GP-Act III Acquisition ^{Filed Terms, Nasdaq: GPATU}

We are a blank check company. While we may pursue an initial business combination opportunity in any industry or sector, we intend to capitalize on the ability of our management team to identify, acquire and operate a business or businesses that can benefit from our management team’s established global relationships, sector expertise and active management and operating experience. Our co-sponsor, GPIAC II, LLC, is a wholly-owned subsidiary of GP Investments, a leading private equity and alternative investment firm with over 30 years of history assisting companies to develop, grow and build long lasting capabilities through operational and governance improvements. Our co-sponsor, IDS III LLC, is led by Mr. Irwin Simon. Mr. Simon brings a wealth of experience in leading and scaling multi-billion-dollar companies in multiple sectors. Mr. Simon currently serves as the Chairman and CEO of Tilray (NASDAQ:TLRY), a global leader in cannabis research and production, and has previously founded and acted as the Chairman and CEO of Hain Celestial Group (NASDAQ:HAIN), growing the business into a leading organic and natural products company in North America, Europe, Asia, and the Middle East. Our co-sponsor, Boxcar Partners III, LLC, is led by Mr. Steven Spinner. Mr. Spinner brings a wealth of experience in leading and scaling multi-billion-dollar companies in multiple sectors.