Global SPAC Partners Closes $160M IPO Global SPAC Partners Co. has closed its initial public offering of 16,000,000 units, at $10.00 per unit, resulting in gross proceeds of $160,000,000. The company’s units began trading on the Nasdaq Capital Market on April 9, under the ticker symbol “ GLSPU.” Each unit consists of one subunit and one-half of a redeemable warrant. Each subunit consists of one Class A ordinary share and one-quarter of a redeemable warrant. Each full warrant entitles the holder thereof to purchase one Class A ordinary share at a price of $11.50 per share. Once the securities comprising the units begin separate trading, the subunits and warrants are expected to be listed on Nasdaq under the symbols “