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An announcement from StoneBridge Acquisition II Corporation Class A ( (APAC) ) is now available.
On February 5, 2026, StoneBridge Acquisition II Corporation’s board approved a one-time equity compensation grant of 100,000 Class B ordinary shares to four independent directors in recognition of their board and committee service. Each director — Richard Saldanha, Joel Huffman, Roshan Boodhoo, and Mahboob Subuhani Mohamed Mohideen — received 25,000 Class B shares.
The shares were not newly issued but transferred from existing Class B holdings of the company’s sponsor, Stonebridge Acquisition Sponsor II LLC, avoiding immediate dilution from new share creation. In connection with the grant, each of the four directors agreed to be bound by the existing Sponsor Letter Agreement dated September 30, 2025, aligning their interests and obligations more closely with those of the sponsor and other key stakeholders.
More about StoneBridge Acquisition II Corporation Class A
StoneBridge Acquisition II Corporation is a special purpose acquisition company that focuses on effecting business combinations, such as mergers or share exchanges, with one or more businesses. As a blank-check company, it typically raises capital through an initial public offering and seeks targets in sectors it believes offer attractive growth and value opportunities for shareholders.
Average Trading Volume: 61,039
Current Market Cap: $80.83M
For an in-depth examination of APAC stock, go to TipRanks’ Overview page.