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We have not selected any specific business combination target, and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. However, members of our management team had been actively in discussions with potential business combination partners in their capacity as officers and directors of Graf Industrial Corp. (“GRAF I”) and Graf Acquisition Corp. IV (“GRAF IV” and, together with GRAF I, the “GRAF SPACs”), and we may pursue business combination partners that had previously been in discussions with the management teams of the GRAF SPACs. We may pursue an acquisition opportunity in any industry or geographic location. (Incorporated in the Cayman Islands)
We will seek to capitalize on the significant experience and relationships of our Chief Executive Officer, James A. Graf, and the other members of our management team and board of directors in identifying and consummating an initial business combination.
James Graf has more than 35 years of experience in SPACs, mergers and acquisitions, private equity, capital markets and corporate management. He has served as a founder and executive officer or as a non-independent director of six special purpose acquisition companies formed for the purpose of effecting a business combination, and is an independent director of a seventh SPAC, that together have raised over $2 billion, in the aggregate, in their initial public offerings over the last 13 years.
(Note: Graf Global Corp. priced its SPAC IPO in sync with the terms in the prospectus – 20.0 million units at $10.00 each – to raise $200.0 million on Tuesday night, June 25, 2024. Graf Global Corp. is the seventh SPAC IPO priced in June 2024, bringing the SPAC IPO count to 16 for the year 2024 so far. Graf Global’s stock and warrants are set to start trading Wednesday, June 26, 2024, on the NYSE – American Exchange. )
(Note: Graf Global Corp. filed its S-1 for its SPAC IPO on May 31, 2024, and disclosed the terms: 20.0 million units at $10.00 each to raise $200.0 million. Each unit consists of one share of stock and one-half warrant. In its S-1 filing, Graf Global says that it intends to list its stock and warrants on either the New York Stock Exchange or the NYSE – American Exchange.)
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