Stonebridge Acquisition Corporation (Nasdaq:APAC)

Stonebridge Acquisition Corporation was a blank check company incorporated in the Cayman Islands. Its business purpose was to raise capital through an initial public offering (IPO) in order to acquire or merge with a target company, with a primary focus on businesses in the Asia-Pacific region. The company successfully completed its IPO in July 2021, trading on the Nasdaq under the ticker "APAC". In November 2023, Stonebridge finalized its business combination with DigiAsia Bios Pte. Ltd., an Indonesian fintech company. Following the merger, the combined company was renamed DigiAsia Corp. and its shares began trading on the Nasdaq under the new ticker symbol "FAAS", effectively completing the lifecycle of Stonebridge Acquisition Corporation as a SPAC.