GPAC Schedules Shareholder Vote for Business Combination
Ticker: SDSTW · Form: 8-K · Filed: Jun 28, 2024 · CIK: 1831979
| Field | Detail |
|---|---|
| Company | Global Partner Acquisition Corp II (SDSTW) |
| Form Type | 8-K |
| Filed Date | Jun 28, 2024 |
| Risk Level | medium |
| Pages | 13 |
| Reading Time | 16 min |
| Key Dollar Amounts | $0.0001, $11.38, $18,893,209.48, $1,531,342.01 |
| Sentiment | neutral |
Sentiment: neutral
Topics: spac, business-combination, shareholder-meeting
TL;DR
GPAC is holding a shareholder meeting to vote on its business combination – big changes could be coming.
AI Summary
Global Partner Acquisition Corp II (GPAC) announced on June 27, 2024, that it will hold a special meeting of its stockholders to vote on proposals related to its business combination. The specific details of the business combination and the proposals to be voted on are not fully disclosed in this filing, but it pertains to the company's structure and potential future operations.
Why It Matters
This filing indicates a significant step towards a potential business combination for GPAC, which could lead to a change in the company's structure or operational focus.
Risk Assessment
Risk Level: medium — The filing concerns a business combination vote, which inherently carries risks related to shareholder approval and the success of the proposed transaction.
Key Players & Entities
- Global Partner Acquisition Corp II (company) — Registrant
- GPAC (company) — Abbreviated name for Registrant
FAQ
What is the specific date of the special meeting of stockholders?
The filing does not specify the exact date of the special meeting of stockholders, only that it is being reported as of June 27, 2024.
What are the specific proposals that stockholders will vote on?
The filing indicates that stockholders will vote on proposals related to the company's business combination, but the exact nature of these proposals is not detailed in this document.
What is the nature of the business combination being voted on?
The filing does not provide specific details about the nature of the business combination.
What is the ticker symbol for Global Partner Acquisition Corp II?
The filing does not explicitly state the ticker symbol, but it is implied to be GPAC based on common abbreviations for SPACs.
Where is Global Partner Acquisition Corp II incorporated?
Global Partner Acquisition Corp II is incorporated in the Cayman Islands.
Filing Stats: 3,920 words · 16 min read · ~13 pages · Grade level 19.3 · Accepted 2024-06-28 07:00:12
Key Financial Figures
- $0.0001 — nsisting of one Class A ordinary share, $0.0001 par value, and one-sixth of one redeema
- $11.38 — at a redemption price of approximately $11.38 per share, for an aggregate redemption
- $18,893,209.48 — , for an aggregate redemption amount of $18,893,209.48. Following such redemptions, 134,550 C
- $1,531,342.01 — mpany, remain outstanding, representing $1,531,342.01 cash in trust that will be available to
Filing Documents
- ea0208667-8k425_global2.htm (8-K) — 126KB
- 0001213900-24-056846.txt ( ) — 356KB
- gpac-20240627.xsd (EX-101.SCH) — 4KB
- gpac-20240627_def.xml (EX-101.DEF) — 27KB
- gpac-20240627_lab.xml (EX-101.LAB) — 37KB
- gpac-20240627_pre.xml (EX-101.PRE) — 25KB
- ea0208667-8k425_global2_htm.xml (XML) — 7KB
forward-looking statements are based on GPAC II's and Stardust Power's management's current expectations and assumptions
forward-looking statements are based on GPAC II's and Stardust Power's management's current expectations and assumptions about future events and are based on currently available information as to the outcome and timing of future events. GPAC II and Stardust Power caution you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of GPAC II and Stardust Power. These risks include, but are not limited to, (i) the risk that the proposed Business Combination may not be completed in a timely manner or at all, which may adversely affect the price of GPAC II's securities; (ii) the risk that the proposed Business Combination may not be completed by GPAC II's Business Combination deadline and the potential failure to obtain an extension of the Business Combination deadline if sought by GPAC II; (iii) the failure to satisfy the conditions to the consummation of the proposed Business Combination, including the receipt of certain governmental and regulatory approvals; (iv) the effect of the announcement or pendency of the proposed Business Combination on Stardust Power's business relationships, performance, and business generally; (v) risks that the proposed Business Combination disrupts current plans of Stardust Power and potential difficulties in Stardust Power's employee retention as a result of the proposed Business Combination; (vi) the outcome of any legal proceedings that may be instituted against GPAC II or Stardust Power related to the agreement and the proposed Business Combination; (vii) changes to the proposed structure of the Business Combination that may be required or appropriate as a result of applicable laws or regulations or as a condition to obtaining regulatory approval of the Business Combination (viii) the ability to maintain the listing of GPAC II's securities on the Nasdaq; (ix) the price of GPAC II's securities, including volatility resulting from chan
SIGNATURES
SIGNATURES Pursuant to the requirements of the Exchange Act, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized. GLOBAL PARTNER ACQUISITION CORP II Dated: June 28, 2024 By: /s/ Chandra R. Patel Name: Chandra Patel Title: Chief Executive Officer 7