Global SPAC Partners Co.
GLSPW
NASDAQ Capital Market0.30
USD
+0.10
- -
CIK
0001821169
Return %
Stock
S&P500
1Y
- -
18.21
3Y
16.19
64.38
5Y
-45.07
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Bryant B. Edwards
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 2093 Philadelphia Pike Claymont DE United States of America
- IPO Date
- May 10, 2021
- CIK
- 0001821169
- Similar Companies
- Business
- Global SPAC Partners Co. (Nasdaq:GLSPW) operates as a blank check company focused on effecting mergers, share exchanges, asset acquisitions, share purchases, reorganizations, or similar business combinations with one or more businesses, with an initial strategy targeting opportunities in the Middle East, North Africa (MENA), or South and Southeast Asia regions. The company provides blank check financing through its public units (GLSPU), subunits (GLSPT), and warrants (GLSPW), which trade separately on Nasdaq Capital Market and collectively offer investors exposure to potential de-SPAC transactions across diversified financial sectors including asset management and custody banks. Founded in 2020 and headquartered at 2093 Philadelphia Pike, Suite 1968, Claymont, Delaware, United States, Global SPAC Partners maintains a lean structure with no traditional employees and seeks targets globally to create public market access for underserved companies. In 2022, the company completed its initial business combination with Gorilla Technology Group Inc., a provider of AI-driven cybersecurity and edge computing solutions, through an amended and restated agreement valuing the pro-forma enterprise at approximately $720 million; this de-SPAC transaction, approved by shareholders on July 13, 2022, included $41.9 million in PIPE financing from AI institutional investors after waiving the original $50 million minimum cash condition and resulted in Gorilla ordinary shares and warrants trading under GRRR and GRRRW, respectively, marking Global SPAC Partners' primary strategic execution and liquidation of its SPAC structure. Subsequent to the merger, no further acquisitions, partnerships, funding rounds, or operational expansions have been reported for Global SPAC Partners Co., with its warrants (GLSPW) continuing to trade amid ongoing market interest in legacy SPAC securities.