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flag GPAC priced its $200 million IPO at $10 per unit, with units trading on Nasdaq starting Dec. 3, 2025.

flag General Purpose Acquisition Corp. (GPAC) priced its $200 million IPO, selling 20 million units at $10 each on December 2, 2025. flag Each unit includes one Class A share and half a warrant exercisable at $11.50. flag Units began trading on Nasdaq as "GPACU" on December 3, with shares and warrants expected to trade separately under "GPAC" and "GPACW" after separation. flag The offering, led by Jefferies with Ladenburg Thalmann and Northland Capital Markets as co-managers, is set to close on December 4, subject to standard conditions. flag The SPAC, led by Peter Georgiopoulos, Leonard Vrondissis, and Stewart Crawford, aims to merge with or acquire one or more businesses. flag Underwriters have a 45-day option to buy up to 3 million additional units. flag The SEC approved the registration statement on December 2. flag Forward-looking statements caution that the IPO and business combination may not proceed as planned.

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