Here are the 10-K annual reports from General Purpose Acquisition Corp. (GPAC) in our archive since June 2025, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-K covers the audited annual report, with the full financial statements, so if you follow GPAC and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GPAC filings page.
General Purpose Acquisition Corp. files its annual report as a newly formed Cayman Islands SPAC focused on maritime, logistics and digital infrastructure deals. The company had 23,660,000 Class A and 5,750,000 Class B ordinary shares outstanding as of March 27, 2026.
It holds $221,440,427 in a trust account as of December 31, 2025 to fund an initial business combination, which must be completed within 24 months of the IPO, with potential extensions up to 36 months. Management highlights extensive shipping, finance and SPAC experience, but emphasizes that past performance is not predictive.
The filing details sponsor economics, including founder shares purchased for $25,000 and 430,000 private placement units, monthly fees, potential working capital loans convertible into units, and multi‑year lockups and transfer restrictions. It also discloses significant potential conflicts of interest, warrant structure risks, and the possibility of dilution from additional equity or debt used to complete a transaction.