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Graf Global Corp. Announces the Separate Trading of its Class A Ordinary Shares and Warrants, Commencing on or about August 16, 2024

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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. (NYSE American: GRAF) ha annunciato che i detentori di unità della sua offerta pubblica iniziale possono ora scambiare separatamente le azioni ordinarie di Classe A e i warrant a partire dal 16 agosto 2024. L'IPO dell'azienda, completata il 27 giugno 2024, includeva 23.000.000 unità, con 3.000.000 unità emesse a seguito dell'opzione di sovraassegnazione degli underwriter.

Le unità continueranno a essere scambiate sotto 'GRAF.U', mentre le azioni di Classe A e i warrant verranno scambiati separatamente sotto 'GRAF' e 'GRAF WS' rispettivamente su NYSE American. Solo i warrant interi saranno negoziabili e i detentori di unità devono contattare la Continental Stock Transfer & Trust Company per separare le loro unità. La dichiarazione di registrazione dei titoli è diventata efficace il 25 giugno 2024.

Graf Global Corp. (NYSE American: GRAF) ha anunciado que los titulares de unidades de su oferta pública inicial pueden ahora negociar por separado las acciones ordinarias Clase A y los warrants a partir del 16 de agosto de 2024. La OPI de la compañía, completada el 27 de junio de 2024, incluyó 23,000,000 unidades, con 3,000,000 unidades emitidas debido a la opción de sobreasignación de los suscriptores.

Las unidades continuarán negociándose bajo 'GRAF.U', mientras que las acciones Clase A y los warrants se negociarán por separado bajo 'GRAF' y 'GRAF WS' respectivamente en NYSE American. Solo los warrants completos serán negociables, y los titulares de unidades deben contactar a Continental Stock Transfer & Trust Company para separar sus unidades. La declaración de registro de valores se volvió efectiva el 25 de junio de 2024.

그래프 글로벌 코프 (NYSE American: GRAF)는 최초 공모 주식 보유자가 2024년 8월 16일부터 A 클래스 보통주와 워런트를 별도로 거래할 수 있다고 발표했습니다. 회사의 IPO는 2024년 6월 27일에 완료되었으며, 23,000,000개의 유닛이 포함되었고, 3,000,000개의 유닛은 인수인의 추가 배정 옵션으로 발행되었습니다.

유닛은 'GRAF.U'로 계속 거래되며, A 클래스 주식과 워런트는 각각 'GRAF' 및 'GRAF WS'로 NYSE American에서 별도로 거래됩니다. 전체 워런트만 거래 가능하며, 유닛 보유자는 자신의 유닛을 분리하기 위해 Continental Stock Transfer & Trust Company에 연락해야 합니다. 증권 등록 명세서는 2024년 6월 25일에 효력이 발생했습니다.

Graf Global Corp. (NYSE American: GRAF) a annoncé que les détenteurs d'unités de son introduction en bourse peuvent désormais négocier séparément des actions ordinaires de classe A et des warrants à partir du 16 août 2024. L'introduction en bourse de la société, réalisée le 27 juin 2024, comprenait 23,000,000 unités, dont 3,000,000 unités émises en raison de l'option de surallocation des souscripteurs.

Les unités continueront à être négociées sous 'GRAF.U', tandis que les actions de classe A et les warrants seront négociés séparément sous 'GRAF' et 'GRAF WS' respectivement sur NYSE American. Seuls des warrants entiers seront négociables, et les détenteurs d'unités doivent contacter Continental Stock Transfer & Trust Company pour séparer leurs unités. La déclaration d'enregistrement des valeurs mobilières est entrée en vigueur le 25 juin 2024.

Graf Global Corp. (NYSE American: GRAF) hat angekündigt, dass Inhaber von Einheiten aus dem Börsengang jetzt ab dem 16. August 2024 die Class A Stimmrechtsaktien und Warrants separat handeln können. Der Börsengang des Unternehmens, der am 27. Juni 2024 abgeschlossen wurde, umfasste 23.000.000 Einheiten, wobei 3.000.000 Einheiten aufgrund der Gesamtüberzeichnung durch die Emissionsbanken ausgegeben wurden.

Die Einheiten werden weiterhin unter 'GRAF.U' gehandelt, während die Class A Aktien und Warrants separat unter 'GRAF' und 'GRAF WS' an der NYSE American gehandelt werden. Nur ganze Warrants können gehandelt werden, und die Einheiteninhaber müssen sich an die Continental Stock Transfer & Trust Company wenden, um ihre Einheiten zu trennen. Die Wertpapierregistrierungsmitteilung trat am 25. Juni 2024 in Kraft.

Positive
  • Successful completion of initial public offering with 23,000,000 units
  • Full exercise of underwriters' overallotment option for additional 3,000,000 units
  • Separate trading of Class A shares and warrants, potentially increasing liquidity
Negative
  • None.

THE WOODLANDS, TX, Aug. 12, 2024 (GLOBE NEWSWIRE) -- Graf Global Corp. (NYSE American: GRAF) (the “Company”) announced that holders of the units sold in the Company’s initial public offering of 23,000,000 units, which includes 3,000,000 units issued pursuant to the exercise by the underwriters of their overallotment option in full, completed on June 27, 2024 (the “Offering”), may elect to separately trade the Class A ordinary shares and warrants included in the units commencing on or about August 16, 2024. Any units not separated will continue to trade on NYSE American LLC under the symbol “GRAF.U,” and each of the Class A ordinary shares and warrants will separately trade on NYSE American LLC under the symbols “GRAF” and “GRAF WS,” respectively. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Holders of units will need to have their brokers contact Continental Stock Transfer & Trust Company, the Company’s transfer agent, in order to separate the units into Class A ordinary shares and warrants.

A registration statement relating to the securities was declared effective on June 25, 2024 in accordance with Section 8(a) of the Securities Act of 1933, as amended. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

Cautionary Note Concerning Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the Company’s search for an initial business combination. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement for the initial public offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

About Graf Global Corp.

Graf Global Corp. is a blank check company formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company intends to capitalize on the significant experience and relationships of its Chief Executive Officer, Chief Financial Officer and Director, James Graf, but may pursue an initial business combination in any industry or geographic region.

Contact

James Graf
Chief Executive Officer, Chief Financial Officer and Director
Graf Global Corp.
james@grafspac.com


FAQ

When can Graf Global Corp. (GRAF) shareholders start trading Class A shares and warrants separately?

Graf Global Corp. (GRAF) shareholders can start trading Class A shares and warrants separately on or about August 16, 2024.

How many units were sold in Graf Global Corp.'s (GRAF) initial public offering?

Graf Global Corp. (GRAF) sold 23,000,000 units in its initial public offering, including 3,000,000 units from the underwriters' overallotment option.

What are the trading symbols for Graf Global Corp.'s (GRAF) securities on NYSE American?

Graf Global Corp.'s units trade under 'GRAF.U', Class A shares under 'GRAF', and warrants under 'GRAF WS' on NYSE American.

When was Graf Global Corp.'s (GRAF) initial public offering completed?

Graf Global Corp.'s (GRAF) initial public offering was completed on June 27, 2024.

Graf Global Corp.

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