StoneBridge Acquisition II closes $57.5 million IPO on NASDAQ

StoneBridge Acquisition II Corporation (NASDAQ: APACU) completed its initial public offering of 5.75 million units at $10.00 per unit, raising $57.5 million. The offering included 750,000 units issued through an over-allotment option granted to the underwriter.

Each unit consists of one Class A ordinary share and one right. The rights entitle holders to receive one-tenth of one Class A ordinary share upon completion of the company's initial business combination. Trading began on the NASDAQ Capital Market under ticker symbol "APACU" on September 30, 2025.

The Class A ordinary shares and rights are expected to trade separately on NASDAQ under symbols "APAC" and "APACR" once separate trading begins. Maxim Group LLC served as the sole book-running manager for the offering.

The Securities and Exchange Commission declared the company's registration statement on Form S-1 effective on September 30, 2025. StoneBridge Acquisition II Corporation operates as a special purpose acquisition company formed to pursue mergers, acquisitions, or similar business combinations with one or more businesses.

The announcement was made in a press release statement from the company.

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