Company: GPAC
Filing Date: 2025-11-18
Form Type: S-1/A
Source: 0001140361-25-042608
Chunk: 247

Company: General Purpose Acquisition Corp.
Filing Date: 2025-11-18
Form: S-1/A
Chunk 247
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 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 material issues regarding our financial statements or accounting policies; |

| ■ | monitoring compliance on a quarterly basis with the terms of this offering and, if any noncompliance is identified, immediately taking all action necessary to rectify such noncompliance or otherwise causing compliance with the terms of this offering; and |

| ■ | reviewing and approving all payments made to our existing shareholders, officers or directors and their respective affiliates. Any payments made to members of our audit committee will be reviewed and approved by our board of directors, with the interested director or directors abstaining from such review and approval. |

Nominating Committee We will establish a nominating committee of our board of directors. The members of our nominating committee will be Chele Farley, Warren Hosseinion and Alexandros Argyros. Chele Farley will serve as chair of the nominating committee. Our board of directors has determined that each of Chele Farley, Warren Hosseinion and Alexandros Argyros is independent.

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The nominating committee will be responsible for overseeing the selection of persons to be nominated to serve on our board of directors. The nominating committee will consider persons identified by its members, management, shareholders, investment bankers and others. Guidelines for Selecting Director Nominees The guidelines for selecting nominees, which will be specified in a charter adopted by us, generally provide