other material
confidence high
sentiment neutral
materiality 0.50
StoneBridge Acquisition II closes IPO of 5.75M units, raises $57.5M in trust
StoneBridge Acquisition II Corp
- IPO of 5,750,000 units at $10.00/unit, including full over-allotment of 750,000 units, gross proceeds $57.5M.
- Private placement of 153,750 units to sponsor and institutional investors at $10.00/unit, gross proceeds $1.5375M.
- Total $57.5M deposited into trust account at $10.00 per unit for public shareholder benefit.
- Company has 18 months from October 1, 2025 to complete initial business combination.
- Audited balance sheet as of Oct 1, 2025: total assets $58.6M, shareholders' equity $732,677.