General Catalyst Global Resilience Merger Corp. Announces Closing of $402.5 Million Initial Public Offering

BOSTON, MASSACHUSETTS, May 01, 2026 (GLOBE NEWSWIRE) — General Catalyst Global Resilience Merger Corp. (the “Company”), announced today the closing of its initial public offering of 40,250,000 Global Resilience Aligned Initial Listing securities (“GRAIL securities”) at a price of $10.00 per GRAIL security, including 5,250,000 GRAIL securities pursuant to the full exercise of the underwriters’ over-allotment option. The GRAIL securities began trading on the Nasdaq Global Market under the ticker symbol “GCGRU” 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.


Source: General Catalyst Global Resilience Merger Corp. Announces Closing of 2.5 Million Initial Public Offering