Illegal Activity
none
Blackmail
none
Date
2015-07-27
Document Type
legal filing
Model
gemini-2.0-flash-001
Processed
2026-02-07T18:42
Summary
This document is part of an S-1 filing for Global Partner Acquisition Corp., outlining the terms of the offering, including redemption rights for public shareholders if the company fails to complete a business combination within 24 months. It also details limitations on payments to insiders and the company's obligations under Delaware law and SEC regulations.
Metadata
- Subject
- Global Partner Acquisition Corp. - S-1 Filing
- Sender
- —
- Recipients
- —
- Document ID
- DB-SDNY-0057838
- Date
- 2015-07-27
Relationships 1
| Entity 1 | Relationship | Entity 2 | Description |
|---|---|---|---|
| Global Partner Acquisition Corp. | sponsor | Global Partner Sponsor I 1.I.C. | Global Partner Sponsor I 1.I.C. is the sponsor of Global Partner Acquisition Corp. |
Notable Quotes 2
There will be no redemption rights or liquidating distributions with respect to our warrants, which will expire worthless if we fail to complete our business combination within the 24-month time period.
However, we may not redeem our public shares in an amount that would cause our net tangible assets to be less than $5,000,001 (so that we are not subject to the SEC's 'penny stock' rules).
Financial Information
Amounts:$225,000$10,000$5,000,001
Transactions:
- Repayment of up to $225,000 in loans to Global Partner Sponsor I 1.I.C.
- Payment to sponsor of $10,000 per month for office space, utilities and administrative support
- Redemption of public shares if business combination fails
Public Knowledge
- Context
- This is part of an S-1 filing, which is a public document.
Legal Compliance
- Obligations under Delaware law to provide for claims of creditors
- Compliance with SEC's 'penny stock' rules
Raw Analysis JSON
click to expand
Themes
Financial transactions/money flowLegal matters/litigationBusiness dealings
Organizations 3
Global Partner Acquisition Corp.Global Partner Sponsor I 1.I.C.SEC
Locations 1
Delaware
Text Analysis
- Tone
- Professional
- Purpose
- To describe the terms of a special purpose acquisition company (SPAC) offering, including redemption rights, liquidation distributions, and payments to insiders.
- Significance
- This document outlines the financial and legal obligations of Global Partner Acquisition Corp. in relation to its initial business combination and the protection of public shareholders.
File Info
- File Name
- EFTA01366312.txt
- Dataset
- dataset_10
- Type
- Text
- Model
- gemini-2.0-flash-001
- Processed
- 2026-02-07T18:42:11.150197
- DOJ Source
- View on DOJ