Karpus Management, Inc. Exits Position in GP-Act III Acquisition Corp. (GPAT)

Karpus Management, Inc. (d/b/a Karpus Investment Management) has filed a Schedule 13G/A with the SEC, reporting a complete exit from its position in GP-Act III Acquisition Corp. (GPAT). As of the event date on May 29, 2026, the reporting person no longer holds any shares of the issuer's common stock, representing a 0.0% ownership stake. This is a significant decrease from its previously reported position of 2,230,216 shares. Karpus Management, Inc. is a New York-based registered investment adviser controlled by City of London Investment Group plc (CLIG). However, the filing notes that effective informational barriers are in place, allowing Karpus to exercise independent voting and investment power. The filing confirms that the securities were held in the ordinary course of business and were not intended to influence or change the control of the issuer. With this filing, Karpus Management, Inc. has officially ceased to be a beneficial owner of more than five percent of the class of securities.