Global Partner Acquisition Corp.
Completed 2018-02-02- CIK 1643953
- GPAC
- Now PRPL
- IPO 2015-07-30
- $155M trust
- 852 filings
Successfully merged with Purple Innovation, LLC • Now trading as PRPL
- IPO Size
- $155M
- raised at the IPO
- Trust
- $155M
- as of 2017-12-31
- Current Status
- Completed
- from its latest filing
- IPO Year
- 2015
- year it listed
Filings, by quarter
852 filings over 47 quarters; violet bars carry a milestone
- 15 Q2: 1 filing
- 15 Q3: 24 filings
- 15 Q4: 1 filing
- 16 Q1: 6 filings
- 16 Q2: 1 filing
- 16 Q3: 1 filing
- 16 Q4: 3 filings
- 17 Q1: 14 filings
- 17 Q2: 8 filings
- 17 Q3: 13 filings
- 17 Q4: 16 filings
- 18 Q1: 55 filings
- 18 Q2: 21 filings
- 18 Q3: 9 filings
- 18 Q4: 12 filings
- 19 Q1: 22 filings
- 19 Q2: 36 filings
- 19 Q3: 17 filings
- 19 Q4: 26 filings
- 20 Q1: 17 filings
- 20 Q2: 23 filings
- 20 Q3: 46 filings
- 20 Q4: 29 filings
- 21 Q1: 16 filings
- 21 Q2: 30 filings
- 21 Q3: 11 filings
- 21 Q4: 17 filings
- 22 Q1: 35 filings
- 22 Q2: 49 filings
- 22 Q3: 15 filings
- 22 Q4: 11 filings
- 23 Q1: 45 filings
- 23 Q2: 56 filings
- 23 Q3: 5 filings
- 23 Q4: 7 filings
- 24 Q1: 26 filings
- 24 Q2: 24 filings
- 24 Q3: 6 filings
- 24 Q4: 7 filings
- 25 Q1: 25 filings
- 25 Q2: 25 filings
- 25 Q3: 7 filings
- 25 Q4: 3 filings
- 26 Q1: 8 filings
- 26 Q2: 17 filings
- 26 Q3: 5 filings
- 26 Q4: 1 filing
- S-1 filed 15 Q2
- IPO 15 Q3
- Definitive agreement 18 Q1
- Completed 18 Q1
SPAC Overview
Where it stands on the road from S-1 to merger
Timeline Progress
About
Global Partner Acquisition Corp. is a blank-check company seeking to complete an initial business combination. It is a generalist, seeking a target with enterprise value generally between $300 million and $1.5 billion, while considering opportunities in any industry or sector.
Investment Focus
Technology, Media, Industrial, Consumer, Retail, Financial Services
Key Information
As the filings state it
- IPO Date
- 2015-07-30
- Total Redemptions
- $125M
- PIPE
- $40M
- Jurisdiction of Incorporation
- Delaware
- SIC
- 6770
- Completion Date
- 2018-02-02
- Merger Target
- Purple Innovation, LLC
- SPAC Ticker
- GPAC
- Merged Ticker
- PRPL
Stock Performance
PRPLTrading symbol, and its price at each step since the first trade
| Point | Date | Price | Move |
|---|---|---|---|
| First Trade | 2015-10-29 | $9.75 | |
| At Merger | 2018-02-05 | $10.56 | +8% |
| 6 Months Post-Merger | 2018-08-06 | $6.74 | -36% |
| 1 Year Post-Merger | 2019-02-04 | $5.71 | -46% |
| 2 Years Post-Merger | 2020-02-03 | $12.88 | +22% |
| Current Price | 2026-10-16 | $2.39 | -75% |
SPAC Team
The banks on its IPO, and the team as the filings describe it
Underwriters
Extended Team Information
The team is led by William Kerr, Paul Zepf and Andrew Cook, with director nominees and advisors bringing operating, investing, financial, transaction and industry experience; the combined team reports more than 125 completed transactions.