GPAT on Nasdaq
GP-Act III Acquisition Corp.
Blank check company in the Cayman Islands, incorporated in the Cayman Islands. Summary from the record
Price unavailable
Last updated Oct 19, 2026.
Overview
$11.9MNet income, fiscal 20252
- TickerGPAT on Nasdaq1
- IndustryBlank Checks1
- HeadquartersNew York, New York1
- Incorporated inCayman Islands3
- Business address300 Park Avenue, 2Nd Floor, New York, Ny 100223
- Filer categoryNon-accelerated filer, Smaller reporting company, Emerging growth company3
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Our co-sponsor, Boxcar Partners III, LLC (which we refer to as Boxcar sponsor throughout this Annual Report), is led by Mr. Steven Spinner.4 From its latest annual report
Financials
From the company’s reports to the SEC. Every number links to the filing it came from.
Financial statements
Every line of the income statement as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| General and administrative expenses | $551.9K | $565.0K |
| Loss from operations | -$551.9K | -$565.0K |
| Interest earned on marketable securities held in Trust Account | $12.4M | $9.2M |
| Total other income | $12.4M | $9.2M |
| Net income | $11.9M | $8.7M |
No quarter-by-quarter statement was filed.
Every line of the balance sheet as filed: the last 3 fiscal years (annual) or 3 quarters (quarterly), latest first.2
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $112.7K | $483.6K | |
| Due from Sponsor | $5.3K | ||
| Prepaid expenses | $70.2K | $191.8K | |
| Total Current Assets | $188.1K | $675.4K | |
| Long-term prepaid insurance | $61.7K | ||
| Marketable securities held in Trust Account | $309.2M | $296.7M | |
| Total Assets | $309.4M | $297.5M | |
| Accrued expenses | $233.3K | $231.6K | |
| Total Current Liabilities | $634.6K | $631.6K | |
| Deferred legal fee | $350.0K | $350.0K | |
| Deferred underwriting fee payable | $13.7M | $13.7M | |
| Total Liabilities | $14.7M | $14.7M | |
| Class A ordinary shares subject to possible redemption, 28,750,000 shares at redemption value of $10.75 and $10.32 per share as of December 31, 2025 and 2024, respectively | $309.2M | $296.7M | |
| Accumulated deficit | -$14.5M | -$13.9M | |
| Total Shareholders Deficit | -$14.5M | -$13.9M | -$97.9K |
| Total Liabilities, Class A ordinary shares subject to Possible Redemption, and Shareholders Deficit | $309.4M | $297.5M | |
| Preference shares, par value (in Dollars per share) | $0.00 | $0.00 | |
| Preference shares, shares authorized | 1.0M shares | 1.0M shares |
| Period ending | 2025-12-31 | 2024-12-31 | 2023-12-31 |
|---|---|---|---|
| Cash | $112.7K | $483.6K | |
| Due from Sponsor | $5.3K | ||
| Prepaid expenses | $70.2K | $191.8K | |
| Total Current Assets | $188.1K | $675.4K | |
| Long-term prepaid insurance | $61.7K | ||
| Marketable securities held in Trust Account | $309.2M | $296.7M | |
| Total Assets | $309.4M | $297.5M | |
| Accrued expenses | $233.3K | $231.6K | |
| Total Current Liabilities | $634.6K | $631.6K | |
| Deferred legal fee | $350.0K | $350.0K | |
| Deferred underwriting fee payable | $13.7M | $13.7M | |
| Total Liabilities | $14.7M | $14.7M | |
| Class A ordinary shares subject to possible redemption, 28,750,000 shares at redemption value of $10.75 and $10.32 per share as of December 31, 2025 and 2024, respectively | $309.2M | $296.7M | |
| Accumulated deficit | -$14.5M | -$13.9M | |
| Total Shareholders Deficit | -$14.5M | -$13.9M | -$97.9K |
| Total Liabilities, Class A ordinary shares subject to Possible Redemption, and Shareholders Deficit | $309.4M | $297.5M | |
| Preference shares, par value (in Dollars per share) | $0.00 | $0.00 | |
| Preference shares, shares authorized | 1.0M shares | 1.0M shares |
Cash flow is reported year to date, not quarter by quarter, so there are no separate quarterly figures.
Every line of the cash flow as filed: the last 2 fiscal years, latest first.2
| Period ending | 2025-12-31 | 2024-12-31 |
|---|---|---|
| Net income | $11.9M | $8.7M |
| Interest earned on marketable securities held in Trust Account | -$12.4M | -$9.2M |
| Prepaid expenses and other current assets | $121.6K | -$189.7K |
| Due from Sponsor | -$5.3K | |
| Long-term prepaid insurance | $61.7K | -$61.7K |
| Accrued expenses | $1.7K | $231.6K |
| Net cash used in operating activities | -$372.2K | -$584.7K |
| Investment of cash into Trust Account | -$287.5M | |
| Net cash used in investing activities | -$287.5M | |
| Proceeds from sale of Units, net of underwriting discounts paid | $282.5M | |
| Proceeds from sale of Private Placements Warrants | $7.0M | |
| Proceeds from promissory note - related party | $200.0K | |
| Advances from related party | $1.3K | |
| Repayment of promissory note - related party | -$428.2K | |
| Payment of offering costs | -$704.7K | |
| Net cash provided by financing activities | $1.3K | $288.6M |
| Net Change in Cash | -$370.9K | $482.4K |
| Deferred underwriting fee payable | $13.7M | |
| Deferred legal fees | $350.0K | |
| Deferred costs charged to APIC | $1.6M |
No quarter-by-quarter statement was filed.
