Magnetar Financial LLC Purchases New Stake in Global Partner Acquisition Corp II $GPACU

Magnetar Financial LLC acquired a new position in Global Partner Acquisition Corp II (NASDAQ:GPACU) in the 4th quarter, according to its most recent filing with the Securities & Exchange Commission. The institutional investor acquired 921,448 shares of the company’s stock, valued at approximately $9,224,000.

Several other hedge funds also recently added to or reduced their stakes in the business. Alberta Investment Management Corp purchased a new position in Global Partner Acquisition Corp II in the fourth quarter worth approximately $12,012,000. OMERS ADMINISTRATION Corp purchased a new position in Global Partner Acquisition Corp II in the fourth quarter worth approximately $4,004,000. Verition Fund Management LLC purchased a new position in Global Partner Acquisition Corp II in the fourth quarter worth approximately $2,002,000. Healthcare of Ontario Pension Plan Trust Fund purchased a new position in Global Partner Acquisition Corp II in the fourth quarter worth approximately $12,012,000. Finally, K2 Principal Fund L.P. purchased a new position in Global Partner Acquisition Corp II in the fourth quarter worth approximately $1,001,000.

Global Partner Acquisition Corp II Stock Performance

Shares of Global Partner Acquisition Corp II stock opened at $10.09 on Wednesday. Global Partner Acquisition Corp II has a fifty-two week low of $9.97 and a fifty-two week high of $10.50. The stock has a 50 day moving average of $10.07 and a 200 day moving average of $10.03.

Global Partner Acquisition Corp II Company 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.