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StoneBridge Acquisition II Filed Terms, Nasdaq: APACU

Blank check company targeting businesses in the APAC and EMEA regions.

Industry: SPAC

We are a blank check company. 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) Ecommerce, (ii) Fintech, (iii) SaaS, (iv) Renewable Energy, (v) Mining, and (vi) IT and IT-Enabled Services. Our current intended geographic focus is the APAC and EMEA regions. Bhargav Marepally, our Chief Executive Officer, and Prabhu Antony, our President, organized 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 (NASDAQ: FAAS), an embedded Fintech as a service company in Indonesia serving business-to-business-to-consumer customers, as well as business-to-business customers, 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.
IPO Data
IPO File Date 05/05/2025
Offer Price
Price Range $10.00 - $10.00
Offer Shares (mm) 5.0
Deal Size ($mm) $50
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Maxim Group LLC
Company Data
Headquarters New York, NY, United States
Founded 2024
Employees at IPO 2

StoneBridge Acquisition II (APACU) Performance

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