AI Analysis | Feedback

Here are 1-3 brief analogies for StoneBridge Acquisition II (APAC):

• It's like a Blackstone (a private equity firm) but focused solely on acquiring a private company to take it public.
• It's an alternative to a traditional IPO, acting like a Goldman Sachs that has already gone public and is looking for a private company to merge with.

AI Analysis | Feedback

• Business Combination Facilitation: The company's sole purpose is to effect a merger, share exchange, asset acquisition, or similar business combination with one or more target businesses.

AI Analysis | Feedback

StoneBridge Acquisition II (symbol: APAC) is a Special Purpose Acquisition Company (SPAC). A SPAC is a shell company created solely for the purpose of raising capital through an initial public offering (IPO) to acquire an existing private company. It does not have any ongoing commercial operations, products, or services of its own.

Therefore, StoneBridge Acquisition II does not have traditional "major customers" that purchase goods or services. Its primary function is to identify and complete a business combination with a target company.

AI Analysis | Feedback

Bank of America (BAC)

UBS Group AG (UBS)

AI Analysis | Feedback

Bhargava Marepally, Chief Executive Officer and Director

Mr. Marepally is the founder and CEO of GSS Infotech, an IT services company that was recognized on Forbes' list of Asia's 200 Best Under $1 Billion for three consecutive years. He has extensive experience in the IT Services Industry, with over 20 years in the field. Mr. Marepally has led an acquisition-led growth strategy for GSS Infotech, which included the buyouts of ATEC, Infospectrum, and System Dynamix. He is described as a serial entrepreneur with stakes in several services firms across four continents, collectively employing approximately 1000 people worldwide and serving Fortune 500 clients. His prior SPAC, StoneBridge Acquisition, completed a business combination with DigiAsia, an Indonesia-based fintech app, in April 2024.

Prabhu Antony, President, Chief Financial Officer and Director

Mr. Antony is a co-founder of Sett & Lucas, a global investment bank headquartered in Hong Kong. He has served as President, Co-Founder, and CFO of StoneBridge (Nasdaq: APAC). Mr. Antony has a strong background in investment banking, having consummated capital raise, mergers & acquisitions, and debt syndication deals valued at over $3.5 billion across six continents and 22 countries. He has received multiple awards as an investment banker, including "Investment Banker of the Year" in 2016 and being ranked among the top five cross-border investment bankers in the U.S. in 2015. He is also on the boards of Linus Ventures, a secondary markets-focused fund; Scieniti, an early-stage venture fund; and S&L Growth Fund, a SaaS and technology-focused hedge fund. At Linus Ventures, he has been involved in three notable investments that resulted in exits.

Richard Saldanha, Independent Director

Mr. Saldanha serves as an Independent Director on the board of StoneBridge Acquisition II.

Roshan Boodhoo, Independent Director

Mr. Boodhoo serves as an Independent Director on the board of StoneBridge Acquisition II.

Joel Huffman, Independent Director

Mr. Huffman serves as an Independent Director on the board of StoneBridge Acquisition II.

AI Analysis | Feedback

The key risks for StoneBridge Acquisition II (symbol: APAC) largely stem from its nature as a Special Purpose Acquisition Company (SPAC).

1. Failure to Complete a Business Combination: The most significant risk is the company's inability to complete a merger, share exchange, asset acquisition, or similar business combination within its mandated timeframe. As a blank check company, StoneBridge Acquisition II has a limited period (typically 24 months from its IPO) to identify and finalize an acquisition. Failure to do so would result in the company ceasing operations, redeeming public shares at a pro-rata price from the trust account, and its warrants expiring worthless.
2. Redemption Risk: Public shareholders retain the right to redeem their shares following a business combination. A high rate of redemptions could significantly dilute the liquidity of the combined company, potentially impacting its financial stability and ability to execute its business plan post-merger.
3. Regulatory Hurdles and Market Saturation in Target Sectors/Regions: StoneBridge Acquisition II aims to acquire companies in high-growth sectors such as fintech, e-commerce, and SaaS, primarily within the Asia-Pacific (APAC) and Europe, Middle East, and Africa (EMEA) regions. These target markets are characterized by evolving regulatory landscapes, including tightening data privacy and foreign ownership laws in some regions (e.g., India and Indonesia), and intense competition from established market leaders. These factors could complicate the identification and successful integration of a suitable acquisition target.

AI Analysis | Feedback

A clear emerging threat for StoneBridge Acquisition II (APAC) is the significant and sustained downturn in the broader Special Purpose Acquisition Company (SPAC) market. This market shift is characterized by widespread investor skepticism, leading to consistently high shareholder redemption rates and increased difficulty in securing Private Investment in Public Equity (PIPE) financing for de-SPAC transactions. This environment fundamentally challenges the SPAC model's ability to retain sufficient capital for acquisitions and makes it increasingly difficult for APAC to attract and successfully merge with a high-quality target company within its prescribed operational timeframe, thereby undermining its core purpose and viability.

AI Analysis | Feedback

AI Analysis | Feedback

AI Analysis | Feedback

Share Issuance

• StoneBridge Acquisition II Corporation completed its initial public offering (IPO) on October 1, 2025, selling 5,750,000 units at $10.00 per unit, which generated gross proceeds of $57,500,000.
• The IPO included the issuance of 750,000 units through the full exercise of the underwriters' over-allotment option.
• A concurrent private placement of 153,750 units at $10.00 per unit was also completed on October 1, 2025, raising an additional $1,537,500.

Inbound Investments

• The company received $57,500,000 in gross proceeds from its initial public offering on October 1, 2025.
• An additional $1,537,500 was raised through a private placement of units simultaneously with the IPO.
• A total of $57,500,000 from the combined offering proceeds was placed in a trust account for the benefit of public shareholders.