Monitor for announcements regarding potential business combination targets. The stock is likely to trade near trust value (~$10) until a definitive agreement is reached. Watch for any redemptions or extensions.
Price Chart
Executive Summary
General Catalyst Global Resilience Merger Corp. closed its initial public offering of 35,000,000 GRAIL securities (units) at $10.00 per unit, generating $350 million in gross proceeds. The units consist of one Class A ordinary share and one-fourth of a redeemable warrant. Proceeds are held in a trust account for future business combination. The sponsor also purchased 800,000 private placement units. The company has 24 months to complete a business combination or will liquidate.
Key Financial Metrics
Key Facts
- IPO of 35,000,000 GRAIL securities at $10.00 per unit, gross proceeds of $350 million.
- Over-allotment option for up to 5,250,000 additional units exercisable within 45 days.
- Proceeds held in trust account pending business combination.
- Sponsor purchased 800,000 private placement units at $10.00 each.
- Company has 24 months to complete an initial business combination or will redeem shares and liquidate.
- Underwriting agreement includes a deferred discount of $0.35 per unit for underwriters.
Financial Impact
$350 million raised in IPO, held in trust account.
Risk Factors
- Failure to complete a business combination within 24 months leads to liquidation and return of trust proceeds to public shareholders.
- SPACs typically trade near trust value with limited upside until a deal is announced.
- Dilution from warrants and sponsor promote.
Market Snapshot
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 8-K Filing (Primary) | 0001213900-26-051635 |
| Document: ea028846401ex1-1.htm | 0001213900-26-051635 |
| Document: ea028846401ex10-3.htm | 0001213900-26-051635 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Jun 16, 2026 18w ago | Press Release | $10.22 $10.49 | ▲ +2.64% | ▲ +1.32% | $10.18 (−0.39%) |
May 7, 2026 24w ago | 8-K | $10.10 $10.22 | ▲ +1.19% | ▲ +1.16% | $10.18 (+0.79%) |
May 4, 2026 25w ago | 8-K | $10.08 $10.25 | ▲ +1.69% | ▼ −3.27% | $10.18 (+0.99%) |
May 1, 2026 25w ago | Press Release | $10.07 $10.24 | ▲ +1.69% | ▼ −3.60% | $10.18 (+1.09%) |
Apr 29, 2026 25w ago | Press Release | $10.05 $10.25 | ▲ +1.99% | ▼ −3.24% | $10.18 (+1.29%) |
US Market Status
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