Company: GPAC
Filing Date: 2025-09-10
Form Type: DRS
Source: 0001140361-25-034565
Chunk: 177

Company: General Purpose Acquisition Corp.
Filing Date: 2025-09-10
Form: DRS
Chunk 177
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| ■ | may have the effect of delaying or preventing a change of control of the post-business combination company by diluting the share ownership or voting rights of a person seeking to obtain control of the post-business combination company; |

| ■ | may adversely affect prevailing market prices for our units, Class A ordinary shares and/or warrants; and |

| ■ | may not result in adjustment to the exercise price of our warrants. |

Similarly, if we issue debt securities or otherwise incur significant debt to banks or other lenders or the owners of a target, it could result in:

| ■ | default and foreclosure on the assets of the post-business combination company if its operating revenues are insufficient to repay its debt obligations; |

| ■ | acceleration of the post-business combination company’s obligations to repay such indebtedness, even if it makes all principal and interest payments when due, if it breaches certain covenants that require the maintenance of certain financial ratios or reserves without a waiver or renegotiation of that covenant; |

| ■ | the post-business combination company’s immediate payment of all principal and accrued interest, if any, if the debt security is payable on demand; |

| ■ | post-business combination company’s inability to obtain necessary additional financing if the debt security contains covenants restricting its ability to obtain such financing while the debt security is outstanding; |

| ■ | using a substantial portion of the post-business combination company’s cash flow to pay principal and interest on its debt, which will reduce the funds available for expenses, capital expenditures, acquisitions and other general corporate purposes; |

| ■ | limitations on the post-business combination company’s flexibility in planning for and reacting to changes in its business and in the industry in which it operates; |

| ■ | increased vulnerability to adverse changes in general economic, industry and competitive conditions and adverse changes in government regulation; and |

| ■ | limitations on the post-business combination company’s ability to borrow additional amounts for expenses, capital expenditures, acquisitions, debt service requirements, execution of its strategy and other purposes and other disadvantages compared to its competitors who have less debt. |

108

#### TABLE OF CONTENTS
As indicated in the accompanying financial statements, as of August 11, 2025 we had no cash and a working capital deficit of $46,910. Further, we expect to incur significant costs in the pursuit of our initial business combination. We cannot assure you that our plans to raise capital or to complete our initial business combination will be successful.

### Results of Operations and Known Trends or Future Events
We have neither engaged in