StoneBridge Acquisition II Corporation filings document the regulatory record of a SPAC issuer with Nasdaq-listed units, Class A ordinary shares, and rights. The APACU units consist of one Class A ordinary share and one right to acquire one-tenth of one Class A ordinary share, while related securities trade under APAC and APACR.
The company’s 8-K disclosures cover material events tied to governance and capital structure, including board appointments, board resignations, director equity grants, and Class B ordinary share matters. The filings also identify the issuer’s Cayman Islands incorporation, registered securities, exchange listings, and public-company reporting framework.
StoneBridge Acquisition II Corporation, a blank check company, reported net income of $387,601 for the three months ended March 31, 2026. Earnings came almost entirely from $510,416 of dividend income and $4,127 of interest on investments in its Trust Account, partially offset by $126,942 of general and administrative costs.
At quarter-end, the company held $58,558,815 in its Trust Account and cash of $329,698 for operations, with total assets of $59,032,012. There were 5,750,000 Class A public shares classified as redeemable and 1,916,667 Class B founder shares outstanding. Management discloses substantial doubt about the ability to continue as a going concern within one year, as the company has not yet completed a business combination and faces a deadline of April 1, 2027, extendable to October 1, 2027, to consummate a deal.
StoneBridge Acquisition II Corporation, a blank check company, reported net income of $387,601 for the three months ended March 31, 2026. Earnings came almost entirely from $510,416 of dividend income and $4,127 of interest on investments in its Trust Account, partially offset by $126,942 of general and administrative costs.
At quarter-end, the company held $58,558,815 in its Trust Account and cash of $329,698 for operations, with total assets of $59,032,012. There were 5,750,000 Class A public shares classified as redeemable and 1,916,667 Class B founder shares outstanding. Management discloses substantial doubt about the ability to continue as a going concern within one year, as the company has not yet completed a business combination and faces a deadline of April 1, 2027, extendable to October 1, 2027, to consummate a deal.
Karpus Management, Inc. reports beneficial ownership of 5.56%—433,550 shares—of StoneBridge Acquisition II Corp common stock as of 03/31/2026.
The filing (Schedule 13G) states these shares are owned directly by accounts managed by Karpus and that Karpus has sole voting and dispositive power over 433,550 shares. The CUSIP is G85096108.
Karpus Management, Inc. reports beneficial ownership of 5.56%—433,550 shares—of StoneBridge Acquisition II Corp common stock as of 03/31/2026.
The filing (Schedule 13G) states these shares are owned directly by accounts managed by Karpus and that Karpus has sole voting and dispositive power over 433,550 shares. The CUSIP is G85096108.
StoneBridge Acquisition II Corporation ownership filing reports that Clear Street LLC beneficially owns 307,426 shares of Common Stock, representing 5.0% of the class as of 05/05/2026. The filing shows Clear Street LLC holds sole voting and sole dispositive power over those shares. The Schedule 13G identifies Clear Street LLC's principal address and the reporting signatory as John DiBacco, Head of Markets Trading.
StoneBridge Acquisition II Corporation ownership filing reports that Clear Street LLC beneficially owns 307,426 shares of Common Stock, representing 5.0% of the class as of 05/05/2026. The filing shows Clear Street LLC holds sole voting and sole dispositive power over those shares. The Schedule 13G identifies Clear Street LLC's principal address and the reporting signatory as John DiBacco, Head of Markets Trading.
StoneBridge Acquisition II Corporation reported that director Richard Saldanha resigned from the board and all committees effective May 8, 2026. The company states his resignation was not due to any disagreement with management, the board, or company policies or practices.
Mr. Saldanha had previously received a one-time equity grant of 25,000 Class B ordinary shares on February 5, 2026, for his board service. These shares were transferred to him from the sponsor’s existing holdings and were set to vest upon completion of the company’s initial business combination, contingent on his continued board service.
Because he resigned before any business combination was consummated, the 25,000 Class B ordinary shares will automatically be returned to Stonebridge Acquisition Sponsor II LLC under the terms of the grant agreement.
StoneBridge Acquisition II Corporation reported that director Richard Saldanha resigned from the board and all committees effective May 8, 2026. The company states his resignation was not due to any disagreement with management, the board, or company policies or practices.
Mr. Saldanha had previously received a one-time equity grant of 25,000 Class B ordinary shares on February 5, 2026, for his board service. These shares were transferred to him from the sponsor’s existing holdings and were set to vest upon completion of the company’s initial business combination, contingent on his continued board service.
Because he resigned before any business combination was consummated, the 25,000 Class B ordinary shares will automatically be returned to Stonebridge Acquisition Sponsor II LLC under the terms of the grant agreement.
Stonebridge Acquisition II Corporation reports a Schedule 13G/A disclosing that Wolverine Asset Management, LLC and related entities/individuals beneficially own 401,013 Class A ordinary shares. The filing states this equals 6.54% of the outstanding Class A shares, using 6,133,750 shares outstanding as of March 18, 2026. The filing explains shared voting and dispositive power across Wolverine Asset Management, Wolverine Holdings, Christopher L. Gust, and Robert R. Bellick, and notes Wolverine Flagship Fund Trading Limited has the right to receive dividends or sale proceeds for the covered shares.
Stonebridge Acquisition II Corporation reports a Schedule 13G/A disclosing that Wolverine Asset Management, LLC and related entities/individuals beneficially own 401,013 Class A ordinary shares. The filing states this equals 6.54% of the outstanding Class A shares, using 6,133,750 shares outstanding as of March 18, 2026. The filing explains shared voting and dispositive power across Wolverine Asset Management, Wolverine Holdings, Christopher L. Gust, and Robert R. Bellick, and notes Wolverine Flagship Fund Trading Limited has the right to receive dividends or sale proceeds for the covered shares.
