Company: GPAC
Filing Date: 2025-09-10
Form Type: DRS
Source: 0001140361-25-034565
Chunk: 19

Company: General Purpose Acquisition Corp.
Filing Date: 2025-09-10
Form: DRS
Chunk 19
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 relationships with sellers, capital providers and experienced target management teams; and |

| ■ | Building companies with resilient and flexible business models that have had success in navigating multiple periods of economic drawdowns. |

Following the completion of this offering, we will communicate with our management’s network of deal sourcing relationships to articulate the parameters for our search for a potential business combination and begin the process of pursuing and reviewing potential opportunities. Acquisition Criteria Consistent with our strategy, we have identified the following general criteria and guidelines which we believe are important in evaluating prospective target businesses. We will use these criteria and guidelines in evaluating acquisition opportunities, but we may decide to enter into our initial business combination with a target business that does not meet these criteria and guidelines. We intend to acquire one or more businesses that we believe:

| ■ | Will benefit from a public currency.Access to the public equity markets could allow the target company to utilize an additional form of capital, enhancing its ability to pursue accretive acquisitions, high-return capital projects, and/or strengthen its balance sheet; |

| ■ | Has a healthy growing platform.We will seek to invest in companies that we believe possess attractive business models that will provide a growing platform for equity investors; |

| ■ | Has a management team and/or a strong sponsor that desires a significant equity stake in the post-business combination company. We will seek to partner with a management team and/or seller who is well-incentivized and aligned in an effort to create shareholder value; |

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| ■ | Can be acquired at an attractive valuation for public market investors.We will seek to be a disciplined steward of capital that will invest on terms that we believe provide attractive risk-adjusted returns. We intend to focus on target companies with an approximate enterprise of $600 million to 1.8 billion; |

| ■ | Will be resilient to economic cycles.We will focus on recession-resilient business models; and |

| ■ | Are commercial stage assets that have an attractive cash flow profile and/or unit economics. We will seek to target businesses with attractive financial attributes. |

These criteria are not intended to be exhaustive. We may use other criteria as well. Any evaluation relating to the merits of a particular initial business combination may be based, to the extent relevant, on these general guidelines as well as other considerations, factors and criteria that our management may deem relevant. In the event that we decide to enter into our initial business combination with a target business that does not meet the above criteria and guidelines, we will disclose that the target business does