MarketPR
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.
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