Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|
transaction | APAC | Class B ordinary shares, par value $0.0001 | Other | $0 | -750K | -13.04% | $0.00 | 5M | Aug 30, 2021 | By StoneBridge Acquisition Sponsor LLC | F1, F2 |
Id | Content |
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F1 | As described in StoneBridge Acquisition Corp.'s (the "Issuer") registration statement on Form S-1 (File No. 333-253641), as amended (the "Registration Statement") and the Reporting Person's Initial Statement of Beneficial Ownership of Securities on Form 3, 750,000 Class B ordinary shares, par value $0.0001 per share (the "Class B ordinary shares"), were subject to forfeiture to the extent that the underwriters did not fully or partially exercise their over-allotment option in the Issuer's initial public offering of its securities. The underwriters did not exercise their over-allotment option, resulting in the Reporting Person forfeiting 750,000 Class B ordinary shares. |
F2 | StoneBridge Acquisition Sponsor LLC, a Delaware limited liability company (the "Sponsor"), is the record holder of such Class B ordinary 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 adjustment, as described in the Registration Statement. Mr. Antony is one of the managing members of the Sponsor. As such, Mr. Antony may be deemed to share beneficial ownership of such Class B ordinary shares held directly by the Sponsor. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial owner of any securities reported herein. |