Business Context and Reporting Period
Company: GP-Act III Acquisition Corp. (GPAT), a Cayman Islands exempted company and emerging growth company.
Reporting Date: April 29, 2026.
Event: The Company convened an Extraordinary General Meeting to vote on extending its deadline to consummate a business combination and liquidate its trust account. The meeting was adjourned to May 6, 2026, to allow for further proxy solicitation.
Key Financial Metrics
This filing is a Current Report (Form 8-K) regarding corporate governance and does not contain audited financial statements, revenue, profit, or cash flow data.
- Outstanding Shares: 35,937,500 Class A ordinary shares (as of March 24, 2026 record date).
- Meeting Attendance: 81.67% of outstanding shares were represented in person or by proxy.
- Trust Account: The filing references an Investment Management Trust Agreement but does not disclose the current balance or interest earned.
Material Changes and Voting Results
The primary material event was the adjournment of the shareholder meeting. The only proposal voted upon was the Adjournment Proposal.
| Vote Category | Number of Votes |
|---|---|
| For | 21,313,393 |
| Against | 8,034,735 |
| Abstentions | 1,000 |
Outcome: The Adjournment Proposal was approved. The meeting is rescheduled for May 6, 2026.
Proposed Extensions (Pending Vote):
- Business Combination Deadline: Extension from May 13, 2026, to November 13, 2026.
- Trust Liquidation Date: Extension from May 13, 2026, to November 13, 2026.
Guidance, Outlook, and Unusual Items
Redemption Reversal: Shareholders who previously elected to redeem their shares are permitted to reverse their redemption requests. To do so, they must contact the transfer agent by 9:00 a.m. Eastern Time on May 6, 2026.
Forward-Looking Statements: The Company disclaims any obligation to update forward-looking statements regarding the timing of the adjourned meeting, the approval of extension proposals, or the amount of redemption requests. Actual results may differ materially due to market conditions and shareholder voting behavior.
Next Steps: Shareholders will vote on the Extension Amendment Proposal and Trust Amendment Proposal at the Adjourned Meeting on May 6, 2026.
Investor Verification Checklist
- Verify the final vote count for the Extension and Trust Amendment Proposals at the May 6, 2026 Adjourned Meeting.
- Confirm the total number of shares redeemed versus the number of redemption reversals submitted by the May 6 deadline.
- Review the Definitive Proxy Statement filed on March 30, 2026, for details on the proposed amendments and risk factors.
- Monitor the Company's ability to secure a business combination by the new November 13, 2026 deadline.