sports
Big3 League Agrees to SPAC Deal Targeting $290 Million Valuation and 2026 Public Listing
The 3-on-3 league reached a deal with Graf Global Corp. that will let fans buy shares. The planned ticker is TONT.
Jun 14, 4:32 AM·1m read1 source
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The Big3 basketball league plans to go public later in 2026 after reaching a deal with Graf Global Corp. that targets a $290 million valuation. The league announced the agreement on Friday.
Is a publicly traded special purpose acquisition company. The transaction will allow fans to buy stock in the Big3. The league targets listing on one of the major stock exchanges in the fourth quarter of 2026.
The planned ticker symbol is TONT. Ice Cube stated: "You can't participate in the upside of the team besides winning. " The Big3 is starting its ninth season next week in Los Angeles. The league's title game is scheduled for August 22 in Charlotte, North Carolina.
Most major sports leagues are not available for public investment. TKO, the parent company of UFC and WWE, has been publicly traded since September 2023.
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