MAY 11·TipRanksLow
StoneBridge Acquisition II Director Resigns, Forfeits Share Grant
StoneBridge Acquisition II Corporation announced that director Richard Saldanha resigned from the board on May 8, 2026. His resignation resulted in the forfeiture and return of 25,000 Class B ordinary shares to the sponsor, which were previously granted to him, contingent on his continued service for the company’s business combination. The company stated that his departure was not due to any disagreement over operations or policies.