Global Partner Acquisition Corp II Overview
Pro stress-test →Global Partner Acquisition Corp II is a special purpose acquisition company (SPAC) that completed a business combination with Stardust Power Inc, a battery-grade lithium products manufacturer. As of November 2023, the merged entity was expected to trade on Nasdaq under the ticker symbol SDST with a pro forma enterprise value of $490 million.
Strategic Profile
Pro stress-test →GPAC II functions as an acquisition vehicle designed to identify and merge with operating companies. The company's strategy focuses on supporting growth-stage companies through public capital markets access, with management expertise in private equity and investment banking backgrounds.
Competitive Landscape
Pro stress-test →The combined company competes in the battery-grade lithium production market against established chemical manufacturers and emerging lithium processors. Competition includes both integrated battery material suppliers and specialty lithium refiners targeting the EV and renewable energy storage markets.
Industry Context
Global Partner Acquisition Corp II operates in Battery-grade lithium processing and refining.
Key facts
Founded: 2020 · Headquarters: New York, US · Market cap: $95.6M