Stonebridge Acquisition II Corporation received an updated ownership report from Glazer Capital, LLC and Paul J. Glazer on a Schedule 13G/A. The Reporting Persons disclose beneficial ownership of 407,105 units, representing 6.64% of the outstanding class of units.
The securities are held through investment funds managed by Glazer Capital, including Glazer Capital Enhanced Master Fund, Ltd., which has the right to receive proceeds from the sale of more than 5% of the issuer’s units. The filers state the holdings are in the ordinary course of business and not for changing or influencing control of the company.
Stonebridge Acquisition II Corporation received an updated ownership report from Glazer Capital, LLC and Paul J. Glazer on a Schedule 13G/A. The Reporting Persons disclose beneficial ownership of 407,105 units, representing 6.64% of the outstanding class of units.
The securities are held through investment funds managed by Glazer Capital, including Glazer Capital Enhanced Master Fund, Ltd., which has the right to receive proceeds from the sale of more than 5% of the issuer’s units. The filers state the holdings are in the ordinary course of business and not for changing or influencing control of the company.
Mizuho Financial Group, Inc. has disclosed a sizeable ownership position in StoneBridge Acquisition II Corporation. The firm reports beneficial ownership of 552,055 common shares, representing 9.0% of the class, with sole voting and sole dispositive power over all of these shares.
Mizuho, a Japan-based parent holding company, may be deemed an indirect beneficial owner of shares held directly by its wholly owned subsidiary, Mizuho Securities USA LLC. The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of StoneBridge Acquisition II Corporation.
Mizuho Financial Group, Inc. has disclosed a sizeable ownership position in StoneBridge Acquisition II Corporation. The firm reports beneficial ownership of 552,055 common shares, representing 9.0% of the class, with sole voting and sole dispositive power over all of these shares.
Mizuho, a Japan-based parent holding company, may be deemed an indirect beneficial owner of shares held directly by its wholly owned subsidiary, Mizuho Securities USA LLC. The shares were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of StoneBridge Acquisition II Corporation.
StoneBridge Acquisition II Corporation granted 100,000 Class B ordinary shares to each of four independent directors as a one-time equity award for their service on the board and its committees.
The shares were transferred to the directors by the company’s sponsor, Stonebridge Acquisition Sponsor II LLC, from existing Class B ordinary shares already held by the sponsor. Each director also signed a joinder to the Sponsor Letter Agreement dated September 30, 2025, agreeing to be bound by its terms.
StoneBridge Acquisition II Corporation granted 100,000 Class B ordinary shares to each of four independent directors as a one-time equity award for their service on the board and its committees.
The shares were transferred to the directors by the company’s sponsor, Stonebridge Acquisition Sponsor II LLC, from existing Class B ordinary shares already held by the sponsor. Each director also signed a joinder to the Sponsor Letter Agreement dated September 30, 2025, agreeing to be bound by its terms.
BP SPAC Sponsor II LLC, a 10% owner of StoneBridge Acquisition II Corp. (APAC), reported a change related to 100,000 Class B Ordinary Shares on February 5, 2026. The board approved an equity grant of these 100,000 Class B shares to four independent directors for their board and committee service.
The Class B shares were transferred by and from the Sponsor to the independent directors and will automatically convert into Class A Ordinary Shares at the time of the company’s initial business combination on a one-for-one basis, with no expiration date. Following the reported transaction, the Sponsor indirectly holds 991,667 Class B Ordinary Shares. Voting and investment discretion over the Sponsor’s Class B shares is held by Bhargav Marepally and Prabhu Antony, who each disclaim beneficial ownership beyond any pecuniary interest.
BP SPAC Sponsor II LLC, a 10% owner of StoneBridge Acquisition II Corp. (APAC), reported a change related to 100,000 Class B Ordinary Shares on February 5, 2026. The board approved an equity grant of these 100,000 Class B shares to four independent directors for their board and committee service.
The Class B shares were transferred by and from the Sponsor to the independent directors and will automatically convert into Class A Ordinary Shares at the time of the company’s initial business combination on a one-for-one basis, with no expiration date. Following the reported transaction, the Sponsor indirectly holds 991,667 Class B Ordinary Shares. Voting and investment discretion over the Sponsor’s Class B shares is held by Bhargav Marepally and Prabhu Antony, who each disclaim beneficial ownership beyond any pecuniary interest.
StoneBridge Acquisition II Corp director Richard Saldanha received an equity grant of 25,000 Class B Ordinary Shares on February 5, 2026 for his service on the board and its committees. The shares were transferred to him from StoneBridge Acquisition Sponsor II LLC at no stated cash price.
The 25,000 Class B Ordinary Shares will automatically convert into 25,000 Class A Ordinary Shares on a one-for-one basis at the time of the company’s initial business combination, subject to adjustments, and they have no expiration date. Following the grant, Saldanha directly beneficially owns 25,000 derivative securities linked to Class A Ordinary Shares.
StoneBridge Acquisition II Corp director Richard Saldanha received an equity grant of 25,000 Class B Ordinary Shares on February 5, 2026 for his service on the board and its committees. The shares were transferred to him from StoneBridge Acquisition Sponsor II LLC at no stated cash price.
The 25,000 Class B Ordinary Shares will automatically convert into 25,000 Class A Ordinary Shares on a one-for-one basis at the time of the company’s initial business combination, subject to adjustments, and they have no expiration date. Following the grant, Saldanha directly beneficially owns 25,000 derivative securities linked to Class A Ordinary Shares.