EFTA01366407.pdf

STATEMENT OF CASH FLOWS For the Period from May 19, 2015 (inception) to June 5, 2015 Net Loss Cash flows from financing activities: Proceeds from sale of common stock to Sponsor 25,000 Net cash provided by financing activities 25,000 Increase in cash 25,000 Cash at beginning of period Cash at end of period 251K Supplemental disclosure of non-cash financing activities: Deferred offering costs included in accrued formation and offering costs 1,0(10 .Scc accompanying notes to financial statements. F-6 GLOBAL PARTNER ACQUISITION CORP. Notes to Financial Statements NOTE 1—DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS Organization andGeneral: Global Partner Acquisition Corp. (the "Company") was incorporated in Delaware on May 19. 2015. The Company was 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 (the "Business Combination"). The Company is an "emerging growth company," as defined in Section 2(a) of the Securities Act of 1933, as amended, or the "Smithies Act," as modified by the Jumpstart Our Business Startups Act of 2012 (the "JOBS Act"). At June 5, 2015, the Company had not commenced any operations. All activity for the period from May 19, 2015 (inception) through June 5. 2015 relates to the Company's formation and the proposed initial public offering ("Proposed Offering") described below. The Company will not generate any operating revenues until after completion of its initial business combination, at the earliest. The Company will generate non-operating income in the form of interest income on cash from the proceeds derived from the Proposed Offering. The Company has selected December 31" as its year end. All dollar amounts are rounded to the nearest thousand dollars. Sponsor and ProposedFinancing: The Company's sponsor is Global Partner Sponsor I LLC, a Delaware limited liability corporation (the "Sponsor"). The Company intends to finance a Business Combination with proceeds from a $135,000,000 public offering (the "Proposed Offering"—Note 3) and a 55,800.000 private placement (Note 4). Upon the closing of the Proposed Offering and the private placement. SI35O00.000 (or 5155250000 if the underwriter's over-allotment option is exercised in full—Note 3) will be held in the Trust Account (discussed below). The Trust Account: The Trust Account will be invested only in U.S. government treasury bills with a maturity of one hundred and eighty (180) days or less or in money market funds meeting certain conditions under Rule 2a-7 under the Investment Company Act of 1940 which invest only in direct U.S. government obligations. Funds will remain in the Trust Account until the earlier of (i) the consummation of its first Business Combination or (ii) the distribution of the Trust Account as described below. The remaining proceeds outside the Trust Account may be used to pay for business, legal and accounting due diligence on prospective acquisitions and continuing general and administrative expenses. The Company's amended and restated certificate of incorporation will provide that, other than the withdrawal of interest to pay taxes, if any. none of the funds held in trust will be released until the earlier of: (i) the completion of the Business Combination; or (ii) the redemption of 100% of the shares of common stock included in the Units being sold in the Proposed Offering if the Company is unable to complete a Business Combination within 24 months from the closing of the Proposed Offering (subject to the requirements of law). http:ftwuw.sce.gov/Archivesfedgar/datatl643953AX1012139001500542541201582_globalperiner.h8nr/27/2015 8:51:37 AM] CONFIDENTIAL - PURSUANT TO FED. R. CRIM. P. 6(e) DB-SDNY-0057933 CONFIDENTIAL SONY GM_00204117 EFTA01366407