G&P Acquisition Corp.
GAPAU
Other OTC9.00
USD
- -
- -
Return %
Stock
S&P500
1Y
- -
26.53
3Y
- -
76.60
5Y
- -
80.11
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Brendan T. O'Donnell
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 222 Bellevue Avenue Newport RI United States of America 02840
- IPO Date
- Mar 11, 2021
- Website
- gapacq.com
- Similar Companies
- Business
- G&P Acquisition Corp. (GAPAU) is a blank check company incorporated in 2020 and headquartered in Newport, Rhode Island; the company has no significant current operations and exists for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, primarily targeting opportunities in the leisure, craft brewing and distilling, automotive, distribution, food and beverage, consumer goods and hospitality sectors. Its sponsor, G&P Sponsor LLC, is affiliated with Bellevue Capital Partners, providing operational expertise across diverse industries; the company completed an initial public offering in March 2021 raising $175 million, with units comprising one Class A share and one-half redeemable warrant exercisable at $11.50 per share. In November 2022, G&P Acquisition Corp. liquidated and redeemed shares at approximately $10.17 per share after failing to identify a suitable target amid challenging SPAC market conditions, high redemptions and regulatory changes, resulting in no merger completion during its 20-month tenor; its units continue trading over-the-counter as a defunct entity with no revenues or employees.