other
confidence high
sentiment neutral
materiality 0.50
Graf Global closes $230M IPO and places proceeds in trust
Graf Global Corp.
- IPO of 23M units at $10/unit raised $230M gross; full over-allotment exercised (3M units).
- Private placement of 6M warrants at $1/warrant raised $6M from sponsor and underwriter.
- $230M placed in trust account with Continental Stock Transfer & Trust.
- Audited balance sheet as of June 27, 2024 filed as exhibit.
- Transaction costs $14.46M including underwriting and deferred fees.