Company: GPAC
Filing Date: 2025-11-18
Form Type: S-1/A
Source: 0001140361-25-042608
Chunk: 15

Company: General Purpose Acquisition Corp.
Filing Date: 2025-11-18
Form: S-1/A
Chunk 15
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 is not a guarantee of either (i) success with respect to a business combination that may be consummated or (ii) the ability to successfully identify and execute a transaction. You should not rely on the historical record of management and their affiliates as indicative of future performance. See “Risk Factors—General Risk Factors— Past experience or performance by our management team or their affiliates may not be indicative of future performance of an investment in us.” For a list of our officers and directors and entities for which a conflict of interest may or does exist between such officers and directors, on the one hand, and us, on the other hand, please refer to “Management—Conflicts of Interest.” Certain of our founders, officers and directors presently have, and any of them in the future may have additional, fiduciary and contractual duties to other entities. As a result, if any of our founders, officers or directors becomes aware of a business combination opportunity which is suitable for an entity to which he, she or it has then-current fiduciary or contractual obligations, then, he, she or it may be required to honor such fiduciary or contractual obligations to present such business combination opportunity to such entity. However, we do not expect these duties to present a significant conflict of interest with our search for an initial business combination. We believe this conflict of interest will be naturally mitigated, to some extent, by the types of acquisitions we expect General Purpose Acquisition Corp. to find most attractive. In addition to the above, our officers and directors are not required to commit any specific amount of time to our affairs, and accordingly will have conflicts of interest in allocating management time among various business activities, including identifying potential business combinations and monitoring the related due diligence. 5 TABLE OF CONTENTS Market Opportunity While we may pursue an initial business combination in any industry, we intend to focus on combining with a leading business operating in one of seven broadly defined market areas: (i) marine technology, (ii) marine services, (iii) U.S.-focused marine businesses, (iv) marine distribution, (v) marine logistics, (vi) vessel technical managers, and (vii) data centers. The GPAC team has significant experience in maritime and technology investments and is thus advantageously positioned to execute on a transaction within them. Marine technology The marine technology sector encompasses a rapidly evolving ecosystem of companies that are driving digital transformation across the global maritime industry. This sector integrates advanced software platforms, data analytics, automation, and artificial intelligence to optimize vessel operations, enhance safety