K2 Principal Fund L.P. Makes New Investment in Global Partner Acquisition Corp II $GPACU

K2 Principal Fund L.P. purchased a new position in Global Partner Acquisition Corp II (NASDAQ:GPACU) in the fourth quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The institutional investor purchased 100,000 shares of the company’s stock, valued at approximately $1,001,000.

A number of other hedge funds have also modified their holdings of the company. Glazer Capital LLC bought a new position in shares of Global Partner Acquisition Corp II in the fourth quarter worth approximately $11,017,000. Picton Mahoney Asset Management bought a new position in shares of Global Partner Acquisition Corp II in the fourth quarter worth approximately $10,010,000. Berkley W R Corp bought a new position in shares of Global Partner Acquisition Corp II in the fourth quarter worth approximately $5,191,000. Hudson Bay Capital Management LP bought a new position in shares of Global Partner Acquisition Corp II during the fourth quarter worth $5,005,000. Finally, BNP Paribas Financial Markets bought a new position in shares of Global Partner Acquisition Corp II during the fourth quarter worth $4,957,000.

Global Partner Acquisition Corp II Stock Performance

Shares of NASDAQ:GPACU opened at $10.09 on Friday. The firm has a fifty day moving average price of $10.06 and a 200 day moving average price of $10.03. Global Partner Acquisition Corp II has a fifty-two week low of $9.97 and a fifty-two week high of $10.50.

Global Partner Acquisition Corp II Company Profile

Global Partner Acquisition Corp II does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, share purchase, reorganization, or other business combination with one or more businesses or entities. The company was incorporated in 2020 and is based in New York, New York. Global Partner Acquisition Corp II is a subsidiary of Global Partner Sponsor II LLC.