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Ipos overview

StoneBridge Acquisition II Corp (APACU)


Company Overview

Proposed Symbol APACU
Company Name StoneBridge Acquisition II Corp
Exchange
Share Price $
Employees 2 (as of 05/05/2025)
Status
Shares Offered
Offer amount $57,500,000
Shares Over Alloted
Company Address ONE WORLD TRADE CENTER SUITE 8500 NEW YORK NY 10007
Company Phone 646-314-3555
Company Website www.hwelectro.co.jp
CEO Bhargav Marepally
State of Inc
Fiscal Year End 12-31
Total Offering Expense $750,000.00
Shareholder Shares Offered
Shares Outstanding 7,016,667
Lockup Period (days) 180
Lockup Expiration
Quiet Period Expiration
CIK 0002043630
DealId 1334074-113847

Company Description

We are a blank check company incorporated in June 2024 as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. While we may pursue an initial business combination target in any industry or geographic location, we intend to focus our search on international businesses that would benefit in valuation arbitrage by going public in the United States on a U.S national securities exchange. We currently intend to focus our search for an initial business combination target in the following key verticals: (i) Electronic Commerce, or Ecommerce, (ii) Financial Technology, or Fintech, (iii) Software as a Service, or SaaS, (iv) Renewable Energy, (v) Mining, and (vi) Information Technology, or IT, and IT-Enabled Services. Our current intended geographic focus is the Asia-Pacific, or APAC, and the Europe, Middle East and Africa, or EMEA, regions. Bhargav Marepally, our Chief Executive Officer, and Prabhu Antony, our President, organized StoneBridge Acquisition Corporation, or the Prior SPAC, and, together with three of our four director nominees, managed the Prior SPAC through an initial business combination in April 2024 with DigiAsia Corp., or DigiAsia (NASDAQ: FAAS). DigiAsia is among the first embedded Fintech as a service companies in Indonesia serving business-to-business-to-consumer customers, such as large corporations and state-owned enterprises, as well as business-to-business customers, such as micro, small and medium-sized enterprise merchants, across various segments. We believe that Asia (especially South Asia) is entering a new era of economic growth, particularly in the new economy sectors, which we expect will result in attractive initial business combination opportunities for attractive risk-adjusted returns. We intend to focus our efforts on seeking and completing an initial business combination with a company that has an enterprise value of between $50.0 million and $200.0 million, although we may consider a target entity with a smaller or larger enterprise value. --- Our executive offices are located at One World Trade Center, Suite 8500, New York, New York 10007, and our telephone is (646) 314-3555.