Company: GPAC
Filing Date: 2025-12-10
Form Type: 8-K
Source: 0001140361-25-045151
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Company: General Purpose Acquisition Corp.
Filing Date: 2025-12-10
Form: 8-K
Item: Item 8.01
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Item 8.01.      Other Events.  

As previously reported, on December 4, 2025, General Purpose Acquisition Corp. (the “ Company”) consummated its
initial public offering (“ IPO”) of 23,000,000 units (the “ Units”), including the issuance of 3,000,000 Units as a result of the
underwriters’ full exercise of their over-allotment option. Each Unit consists of one Class A ordinary share of the Company, par value $0.0001 per share, and one-half of one redeemable warrant of the Company. The Units were sold at a price of $10.00
per Unit, generating gross proceeds to the Company of $230,000,000.

Also as previously reported, on December 4, 2025, simultaneously with the closing of the IPO, the Company completed the private sale (the “ Private Placement”) of an aggregate of 660,000 Units (the “ Private Placement Units”) to General Purpose Acquisition Corp Services LLC (the “ Sponsor”) and Jefferies LLC, as representative for the underwriters, at a purchase price of $10.00 per Private Placement Unit, generating gross proceeds to the Company of $6,600,000. Of those
660,000 Private Placement Units, the Sponsor purchased 430,000 Private Placement Units and Jefferies LLC, as representative for the underwriters, purchased 230,000 Private Placement Units.

A total of $230,000,000, comprised of $225,376,487 of the proceeds from the IPO (which amount includes $9,200,000 of the underwriters’ deferred discount) and $4,623,513
representing certain proceeds of the sale of the Private Placement Shares, was placed in a U. S.-based trust account at J. P. Morgan Chase Bank, N. A. maintained by Continental Stock Transfer & Trust Company, acting as trustee.

An audited balance sheet as of December 4, 2025 reflecting receipt of the proceeds upon consummation of the IPO and the Private Placement has been issued by the Company and
is included as Exhibit 99.1 to this Current Report on Form 8-K.