Company: GPAC
Filing Date: 2025-10-14
Form Type: S-1
Source: 0001140361-25-038051
Chunk: 253

Company: General Purpose Acquisition Corp.
Filing Date: 2025-10-14
Form: S-1
Chunk 253
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 shares as of the date of this prospectus, and as adjusted to reflect the sale of our Class A ordinary shares included in the units offered by this prospectus, and assuming no purchase of units in this offering, by:

| ■ | each person known by us to be the beneficial owner of more than 5% of our issued and outstanding ordinary shares; |

| ■ | each of our executive officers, directors and director nominees that beneficially owns ordinary shares; and |

| ■ | all our executive officers and directors as a group. |

Unless otherwise indicated, we believe that all persons named in the table have sole voting and investment power with respect to all of our ordinary shares beneficially owned by them. The following table does not reflect record or beneficial ownership of the private placement warrants as these warrants are not exercisable within 60 days of the date of this prospectus. On August 11, 2025, General Purpose Acquisition Corp Services LLC, our sponsor, paid $25,000 to cover for certain expenses on our behalf in exchange for the issuance of 5,750,000 founder shares (of which, 750,000 are subject to forfeiture if the underwriters do not exercise their over-allotment option), or approximately $0.004 per share. In addition, our sponsor and the underwriters have committed, pursuant to a written agreement, to purchase an aggregate of 400,000 private placement units and 200,000 private placement units, respectively, in each case, for a purchase price of $10.00 per share in a private placement that will occur simultaneously with the closing of this offering (assuming the underwriters do not exercise their over-allotment option). Prior to the initial investment in the company of $25,000, the company had no assets, tangible or intangible. The per share price of the founder shares was determined by dividing the amount so paid by the number of founder shares issued in consideration therefor. The number of shares beneficially owned and post-offering percentages in the following table assume that the underwriters do not exercise their over-allotment option and that there are 25,600,000 ordinary shares, consisting of (i) 20,000,000 Class A ordinary shares included in the public units sold in this offering, (ii) 5,000,000 Class B ordinary shares, and (iii) 600,000 private placement shares underlying the private placement units purchased by our sponsor and the underwriters in a private placement simultaneously with the closing of this offering