Type | Sym | Class | Transaction | Value $ | Shares | Change % | * Price $ | Shares After | Date | Underlying Class | Amount | Exercise Price | Ownership | Footnotes |
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
holding | APAC | Class B ordinary shares, par value $0.0001 per share | Jul 15, 2021 | Class A ordinary shares | 5.75M | by StoneBridge Acquisition Sponsor LLC | F1 |
Id | Content |
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F1 | StoneBridge Acquisition Sponsor LLC is the direct owner of such Class B ordinary shares, par value $0.0001 (the "Class B Ordinary Shares"), in StoneBridge Acquisition Corporation (the "Issuer") and is a wholly-owned subsidiary of, and is managed by, BP SPAC Sponsor LLC. StoneBridge Acquisition Sponsor LLC received these Class B Ordinary Shares through a subscription agreement, by and between StoneBridge Acquisition Sponsor LLC and the Issuer. 750,000 of the Class B ordinary shares are 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 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 on Form S-1 (File No. 333-253641), as amended. |