StoneBridge Acquisition Corp.

Merged
CIK: 1844981•Ticker: APAC•Merged Ticker: FAAS
Successfully merged with DigiAsia Bios Pte. Ltd. • Now trading as FAAS

SPAC Overview

$200M
IPO Size
$27.5M
Trust (as of 2023-12-31)
Completed
Current Status
2021
IPO Year

Timeline Progress

About

StoneBridge Acquisition Corporation is a blank-check company seeking an initial business combination, with a focus on companies in the new economy and related verticals, particularly in India and the Asia-Pacific region. It has not selected a target and seeks to combine with a business with an enterprise value generally between $600 million and $1.5 billion.

Investment Focus

Consumer, Technology, Communications, Software, FinTech, Media, E-commerce, Renewable Energy, IT Services

Geographic Focus

Asia Pacific, India

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

Extended Team Information

The team describes experience in public-company governance and executive leadership, technology services entrepreneurship, cross-border M&A, financial services, private equity, energy investment banking, information security and capital markets. The officers and directors have U.S. and India experience and seek to source transactions through their management and advisory networks.

Stock Performance

FAAS
Trading Symbol
First Trade
November 21, 2025
$9.92
6 Months Post-Merger
November 21, 2025
$9.91
0%
1 Year Post-Merger
November 21, 2025
$9.91
0%
2 Years Post-Merger
April 6, 2026
$10.05
+1%
Current Price
September 25, 2026
$10.26
+3%

Key Information

IPO Date
July 19, 2021
Total Redemptions
$2.4M
State of Incorporation
E9
SIC
6770
Completion Date
April 2, 2024
Merger Target
DigiAsia Bios Pte. Ltd.
SPAC Ticker
APAC
Merged Ticker
FAAS