GP-Act III Acquisition Corp.
GPATU
NASDAQ10.98
USD
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GP-Act III Acquisition Corp.
GPATU
(NASDAQ)
Recent
price
10.98
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- GP-Act III Acquisition Corp. (GPATU) is a blank check company focused on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses, primarily targeting US-based or US-focused companies across various sectors with exceptional brands, differentiated value propositions, and dominant market positions. The company offers units comprising one Class A ordinary share and one-half of one redeemable warrant, enabling investors to participate in its search for and pursuit of a high-quality target with billion-dollar-plus potential through a flexible SPAC structure. It leverages the management team's extensive M&A track record, including two prior successfully de-SPAC'd vehicles, and a global network of entrepreneurs, executives, and investors. Founded in 2020 and headquartered at 300 Park Avenue, 2nd Floor, New York, New York, the company completed its initial public offering of 28.75 million units in May 2024, raising $287.5 million, following a name change from GP Investments Acquisition Corp. II in November 2020. GP-Act III operates in the financial services sector within the shell companies industry, with no current operational subsidiaries or parent relationships, and maintains a focus on public-company-ready businesses supported by its experienced leadership, including CEO Antonio Carlos Augusto Bonchristiano and Co-Chairmen Fersen Lambranho and Steven L. Spinner. In recent developments, the company filed its 10-Q for the period ended June 30, 2025, reflecting ongoing operations as a SPAC without a completed business combination, while institutional investor AQR Capital Management acquired a 6.39% stake of 1,838,146 shares as of September 30, 2024, signaling market interest in its strategy. No major mergers, acquisitions, partnerships, or new product launches have been announced within the last 1-2 years, consistent with its pre-de-SPAC phase targeting flexible capital market entry for suitable businesses.