Graf Global Corp. to combine with BIG3 basketball league at $290M pre-money valuation

Graf Global Corp.

Business combination values BIG3 at $290M pre-money; expected close Q4 2026.
Pro forma company to be named Big3 Basketball Holdings, Inc., ticker "TONT" on NYSE/Nasdaq.
Graf holds ~$249M in trust; closing requires at least $50M net cash after redemptions.
BIG3 management to remain: Ice Cube (CEO), Jeff Kwatinetz (Chairman), Clyde Drexler (Commissioner).
Ninth season starts June 20 at Intuit Dome; CBS broadcast; 3-on-3 basketball in 2028 Olympics.

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