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.
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