GP-Act III Acquisition converts 7,187,500 founder shares into Class A stock

• Gp-Act III Acquisition Corp. converted 7,187,500 Class B founder shares into Class A shares on a 1-for-1 basis on May 1, 2026.
• Conversion cancelled all Class B shares outstanding, issuing 7,187,500 Class A shares to sponsor holding company, three independent directors.
• Founder-share terms carried over to converted Class A shares, including transfer restrictions, voting agreement, trust-account waiver.
• Share count now about 35,937,500 Class A shares outstanding, with no change to voting thresholds or vote counting.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Gp-Act III Acquisition Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001213900-26-051802), on May 05, 2026, and is solely responsible for the information contained therein.