GP-Act III Acquisition Corp.

# GP-Act III Acquisition Corp.

GP-Act III Acquisition Corp. is a blank-check company incorporated in the Cayman Islands and headquartered in New York. The company was formed to identify and execute a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more operating businesses. Originally incorporated in 2020 as GP Investments Acquisition Corp. II, the company adopted its current name in November 2020.

As a special purpose acquisition company (SPAC), GP-Act III does not operate traditional business segments or generate revenue from ongoing operations. Instead, its primary purpose is to raise capital through public equity offerings and deploy those funds to acquire or merge with an established operating company, thereby taking that business public. The company holds cash and marketable securities pending the completion of a business combination transaction.

The company currently operates with a minimal organizational structure typical of SPACs in their pre-combination phase, with a small management team and limited employee base focused on identifying potential acquisition targets and executing transaction activities. Geographic reach is effectively determined by the scope of potential acquisition targets, which may span multiple regions and industries depending on the strategic priorities established by the company's sponsors.