• BIG3 agreed to combine with Graf Global, taking the 3-on-3 basketball league public in a deal valuing BIG3 at USD 290 million pre-money.
• The listed company will be named Big3 Basketball Holdings, with a planned ticker “TONT” and an expected close in Q4 2026.
• Closing requires at least USD 50 million of minimum net cash proceeds; Graf Global’s trust held about USD 249 million as of June 10, 2026.
• BIG3 equityholders will receive 2,000,000 earnout shares if the stock meets a USD 15 price threshold over a five-year period.

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 Business Wire (Ref. ID: 20260612416476) on June 12, 2026, and is solely responsible for the information contained therein.