Digiasia CORP

Market Movers (8-K)

StoneBridge Acquisition Corporation finalized its merger with DigiAsia Bios Pte. Ltd. after amending the original business combination agreement to waive the minimum cash condition and adjust earnout share release terms.
StoneBridge Acquisition Corporation has dismissed Marcum LLP and appointed BDO India LLP as its new independent registered public accounting firm, effective March 20, 2024.
Worse than expected
StoneBridge Acquisition Corporation announced that its business combination with DigiAsia is expected to close by April 2024, with the combined company to be named DigiAsia Corp. and trade under the ticker FAAS.
StoneBridge Acquisition Corporation has announced an updated trust value of $25,464,920.35 and an approximate price per share of $11.50 as of March 4, 2024.
StoneBridge Acquisition Corporation has extended its deadline to complete a business combination and removed a net tangible asset requirement following a shareholder vote.
Delay expected

Annual Reports (10-K)

StoneBridge Acquisition Corporation's annual report details its financial status, ongoing efforts to complete a business combination, and the proposed merger with DigiAsia.
Delay expected
Capital raise
Worse than expected

Insider Trading (Form 4)

StoneBridge Acquisition Corporation finalizes its business combination with DigiAsia Bios Pte. Ltd. after amending the original agreement to waive certain conditions.
StoneBridge Acquisition Corporation anticipates finalizing its merger with DigiAsia Bio Pte Ltd by April 2024, leading to the combined entity, DigiAsia Corp., trading on Nasdaq under the ticker FAAS.
Bhargava Marepally, CEO of StoneBridge Acquisition Corp., recently purchased 110 shares of the company's Class A ordinary shares on the open market.
Director Antony Prabhu indirectly purchased 230 shares of StoneBridge Acquisition Corp. Class A ordinary shares through his family office, Scieniti Inc., on March 12, 2024.
StoneBridge Acquisition Corporation (Nasdaq: APAC) announced that its trust value as of March 4, 2024, was $25,464,920.35, with an approximate price per share of $11.50.

Schedule 13G - Passive Investments

Arena Investors and its affiliates have reported that they no longer beneficially own more than 5% of DigiAsia Corp.'s Ordinary Shares.
Worse than expected
Arena Investors and its affiliates have reported a 9.99% beneficial ownership stake in DigiAsia Corp.'s Ordinary Shares as of June 30, 2025.
Arena Investors, LP and its affiliated entities have disclosed a passive 7.7% ownership stake in DigiAsia Corp., holding 4,659,365 ordinary shares.