4//SEC Filing
BP SPAC Sponsor LLC 4
Accession 0001104659-22-045041
CIK 0001844981other
Filed
Apr 11, 8:00 PM ET
Accepted
Apr 12, 3:37 PM ET
Size
7.2 KB
Accession
0001104659-22-045041
Insider Transaction Report
Form 4
BP SPAC Sponsor LLC
10% Owner
Transactions
- Other
Class B ordinary shares, par value $0.0001
2021-08-30−750,000→ 5,000,000 total(indirect: See footnote)→ Class A ordinary share (750,000 underlying)
Footnotes (2)
- [F1]As described in StoneBridge Acquisition Corp.'s (the "Issuer") registration statement on Form S-1 (File No. 333-253641), as amended (the "Registration Statement") and the Reporting Person's Initial Statement of Beneficial Ownership of Securities on Form 3, 750,000 Class B ordinary shares, par value $0.0001 per share (the "Class B ordinary shares"), were 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 underwriters did not exercise their over-allotment option, resulting in StoneBridge Acquisition Sponsor LLC forfeiting 750,000 Class B ordinary shares (see footnote (2) below).
- [F2]StoneBridge Acquisition Sponsor LLC, a Delaware limited liability company (the "Sponsor"), is the record holder of such Class B ordinary shares. 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. StoneBridge Acquisition Sponsor LLC is a wholly-owned subsidiary of, and is managed by, BP SPAC Sponsor LLC. The filing of this statement shall not be deemed to be an admission that, for purposes of Section 16 of the Securities Exchange Act of 1934, as amended, or otherwise, the Reporting Person is the beneficial owner of any securities reported herein.
Documents
Issuer
StoneBridge Acquisition Corp.
CIK 0001844981
Entity typeother
IncorporatedTX
Related Parties
1- filerCIK 0001922948
Filing Metadata
- Form type
- 4
- Filed
- Apr 11, 8:00 PM ET
- Accepted
- Apr 12, 3:37 PM ET
- Size
- 7.2 KB