---
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"
generated_at: "2026-06-12T20:55:34.548774+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.75
calibrated_materiality_score: 0.75
confidence: "high"
source: SEC EDGAR
---

# Graf Global Corp. enters business combination with BIG3 basketball league, valuing Big3 at $290M

## Summary
- 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.

## SEC filing metadata
- 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
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.75
- calibrated_materiality_score: 0.75
- confidence: high
- sec_items: 1.01, 2.03, 3.02, 9.01
- 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

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001104659-26-073527
- JSON: https://secwatch.observer/filing/0001104659-26-073527.json
- Plain text: https://secwatch.observer/filing/0001104659-26-073527.txt

## Key facts
- Material Agreements
  Graf Global Corp. entered into Business Combination Agreement with Big3, Pubco, and the Merger Subs (effective 2026-06-12).
  - Action: entry
  - Agreement: merger
  - Counterparty: Big3, Pubco, and the Merger Subs
  - Effective: 2026-06-12
  source text: 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_url: https://www.sec.gov/Archives/edgar/data/1897463/000110465926073527/0001104659-26-073527-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.