Epstein Secrets

ss any defernx1 underwriting commissions and taxes payable on interest earned) at the time of our signing a definitive agreement in connection F-7 GLOBAL PARTNER ACQUISITION CORP. Notes to Financial Statements NOTE I—DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS - (continued) with the Company's initial Business Combina

Business Combination: The Company's management has broad discretion with respect to the specific application of the net proceeds of the Proposed Offering, although substantially all of the net proceeds of the Proposed Offering arc intended to be generally applied toward consummating a Business Combina

costs included in accrued formation and offering costs .Scc accompanying notes to financial statements. F-6 25,000 25,000 25,000 251 K 1,0(10 GLOBAL PARTNER ACQUISITION CORP. Notes to Financial Statements NOTE 1—DESCRIPTION OF ORGANIZATION AND BUSINESS OPERATIONS Organization and General: Global Partner Acquisition Cor

s 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 Proposed Financ

therein. The Company has incorporated the methodologies prescribed by ASU 2014-10 as reflected in the financial statements contained herein. P-I0 GLOBAL PARTNER ACQUISITION CORP. Notes to Financial Statements NOTE 2-SUMMARY OF SIGNIFICANT ACCOUNTING POLICIES - (continued) In August 2014. the FASB issued ASU 2014-15. Present

hese costs, together with the underatiter discount, will be charged to capital upon completion of the Proposed Offering or charged to operations if the Proposed Offering is not completed. Income Tares: The Company follows the asset and liability method of accounting for income taxes under FASB ASC, 740, "Income Tax

s. If the Private Placement Warrants are held by someone other than the Sponsor or its permitted transferees, the Private Placement Warrants F-12 GLOBAL PARTNER ACQUISITION CORP. Notes to Financial Statements NOTE 4—RELATED PARTY TRANSACTIONS - (continued) will be redeemable by the Company and exercisable by such holders on

f $5,800,000 or $6,407,500 if the over-allotment option is exercised), in a private placement that will occur simultaneously with the completion of the Proposed Offering (the "Private Placement Warrants"). Each Private Placement Warrant entitles the holder to purchase one-half of one share of common stock at $5.75 pe