secwatch.observer — SEC 8-K summary
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Issuer:     General Purpose Acquisition Corp. (GPAC)
CIK:        0002085408
Form:       8-K
Filed at:   2025-12-04T23:59:59+00:00
Accession:  0001140361-25-044361
Event type: other_material
Sentiment:  neutral
Materiality: 0.75
Item codes: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/2085408/000114036125044361/0001140361-25-044361-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/2085408/000114036125044361/ny20054778x8_8k.htm
  HTML page:      https://secwatch.observer/filing/0001140361-25-044361

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