Every 10-Q that Graf Global Corp. (GRAF) has filed with the SEC in the last 24 months is listed below, newest first, and each one links through to the document itself with the summary and the scores our analysis gives it.
A 10-Q covers the quarterly report filed between annual reports, so if you follow GRAF and want that one kind of document rather than the whole filing history, this is the page to keep. The company's other filings, of every form, are on the full GRAF filings page.
Graf Global Corp. reported net income of $2,100,488 for the quarter ended March 31, 2026, driven almost entirely by interest of $2,131,533 on cash held in its IPO trust. General and administrative expenses were modest at $31,045.
The SPAC holds $247,740,885 in its trust account, or about $10.77 per redeemable Class A share, while unrestricted cash was only $928 with a working capital deficit of $1,199,070. Management discloses that the June 27, 2026 deadline to complete a business combination creates substantial doubt about the company’s ability to continue as a going concern.
Graf Global Corp. filed its Q3 2025 10-Q, reporting net income of $1,748,701 for the quarter, driven by $2,546,885 of interest on its Trust Account and offset by $798,184 of general and administrative costs. For the nine months, net income was $6,215,425 on $7,480,079 of trust interest.
The SPAC held $243,244,843 in its Trust Account as of September 30, 2025, with Class A ordinary shares redeemable at approximately $10.58 per share. Cash outside the trust was $699, and the company reported a working capital deficit of $607,541. Deferred underwriting fees total $9,800,000.
Management highlighted substantial doubt about the company’s ability to continue as a going concern given its Combination Period ending on June 27, 2026. As of November 13, 2025, there were 23,000,000 Class A and 5,750,000 Class B ordinary shares outstanding. Warrants outstanding totaled 17,500,000, each exercisable at $11.50 per share subject to a business combination.
Graf Global Corp. is a blank check company that has not commenced operating activities and holds proceeds from its Initial Public Offering in a Trust Account to fund an initial Business Combination. The company sold 23,000,000 Units at $10.00 per Unit, generating gross proceeds of $230,000,000, plus $6,000,000 from private placement warrants; after allocation and accretion, total assets were $241,028,593 as of June 30, 2025.
Graf generated substantial non-operating income from interest on the Trust Account: $2,489,888 for the quarter and $4,933,194 for the six months ended June 30, 2025, producing net income of $2,296,567 and $4,466,724, respectively. Cash outside the Trust Account was limited at $107,238 with working capital of $190,643. The Class A ordinary shares subject to possible redemption reflected a redemption value of $240,697,958. Management discloses substantial doubt about the company’s ability to continue as a going concern absent additional capital or a completed Business Combination by the stated Combination Period.