StoneBridge Acquisition II (APAC) sponsor grants 100K Class B shares to board
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
StoneBridge Acquisition Sponsor II LLC, a 10% owner of StoneBridge Acquisition II Corp, reported an equity grant effective February 5, 2026. The sponsor transferred 100,000 Class B Ordinary Shares to four independent board members as compensation for their board and committee service.
These Class B shares automatically convert into Class A Ordinary Shares on a one-for-one basis at the time of the company’s initial business combination and have no expiration date. After this grant, the sponsor reports beneficial ownership of 991,667 Class B Ordinary Shares, held directly.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
StoneBridge Acquisition Sponsor II LLC
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class B Ordinary Shares | 100,000 | $0.00 | -- |
Holdings After Transaction:
Class B Ordinary Shares — 991,667 shares (Direct)
Footnotes (1)
- 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 reporting person, which entity is also the Issuer's 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. The shares were, and are, as applicable, directly held by the reporting person. BP SPAC Sponsor II LLC is the sole managing member of the reporting person. Bhargav Marepally and Prabhu Antony are the managing members of BP SPAC Sponsor II LLC, and have voting and investment discretion with respect to the Class B Ordinary Shares held directly by the reporting person. Each of Mr. Marepally and Mr. Antony disclaims any beneficial ownership of the reported shares other than to the extent of any pecuniary interest each may have therein, directly or indirectly.
FAQ
What insider transaction did StoneBridge Acquisition Sponsor II LLC report for APAC?
StoneBridge Acquisition Sponsor II LLC reported transferring 100,000 Class B Ordinary Shares of StoneBridge Acquisition II Corp (APAC) to four independent board members as equity compensation, effective February 5, 2026, while retaining 991,667 Class B shares directly.
What is StoneBridge Acquisition Sponsor II LLC’s ownership after the reported APAC transaction?
Following the reported transaction, StoneBridge Acquisition Sponsor II LLC beneficially owns 991,667 Class B Ordinary Shares of StoneBridge Acquisition II Corp. These shares are held directly by the sponsor entity as reported in the Form 4 filing data.