Item 8.01 Other Events.
On January 14, 2021, Global Partner Acquisition Corp II (the "Company")
completed its initial public offering ("IPO") of 30,000,000 units ("Units"),
including 2,500,000 Units sold pursuant to the full exercise of the IPO
underwriters' over-allotment option. Each Unit consists of (i) one Class A
ordinary share of the Company, par value $0.0001 per share (the "Class A
Ordinary Shares"), (ii) one-sixth of one redeemable warrant of the Company, each
whole redeemable warrant entitling the holder thereof to purchase one Class A
Ordinary Share for $11.50 per share and (iii) the contingent right to receive,
in certain circumstances described in the Company's registration statement on
Form S-1 relating to the IPO (File No. 333-251558) and pursuant to a contingent
rights agreement, another one-sixth of one redeemable warrant. The contingent
rights will remain attached to the Ordinary Shares, will not be separately
transferable, assignable or salable, and will not be evidenced by any
certificate or instrument. The Units were sold at a price of $10.00 per Unit,
generating gross proceeds (before underwriting commissions and offering
expenses) of $300,000,000 to the Company.
Also on January 14, 2021, and simultaneously with the completion of the IPO, the
Company completed the private sale of 5,566,667 warrants (the "Private Placement
Warrants") to Global Partner Sponsor II LLC (the "Sponsor") at a purchase price
of $1.50 per Private Placement Warrant, generating proceeds of $8,350,000 to the
Company.
Also on January 14, 2021, and simultaneously with the completion of the IPO and
the sale of the Private Placement Warrants, a total of $300,000,000 was placed
in a U.S.-based trust account with Continental Stock Transfer & Trust Company
acting as trustee, consisting of the Company's proceeds from the IPO (net of
immediate underwriting commissions) of $294,000,000 (which amount includes
$10,500,000 of deferred underwriting commissions) and $6,000,000 of the
Company's proceeds from the sale of the Private Placement Warrants.
An audited balance sheet of the Company as of January 14, 2021, reflecting the
Company's receipt of proceeds upon completion of both the IPO and the sale of
the Private Placement Warrants, is included as Exhibit 99.1 to this Current
Report on Form 8-K.
Item 9.01 Financial Statements and Exhibits.
(d) Exhibits.
99.1 Audited balance sheet as of January 14, 2021.
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