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StoneBridge Acquisition II Corporation (NASDAQ: APACU) announced that, commencing November 21, 2025, holders of units may elect to separately trade the Company's Class A ordinary shares and rights included in those units.
The separated Class A ordinary shares are expected to trade under the symbol APAC and the separated rights under APACR; any units not separated will continue trading as APACU. No fractional rights will be issued on separation and only whole rights will trade. Each unit consists of one Class A ordinary share and one right, with each right entitling the holder to receive 1/10 of one Class A ordinary share upon consummation of the Company's initial business combination. Holders must contact the transfer agent to effect separation.
StoneBridge Acquisition II Corporation (Nasdaq: APACU) has successfully completed its initial public offering, raising $57.5 million through the sale of 5,750,000 units at $10.00 per unit. The offering includes 750,000 units issued through an over-allotment option.
Each unit consists of one Class A ordinary share and one right, with the right entitling holders to receive one-tenth of a Class A ordinary share upon completion of an initial business combination. The units trade on Nasdaq under "APACU", with the Class A shares and rights to trade separately under "APAC" and "APACR" respectively. Maxim Group LLC served as the sole book-running manager for the offering.
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