General Purpose Acquisition Corp. announced the pricing of its initial public offering of 20,000,000 units at $10.00 per unit.
Each unit includes one Class A ordinary share and one-half of one redeemable warrant.
The units will be listed on The Nasdaq Global Market under the ticker symbol 'GPACU' starting December 3, 2025.
Offering Details
The offering consists of 20,000,000 units priced at $10.00 each, with one whole warrant exercisable at $11.50 per share.
Leadership
The Company is led by Peter Georgiopoulos (Chairman and CEO), Leonard Vrondissis (President and Director), and Stewart Crawford (CFO).
Underwriters
Jefferies is the sole book-running manager, with Ladenburg Thalmann and Northland Capital Markets as co-managers.
- General Purpose Acquisition Corp. is formed for the purpose of effecting a merger or similar business combination.
- The offering includes a provision for underwriters to purchase additional units to cover over-allotments.
The Company's successful pricing and upcoming listing on Nasdaq mark significant milestones for General Purpose Acquisition Corp.