APAC 8-K
StoneBridge Acquisition II Corp (APAC)
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM
CURRENT REPORT
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Item 5.02 Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers.
Resignation of Director
On May 8, 2026, Richard Saldanha notified the board of directors (the “Board”) of StoneBridge Acquisition II Corporation (the “Company”), of his resignation as a member of the Board and all committees thereof, effective immediately. Mr. Saldanha’s resignation was not due to any disagreement with the Company, the Company’s management or the Board on any matter relating to the Company’s operations, policies or practices.
On February 5, 2026, the Board granted an aggregate of 25,000 Class B ordinary shares of the Company (“Class B Ordinary Shares”) to Mr. Saldanha as a one-time equity grant for his services on the Board and committees of the Board. The 25,000 Class B Ordinary Shares were transferred to Mr. Saldanha by the Company’s sponsor, Stonebridge Acquisition Sponsor II LLC (the “Sponsor”), from existing Class B Ordinary Shares then held by the Sponsor.
The entirety of the 25,000 Class B Ordinary Shares granted to Mr. Saldanha was to vest upon the consummation of the Company’s initial business combination, subject to Mr. Saldanha’s continued service on the Board through the time immediately prior to the consummation of such initial business combination. In accordance with the terms of the agreement governing the grant, as a consequence of Mr. Saldanha’s resignation, the 25,000 Class B Ordinary Shares previously granted to Mr. Saldanha will be automatically returned to the Sponsor.
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SIGNATURES
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
| StoneBridge Acquisition II Corporation | ||
| By: | /s/ Bhargav Marepally | |
| Name: | Bhargav Marepally | |
| Title: | Chief Executive Officer | |
| Date: May 11, 2026 | ||
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