Lineage Point Capital LP Takes $5 Million Position in Global Partner Acquisition Corp II $GPACU

Lineage Point Capital LP purchased a new stake in Global Partner Acquisition Corp II (NASDAQ:GPACU) in the 4th quarter, HoldingsChannel reports. The firm purchased 500,000 shares of the company’s stock, valued at approximately $5,005,000. Global Partner Acquisition Corp II accounts for approximately 1.9% of Lineage Point Capital LP’s investment portfolio, making the stock its 10th biggest position.

Other large investors also recently bought and sold shares of the company. Adage Capital Partners GP L.L.C. purchased a new position in Global Partner Acquisition Corp II during the fourth quarter worth approximately $18,018,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new stake in shares of Global Partner Acquisition Corp II in the fourth quarter valued at approximately $12,012,000. Alberta Investment Management Corp acquired a new stake in shares of Global Partner Acquisition Corp II in the 4th quarter worth $12,012,000. Millennium Management LLC acquired a new stake in Global Partner Acquisition Corp II during the fourth quarter worth about $12,012,000. Finally, Glazer Capital LLC purchased a new position in Global Partner Acquisition Corp II during the fourth quarter worth about $11,017,000.

Global Partner Acquisition Corp II Stock Performance

NASDAQ:GPACU opened at $10.09 on Friday. Global Partner Acquisition Corp II has a 1-year low of $9.97 and a 1-year high of $10.50. The company’s 50-day moving average is $10.07 and its two-hundred day moving average is $10.03.

Global Partner Acquisition Corp II 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.