Global Partner Acquisition Corp.

Merged
CIK: 1643953•Ticker: GPAC•Merged Ticker: PRPL
Successfully merged with Purple Innovation, LLC • Now trading as PRPL

SPAC Overview

$155M
IPO Size
$155M
Trust (as of 2017-12-31)
Completed
Current Status
2015
IPO Year

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

Embarc dashboard

What the sponsor registered, what the deal actually priced at, and every 8-K that moved it — unit structure, sponsor promote, and the dated lifecycle events, each linked to its filing.

  • Unit structure as registered and as priced — price, warrant coverage, rights, trust per unit
  • Sponsor promote: founder shares and percentage, private-placement warrants, trust deposit
  • The full 8-K lifecycle timeline, each event linked to its filing
  • Price history across the unit, share and warrant tickers
  • Follow it, and see it change on your watchlist
Open in the dashboard

SPAC Team

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.

Stock Performance

PRPL
Trading Symbol
First Trade
2015-10-29
$9.75
At Merger
2018-02-06
$12.00
+23%
6 Months Post-Merger
2018-08-08
$6.67
-44%
1 Year Post-Merger
2019-02-04
$5.71
-52%
2 Years Post-Merger
2020-02-06
$13.34
+11%
Current Price
2026-10-02
$2.10
-78%

Key Information

IPO Date
2015-07-30
Total Redemptions
$125M
PIPE
$40M
State of Incorporation
DE
SIC
6770
Completion Date
2018-02-02
Merger Target
Purple Innovation, LLC
SPAC Ticker
GPAC
Merged Ticker
PRPL