---
schema_version: "secwatch.filing_event.v1"
accession: "0001140361-25-044361"
form_type: "8-K"
ticker: "GPAC"
cik: "0002085408"
company_name: "General Purpose Acquisition Corp."
filed_at: "2025-12-04T23:59:59+00:00"
generated_at: "2026-05-16T14:57:45.232554+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# SPAC General Purpose Acquisition Corp. completes $230M IPO with full over-allotment

## Summary
- Closed IPO of 23,000,000 units at $10.00 each, gross $230M, including full 3,000,000-unit over-allotment exercise.
- Private placement of 660,000 units at $10.00 each to sponsor (430,000) and underwriter (230,000) for $6.6M.
- Net proceeds of $225,376,487 deposited in trust account at J.P. Morgan Chase, held until business combination or redemption.
- Appointed four independent directors: Alexandros Argyros, Chele Farley, Jonathan Intrater, Warren Hosseinion.
- Units trade on Nasdaq under GPACU; Class A shares and warrants expected to list under GPAC and GPACW.

## SEC filing metadata
- accession: 0001140361-25-044361
- form_type: 8-K
- ticker: GPAC
- cik: 0002085408
- company_name: General Purpose Acquisition Corp.
- filed_at: 2025-12-04T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2085408/000114036125044361/0001140361-25-044361-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2085408/000114036125044361/ny20054778x8_8k.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001140361-25-044361
- JSON: https://secwatch.observer/filing/0001140361-25-044361.json
- Plain text: https://secwatch.observer/filing/0001140361-25-044361.txt

## Key facts
- Equity Issuances
  General Purpose Acquisition Corp. issued 660,000 units of unit to Sponsor and Jefferies LLC for $10.00 per unit (for an aggregate purchase price of $6,600,000).
  - Security: unit
  - Shares: 660,000 units
  - Purchaser: Sponsor and Jefferies LLC
  - Consideration: $10.00 per unit (for an aggregate purchase price of $6,600,000)
  source text: the Company completed the private sale of 660,000 units (the “Private Placement Units”) at the IPO price of $10.00 per unit (for an aggregate purchase price 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.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2085408/000114036125044361/0001140361-25-044361-index.htm
- Governance Changes
  General Purpose Acquisition Corp.: Adopted Amended and Restated Memorandum and Articles of Association in connection with IPO (effective 2025-12-02).
  - Change: charter amendment
  - Effective: 2025-12-02
  source text: On December 2, 2025, in connection with the IPO, the Company adopted its Amended and Restated Memorandum and Articles of Association (the “Amended Charter”), effective the same day.
  evidence_url: https://www.sec.gov/Archives/edgar/data/2085408/000114036125044361/0001140361-25-044361-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.