Description:

GPC, or Genesis Park Acquisition Corp., is a special purpose acquisition company (SPAC) listed on the New York Stock Exchange. As a SPAC, its primary function is to raise capital through an initial public offering (IPO) with the intention of merging with or acquiring an existing company within a specified timeframe. This structure allows for a more streamlined process compared to traditional mergers and acquisitions, providing a platform for companies to go public while also offering investors exposure to potential growth opportunities.

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