Graf Acquisition Corp. IV (GFOR.U) Prices $150M IPO
by Marlena Haddad on 2021-05-21 at 6:09am

Graf Acquisition Corp. IV announced the pricing of its $150 million IPO and its units are expected to begin trading on the New York Stock Exchange under the symbol “GFOR.U” Friday, May 21.

The new SPAC expects to focus on all industries that meet its business combination criteria and that leverages the management team’s relationships, experience and insight. Graf is led by CEO James A. Graf, Co-Presidents Gus Garcia and Lewis Silberman, and CFO and Treasurer Anantha Ramamurti.

Total SPAC deal count for 2021 year-to-date is now 325. This offering is expected to close on Tuesday, May 25.


J.P. Morgan and Oppenheimer & Co. are acting as book-running managers for the offering. White & Case LLP is serving as Issuer’s Counsel with Ellenoff Grossman & Schole LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer &  Trust Company is acting as trustee.

Recent Posts
by Nicholas Alan Clayton on 2024-04-25 at 8:04am

At the SPAC of Dawn There are signs that the macro environment for SPACs is gradually improving, but the Screaming Eagle team yesterday announced a non-redemption agreement for its combination with Lionsgate Studios. Such agreements are generally a lever one pulls when a SPAC expects a potentially turbulent closing. All in all, the terms for...

by Nicholas Alan Clayton on 2024-04-24 at 4:09pm

Israeli tech firms have made up an outsized proportion of SPAC activity and despite the ongoing tensions in its region, that dealmaking is continuing unabated. In fact, the SPAC named for the particular mission of taking Israeli firms public through SPACs, Israel Acquisition Corp. (NASDAQ:ISRL) in fact just took one step closer in completing that...

by Nicholas Alan Clayton on 2024-04-24 at 8:07am

At the SPAC of Dawn Although the market has largely recovered from a negative stretch last week, the roller coaster is tilted back downward for Trump Media (NASDAQ:DJT), which slid -8% yesterday to $32.57 – one of its lowest points since closing with Digital World last month. Other SPACs and de-SPACs are having a more...

by Nicholas Alan Clayton on 2024-04-23 at 4:05pm

Remember the metaverse? Many do not. Meta’s (NASDAQ:META) attempted transition to virtually living and working seemed to mark a trend that went up and down quickly, but one SPAC deal has both survived that roller coaster and may rise with a second. Back in December 2022, Newbury Street (NASDAQ:NBST) announced a $1.85 billion combination with...

by Nicholas Alan Clayton on 2024-04-23 at 7:50am

At the SPAC of Dawn Tucked into the bill that provides $95 billion in funding to American allies passed by the House this weekend is another measure that is likely to have far more impact on at least one pending deal in SPAC world. It would appear that the timing was fortuitous for TikTok rival...

logo

Copyright © 2023 SPACInsider, Inc. All Rights Reserved