Company: GPAC
Filing Date: 2025-12-03
Form Type: 424B4
Source: 0001140361-25-044114
Chunk: 360

Company: General Purpose Acquisition Corp.
Filing Date: 2025-12-03
Form: 424B4
Chunk 360
---
 OF CONTENTS

#### GENERAL PURPOSE ACQUISITION CORP.

### NOTES TO FINANCIAL STATEMENTS

#### SEPTEMBER 30, 2025

### Note 1 — Organization and Business Operations
General Purpose Acquisition Corp. (the “Company”) was incorporated as a Cayman Islands exempted company on July 25, 2025. The Company was incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or entities (the “Business Combination”). The Company has not selected any specific Business Combination target and the Company has not, nor has anyone on its behalf, engaged in any substantive discussions, directly or indirectly, with any Business Combination target with respect to an initial Business Combination with the Company.

As of August 11, 2025, the Company had not yet commenced operations. All activity for the period from July 25, 2025 (inception) through September 30, 2025 relates to the Company’s formation and the proposed initial public offering (“Proposed Public Offering”), which is described below. The Company will not generate any operating revenues until after the completion of its initial Business Combination, at the earliest. The Company will generate non-operating income in the form of interest income on cash and cash equivalents from the proceeds derived from the Proposed Public Offering. The Company has selected December 31 as its fiscal year end.

The Company’s sponsor is General Purpose Acquisition Corp Services LLC (the “Sponsor”). The Company’s ability to commence operations is contingent upon obtaining adequate financial resources through a Proposed Public Offering of 20,000,000 units at $10.00 per unit (the “Public Units”) (or 23,000,000 Units if the underwriters’ over-allotment option is exercised in full), which is discussed in Note 3 (the “Proposed Public Offering”), and the sale of an aggregate of 600,000 Private Placement Units (the “Private Placement Units”) (or 660,000 Private Placement Units if the over-allotment option is exercised in full) to the Sponsor, at a price of $10.00 per unit, or $6,000,000 in the aggregate (or $6,600,000 if the over-allotment option is exercised in full), in a private placement that will close simultaneously with the Proposed Public Offering (Note 4). Each Public Unit consists of one Class A ordinary share (each, a “