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The company’s management team intends to leverage their experience and network to identify attractive international businesses in high-growth sectors and regions that can benefit from valuation arbitrage by going public in the U.S. The detailed acquisition criteria and due diligence processes aim to select targets with sustainable earnings, growth potential, and competitive advantages. Successful completion of an initial business combination could enable the company to transition from a blank check entity to an operating business with public market access.

The company faces risks inherent to SPACs, including competition from numerous other acquisition vehicles, potential scarcity of attractive targets, and negative market perception of SPAC mergers. Failure to complete an initial business combination within the prescribed timeframe will result in liquidation and loss of value for founder shares and private placement units. The company’s limited operating history and reliance on non-operating income until a business combination adds uncertainty to its financial profile.

As a special purpose acquisition company (SPAC), StoneBridge Acquisition II Corporation does not currently operate a business and thus does not possess traditional competitive moats. Its potential competitive advantages depend on the management team's experience, network, and ability to identify and complete a business combination with a target company that has sustainable earnings, growth potential, and barriers to entry. The company’s focus on valuation arbitrage for international businesses in specific verticals and regions may provide a strategic niche, but competition from other SPACs and acquisition entities is significant.

• Competition for Targets: The company competes with other SPACs, private equity groups, and strategic buyers for attractive business combination targets, which may limit its ability to complete a transaction.
• Time Constraints: The company must complete its initial business combination within 18 months from IPO, with possible extensions up to 24 months, or face liquidation and redemption of public shares.
• Market Perception: Negative public perception of SPAC mergers may reduce market enthusiasm for the company’s eventual business combination, impacting valuation and shareholder returns.
• Financial Resource Limitations: Obligations to redeem public shares may reduce funds available for the business combination, potentially limiting the size or attractiveness of target companies.

• StoneBridge Acquisition II Corporation is a blank check company incorporated on June 19, 2024, as a Cayman Islands exempted company [S1].
• The company was formed to effect a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, referred to as the initial business combination [S1].
• As of the latest filings, the company has not selected any specific business combination target [S1].
• The company intends to focus its search on international businesses benefiting from valuation arbitrage by going public in the U.S. on a national securities exchange, with key verticals including Ecommerce, Fintech, SaaS, Renewable Energy, Mining, and IT/IT-Enabled Services [S1].
• The geographic focus for the initial business combination is the Asia-Pacific (APAC) and Europe, Middle East and Africa (EMEA) regions [S1].
• The company is an emerging growth company and had not commenced operations as of December 31, 2025; it generates non-operating income from interest on IPO proceeds held in a Trust Account [S1].
• The IPO was consummated on October 1, 2025, raising gross proceeds of $57.5 million, with $57.5 million placed in the Trust Account to be used for the initial business combination [S1].
• The company has until April 1, 2027 (18 months from IPO) to consummate the initial business combination, with possible extensions up to 24 months total [S1].
• If the initial business combination is not completed within the deadline, the company will redeem 100% of public shares at a price equal to the amount in the Trust Account, and founder shares and private placement units will expire worthless [S1].
• The company’s units, Class A Ordinary Shares, and rights are listed on the Nasdaq Capital Market under symbols APACU, APAC, and APACR, respectively [S1].
• As of June 30, 2026, the company reported cash and cash equivalents of $329,698 and current assets of $319,258, with current liabilities of $65,452, resulting in a current ratio of 4.88 and a cash ratio of 5.04 [S2].
• The company reported net income of $352,348 for the quarter ended June 30, 2026, primarily from non-operating sources [S2].
• The company’s business model and strategy, including acquisition criteria and due diligence processes, are disclosed in detail in the 10-K and 10-Q filings [S1,S2].