secwatch.observer — SEC 8-K summary
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Issuer:     GP-Act III Acquisition Corp. (GPAT)
CIK:        0001834526
Form:       8-K
Filed at:   2026-05-05T23:59:59+00:00
Accession:  0001213900-26-051802
Event type: other_material
Sentiment:  neutral
Materiality: 0.20
Item codes: 8.01
LLM model:  deepseek-v4-flash:cloud@v2

GP-Act III Acquisition eliminates dual-class structure; all 7.2M Founder Shares converted to Class A
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- Sponsor HoldCo and three independent directors converted all 7,187,500 Class B shares into Class A shares on a one-for-one basis.
- After conversion, approximately 35,937,500 Class A shares outstanding; zero Class B shares remain.
- Conversion does not change shareholder voting power or vote counting at any meeting.
- Letter Agreement terms on voting, transfer restrictions, and trust waiver continue to apply to converted shares.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1834526/000121390026051802/0001213900-26-051802-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1834526/000121390026051802/ea0288746-8k_gpact3.htm
  HTML page:      https://secwatch.observer/filing/0001213900-26-051802

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