StoneBridge Acquisition II Corp 8-K

What Happened
StoneBridge Acquisition II Corporation filed an 8-K on May 11, 2026 reporting that director Richard Saldanha resigned from the Board and all committees effective May 8, 2026. The filing states the resignation was not due to any disagreement with the Company, its management, or the Board. On February 5, 2026 the Board granted Mr. Saldanha 25,000 Class B ordinary shares as a one‑time equity grant; those shares were transferred from the Sponsor and were set to vest upon consummation of the Company’s initial business combination, subject to his continued service. Under the grant terms, Mr. Saldanha’s resignation triggers automatic return of the 25,000 Class B Ordinary Shares to Stonebridge Acquisition Sponsor II LLC (the Sponsor).

Key Details

• Filing: Form 8-K filed May 11, 2026 (Item 5.02: director resignation).
• Resignation: Richard Saldanha resigned effective May 8, 2026; no disagreement with the Company was reported.
• Equity grant: 25,000 Class B ordinary shares granted on February 5, 2026; vesting conditioned on consummation of the initial business combination and continued service.
• Consequence: The 25,000 Class B Ordinary Shares will be returned to the Sponsor per the grant agreement.

Why It Matters
For investors, this is a board composition change to note—one director has left and the Company reported no dispute. The automatic return of the 25,000 Class B shares to the Sponsor reverses the previously granted equity and affects only the sponsor-held Class B share allocation as described in the filing. Retail investors should monitor further filings for any board replacements or changes related to the Company’s planned initial business combination.