APACR

StoneBridge Acquisition II Corp. operates as a special purpose acquisition company (SPAC) formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company is sponsored by StoneBridge Company LLC and focuses on identifying target businesses primarily in the financial services and financial technology sectors. Headquartered in New York, StoneBridge Acquisition II completed its initial public offering in February 2021, raising approximately $200 million in gross proceeds. The SPAC structure provides the company with a defined timeframe, typically 18 to 24 months from its IPO, to identify and complete a qualifying business combination, though extensions may be obtained through shareholder approval. As a blank-check company, StoneBridge Acquisition II maintains its IPO proceeds in a trust account while management conducts due diligence on potential acquisition targets. The company's leadership team brings extensive experience in financial services, investment banking, and corporate development. APACR units consist of one share of Class A common stock and one-half of one redeemable warrant, with each whole warrant exercisable for one share of common stock at a price of $11.50 per share. The company operates under the regulatory framework established by the Securities and Exchange Commission for SPACs and is listed on the NASDAQ exchange.