Company: GPAC
Filing Date: 2025-11-18
Form Type: S-1/A
Source: 0001140361-25-042608
Chunk: 352

Company: General Purpose Acquisition Corp.
Filing Date: 2025-11-18
Form: S-1/A
Chunk 352
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audited) and for the period from July 25, 2025 (inception) through August 11, 2025 (Audited) |     | F-5  |
| Statements of Cash Flows for the period from July 25, 2025 (inception) through September 30, 2025 (Unaudited) for the period from July 25, 2025 (inception) through August 11, 2025 (Audited)                                    |     | F-6  |
| Notes to Financial Statements                                                                                                                                                                                                    |     | F-7  |

F-1

TABLE OF CONTENTS REPORT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM To the Shareholder and the Board of Directors of General Purpose Acquisition Corp. Opinion on the Financial Statements We have audited the accompanying balance sheet of General Purpose Acquisition Corp. (the “Company”) as of August 11, 2025, and the related statements of operations, changes in shareholder’s equity and cash flows for the period from July 25, 2025 (inception) through August 11, 2025, and the related notes (collectively referred to as the “financial statements”). In our opinion, the financial statements present fairly, in all material respects, the financial position of the Company as of August 11, 2025, and the results of its operations and its cash flows for the period from July 25, 2025 (inception) through August 11, 2025, in conformity with accounting principles generally accepted in the United States of America. Basis for Opinion These financial statements are the responsibility of the Company’s management. Our responsibility is to express an opinion on the Company’s financial statements based on our audit. We are a public accounting firm registered with the Public Company Accounting Oversight Board (United States) (the “PCAOB”) and are required to be independent with respect to the Company in accordance with the U.S. federal securities laws and the applicable rules and regulations of the Securities and Exchange Commission and the PCAOB. We conducted our audit in accordance with the standards of the PCAOB. Those standards require that we plan and perform the audit to obtain reasonable assurance about whether the financial statements are free of material misstatement, whether due to error or fraud. The Company is not required to have, nor were we engaged to perform, an audit of its internal control over financial reporting. As part of our audit, we are required to obtain an understanding of internal control over financial