Welcome to our dedicated page for Graf Global news (Ticker: GRAF), a resource for investors and traders seeking the latest updates and insights on Graf Global stock.
Graf Industrial Corp. is a Houston, TX-based blank check company, also known as a special purpose acquisition company (SPAC). Founded on June 26, 2018, Graf Industrial Corp. specializes in merging, capital stock exchange, asset acquisition, stock purchase, reorganization, or other business combinations with one or more businesses. The company provides a unique investment vehicle to bring private companies to the public market, offering them the resources and flexibility to grow and thrive.
Known for its strategic approach, Graf Industrial Corp. meticulously selects potential business partners that align with its vision and goals. The company excels in identifying and facilitating mergers and acquisitions that add value to its portfolio, benefiting shareholders and the partnered businesses alike. By leveraging its expertise in financial structuring and market analysis, Graf Industrial Corp. has carved out a niche for itself in the competitive SPAC landscape.
In recent times, Graf Industrial Corp. has been active in seeking out high-potential companies to merge with, ensuring that each deal is thoroughly vetted and strategically sound. The company prioritizes long-term growth and sustainability, making it an attractive option for businesses looking for a robust path to public markets. Investors keep a close eye on Graf Industrial Corp. for its innovative and disciplined approach to business combinations.
With a strong leadership team and a clear mission, Graf Industrial Corp. continues to position itself at the forefront of the SPAC industry, driving significant advancements and fostering a culture of success. Stay updated with the latest developments and news from Graf Industrial Corp. to understand the dynamic nature of its business operations and future prospects.
Graf Global Corp. (NYSE American: GRAF) has announced that holders of units from its initial public offering can now separately trade Class A ordinary shares and warrants starting around August 16, 2024. The company's IPO, completed on June 27, 2024, included 23,000,000 units, with 3,000,000 units issued due to the underwriters' overallotment option.
Units will continue trading under 'GRAF.U', while Class A shares and warrants will trade separately under 'GRAF' and 'GRAF WS' respectively on NYSE American Only whole warrants will be tradable, and unit holders must contact Continental Stock Transfer & Trust Company to separate their units. The securities registration statement became effective on June 25, 2024.
Graf Global Corp. announced the successful closing of its $230 million IPO, including the full exercise of the underwriters' over-allotment option. The offering comprised 23,000,000 units at $10.00 each, leading to gross proceeds of $230 million. Each unit includes one Class A ordinary share and one-half of a redeemable warrant, listed on NYSE American under the ticker 'GRAF.U'. Once separated, shares and warrants will trade as 'GRAF' and 'GRAF WS'. Proceeds are placed in a trust for future business combinations. James Graf leads the company as CEO, CFO, and Director. Cantor Fitzgerald & Co. managed the offering.
Graf Global Corp. announced the pricing of its $200 million initial public offering (IPO) on June 25, 2024. The offering includes 20,000,000 units priced at $10.00 per unit. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant, with each whole warrant exercisable at $11.50 per share. The units will trade on NYSE American under the ticker symbol 'GRAF.U' starting June 26, 2024. The Class A shares and warrants will trade separately under 'GRAF' and 'GRAF WS' respectively once trading begins. The offering is expected to close on June 27, 2024. Cantor Fitzgerald & Co. is the sole book-running manager, and the company has granted underwriters a 45-day option to purchase up to 3,000,000 additional units. Graf Global Corp. is a blank check company aiming for mergers or acquisitions in any industry or region, leveraging the experience of CEO James Graf.
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