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SearchingGCGRU · NasdaqCIK 2108962Sponsor at IPO: GCGR Sponsor LLC

General Catalyst Global Resilience Merger Corp.

$403MTrust raised at IPO

  1. IPO29 Apr 2026
  2. Searching24 months
  3. Deal announced—
  4. Closed—

Deadline before any extension: 1 May 2028 (24 months from the IPO closing). Extensions approved later are not added.

Tavia Read What stands out, from the filings · snapshot 14

  1. 01

    Larger than 98% of 2026’s SPAC IPOs.

    $403M raised, against a median of $200M for the 155 SPACs that priced in 2026 so far.

  2. 02

    Original deadline May 2028.

    24 months from the IPO closing, before any extension. No business combination agreement is in force.

Worked out from checked figures in snapshot 14 · no forecasts or advice

Key terms

Other 2026 SPAC IPOs →
IPO priced
29 Apr 2026
IPO closed
1 May 2026
Raised
$403M1
Units sold
40,250,0002
Trust raised
$403M3
Trust per unit
$10.004
Unit
1 sh + ¼ warrant5
Months to complete
246
Deadline before extensions
1 May 2028
Over-allotment
Exercised in full

Each unit: “one Class A ordinary share and one-fourth of one redeemable warrant”

How it compares

General Catalyst Global Resilience Merger Corp. against the 155 SPACs that priced in 2026.

Raised
$403M
98% of 2026 SPACs are below it
2026 median: $200M
Trust per unit
$10.00
78% of 2026 SPACs match it
2026 median: $10.00
Months to complete
24
54% of 2026 SPACs match it
2026 median: 24

Trust and redemptions

No extension or merger vote with paid redemptions is on record for this SPAC yet.

Firms named in the prospectus

Company counsel

Underwriters’ counsel

Sponsor

No other SPAC from GCGR Sponsor LLC or a vehicle of the same name priced since 1 January 2019.

Peers

Other 2026 SPAC IPOs with Citigroup Global Markets Inc. as bookrunner.

SPACIPORaisedUnitStatus
Churchill Capital Corp XIII30 Jul 2026$414M1 sh + 1/10 warrantSearching
B&R Technology Merger Corp.20 Jul 2026$360M1 sh + ⅓ warrantSearching
Churchill Capital Corp XII27 Apr 2026$414M1 sh + 1/10 warrantSearching

Sources

  1. PFinal prospectus: 0001213900-26-050441
  2. 1Gross proceeds: 0001213900-26-051635The Public GRAIL Securities were sold at an offering price of $10.00 per Public GRAIL Securities, generating gross proceeds of $402,500,000.
  3. 2Units sold: 0001213900-26-053394the Company sold 40,250,000 GRAIL securities, which includes the full exercise by the underwriters of their over-allotment option in the amount of 5,250,000 GRAIL securities
  4. 3Trust raised: 0001213900-26-053394The net proceeds from the IPO, together with certain of the proceeds from the Private Placement, $402,500,000 in the aggregate (the “Offering Proceeds”), were placed in a trust account
  5. 4Trust per unit: 0001213900-26-050441$350,000,000, or $402,500,000 if the underwriters’ over-allotment option is exercised in full ($10.00 per share in either case), will be deposited into a segregated trust account
  6. 5Unit composition: 0001213900-26-050441Each GRAIL security has an offering price of $10.00 and consists of one Class A ordinary share, par value $0.0001, and one-fourth of one redeemable warrant.
  7. 6Months to complete: 0001213900-26-050441If (i) we do not consummate an initial business combination within 24 months from the closing of this offering (or 27 months from the closing of this offering

Each quote is found word for word in the filing it cites. Where a figure here differs from the filing, the filing prevails.

