Global Partner Acquisition Corp II (NASDAQ:GPACW – Get Free Report) was the recipient of a large decrease in short interest in the month of October. As of October 15th, there was short interest totaling 3,271 shares, a decrease of 38.4% from the September 30th total of 5,313 shares. Based on an average daily volume of 2,484 shares, the days-to-cover ratio is presently 1.3 days.
Global Partner Acquisition Corp II Price Performance
GPACW opened at $0.19 on Friday. The stock’s 50 day moving average price is $0.23 and its two-hundred day moving average price is $0.25. Global Partner Acquisition Corp II has a 12-month low of $0.11 and a 12-month high of $0.34.
Global Partner Acquisition Corp II Company Profile
Global Partner Acquisition Corp II was a special purpose acquisition company (SPAC) formed to identify and complete a business combination with an operating company. Before completing such a transaction, the company did not conduct significant commercial operations, sell products, or provide services of its own.
Global Partner Acquisition Corp II ultimately combined with NewGenIvf Group Limited, a fertility-services company serving patients in Southeast Asia. NewGenIvf operates fertility clinics and provides assisted reproductive services, including in vitro fertilization and related treatment and support services.
The transaction resulted in NewGenIvf Group Limited becoming the combined public company.
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