Name -
StoneBridge Acquisition Corp
Current Company Name: DigiAsia Corp.
Address: One World Trade Center, Suite 8500, New York, NY 10007
Phone Number: (646) 314-3555
Investor Relations Contact: ir@digiasia.asia
Website - https://digiasia.asia
Warrant Symbol: APACW
Warrants Listed: 20,000,000
Ratio - 1-for-1
Cusip Number - Y82400 11 2
Expiry Date - April 2, 2029
Exercise Price - $11.50
Synopsis & Listing Information
StoneBridge Acquisition Corp. completed its merger with DigiAsia Bios, Indonesia's first "Embedded Fintech as a Service" (EFaaS) company, on April 2, 2024.
Ticker Status: Following the merger, the company’s common stock began trading under the ticker FAAS and the warrants transitioned to FAASW (though often still referenced by their legacy SPAC ticker APACW in older data feeds).
Market Status: The warrants remain active and trade on the Nasdaq Capital Market. As of May 13, 2026, the common stock (FAAS) has experienced significant volatility, recently trading near $0.02 following a period of distressed pricing.
Valuation: Given the current stock price, the warrants are significantly "out of the money" compared to the $11.50 strike price. However, they retain nearly three years of time value before their 2029 expiration.
2026 Operational Update: DigiAsia remains focused on the Indonesian fintech market, specifically B2B2C financial inclusion. On May 8, 2026, the company announced a board reorganization following the resignation of a director, which management stated was not due to any disagreement with company operations.
Redemption Trigger: The company may redeem the warrants at $0.01 per warrant if the closing price of the common stock equals or exceeds $18.00 for any 20 trading days within a 30-trading day period.
Current Status: Active.
Current Company Name: DigiAsia Corp.
Address: One World Trade Center, Suite 8500, New York, NY 10007
Phone Number: (646) 314-3555
Investor Relations Contact: ir@digiasia.asia
Website - https://digiasia.asia
Warrant Symbol: APACW
Warrants Listed: 20,000,000
Ratio - 1-for-1
Cusip Number - Y82400 11 2
Expiry Date - April 2, 2029
Exercise Price - $11.50
Synopsis & Listing Information
StoneBridge Acquisition Corp. completed its merger with DigiAsia Bios, Indonesia's first "Embedded Fintech as a Service" (EFaaS) company, on April 2, 2024.
Ticker Status: Following the merger, the company’s common stock began trading under the ticker FAAS and the warrants transitioned to FAASW (though often still referenced by their legacy SPAC ticker APACW in older data feeds).
Market Status: The warrants remain active and trade on the Nasdaq Capital Market. As of May 13, 2026, the common stock (FAAS) has experienced significant volatility, recently trading near $0.02 following a period of distressed pricing.
Valuation: Given the current stock price, the warrants are significantly "out of the money" compared to the $11.50 strike price. However, they retain nearly three years of time value before their 2029 expiration.
2026 Operational Update: DigiAsia remains focused on the Indonesian fintech market, specifically B2B2C financial inclusion. On May 8, 2026, the company announced a board reorganization following the resignation of a director, which management stated was not due to any disagreement with company operations.
Redemption Trigger: The company may redeem the warrants at $0.01 per warrant if the closing price of the common stock equals or exceeds $18.00 for any 20 trading days within a 30-trading day period.
Current Status: Active.
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