Company: GPAC
Filing Date: 2025-12-03
Form Type: 424B4
Source: 0001140361-25-044114
Chunk: 249

Company: General Purpose Acquisition Corp.
Filing Date: 2025-12-03
Form: 424B4
Chunk 249
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Committees of the Board of Directors Our board of directors will have three standing committees: an audit committee, a nominating committee and a compensation committee. Subject to phase-in rules and a limited exception, the rules of Nasdaq and Rule 10A-3 of the Exchange Act require that the audit committee of a listed company be comprised solely of independent directors. Subject to phase-in rules and a limited exception, the rules of Nasdaq require that the compensation committee of a listed company be comprised solely of independent directors. Each committee operates under a charter that will be approved by our board and will have the composition and responsibilities described below. The charter of each committee will be available on our website. Audit Committee We established an audit committee of the board of directors. Alexandros Argyros, Chele Farley and Jonathan Intrater will serve as members of our audit committee. Our board of directors has determined that each of Alexandros Argyros, Chele Farley and Jonathan Intrater is independent. Jonathan Intrater serves as the chairman of the audit committee. Each member of the audit committee meets the financial literacy requirements of Nasdaq and our board of directors has determined that Jonathan Intrater qualifies as “audit committee financial expert” as defined in applicable SEC rules and has accounting or related financial management expertise. The audit committee is responsible for:

| ⯀ | meeting with our independent registered public accounting firm regarding, among other issues, audits, and adequacy of our accounting and control systems; |

| ⯀ | monitoring the independence of the independent registered public accounting firm; |

| ⯀ | verifying the rotation of the lead (or coordinating) audit partner having primary responsibility for the audit and the audit partner responsible for reviewing the audit as required by law; |

| ⯀ | inquiring and discussing with management our compliance with applicable laws and regulations; |

| ⯀ | pre-approving all audit services and permitted non-audit services to be performed by our independent registered public accounting firm, including the fees and terms of the services to be performed; |

| ⯀ | appointing or replacing the independent registered public accounting firm; |

| ⯀ | determining the compensation and oversight of the work of the independent registered public accounting firm (including resolution of disagreements between management and the independent auditor regarding financial reporting) for the purpose of preparing or issuing an audit report or related work; |

| ⯀ | establishing procedures for the receipt, retention and treatment of complaints received by us regarding accounting, internal accounting controls or reports which raise