RebrandingJul 16, 2026, 05:16 PM

Graf Global Changes Ticker to "TONT" Ahead of BIG3 Business Combination

AI Summary

Graf Global Corp. announced a change in its NYSE American ticker symbol from "GRAF" to "TONT", effective July 27, 2026. This rebranding is in anticipation of its previously announced business combination with Big3 HoldCo LLC, a professional 3-on-3 basketball league. The combined entity, Big3 Basketball Holdings, Inc., is expected to trade under the "TONT" symbol after the business combination closes, which is anticipated in the fourth quarter of 2026. Shareholders will retain redemption rights for their shares at approximately $10.86 per share as of July 16, 2026.

Key Highlights

Graf Global Corp. will change its NYSE American ticker symbol from "GRAF" to "TONT".
The ticker symbol change for shares, units, and warrants will be effective on July 27, 2026.
The change reflects the proposed business combination with Big3 HoldCo LLC ("BIG3").
The business combination with BIG3 is expected to close in the fourth quarter of 2026.
Upon closing, the public trading entity will be named Big3 Basketball Holdings, Inc. and trade as "TONT".
As of July 16, 2026, the cash value per share for redemptions was approximately $10.86.

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