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home / news releases / APAC - This SPAC Took a Different Track Which May Open Doors for Others


APAC - This SPAC Took a Different Track Which May Open Doors for Others

A new Special Purpose Acquisition Corp. arrangement may open the door to more successful SPAC mergers. The deal, once completed, involves a pharmaceutical company spinning off a division, which will then be acquired by the SPAC. There are several positive aspects for the shareholders of the original company, including tax breaks, as the SPAC, which went public in August of 2021, successfully merges with an attractive target. Read More >>

Stock Information

Company Name: StoneBridge Acquisition Corporation
Stock Symbol: APAC
Market: NASDAQ

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