Company: GPAC
Filing Date: 2025-10-14
Form Type: S-1
Source: 0001140361-25-038051
Chunk: 100

Company: General Purpose Acquisition Corp.
Filing Date: 2025-10-14
Form: S-1
Chunk 100
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 procedures and tighter import and export controls could increase costs and disrupt business; |

| ■ | damage to vessels; |

| ■ | failure to comply with the U.S. Foreign Corrupt Practices Act and other anti-corruption laws which could result in fines, criminal penalties, charter terminations and an adverse effect on a target business; |

| ■ | arrests of vessels by maritime claimants which could cause a significant loss of earnings for the related off-hire period; |

| ■ | labor interruptions; |

| ■ | smuggling of drugs or other contraband onto vessels which could lead to governmental claims; |

| ■ | governments could requisition vessels during a period of war or emergency, resulting in loss of earnings; |

| ■ | fuel or bunker prices and marine fuel availability could adversely affect profitability; |

| ■ | operating results may be subject to seasonal fluctuations; and |

| ■ | a target business with assets operating worldwide within the crude oil and oil products shipping sector, which is volatile and unpredictable, could experience risks including, but not limited to, a global and local market presence impacting widespread operations, and being exposed to regulatory, statutory, operational, technical, counterparty, environmental, and political risks, developments and regulations that may impact and/or disrupt our business. |

In addition, a business combination with a company in the digital infrastructure sector would entail special considerations and risks that we may be subject to, and possibly adversely affected by, including but not limited to:

| ■ | an inability to compete effectively in a highly competitive environment with many incumbents having substantially greater resources; |

| ■ | an inability to manage rapid change, increasing customer expectations and growth; |

| ■ | a reliance on proprietary technology to provide services and to manage our operations, and the failure of this technology to operate effectively, or our failure to use such technology effectively; |

| ■ | an inability to deal with our customers’ privacy concerns; |

| ■ | an inability to attract and retain customers; |

| ■ | an inability to license or enforce intellectual property rights on which our business may depend; |

| ■ | any significant disruption in our computer systems or those of third parties that we would utilize in our operations; |

| ■ | potential liability for negligence, copyright, or trademark infringement or other claims based on the nature and content of materials that we may distribute; |

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| ■ | disruption or failure of our networks, systems or technology as a result of computer viruses, “cyber-attacks,” misappropriation of data or