Question 1

What is GP-Act III Acquisition Corp. (GPAT)?

Accepted Answer

GP-Act III Acquisition Corp. is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0001834526. It completed its initial public offering in May 2024, raising $287.5M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker GPAT, units under GPATU, warrants under GPATW on Nasdaq. The vehicle is sponsored by GP-Act. The mandate targets generalist. Definitive business-combination agreement signed, closing pending.

Question 2

How much does GP-Act III Acquisition Corp. hold in trust?

Accepted Answer

Approximately $302,970,091, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

Question 3

When must GP-Act III Acquisition Corp. complete a merger?

Accepted Answer

By Nov 13, 2026. If no combination closes by then the sponsor must seek a further extension or wind the vehicle up and return the trust.

Question 4

What happens if GP-Act III Acquisition Corp. does not find a target in time?

Accepted Answer

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Question 5

Can I redeem shares in GP-Act III Acquisition Corp., and at what price?

Accepted Answer

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

Question 6

What tickers does GP-Act III Acquisition Corp. trade under?

Accepted Answer

Class A shares trade as GPAT on Nasdaq, the units as GPATU, and the warrants as GPATW. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Question 7

Is the trust value the same as the share price for GP-Act III Acquisition Corp.?

Accepted Answer

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

Question 8

How much dilution do GP-Act III Acquisition Corp.'s founder shares and warrants create?

Accepted Answer

Each unit also carried one-half of one warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Question 9

Who sponsors GP-Act III Acquisition Corp., and what is their track record?

Accepted Answer

GP-Act is the sponsor entity, part of the GP-Act franchise. This is the only vehicle we have attributed to that sponsor. Named principals: Antonio Bonchristiano.

Question 10

Which banks underwrote the GP-Act III Acquisition Corp. IPO?

Accepted Answer

Cantor Fitzgerald. Cantor Fitzgerald was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Question 11

Is GP-Act III Acquisition Corp. tradeable, and where?

Accepted Answer

Yes. GPAT returned a live quote of $10.99 on Nasdaq. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.

Question 12

Is GP-Act III Acquisition Corp. a good investment?

Accepted Answer

That is not a question this site answers. GP-Act III Acquisition Corp. is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Question 13

Where does this GP-Act III Acquisition Corp. data come from?

Accepted Answer

Filings GP-Act III Acquisition Corp. submitted to the SEC under CIK 0001834526: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

GP-Act III Acquisition Corp.GPAT

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Overview

Reading the filings

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SEC filing history

GP-Act III Acquisition Corp.: questions answered