GP-Act III Acquisition extends deadline to Nov. 13, 2026 as holders redeem $215 million
Shareholders of GP-Act III Acquisition Corp. approved extending the deadline for the company to complete a business combination from May 13, 2026 to November 13, 2026, and a related amendment to extend the trust account liquidation date. Holders of 19,776,272 Class A ordinary shares redeemed for approximately $215.4 million, leaving approximately $97.8 million in the trust account.
Key points
- Extension and Trust Amendment approved at the Extraordinary General Meeting reconvened May 12, 2026: 23,799,592 votes for and 7,065,138 against each
- Redemptions of 19,776,272 Class A ordinary shares at approximately $10.89 per share, totaling approximately $215,421,832
- Approximately $97,750,320 remains in the trust account after redemptions
- Non-Redemption Agreements cover 8,074,387 Class A shares; Sponsor HoldCo agreed to transfer 403,720 shares to those investors after a business combination closes
The filing
Written by AI on Nov 9, 2026, 11:44 AM ET, from this filing only. Written later: this filing was briefed after the fact, when past filings were added to the site, so the brief may be read with hindsight; the filing itself is the record of what was known on May 13, 2026.
Briefs are written by AI from the filing text and can contain mistakes — open the filing before acting on anything. Impact (1-5) and tone are the AI's reading of the filing for shareholders, not a price forecast. Not investment advice.