How the figures are compiled
  • Which IPOs. Every final IPO prospectus (Form 424B4 or 424B1, or a 424B3 when it is the first prospectus filed on an S-1 or F-1 registration within 10 days of it going effective) filed on SEC EDGAR from the history start, by a registrant whose SIC code was 6770 (blank checks) on the filing date. Offerings that are not exchange-listed SPAC IPOs are excluded when the prospectus is read. The window starts on 1 January 2021.
  • Dated by. The date of the final prospectus.
  • Raised. Units sold to the public, including over-allotment units, times the unit price, as stated in the SPAC's 8-K reports after the IPO.
  • Trust. The trust held for public shareholders after the IPO and any over-allotment: trust per unit times public units, as stated in the SPAC's filings. Cash deposited in trust and then moved out as working capital is not counted.
  • Bookrunners. Firms the prospectus names as book-running managers; where it names none, the firm it names as sole underwriter or representative of the underwriters. Only the prospectus's own wording counts, not later 8-K reports. Each IPO's gross proceeds are split equally among its bookrunners.
  • Counsel and auditors. Issuer counsel and underwriters' counsel as named in the prospectus's Legal Matters section; the auditor as named in its Experts section. Each is credited with the IPO's full gross proceeds.
  • Unit structure. What one unit consists of, as the prospectus states it: a share with warrants, with rights, with both, or a share alone (shares-only offerings sell no units). Warrants per unit is the fraction of a warrant in each unit; rights are measured as the fraction of a share they convert into per unit.
  • Trust per unit. Dollars placed in the trust account for each unit sold to the public, as the prospectus states it.
  • Time to complete. Months from the IPO closing that the SPAC has to complete its business combination before any extension, as the prospectus states it.
  • Over-allotment. Whether the underwriters bought all, part or none of the over-allotment option, comparing units sold with the base offering and the option.
  • Votes. Shareholder votes to extend a SPAC's deadline or to approve its business combination, as reported in its 8-Ks (Item 5.07), for the SPACs in the IPO statistics only: SPACs that priced before the history start are not included, so votes in the first years under-represent the market. Only redemptions actually paid count: votes on a proposal that failed, or an extension that was approved but never took effect, are left out (redemption requests lapse with them), and a merger vote counts only when the deal closed, and only the last merger vote before the closing, since merger redemptions are paid at closing. Liquidation votes are left out too, as every public share is redeemed by definition.
  • Redemption rate. Public shares redeemed at a vote over public shares outstanding just before it. Shares redeemed are as an 8-K, or failing that the next 10-Q or 10-K, states them. Shares before are as a filing states them, or redeemed plus the shares left after, or carried from the IPO's public shares and earlier votes. The median is the typical vote; the weighted rate divides all shares redeemed by all shares before, the share of public money that left the trusts. A vote counts only when each of these figures is verified or accepted. Votes whose redemption count no filing states, after a search of the SPAC's and the combined company's filings, are counted as not disclosed rather than estimated.
  • Outcomes. Where each SPAC stands as of the snapshot: completed (business combination closed), liquidated (trust returned and redeemed), deal pending (agreement signed, not closed) or searching (no agreement in force). Grouped by the year the SPAC priced its IPO. Awaiting review means its status is still being checked.
  • Closings. Completed business combinations by year of closing. The sector is the SEC's industry code (SIC) of the combined company, grouped into broad sectors; months from IPO run from the prospectus date to the closing.
  • Checking. A SPAC counts only when every required figure is verified (quote found verbatim in the filing and all cross-checks pass) or accepted by a named reviewer.
  • Coverage. 1,077 of the 1,089 SPAC IPOs read are counted; 12 wait on a figure still under review and 11 filings were excluded as not exchange-listed SPAC IPOs.

Compiled from SEC filings with the assistance of AI · figures as of 3 November 2026

For information only. These figures are compiled from SEC filings with the assistance of AI. Although they are checked against those filings, they may contain errors or omissions and have not been audited; where they differ from the filings, the filings prevail. They are not an offer to sell, a solicitation of an offer to buy, or a recommendation of any security. Information about any SPAC is qualified in its entirety by its filings with the SEC, available at www.sec.gov.