Company Information

Get to know 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.

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Stonebridge Acquisition Corporation (Nasdaq:APAC)

United States

Founded in

2021 (5 Years)

Founded

Last online: No recent activity

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FTD LIMITED

(505 reviews)

British Virgin Islands

2017

(9 years)

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BVI FSC

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This company is currently Unproved.

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License

A Grade License

Issued by globally renowned regulators, these licenses ensure the highest trader protection through strict compliance, fund segregation, insurance, and regular audits. Dispute resolution and adherence to AML/CTF standards further enhance security.

B Grade License

Granted by respected regional regulators, these licenses offer robust safety measures such as fund segregation, financial reporting, and compensation schemes. Though slightly less strict than Tier 1, they provide dependable regional protection.

C Grade License

Issued by regulators in emerging markets, these licenses offer basic protections such as minimum capital requirements and AML policies. Oversight is less stringent, so traders should exercise caution and verify safety measures.

D Grade License

From jurisdictions with minimal oversight, these licenses often lack key protections like fund segregation and insurance. While attractive for operational flexibility, they pose higher risks to traders.

TrustFinance is not a licensed financial advisor and is not affiliated with any financial institutions in your region. We encourage you to do your own research before making any investment decisions.