Global Partner Acquisition Corp II (GPACU) Prices Upsized $275M IPO

IPO

Global Partner Acquisition Corp II (GPACU) Prices Upsized $275M IPO

Global Partner Acquisition Corp II announced the pricing of its upsized $275 million IPO last night and its units are expected to begin trading on the Nasdaq under the symbol “GPACU” Tuesday, January 12.

The new company aims to combine with a disruptive consumer brand or healthcare business valued at $1 billion to $3 billion. Global Partner II is led by CEO and Chairman Paul J. Zepf and CFO David Apseloff.

Total SPAC deal count for 2021 year-to-date is now 34 with $8.4 billion in gross proceeds raised. This offering is expected to close on Thursday, January 14.


UBS Securities LLC and RBC Capital Markets LLC are acting as the joint book-running managers for the offering. Ellenoff Grossman & Schole LLP is serving as Issuer’s Counsel with Paul Hastings LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company LLC is acting as trustee.

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