APAC CFO-linked entity acquires 100,000 Class B shares
StoneBridge Acquisition II Corp insider filing shows an indirect change in sponsor-held shares.
Rhea-AI Filing Summary
StoneBridge Acquisition II Corp insider filing shows an indirect change in sponsor-held shares. An entity associated with Chief Financial Officer and director Antony Prabhu is reported as indirectly acquiring 100,000 Class B Ordinary Shares on February 5, 2026 at a price of $0.00 per share.
After this transaction, 991,667 Class B Ordinary Shares are beneficially owned indirectly. These Class B shares automatically convert into an equal number of Class A Ordinary Shares at the time of the company’s initial business combination on a one-for-one basis, subject to adjustments and with no expiration date.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Ordinary Shares | 100,000 | $0.00 | $0.00 |
Footnotes (2)
- F1. On, and effective, February 5, 2026, the board of directors (the "Board") of StoneBridge Acquisition II Corporation (the "Issuer") approved an equity grant of 100,000 Class B Ordinary Shares of the Issuer to four independent members of the Board for their respective services as members of the Board and committees of the Board. The Class B Shares were transferred by and from the Issuer's sponsor, StoneBridge Acquisition Sponsor II LLC (the "Sponsor"), to the four independent members of the Board. The Class B Ordinary Shares will automatically convert into Class A Ordinary Shares at the time of the Issuer's initial business combination on a one-for-one basis, subject to certain adjustments and have no expiration date.
- F2. The shares were, and are, as applicable, directly held by the Sponsor. The reporting person is a member of BP SPAC Sponsor II LLC, the sole managing member of the Sponsor. As such, the reporting person has voting and investment discretion with respect to the ordinary shares held of record by the Sponsor and may be deemed to have shared beneficial ownership of the ordinary shares held directly by the Sponsor. The reporting person disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest he may have therein, directly or indirectly.
FAQ
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