Lineage Point Capital LP Acquires New Position in Global Partner Acquisition Corp II $GPACU

Lineage Point Capital LP purchased a new stake in Global Partner Acquisition Corp II (NASDAQ:GPACU) in the fourth quarter, according to the company in its most recent filing with the Securities and Exchange Commission (SEC). The fund purchased 500,000 shares of the company’s stock, valued at approximately $5,005,000. Global Partner Acquisition Corp II accounts for 1.9% of Lineage Point Capital LP’s investment portfolio, making the stock its 10th largest position.

A number of other institutional investors have also added to or reduced their stakes in the business. Gritstone Asset Management LLC bought a new position in Global Partner Acquisition Corp II in the fourth quarter worth approximately $751,000. Deltec Asset Management LLC acquired a new position in shares of Global Partner Acquisition Corp II during the fourth quarter worth $801,000. ABC Arbitrage SA purchased a new stake in Global Partner Acquisition Corp II during the 4th quarter valued at about $400,000. Jefferies Financial Group Inc. acquired a new position in Global Partner Acquisition Corp II in the 4th quarter worth approximately $1,842,000. Finally, BNP Paribas Financial Markets acquired a new stake in shares of Global Partner Acquisition Corp II in the fourth quarter worth $4,957,000.

Global Partner Acquisition Corp II Price Performance

Shares of GPACU stock opened at $10.09 on Friday. The business has a 50-day simple moving average of $10.07 and a 200-day simple moving average of $10.03. Global Partner Acquisition Corp II has a 52-week low of $9.97 and a 52-week high of $10.50.

Global Partner Acquisition Corp II 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.