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Item 5.02 | Departure of Directors or Certain Officers; Election of Directors; Appointment of Certain Officers; Compensatory Arrangements of Certain Officers. |
On May 15, 2023, Murray Grainger stepped down from his position as Chief Executive Officer and Chairman of the board of directors (the “Board”) of Juniper II Corp. (the “Company”). His departure was not the result of any disagreement with the Company on any matter relating to the Company’s operations, policies or practices. No material change is anticipated in regard to Mr. Grainger’s ongoing commitment to ensuring the Company’s success.
Effective May 15, 2023, Bill Fradin, currently an advisor of the Company, was appointed as Chief Executive Officer and Chairman of the Board of the Company. There is no arrangement or understanding between Mr. Fradin and any other person pursuant to which he was appointed the Chief Executive Officer or Chairman of the Board of the Company, and there are currently no transactions in which Mr. Fradin has an interest requiring disclosure under Item 404(a) of Regulation S-K. There are no family relationships between Mr. Fradin and any director or executive officer of the Company, except that Mr. Fradin is the brother-in-law of Noah Kindler, the Chief Financial Officer and Chief Technology Officer of the Company.
Mr. Fradin has over 15 years of experience as a finance and investment professional. He has served as an advisor to the Company since December 2020. Since November 2019, Mr. Fradin has served as Executive Vice President of Osprey Technology Acquisition Corp. (NYSE:SFTW), which has entered into a business combination agreement with BlackSky Holdings, Inc., a leading real-time geospatial intelligence, imagery, and data analytics company. In addition, Mr. Fradin is a Managing Partner and Founder at Seal Rock Partners, a family-backed private equity firm, and a Managing Director and Co-Founder at HEPCO Capital Management, LLC, a multi-SPAC sponsor. Prior to founding Seal Rock Partners, Mr. Fradin was an investment professional at JLL Partners. Mr. Fradin is the son of Roger Fradin, the Company’s former Chairman who currently serves as a special advisor to the Board.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
Dated: May 15, 2023
JUNIPER II CORP. | ||
By: | /s/ Noah Kindler | |
Name: | Noah Kindler | |
Title: | Chief Financial Officer and Chief Technology Officer |