Global Partner Acquisition, a blank check company focused on acquiring and deleveraging a financial, consumer or technology business, announced terms for its IPO on Friday.
The New York, NY-based company plans to raise $135 million by offering 13.5 million units at a price of $10. At that price, Global Partner Acquisition would command a fully diluted market value of $169 million.
Global Partner Acquisition, plans to list its units on the NASDAQ under the symbol GPACU. Deutsche Bank is the sole bookrunner on the deal. No pricing date was disclosed.
