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Graf Global to change ticker to TONT ahead of planned Big3 Basketball merger

PUBT·07/16/2026 21:14:09
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Graf Global to change ticker to TONT ahead of planned Big3 Basketball merger
  • Graf Global is pursuing a business combination with 3-on-3 basketball league Big3, targeted to close in Q4 2026.
  • NYSE American ticker for Class A shares to change to TONT on July 27, 2026; units and warrants to switch to TONT U, TONT WS.
  • Upon closing, TONT shares and TONT WS warrants convert 1:1 into the surviving Big3 entity; the public company to be named Big3 Basketball Holdings.
  • Transaction conditions include an effective S-4, shareholder vote, at least $50 million net cash delivered to Big3, exchange listing approval.
  • Graf Global holds about $92 million in cash deposits; it has no other operating business.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Graf Global Corp. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001104659-26-084301), on July 16, 2026, and is solely responsible for the information contained therein.