StoneBridge Acquisition II Corporation Moves Forward with IPO Plan

StoneBridge Acquisition II Corporation Announces IPO Details
NEW YORK - StoneBridge Acquisition II Corporation, often referred to as the Company, has recently unveiled the pricing of its initial public offering. The IPO includes a total of 5,000,000 units, each positioned at a price of $10.00. This exciting move allows investors to engage with the Company by acquiring units consisting of one Class A ordinary share along with a right that grants an entitlement to receive a fraction of another Class A ordinary share following the Company's initial business combination.
Understanding the IPO Process
The mechanisms of an IPO can seem complex, so let’s break it down. Each unit in this offering will be part of a larger strategy to ensure transparency and growth. A total of $10.00 from each unit will be secured in a trust account, ensuring that it is designated for future business combinations with reputable partners. The trust will be managed by Continental Stock Transfer & Trust Company, a reliable trustee in this significant process.
Trading on Nasdaq
The units issued are projected to commence trading on the Nasdaq Capital Market under the ticker symbol "APACU". Once the components of the units begin trading separately, you can expect the Class A ordinary shares and rights to be assigned their own symbols: "APAC" and "APACR" respectively.
Key Players in the IPO
Maxim Group LLC has been appointed as the sole book-running manager for this IPO, playing a critical role in guiding the Company toward a successful market entry. Their expertise will pave the way for a smooth offering process and is essential for attracting investment.
Additional Unit Options
The Company has also provided a safety net for the underwriters by granting a 45-day option that allows them to acquire an extra 750,000 units at the initial offering price minus any underwriting discounts. This option is designed to cover any over-allotments that may arise during the offering phase.
Closing Timeline and Conditions
The targeted closing date for this IPO is set for October 1, 2025, contingent upon meeting customary closing conditions. The anticipation builds as stakeholders await the finalization of this significant venture.
Registration Statement Availability
A registration statement on Form S-1 related to these securities has already gained effective approval from the U.S. Securities and Exchange Commission. Investors will soon have access to the prospectus related to this offering, providing them with the necessary insights to make informed decisions.
About StoneBridge Acquisition II Corporation
For those unfamiliar, StoneBridge Acquisition II Corporation operates as a special purpose acquisition company (SPAC). The primary mission is to facilitate business combinations through mergers, acquisitions, or share exchanges with target companies. This operational model is conducive for investments and aligns with current market trends where SPACs have gained traction.
Contact Information for Inquiries
For further inquiries or detailed information about this exciting opportunity, interested parties can reach out to Bhargav Marepally, the CEO of StoneBridge Acquisition II Corporation. He can be contacted via email at bhargav.marepally@stonebridgespac.com. This direct line of communication ensures transparency and accessibility for all stakeholders.
Frequently Asked Questions
What is the purpose of StoneBridge Acquisition II Corporation?
The Company is a SPAC that aims to conduct business combinations through mergers and acquisitions.
How many units are included in the IPO?
The initial public offering includes 5,000,000 units priced at $10.00 each.
Who is managing the IPO process?
Maxim Group LLC is the sole book-running manager for the IPO.
When is the expected closing date for the IPO?
The IPO is expected to close on October 1, 2025, pending customary conditions.
What is the ticker symbol for the units on Nasdaq?
The units will trade under the ticker symbol "APACU" on the Nasdaq Capital Market.
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