Graf Global Corp announced the pricing of its $200 million IPO and its units are expected to begin trading on the NYSE American under the symbol “GRAF.U”, Wednesday, June 26, 2024.
The new SPAC plans to combine with a company that has stable free cash flow and that would benefit from its team’s strategies and experience.
Graf Global’s sponsor team will be led by CEO, CFO and Director James A. Graf. Louis Bélanger-Martin, Kenneth Weinstein and Fred S. Zeidman are to serve as Board Directors.
Total SPAC deal count for 2024 year-to-date is now 15. This offering is expected to close on Friday, June 27, 2024.
Cantor Fitzgerald is acting as the sole book-running manager for the offering. White & Case LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. WithumSmith+Brown serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
Terms Tracker for the Week Ending September 6, 2024 Welcome to our weekly column where we discuss the findings from our IPO terms tracker based on the previous week’s pricings. It was a short holiday week and while it was light on filings, SPACs did manage to price two IPOs. That means 2024 has now...
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