Leadership
Who has led GP-Act III Acquisition Corp., and when. Pick a name to see everywhere that person has worked.
- Chief executive officerAntonio Bonchristiano May 8, 2024 to May 8, 202410
- Chief financial officerRodrigo Boscolo May 8, 2024 to May 8, 202411
Board members and other officers (6)
- Board memberAlexandre Ruberti May 8, 2024 to May 8, 202412
- Board memberAndrew Fleiss May 8, 2024 to May 8, 202413
- Board memberAntonio Bonchristiano May 8, 2024 to May 8, 202410
- Board memberFersen Lambranho May 8, 2024 to May 8, 202410
- Board memberSergio Pedreiro May 8, 2024 to May 8, 202414
- Board memberSteven Spinner May 8, 2024 to May 8, 202415
Timeline
- May 8, 2024New chief executive Antonio Bonchristiano becomes CEO10
Filings
75 filings to the SEC since October 2021: 2 annual reports, 8 quarterly reports, 9 major events, 6 insider forms, 27 large holders, 23 other. The latest 20:
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Aug 14, 202610-Q QUARTERLY REPORT EDGAR
- Aug 14, 2026SCHEDULE 13G/A EDGAR
- Jun 5, 2026SCHEDULE 13G/A EDGAR
- Jun 4, 2026SCHEDULE 13G EDGAR
- May 14, 202610-Q QUARTERLY REPORT EDGAR
- May 14, 2026425 CURRENT REPORT EDGAR
- May 14, 20268-K CURRENT REPORT EDGAR
- May 13, 20268-K CURRENT REPORT EDGAR
- May 7, 20268-K CURRENT REPORT EDGAR
- May 6, 2026DEFA14A DEFINITIVE ADDITIONAL MATERIALS EDGAR
- May 6, 20268-K CURRENT REPORT EDGAR
- May 5, 20268-K CURRENT REPORT EDGAR
- Apr 29, 2026DEFA14A DEFINITIVE ADDITIONAL MATERIALS EDGAR
- Apr 29, 20268-K CURRENT REPORT EDGAR
- Apr 27, 2026SCHEDULE 13G/A EDGAR
- Mar 30, 2026DEF 14A PROXY STATEMENT EDGAR
- Mar 26, 202610-K ANNUAL REPORT EDGAR
- Mar 19, 2026PRE 14A PROXY STATEMENT EDGAR
- Feb 12, 2026SCHEDULE 13G/A EDGAR
The 75 filings since October 2021 can be filtered by form type and year here when JavaScript is on.
Every filing from the last five years, summarized. The full record is on SEC EDGAR.
Major holders
Investors who own more than 5% of the shares must tell the SEC: a 13D if they may seek to influence the company, a 13G if they hold passively.
- AQR CAPITAL MANAGEMENT LLCSCHEDULE 13G/A, 2 filings Nov 14, 2024 to Aug 14, 202616
- First Trust Capital Management L.P.SCHEDULE 13G/A, 2 filings Nov 14, 2024 to Aug 14, 202617
- Karpus Management, Inc.SCHEDULE 13G/A, 4 filings Nov 13, 2024 to Jun 5, 202618
- Polar Asset Management Partners Inc.SCHEDULE 13G, 3 filings Nov 14, 2024 to Jun 4, 202619
- PICTON MAHONEY ASSET MANAGEMENTSCHEDULE 13G/A, 2 filings Oct 17, 2024 to Apr 27, 202620
- Bank of MontrealSCHEDULE 13G/A, 2 filings Nov 13, 2025 to Feb 12, 202621
- METEORA CAPITAL, LLCSCHEDULE 13G, 1 filing Aug 14, 202522
- MMCAP International Inc. SPCSCHEDULE 13G/A, 5 filings May 20, 2024 to Aug 12, 202523
- BarclaysSCHEDULE 13G/A, 2 filings Nov 13, 2024 to Mar 28, 202524
- GP-Act III Sponsor LLCSCHEDULE 13G, 1 filing Mar 7, 202525
- HGC Investment Management Inc.SCHEDULE 13G, 1 filing Feb 14, 202526
- Harraden Circle Investments, LLCSC 13G/A, 2 filings May 15, 2024 to Nov 12, 202427
Sources
The numbers on this page point here. Each one links to the record it came from.
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- 12SEC EDGARAlexandre Ruberti, Board member
- 13SEC EDGARAndrew Fleiss, Board member
- 14SEC EDGARSergio Pedreiro, Board member
- 15SEC EDGARSteven Spinner, Board member
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