$GPATU

GP-Act III Acquisition Corp.

CIK:0001834526|SEC Filings

Condensed Statements of Operations (Unaudited) - USD ($)	3 Months Ended		6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025	Jun. 30, 2026	Jun. 30, 2025
General and administrative expenses	$ 1,467,902	$ 141,334	$ 2,033,181	$ 341,386
Loss from operations	(1,467,902)	(141,334)	(2,033,181)	(341,386)
Other income:
Interest earned on marketable securities held in Trust Account	1,758,023	3,126,072	4,476,680	6,233,453
Total other income	1,758,023	3,126,072	4,476,680	6,233,453
Net income	$ 290,121	$ 2,984,738	$ 2,443,499	$ 5,892,067
Class A Ordinary Shares
Other income:
Basic weighted average shares outstanding (in Shares)	22,840,249	28,750,000	25,778,799	28,750,000
Diluted weighted average shares outstanding (in Shares)	22,840,249	28,750,000	25,778,799	28,750,000
Basic net income per share (in Dollars per share)	$ 0.01	$ 0.08	$ 0.08	$ 0.16
Diluted net income per share (in Dollars per share)	$ 0.01	$ 0.08	$ 0.08	$ 0.16
Class B Ordinary Shares
Other income:
Basic weighted average shares outstanding (in Shares)	2,448,489	7,187,500	4,804,903	7,187,500
Diluted weighted average shares outstanding (in Shares)	2,448,489	7,187,500	4,804,903	7,187,500
Basic net income per share (in Dollars per share)	$ 0.01	$ 0.08	$ 0.08	$ 0.16
Diluted net income per share (in Dollars per share)	$ 0.01	$ 0.08	$ 0.08	$ 0.16

Condensed Statements of Cash Flows (Unaudited) - USD ($)	6 Months Ended
	Jun. 30, 2026	Jun. 30, 2025
Cash Flows from Operating Activities:
Net income	$ 2,443,499	$ 5,892,067
Adjustments to reconcile net income to net cash used in operating activities:
Interest earned on marketable securities held in Trust Account	(4,476,680)	(6,233,453)
Non-redemption agreements expense	217,807
Changes in operating assets and liabilities:
Prepaid expenses and other assets	(33,528)	(15,693)
Long-term prepaid insurance		61,667
Accrued expenses	1,551,828	13,216
Net cash used in operating activities	(297,074)	(282,196)
Cash Flows from Investing Activities:
Cash withdrawn from Trust Account in connection with redemption	215,421,832
Net cash provided by investing activities	215,421,832
Cash Flows from Financing Activities:
Proceeds from promissory note - related party	195,000
Redemption of ordinary shares	(215,421,832)
Advances from related party		44,938
Net cash (used in) provided by financing activities	(215,226,832)	44,938
Net Change in Cash	(102,074)	(237,258)
Cash – beginning of the period	112,660	483,572
Cash – end of the period	$ 10,586	$ 246,314

Condensed Balance Sheets - USD ($)	Jun. 30, 2026	Dec. 31, 2025
Current assets
Cash	$ 10,586	$ 112,660
Due from Sponsor	5,254	5,254
Prepaid expenses	103,725	70,197
Total Current Assets	119,565	188,111
Marketable securities held in Trust Account	98,235,059	309,180,211
Total Assets	98,354,624	309,368,322
Current liabilities
Accrued expenses	1,785,127	233,299
Total Current Liabilities	2,381,440	634,612
Deferred legal fee	350,000	350,000
Deferred underwriting fee payable	13,687,500	13,687,500
Total Liabilities	16,418,940	14,672,112
Commitments and Contingencies (Note 6)
Class A ordinary shares subject to possible redemption, 8,973,728 and 28,750,000 shares at redemption value of $10.95 and $10.75 per share as of June 30, 2026 and December 31, 2025, respectively	98,235,059	309,180,211
Shareholders’ Deficit
Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding as of June 30, 2026 and December 31, 2025
Additional paid-in capital
Accumulated deficit	(16,300,094)	(14,484,720)
Total Shareholders’ Deficit	(16,299,375)	(14,484,001)
Total Liabilities, Class A ordinary shares subject to Possible Redemption, and Shareholders’ Deficit	98,354,624	309,368,322
Class A Ordinary Shares
Shareholders’ Deficit
Class ordinary shares ,value	719
Class B Ordinary Shares
Shareholders’ Deficit
Class ordinary shares ,value		719
Related Party
Current liabilities
Advance from related party	1,313	1,313
Promissory note – related parties	$ 595,000	$ 400,000