Periscope Capital Inc. Makes New $2.91 Million Investment in Global Partner Acquisition Corp II $GPACU

Periscope Capital Inc. purchased a new position in shares of Global Partner Acquisition Corp II (NASDAQ:GPACU) in the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission. The fund purchased 290,400 shares of the company’s stock, valued at approximately $2,907,000.

A number of other institutional investors and hedge funds also recently added to or reduced their stakes in GPACU. BNP Paribas Financial Markets acquired a new stake in Global Partner Acquisition Corp II during the 4th quarter worth about $4,957,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Global Partner Acquisition Corp II during the 4th quarter worth about $3,003,000. Jefferies Financial Group Inc. acquired a new stake in Global Partner Acquisition Corp II during the 4th quarter worth about $1,842,000. Deltec Asset Management LLC acquired a new stake in Global Partner Acquisition Corp II during the 4th quarter worth about $801,000. Finally, Gritstone Asset Management LLC acquired a new stake in Global Partner Acquisition Corp II during the 4th quarter worth about $751,000.

Global Partner Acquisition Corp II Price Performance

Shares of GPACU opened at $10.09 on Friday. The stock has a 50-day moving average of $10.05 and a two-hundred day moving average of $10.03. Global Partner Acquisition Corp II has a one year low of $9.97 and a one year high of $10.50.

About Global Partner Acquisition Corp II

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.