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

Key Highlights

  • Business Combination Agreement: BIG3 HoldCo LLC is a party to a previously disclosed Business Combination Agreement, dated June 12, 2026, with Graf Global Corp. and Halfcourt Holdco, Inc., among other parties.
  • Revised timing: Ice Cube stated during the CNBC Power Lunch interview that the merger and public offering is expected to go through "early '27," a slight shift from a previously anticipated end-of-year close.
  • Reported valuation: CNBC anchor Kelly Evans referenced a "reported valuation of $290 million" for the BIG3 in connection with the public offering.
  • Ticker reference: Ice Cube stated that the ticker "T-O-N-T," which he said stands for 3-on-3, can currently be accessed but will go through the merger process.
  • League history: According to the filing, the BIG3 has operated for nine seasons and describes itself as a half-court 3-on-3 league featuring former NBA stars and international players.
  • Global expansion plans: Ice Cube discussed ongoing conversations with parties in Australia and the East Asian Super League regarding potential BIG3 international leagues and a proposed "Big Cup" global competition.

BIG3 and Graf Global: What the October 29 Interview Disclosures Covered

The Form 425 was filed by Graf Global Corp. pursuant to Rule 425 under the U.S. Securities Act of 1933 and deemed filed pursuant to Rule 14a-12 under the Securities Exchange Act of 1934. The filing covers two separate media appearances by Ice Cube on October 29, 2026: one on CNBC Power Lunch and one on TBPN. Both are included as transcripts within the filing and relate to the previously announced Business Combination Agreement dated June 12, 2026.

During the CNBC interview, Ice Cube addressed the timeline for going public, saying the process would now run through "early '27" rather than by year-end 2026 as he had previously suggested to CNBC's Scott Wapner roughly four months prior. On the strategic rationale for a public listing, Ice Cube stated: "Those other leagues were started and maintained with an exclusive club. The fans, all they get to do is buy some merch, go to a game, try to find it on a streaming service, but they can't be a part of the upside."

In the TBPN interview, Ice Cube described the origins of the BIG3, which he co-founded with Jeff Kwatinetz starting in 2017, and outlined the league's rules, including a "first of 50 win" format and a 14-second shot clock. He also discussed the league's basketball connections, noting that figures including Dr. J, Clyde Drexler, Gary Payton, and Nancy Lieberman have each been with the league for approximately eight to ten years, according to the filing.

What Was Disclosed

Graf Global Corp. filed transcripts of two October 29, 2026 media interviews given by BIG3 HoldCo LLC executive officer Ice Cube, disclosing an updated merger timeline of early 2027 and commentary on the league's global growth strategy.