StoneBridge Acquisition II Corporation announces separate trading for Class A shares and rights starting November 21, 2025.
Quiver AI Summary
StoneBridge Acquisition II Corporation has announced that starting November 21, 2025, holders of the units from its initial public offering can trade the Company’s Class A ordinary shares and associated rights separately on the Nasdaq Stock Market, under the symbols “APAC” and “APACR,” respectively. Only whole rights will be available for trade, with any remaining units continuing to be traded under the symbol “APACU.” To separate their units, holders must have their brokers contact the Company’s transfer agent. The securities were offered in an IPO managed by Maxim Group LLC, and a registration statement was declared effective by the SEC on September 30, 2025. StoneBridge Acquisition II is a blank check company, or SPAC, aimed at facilitating business combinations. The press release includes forward-looking statements subject to risks and uncertainties, and advises potential investors to consult official filings for additional information.
Potential Positives
- Holders of units will have the opportunity to separately trade Class A ordinary shares and rights, potentially increasing liquidity and providing more flexibility for investors.
- The transition to separate trading on the Nasdaq Capital Market under specific symbols may enhance the visibility and credibility of the company in the financial markets.
- The offering was successfully underwritten by Maxim Group LLC, indicating confidence from a reputable financial institution in the company's prospects.
Potential Negatives
- The press release mainly announces the separation of units for trading, which may indicate a lack of significant developments or updates regarding the company's business operations or strategies.
- There is an implication of potential risks and uncertainties related to the trading of shares and rights, as stated in the forward-looking statements section, which could create concerns among investors.
- As a SPAC, the company is under pressure to complete a business combination, and the announcement does not provide any insights into potential merger targets or timelines, which may raise questions about the company's future prospects.
FAQ
When will Class A ordinary shares and rights start trading separately?
Class A ordinary shares and rights will start trading separately on November 21, 2025.
What are the trading symbols for the separated shares and rights?
The Class A ordinary shares will trade under the symbol “APAC,” and the rights will trade under “APACR.”
How can unit holders separate their shares and rights?
Unit holders need to have their brokers contact Continental Stock Transfer & Trust Company to separate the units.
What happens to units that are not separated?
Units that are not separated will continue to trade on Nasdaq under the symbol “APACU.”
Who managed the initial public offering for StoneBridge Acquisition II Corporation?
Maxim Group LLC acted as the sole-book running manager for the initial public offering.
Disclaimer: This is an AI-generated summary of a press release distributed by GlobeNewswire. The model used to summarize this release may make mistakes. See the full release here.
$APACU Hedge Fund Activity
We have seen 22 institutional investors add shares of $APACU stock to their portfolio, and 0 decrease their positions in their most recent quarter.
Here are some of the largest recent moves:
- RIVERNORTH CAPITAL MANAGEMENT, LLC added 495,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $4,935,150
- GLAZER CAPITAL, LLC added 400,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $3,988,000
- DECAGON ASSET MANAGEMENT LLP added 396,557 shares (+inf%) to their portfolio in Q3 2025, for an estimated $3,953,673
- AQR ARBITRAGE LLC added 375,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $3,738,750
- SHAOLIN CAPITAL MANAGEMENT LLC added 370,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $3,688,900
- METEORA CAPITAL, LLC added 330,499 shares (+inf%) to their portfolio in Q3 2025, for an estimated $3,295,075
- CABLE CAR CAPITAL, LP added 300,000 shares (+inf%) to their portfolio in Q3 2025, for an estimated $2,991,000
To track hedge funds' stock portfolios, check out Quiver Quantitative's institutional holdings dashboard.
Full Release
NEW YORK, Nov. 18, 2025 (GLOBE NEWSWIRE) -- StoneBridge Acquisition II Corporation (NASDAQ: APACU) (the “Company”) announced today that, commencing November 21, 2025, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s Class A ordinary shares and rights included in those units.
No fractional rights will be issued upon separation of the units and only whole rights will trade.
The Class A ordinary shares and the rights that are separated are expected to trade on the Nasdaq Capital Market (“Nasdaq”) under the symbols “APAC” and “APACR,” respectively. Any units not separated will continue to trade on Nasdaq under the symbol “APACU.” Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and rights.
The units were initially offered by the Company in an underwritten initial public offering. Maxim Group LLC acted as sole-book running manager for the offering. A registration statement on Form S-1, as amended, relating to the securities sold in the offering was declared effective by the U.S. Securities and Exchange Commission (the “SEC”) on September 30, 2025. Each unit consists of one Class A ordinary share and one right, with each right entitling the holder to receive one-tenth (1/10) of one Class A ordinary share upon consummation of the Company’s initial business combination, subject to the terms described in the Company’s registration statement.
This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction. The offering was made only by means of a prospectus. Copies of the prospectus may be obtained from Maxim Group LLC, 300 Park Avenue, 16 th Floor, New York, NY 10022, Attention: Syndicate Department, by telephone at (212) 895-3745 or by email at [email protected], or by accessing the SEC’s website, www.sec.gov.
About StoneBridge Acquisition II Corporation
StoneBridge Acquisition II Corporation is a blank check company, also commonly referred to as a special purpose acquisition company, or SPAC, 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.
Forward-Looking Statements
This press release may include “forward-looking statements” within the meaning of the federal securities laws, including statements regarding the anticipated date that the Class A ordinary shares and the rights may begin to trade separately and the ability for those units not separated to continue to trade on Nasdaq. These statements are based on current expectations and assumptions and involve a number of risks and uncertainties that could cause actual results to differ materially. For a discussion of these and other risks, please refer to the Company’s filings with the SEC, including those set forth in the “Risk Factors” section of the Company’s registration statement and prospectus for the offering filed with the SEC. The Company undertakes no obligation to update or revise any forward-looking statements, except as required by law.
Contact Information
StoneBridge Acquisition II Corporation
Bhargav Marepally
CEO
Attn: Investor Relations
E-mail: [email protected]