{"schema_version":"secwatch.filing_event.v1","accession":"0001104659-26-073527","form_type":"8-K/A","ticker":"GRAF","cik":"0001897463","company_name":"Graf Global Corp.","filed_at":"2026-06-12T20:37:45+00:00","discovered_at":"2026-06-12T20:39:00.280187+00:00","generated_at":"2026-06-12T20:55:34.548774+00:00","sec_items":["1.01","2.03","3.02","9.01"],"event_type":"m_and_a","sentiment":"neutral","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"Graf Global Corp. enters business combination with BIG3 basketball league, valuing Big3 at $290M","bullets":["Graf SPAC to acquire Big3, a professional 3-on-3 basketball league, for $290M plus Big3's cash position.","Consideration in Pubco Class A shares; certain sellers receive high-vote Class B shares with 10 votes per share.","Closing expected Q4 2026, subject to Graf shareholder approval, Big3 noteholder consent, and at least $50M in trust.","Earnout shares: up to 2M additional Pubco shares vest if price ≥$15 for 20 of 30 trading days within 5 years.","Post-closing board: up to 7 directors (1 from Graf, 6 from Big3); Big3's CEO and CFO to continue."],"urls":{"canonical":"https://secwatch.observer/filing/0001104659-26-073527","json":"https://secwatch.observer/filing/0001104659-26-073527.json","markdown":"https://secwatch.observer/filing/0001104659-26-073527.md","text":"https://secwatch.observer/filing/0001104659-26-073527.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1897463/000110465926073527/0001104659-26-073527-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1897463/000110465926073527/tm2617801d1_8ka.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-06-12T20:55:34.548774+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"415b44365b3aa4dc1f6eb3206d1e1b76aa221223","claim":"Graf Global Corp. entered into Business Combination Agreement with Big3, Pubco, and the Merger Subs (effective 2026-06-12).","evidence_excerpt":"iven to them in the Business Combination Agreement. Item 1.01 Entry Into a Material Definitive Agreement. Business Combination Agreement As previously disclosed, on","evidence_source":"SEC 8-K Item 1.01/1.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1897463/000110465926073527/0001104659-26-073527-index.htm","confidence":0.95,"family_label":"Material Agreements","details":[{"label":"Action","value":"entry"},{"label":"Agreement","value":"merger"},{"label":"Counterparty","value":"Big3, Pubco, and the Merger Subs"},{"label":"Effective","value":"2026-06-12"}],"fact_type":"material_agreement"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}