Stonebridge Acquisition II Corporation has announced that its board of directors approved a one-time equity grant of 100,000 Class B ordinary shares, distributed equally among four independent board members. Each director—Richard Saldanha, Joel Huffman, Roshan Boodhoo, and Mahboob Subuhani Mohamed Mohideen—received 25,000 Class B ordinary shares. The shares were transferred from the company’s sponsor, Stonebridge Acquisition Sponsor II LLC. The directors have also agreed to the terms of the Sponsor Letter Agreement dated September 30, 2025.
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