Atlas Merchant Capital Discloses Passive Stake in Global Partner Acquisition Corp II

TL;DR

**Atlas Merchant Capital just revealed a passive stake in GPAC, signaling institutional interest.**

AI Summary

Atlas Merchant Capital LLC, along with its affiliates and key individuals Robert E. Diamond, Jr. and David I. Schamis, filed an SC 13G on January 8, 2024, indicating their beneficial ownership of Class A Common Stock in Global Partner Acquisition Corp II (GPAC). This filing, triggered by an event on January 3, 2024, signals that Atlas Merchant Capital LLC is a significant, passive investor in GPAC, holding a stake that requires disclosure but not active control. This matters to investors because it reveals a notable institutional investor's position, potentially signaling confidence in GPAC's future, especially as a 'blank check' company looking for an acquisition target.

Why It Matters

This filing shows a major financial firm, Atlas Merchant Capital, has taken a significant, passive stake in Global Partner Acquisition Corp II, which could be seen as a vote of confidence in the SPAC's potential.

Risk Assessment

Risk Level: low — This filing indicates a passive investment, meaning the reporting entity does not intend to influence control, which generally poses low risk to existing shareholders.

Analyst Insight

Investors should note the presence of a significant institutional investor like Atlas Merchant Capital, but recognize this is a passive stake. Further due diligence on Global Partner Acquisition Corp II's progress in identifying an acquisition target would be prudent.

Key Numbers

• $0.0001 — par value per share (par value of Global Partner Acquisition Corp II Class A Common Stock)

Key Players & Entities

• Atlas Merchant Capital LLC (company) — reporting person and beneficial owner
• Global Partner Acquisition Corp II (company) — subject company (issuer)
• Robert E. Diamond, Jr. (person) — group member associated with Atlas Merchant Capital
• David I. Schamis (person) — group member associated with Atlas Merchant Capital
• AMC SPAC FUND GP LP (company) — group member associated with Atlas Merchant Capital
• January 3, 2024 (date) — date of event requiring the filing

Forward-Looking Statements

• Atlas Merchant Capital will maintain its passive investment in Global Partner Acquisition Corp II. (Atlas Merchant Capital LLC) — high confidence, target: Next 12 months
• Global Partner Acquisition Corp II will announce a business combination target. (Global Partner Acquisition Corp II) — medium confidence, target: Next 12-18 months

FAQ

Key Financial Figures

• $0.0001 — Name of Issuer) Class A Common Stock, $0.0001 par value per share (Title of Class o

Filing Documents

• eh240436019_13g-gpac.htm (SC 13G) — 165KB
• 0000950142-24-000057.txt ( ) — 167KB

From the Filing

SC 13G 1 eh240436019_13g-gpac.htm SCHEDULE 13G UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 SCHEDULE 13G Under the Securities Exchange Act of 1934 (Amendment No. ___)* Global Partner Acquisition Corp II (Name of Issuer) Class A Common Stock, $0.0001 par value per share (Title of Class of Securities) G3934P102 (CUSIP Number) January 3, 2024 (Date of Event which Requires Filing of this Statement) Check the appropriate box to designate the rule pursuant to which this Schedule is filed. Rule 13d-1(b) Rule 13d-1(c) Rule 13d-1(d) *The remainder of this cover page shall be filled out for a reporting person’s initial filing on this form with respect to the subject class of securities, and for any subsequent amendment containing information which would alter the disclosures provided in a prior cover page. The information required on the remainder of this cover page shall not be deemed to be “filed” for the purpose of Section 18 of the Securities Exchange Act of 1934 (“Act”) or otherwise CUSIP No. G3934P102 SCHEDULE 13G Page 2 of 15 1 NAME OF REPORTING PERSON Atlas Merchant Capital SPAC Fund I LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 200,000 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 200,000 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% 12 TYPE OF REPORTING PERSON OO CUSIP No. G3934P102 SCHEDULE 13G Page 3 of 15 1 NAME OF REPORTING PERSON Atlas Merchant Capital LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 200,000 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 200,000 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% 12 TYPE OF REPORTING PERSON IA, OO CUSIP No. G3934P102 SCHEDULE 13G Page 4 of 15 1 NAME OF REPORTING PERSON Atlas Merchant Capital Holdings, Ltd. 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Cayman Islands NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 200,000 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 200,000 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% 12 TYPE OF REPORTING PERSON OO CUSIP No. G3934P102 SCHEDULE 13G Page 5 of 15 1 NAME OF REPORTING PERSON Atlas Merchant Capital LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 200,000 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 200,000 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% 12 TYPE OF REPORTING PERSON PN CUSIP No. G3934P102 SCHEDULE 13G Page 6 of 15 1 NAME OF REPORTING PERSON Atlas Merchant Capital GP LLC 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 200,000 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 200,000 8 SHARED DISPOSITIVE POWER 0 9 AGGREGATE AMOUNT BENEFICIALLY OWNED BY EACH REPORTING PERSON 200,000 10 CHECK BOX IF THE AGGREGATE AMOUNT IN ROW (9) EXCLUDES CERTAIN SHARES 11 PERCENT OF CLASS REPRESENTED BY AMOUNT IN ROW (9) 5.1% 12 TYPE OF REPORTING PERSON OO CUSIP No. G3934P102 SCHEDULE 13G Page 7 of 15 1 NAME OF REPORTING PERSON AMC SPAC Fund GP LP 2 CHECK THE APPROPRIATE BOX IF A MEMBER OF A GROUP (a) (b) 3 SEC USE ONLY 4 CITIZENSHIP OR PLACE OF ORGANIZATION Delaware NUMBER OF SHARES BENEFICIALLY OWNED BY EACH REPORTING PERSON WITH 5 SOLE VOTING POWER 200,000 6 SHARED VOTING POWER 0 7 SOLE DISPOSITIVE POWER 200,000

View Full Filing

View this SC 13G filing on SEC EDGAR