0001213900-21-025155.txt : 20210507 0001213900-21-025155.hdr.sgml : 20210507 20210507164416 ACCESSION NUMBER: 0001213900-21-025155 CONFORMED SUBMISSION TYPE: 8-K PUBLIC DOCUMENT COUNT: 2 CONFORMED PERIOD OF REPORT: 20210507 ITEM INFORMATION: Other Events ITEM INFORMATION: Financial Statements and Exhibits FILED AS OF DATE: 20210507 DATE AS OF CHANGE: 20210507 FILER: COMPANY DATA: COMPANY CONFORMED NAME: Global SPAC Partners Co, CENTRAL INDEX KEY: 0001821169 STANDARD INDUSTRIAL CLASSIFICATION: BLANK CHECKS [6770] IRS NUMBER: 000000000 STATE OF INCORPORATION: E9 FISCAL YEAR END: 1231 FILING VALUES: FORM TYPE: 8-K SEC ACT: 1934 Act SEC FILE NUMBER: 001-40320 FILM NUMBER: 21903531 BUSINESS ADDRESS: STREET 1: 2093 PHILADELPHIA PIKE #1968 CITY: CLAYMONT STATE: DE ZIP: 19703 BUSINESS PHONE: 4242997798 MAIL ADDRESS: STREET 1: 2093 PHILADELPHIA PIKE #1968 CITY: CLAYMONT STATE: DE ZIP: 19703 8-K 1 ea140536-8k_globalspac.htm CURRENT REPORT

 

 

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d) OF THE

SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): May 7, 2021

 

Global SPAC Partners Co.

(Exact name of registrant as specified in its charter)

 

Cayman Islands   001-40320   N/A
(State or other jurisdiction
of incorporation)
  (Commission
File Number)
  (IRS Employer
Identification No.)

 

2093 Philadelphia Pike #1968

Claymont, DE 19703

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: (650) 560 4753

 

Not Applicable
(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class  

Trading Symbol(s)

  Name of each exchange on which registered
         
Units, each consisting of one subunit and one-half of one warrant   GLSPU   The Nasdaq Stock Market LLC
         
Subunits included as part of the units, each consisting of one Class A ordinary share, $.0001 par value, and one-quarter of one warrant   GLSPT   The Nasdaq Stock Market LLC
         
Redeemable warrants   GLSPW   The Nasdaq Stock Market LLC

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company þ

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 8.01. Other Events.

 

Separate Trading of Units, Subunits and Warrants

 

On May 7, 2021, Global SPAC Partners Co. (the “Company”) announced that, commencing on May 10, 2021, the holders of units issued in its initial public offering (the “Units”), each consisting of one subunit (“Subunit”) and one-half of one redeemable warrant of the Company (“Warrant”), with each whole Warrant entitling the holder thereof to purchase one of the Company’s Class A ordinary shares, par value $0.0001 per share (“Class A Ordinary Shares”), for $11.50 per share, may elect to separately trade the Subunits and Warrants included in the Units. The Units not separated will continue to trade on the Nasdaq Capital Market under the symbol “GLSPU.” The Subunits and Warrants are expected to trade on the Nasdaq Capital Market under the symbols “GLSPT” and “GLSPW,” respectively. Holders of Units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the Units into Subunits and Warrants. Each Subunit consists of one Class A Ordinary Share and one-quarter of one Warrant. The Subunits will not separate into Class A Ordinary Shares and Warrants unless and until the Company consummates an initial business combination.

 

Item 9.01. Financial Statements and Exhibits.

 

(d)Exhibits

 

Exhibit No.   Description
99.1   Press Release dated May 7, 2021.

  

1

 

   

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  Global SPAC Partners Co.
     
  By: /s/ Bryant B. Edwards
    Name:  Bryant B. Edwards
    Title: Chief Executive Officer
     
Dated: May 7, 2021    

 

 

2

 

 

EX-99.1 2 ea140536ex99-1_globalspac.htm PRESS RELEASE DATED MAY 7, 2021

Exhibit 99.1

 

Global SPAC Partners Co. Announces the Separate Trading of its Subunits and Warrants, Commencing May 10, 2021

 

New York, New York, May 07, 2021 (GLOBE NEWSWIRE) -- Global SPAC Partners Co. (“Global” or the “Company”) (NASDAQ: GLSPU) announced today that, commencing May 10, 2021, holders of the units sold in the Company’s initial public offering may elect to separately trade the Company’s subunits and warrants included in the units. Subunits and warrants that are separated will trade on the Nasdaq Capital Market under the symbols “GLSPT” and “GLSPW,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into subunits and warrants. Those units not separated will continue to trade on the Nasdaq Capital Market under the symbol “GLSPU.” The subunits will not separate into the Company’s Class A ordinary shares and warrants unless and until the Company consummates an initial business combination.

 

A registration statement relating to these securities was declared effective by the Securities and Exchange Commission (“SEC”) on April 8, 2021. The offering was made only by means of a prospectus, copies of which may be obtained by contacting I-Bankers Securities, Inc., Attn: 535 5th Ave. 4th Fl, New York, NY 10017.

 

This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

 

About Global SPAC Partners Co.

 

Global is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an acquisition in any geography, business industry or sector, it intends to concentrate its efforts on identifying businesses in the Southeast Asia, Middle East and North Africa regions. The Company is led by Chairman - Jayesh “Jay” Chandan, Chief Executive Officer - Bryant B. Edwards, Chief Operating Officer & President - Stephen N. Cannon and Chief Financial Officer - Long Long.

 

FORWARD-LOOKING STATEMENTS

 

This press release contains statements that constitute “forward-looking statements,” which are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

 

Investor Contact:

Global SPAC Partners Co. (650) 560-4753

Info@GlobalSPAC.com