other material
confidence high
sentiment neutral
materiality 0.50
Graf Global to change ticker to TONT on July 27 ahead of BIG3 merger close in Q4 2026
Graf Global Corp.
- Ticker symbol changes from GRAF to TONT for shares, GRAF U to TONT U for units, GRAF WS to TONT WS for warrants, effective July 27, 2026.
- Business combination with BIG3 (3-on-3 basketball league) expected to close in Q4 2026, subject to conditions including S-4 effectiveness and shareholder approval.
- Company holds ~$92M in trust; per-share redemption value ~$10.86 as of July 16, 2026; shareholders retain redemption rights.
- Post-closing, surviving entity will be Big3 Basketball Holdings, Inc., trading as TONT and TONT WS.
- No action required by existing shareholders; CUSIP numbers unchanged.