Current Report Filing (8-k)
2023年3月11日 - 6:49AM
Edgar (US Regulatory)
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UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d) OF THE
SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): March 7, 2023
StoneBridge
Acquisition Corporation
(Exact name of registrant as specified in its charter)
Cayman Islands |
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001-40613 |
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N/A |
(State or other jurisdiction
of incorporation) |
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(Commission File Number) |
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(IRS Employer
Identification No.) |
One World Trade Center
Suite 8500
New York, NY 10007
(Address of principal executive offices, including
zip code)
Registrant’s telephone number, including
area code: (646) 314-3555
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K
filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
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Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
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Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
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Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
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Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
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Trading
Symbol(s) |
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Name of each exchange on
which registered |
Units, each consisting of one Class A ordinary share and one-half of one Redeemable Warrant |
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APACU |
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The Nasdaq Stock Market LLC |
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Class A ordinary shares par value $0.0001 per share |
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APAC |
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The Nasdaq Stock Market LLC |
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Warrants, each exercisable for one Class A ordinary share for $11.50 per share |
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APACW |
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The Nasdaq Stock Market LLC |
Indicate by check mark whether the registrant
is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the
Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company x
If an emerging growth company, indicate by check
mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting
standards provided pursuant to Section 13(a) of the Exchange Act.
Item 3.01 Notice of Delisting or Failure to
Satisfy a Continued Listing Rule or Standard; Transfer of Listing.
On March 7, 2023, StoneBridge Acquisition Corporation,
a Cayman Islands exempted company, limited by shares (the “Company”) received a written notice (the “Notice”)
from the Nasdaq Listing Qualifications Department of The Nasdaq Stock Market (“Nasdaq”) indicating that the Company was not
in compliance with Listing Rule 5550(a)(3), which requires the Company to have at least 300 public holders for continued listing on the
Nasdaq Capital Market (the “Minimum Public Holders Rule”). The Notice is only a notification of deficiency, not of imminent
delisting, and has no current effect on the listing or trading of the Company’s securities on Nasdaq Capital Market.
The Notice states that the Company has 45 calendar
days to submit a plan to regain compliance with the Minimum Public Holders Rule. If the Company is unable to regain compliance by that
date, the Company intends to submit a plan to regain compliance with the Minimum Public Holders Rule within the required timeframe. If
Nasdaq accepts Company’s plan, Nasdaq may grant the Company an extension of up to 180 calendar days from the date of the Notice
to evidence compliance with the Minimum Public Holders Rule. If Nasdaq does not accept the Company’s plan, the Company will have
the opportunity to appeal the decision in front of a Nasdaq Hearings Panel.
The Company is monitoring
the number of holders of its ordinary shares and will consider options available to it to potentially achieve compliance.
Certain information contained
in this report consists of forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995 that
involve risks, uncertainties and assumptions that are difficult to predict. Words such as “will,” “would,” “may,”
“intends,” “potential,” and similar expressions, or the use of future tense, identify forward-looking statements,
but their absence does not mean that a statement is not forward-looking. Such forward-looking statements are not guarantees of performance
and actual actions or events could differ materially from those contained in such statements. For example, there can be no assurance that
the Company will regain compliance with the Minimum Public Holders Rule during any compliance period or in the future, or otherwise meet
Nasdaq compliance standards, that the Company will be eligible for a second compliance period, or that Nasdaq will grant the Company any
relief from delisting as necessary or that the Company can ultimately meet applicable Nasdaq requirements for any such relief. The forward-looking
statements contained in this report speak only as of the date of this report and the Company undertakes no obligation to publicly update
any forward-looking statements to reflect changes in information, events or circumstances after the date of this report, unless required
by law.
SIGNATURES
Pursuant to the requirements of the Securities
Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
StoneBridge Acquisition Corporation |
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By: |
/s/ Bhargava Marepally |
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Name: |
Bhargava Marepally |
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Title: |
Chief Executive Officer |
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Date: March 10, 2023
StoneBridge Acquisition (NASDAQ:APAC)
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StoneBridge Acquisition (NASDAQ:APAC)
過去 株価チャート
から 6 2023 まで 6 2024