General Purpose Acquisition Corp. (Ticker: GPACU US) is a Cayman Islands-incorporated blank check company specializing in the maritime and digital infrastructure sectors. The company intends to focus its search for a business combination on targets involved in marine technology, logistics, vessel technical management, and data centers. General Purpose Acquisition Corp. plans to list on the Nasdaq Global Market on December 3, 2025, offering 20 million units at a price of $10.00 per unit. This offering raises $200 million in gross proceeds.
General Purpose Acquisition Corp. reportedly plans to use the IPO proceeds to effect a merger, share exchange, asset acquisition, or similar business combination with one or more entities. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant. The company is led by Chairman and CEO Peter Georgiopoulos. Jefferies is acting as the sole book-running manager for the offering, with underwriters reportedly granted a 45-day option to purchase up to an additional 3 million units to cover over-allotments.