Item 2.02. Results of Operations and Financial Condition.
On November 5, 2009, GLG Partners, Inc. (the "Company") released its earnings
for the third fiscal quarter of 2009 and is furnishing a copy of the earnings
release to the Securities and Exchange Commission as Exhibit 99.1 to this
Current Report on Form 8-K. In addition, the Company will discuss its financial
results during a webcast and teleconference call on November 5, 2009 at 8:30
a.m. (ET). The webcast and teleconference call may be accessed through the
Company's website at www.glgpartners.com.
Attached as Exhibit 99.2 to this Current Report on Form 8-K and incorporated
herein by reference is the investor presentation to be used by the Company in
conjunction with the Company's webcast and teleconference call. The information
contained in Exhibits 99.1 and 99.2 shall not be deemed "filed" for purposes of
Section 18 of the Securities Exchange Act of 1934, as amended (the "Exchange
Act"), or incorporated by reference in any filing under the Securities Act of
1933, as amended, or the Exchange Act, except as shall be expressly set forth by
specific reference in such filing.
The Company presents certain financial measures, such as non-GAAP adjusted
net income, non-GAAP compensation, benefits and profit share (CBP), non-GAAP
weighted average fully diluted shares, and adjusted non-GAAP adjusted net
income, that are not prepared in accordance with U.S. generally accepted
accounting principles, or GAAP, in addition to financial results prepared in
accordance with GAAP. See the discussion in the earnings release under "Non-GAAP
Financial Measures". The Company's management uses these non-GAAP financial
measures in its evaluation of the Company's core results of operations and
trends between fiscal periods and believes these measures are an important
component of its internal performance measurement process. The Company's
management also prepares forecasts for future periods on a basis consistent with
these non-GAAP financial measures. The non-GAAP financial measures the Company
presents may be different from non-GAAP financial measures used by other
companies.
Non-GAAP adjusted net income has certain limitations in that it may
overcompensate for certain costs and expenditures related to the Company's
business.
Item 9.01. Financial Statements and Exhibits.
(d) Exhibits.
99.1 Press Release of the Company dated November 5, 2009.
99.2 Investor Presentation dated November 5, 2009.