Articles from General Catalyst Global Resilience Merger Corp.

General Catalyst Global Resilience Merger Corp. Announces Pricing of $350 Million Initial Public Offering
BOSTON, MASSACHUSETTS, April 29, 2026 (GLOBE NEWSWIRE) -- General Catalyst Global Resilience Merger Corp. (the “Company”), announced today the pricing of its initial public offering of 35,000,000 Global Resilience Aligned Initial Listing securities (“GRAIL securities”) at a price of $10.00 per GRAIL security. The GRAIL securities will be listed on the Nasdaq Global Market and trade under the ticker symbol “GCGRU” with trading expected to begin on April 30, 2026. Each GRAIL security consists of one Class A ordinary share of the Company and one-fourth of one redeemable warrant. Each whole warrant entitles the holder thereof to purchase one Class A ordinary share of the Company at a price of $11.50 per share, subject to certain adjustments. Once the securities comprising the GRAIL securities begin separate trading, the Class A ordinary shares and warrants are expected to be listed on the Nasdaq Global Market under the symbols “GCGR” and “GCGRW,” respectively.
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