance of Class A ordinary shares as a matter of Cayman Islands law. See “ The Offering—Founder Shares” for additional information.

Prior to and/or in connection with the closing of our initial business combination, only holders of our Class B ordinary shares (i) will have the right to appoint and remove directors prior to or in connection with the completion of our initial business combination and (ii) will be entitled to vote on continuing our company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). On any other matters submitted to a vote of our shareholders prior to or in connection with the completion of our initial business combination, holders of the Class B ordinary shares and holders of the Class A ordinary shares will vote together as a single class, except as required by law.

In addition to the 1,916,667 founder shares (250,000 of which are subject to forfeiture) purchased by our sponsor for $25,000 (or $0.01 per share), the 100,000 private placement units our sponsor has agreed to purchase in the private placement for an aggregate purchase price of $1,000,000 (or $10.00 per unit), the 50,000 private placement units (or 53,750 private placement units if the underwriter’s over-allotment option is exercised in full) the non-managing sponsor investors have expressed an interest in indirectly purchasing in the private placement for an aggregate purchase price of $500,000, or $537,500 if the underwriter’s over-allotment option is exercised in full (or, in each case $10.00 per unit), our sponsor (or its affiliates) or certain of our officers and directors may make loans to us, which would be repaid by us, to finance transaction costs in connection with our initial business combination, the terms of which have not been determined nor have any written agreements been executed with respect thereto. Up to $1,500,000 of such loans may, at the option of the lender, be converted into units at a price of $10.00 per unit (which, for example, would result in the holders being issued 165,000 Class A ordinary shares if $1,500,000 of notes were so converted (including 15,000 Class A ordinary shares upon the closing of our initial business combination in respect