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Monday, September 18, 2023

Equity Corporate Actions Alert #2023 - 528
(UPDATED: Effective date) Information Regarding the Redemption of Global Partner Acquisition Corp II (GPAC/W/U)

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  • Industry Announcement

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Global Partner Acquisition Corp II (GPAC/W/U) has announced it will redeem its public shares and will not consummate an initial business combination. As of the close of business on a date to be announced, the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount. The details are as follows:

Company Name & Issue Type: Global Partner Acquisition Corp II Class A Ordinary Shares
CUSIP#: G3934P102
Symbol: GPAC
Last Trading Date: TBA
Marketplace Effective Date for Suspension: TBA
Redemption rate: Approximately $10.84 per Class A Ordinary Share
Company Name & Issue Type: Global Partner Acquisition Corp II Warrant
CUSIP#: G3934P128
Symbol: GPACW
Last Trading Date: TBA
Marketplace Effective Date for Suspension: TBA
Redemption rate: There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.
Company Name & Issue Type: Global Partner Acquisition Corp II Unit
CUSIP#: G3934P110
Symbol: GPACU
Last Trading Date: TBA
Marketplace Effective Date for Suspension: TBA
Redemption rate: Approximately $10.84 per Class A Ordinary Share

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