Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
transaction | APAC | Class B ordinary share | Disposed to Issuer | $0 | -750K | -13.04% | $0.00 | 5M | Aug 30, 2021 | Class A ordinary share | 750K | Direct | F1, F2 |
Id | Content |
---|---|
F1 | As described in the Issuer's registration statement on Form S-1 (File No. 333- 253641) under the heading "Description of Securities - Ordinary Shares - Founder Shares", the Class B ordinary shares will automatically convert into Class A ordinary shares at the time of the Issuer's initial business combination, on a one-for-one basis, subject to certain adjustments described therein and have no expiration date. |
F2 | As contemplated in connection with the initial public offering of the Issuer, 750,000 Class B ordinary shares of the Issuer were forfeited by StoneBridge Acquisition Sponsor LLC (the "Sponsor") to the Issuer for no consideration and cancelled because the underwriters of the Issuer's initial public offering did not exercise their over-allotment option as described in the Issuer's registration statement. |