StoneBridge Acquisition II sponsor waives monthly admin fees for APAC through deal or wind-down
In focus for $APAC, the Class A Ordinary Shares of StoneBridge Acquisition II Corporation on Nasdaq: the company's current report on Form 8-K, filed August 14, discloses that Scieniti LLC agreed on August 10 to irrevocably waive the $10,000 monthly fee it was owed for administrative services. Scieniti is an affiliate of the company's sponsor, Stonebridge Acquisition Sponsor II LLC. The waiver applies retroactively from October 1, 2025, and runs through the consummation of an initial business combination or the company's liquidation, whichever comes first.
Key takeaways
- StoneBridge Acquisition II Corporation disclosed in an August 14 Form 8-K that Scieniti LLC agreed on August 10 to irrevocably waive the $10,000 monthly administrative services fee it was owed.
- The waiver applies retroactively from October 1, 2025, and runs until an initial business combination is consummated or the company liquidates, whichever comes first.
- Scieniti LLC is an affiliate of the company's sponsor, Stonebridge Acquisition Sponsor II LLC, and the underlying Administrative Services Agreement was signed September 30, 2025.
- The filing names no acquisition target and provides no deal timeline.
- StoneBridge Acquisition II is a Cayman Islands-incorporated SPAC listing Class A Ordinary Shares (APAC), units (APACU), and rights (APACR) on Nasdaq.
In focus for $APAC, the Class A Ordinary Shares of StoneBridge Acquisition II Corporation on Nasdaq: the company's current report on Form 8-K, filed August 14, discloses that Scieniti LLC agreed on August 10 to irrevocably waive the $10,000 monthly fee it was owed for administrative services. Scieniti is an affiliate of the company's sponsor, Stonebridge Acquisition Sponsor II LLC. The waiver applies retroactively from October 1, 2025, and runs through the consummation of an initial business combination or the company's liquidation, whichever comes first.
The underlying obligation was an Administrative Services Agreement the company signed with Scieniti on September 30, 2025. Under that contract, StoneBridge agreed to pay $10,000 per month for office space, utilities, and secretarial and administrative support. The August 10 waiver eliminates each of those monthly payments across the full stated window, foreclosing any future claim Scieniti might have asserted for that period.
For the setup, admin service fees between a blank-check company and a sponsor affiliate are a recurring carrying cost that runs against cash held for a prospective deal target. An irrevocable waiver removes that monthly obligation from the ledger and keeps it off through the SPAC's resolution. The filing does not name a target. No deal timeline is given.
StoneBridge Acquisition II is incorporated in the Cayman Islands and lists three securities on the Nasdaq: Class A Ordinary Shares under APAC, units under APACU, and rights under APACR. The company's principal offices are at One World Trade Center, Suite 8500, New York, New York 10007. Chief Executive Bhargav Marepally signed the August 14 filing. The full text of the waiver is attached as Exhibit 10.1.
What to watch is the announcement of a definitive agreement for an initial business combination. The filing identifies that event, alongside a liquidation, as the only endpoints that end the waiver period.
Related reading
Filed by the newsroom of MarketPR on August 14, 2026. Source: sec.gov. Indicative figures are not investment advice.