---
schema_version: "secwatch.filing_event.v1"
accession: "0001104659-24-005897"
form_type: "8-K"
ticker: null
cik: "0001844981"
company_name: "DIGIASIA CORP."
filed_at: "2024-01-23T23:59:59+00:00"
generated_at: "2026-06-06T20:11:28.959305+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.55
calibrated_materiality_score: 0.55
confidence: "high"
source: SEC EDGAR
---

# StoneBridge shareholders approve extension to July 2024; ~211K shares redeemed

## Summary
- Shareholders approved extending business combination deadline up to July 20, 2024 via up to 6 monthly extensions.
- 210,813 Class A shares redeemed at ~$11.36/share, total ~$2.4M; remaining trust ~$25.2M.
- Sponsor deposited $55,379 for one-month extension to Feb 20, 2024; promissory note issued.
- Net tangible asset requirement removed from charter to avoid penny stock rules.

## SEC filing metadata
- accession: 0001104659-24-005897
- form_type: 8-K
- cik: 0001844981
- company_name: DIGIASIA CORP.
- filed_at: 2024-01-23T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.55
- calibrated_materiality_score: 0.55
- confidence: high
- sec_items: 5.03, 5.07, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1844981/000110465924005897/0001104659-24-005897-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1844981/000110465924005897/tm243778d1_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-24-005897
- JSON: https://secwatch.observer/filing/0001104659-24-005897.json
- Plain text: https://secwatch.observer/filing/0001104659-24-005897.txt

## Key facts
- Governance Changes
  DIGIASIA CORP.: Approved extension amendment to Amended and Restated Memorandum and Articles of Association to allow up to six monthly extensions of the business combination deadline to July 20, 2024 (effective 2024-01-17).
  - Change: charter amendment
  - Effective: 2024-01-17
  source text: the Company’s shareholders approved the proposal (the “ Extension Amendment Proposal ”) to amend the Company’s Amended and Restated Memorandum and Articles of Association, as amended on July 19, 2023 (the “ Articles of Association ”) to give the Company the right to extend the date by which it has to consummate a business combination from January 20, 2024 up to 6 times for an additional one (1) month each time up to July 20, 2024
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844981/000110465924005897/0001104659-24-005897-index.htm
- Governance Changes
  DIGIASIA CORP.: Approved NTA amendment to remove net tangible asset requirement from Articles of Association (effective 2024-01-17).
  - Change: charter amendment
  - Effective: 2024-01-17
  source text: Shareholders approved the proposal (the “ NTA Amendment Proposal ”) to amend the Articles of Association to remove the net tangible asset requirement in order to expand the methods that the Company may employ so as to not become subject to the “penny stock” rules
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844981/000110465924005897/0001104659-24-005897-index.htm
- Shareholder Votes
  DIGIASIA CORP. shareholders approved Extension Amendment Proposal to amend the Articles of Association to extend the date to consummate a business combination at the 2024-01-17 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2024-01-17
  source text: The following is a tabulation of the votes with respect to the Extension Amendment Proposal, which was approved by the Company’s shareholders: Ordinary Shares Votes For Ordinary Shares Votes Against Ordinary Shares Abstentions 5,000,390 24,954 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844981/000110465924005897/0001104659-24-005897-index.htm
- Shareholder Votes
  DIGIASIA CORP. shareholders approved NTA Amendment Proposal to amend the Articles of Association to remove the net tangible asset requirement at the 2024-01-17 meeting.
  - Proposal: charter amendment
  - Outcome: passed
  - Meeting: 2024-01-17
  source text: The NTA Amendment Proposal received the following votes: Ordinary Shares Votes For Ordinary Shares Votes Against Ordinary Shares Abstentions 5,025,341 3 0
  evidence_url: https://www.sec.gov/Archives/edgar/data/1844981/000110465924005897/0001104659-24-005897-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.