StoneBridge Acquisition II director Richard Saldanha resigns from board
StoneBridge Acquisition II Corporation disclosed that director Richard Saldanha resigned from its board and all committees, effective immediately, after notifying the board on May 8, 2026. The company said the resignation was not due to any disagreement with management, the board or its operations, policies or practices. His 25,000 Class B ordinary shares will automatically return to the sponsor under the grant terms, so the change has no stated cost to shareholders.
Key points
- Richard Saldanha resigned from the board and all committees, effective immediately; notice was given May 8, 2026.
- The resignation was not due to any disagreement with the company, management or the board.
- His 25,000 Class B ordinary shares, granted February 5, 2026, will be automatically returned to the sponsor, Stonebridge Acquisition Sponsor II LLC.
The filing
Written by AI on Nov 9, 2026, 11:46 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 11, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.