Graf Global Corp. filed a Form 425 on October 29, 2026, disclosing transcripts of two interviews in which O'Shea Jackson ("Ice Cube"), an executive officer of BIG3 HoldCo LLC, discussed the planned public offering of the BIG3 league and its timeline.

Key Highlights

  • Filing party: Graf Global Corp. filed pursuant to Rule 425 under the Securities Act of 1933 and Rule 14a-12 under the Securities Exchange Act of 1934, with Halfcourt Holdco, Inc. as the subject company (Commission File No. 001-42142).
  • Business Combination Agreement: A Business Combination Agreement dated June 12, 2026 involves Graf Global Corp., Halfcourt Holdco, Inc., and BIG3 HoldCo LLC, among other parties.
  • Ticker reference: Ice Cube stated the ticker symbol T-O-N-T "stands for 3-on-3" and can currently be obtained, with the merger expected to go through "early '27."
  • Reported valuation: The CNBC interviewer referenced "a reported valuation of $290 million" in connection with the BIG3 going public.
  • Global expansion plans: Ice Cube stated the league has been in discussions with Australia's NBL about "a BIG3 Australia" and with the East Asian Super League about "a BIG3 Asia," as well as a proposed "Big Cup" international tournament.
  • League history: Ice Cube described BIG3 as having operated for nine seasons, with a tenth season upcoming, noting the league was founded in 2017.

BIG3 Merger and Public Listing Plans Outlined in Dual Interview Disclosures

According to the filing, O'Shea Jackson, known as Ice Cube and identified as an executive officer of BIG3 HoldCo LLC, appeared in two separate interviews on October 29, 2026 - one on CNBC Power Lunch and one on TBPN. The filing was submitted by Graf Global Corp. under Rule 425, which governs communications related to business combination transactions, and was also deemed filed under Rule 14a-12 of the Securities Exchange Act of 1934.

In the CNBC interview, Ice Cube addressed the timeline for the league's public listing. When asked whether the timing had shifted from an earlier prediction of going public by year-end, he stated: "Just slightly. I mean, you can actually get T-O-N-T right now, which stands for 3-on-3, but it's really going to go through the merger. It's going to go through early '27." He also described the rationale for going public as allowing fans, not only institutional or private investors, to "be a part of the upside," characterizing the BIG3 as "the first professional league to let the public actually contribute in the growth of the league."

In the TBPN interview, Ice Cube outlined the founding of the league alongside partner Jeff Kwatinetz, describing the origin as filling what he called "a void in the industry" following the NBA Finals each year. He highlighted rules designed to differentiate BIG3 from other 3-on-3 formats, including a "first of 50 win" scoring format and a 14-second shot clock. He also cited long-tenured figures such as Dr. J, Clyde Drexler, Gary Payton, and Nancy Lieberman as having been involved with the league for extended periods, with George Gervin described as having recently retired from playing to join the front office of the Detroit franchise.

What Was Disclosed

Graf Global Corp. disclosed transcripts of two October 29, 2026 media interviews by BIG3 HoldCo LLC executive officer Ice Cube, covering the merger timeline, listing plans, global expansion discussions, and the league's operating history, in connection with the June 12, 2026 Business Combination Agreement.