StoneBridge Acquisition II waives sponsor admin fees
StoneBridge Acquisition II Corporation reported a change to its related-party administrative services arrangement.
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Rhea-AI Filing Summary
StoneBridge Acquisition II Corporation reported a change to its related-party administrative services arrangement. The company had entered into an Administrative Services Agreement on September 30, 2025 with Scieniti LLC, an affiliate of its sponsor, under which it agreed to pay $10,000 per month for office space, utilities, and secretarial and administrative support.
On August 10, 2026, StoneBridge and Scieniti executed a waiver under which Scieniti irrevocably waived its right to receive these monthly fees for all periods starting October 1, 2025 through the earlier of the company’s initial business combination or its liquidation. This waiver reduces ongoing administrative fee obligations to the affiliate for that period. The waiver is documented in an exhibit to the report.
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8-K Event Classification
Key Figures
Key Terms
Administrative Services Agreement financial
initial business combination financial
emerging growth company regulatory
Cayman Islands exempted company regulatory
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What agreement change did StoneBridge Acquisition II (APAC) disclose?
How much were the monthly fees under APAC’s Administrative Services Agreement?
From what date are APAC’s administrative fees waived under the new arrangement?
How long will the administrative fee waiver for StoneBridge Acquisition II (APAC) remain in effect?
Who is Scieniti LLC in relation to StoneBridge Acquisition II (APAC)?
AI-generated analysis. How Rhea-AI works. Not financial advice.