General Catalyst Global Resilience Merger Corp. (GCGRU) Prices $350M IPO
General Catalyst Global Resilience Merger Corp. (NASDAQ:GCGRU) announced the pricing of its $350 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “GCGRU” on Thursday, April 30, 2026.
The new SPAC intends to focus it search on Global Resilience sectors, including aerospace and defense, national security, industrials and manufacturing, and other associated opportunities. The Company believes that its Global Resilience Aligned Initial Listing structure, or GRAIL structure, reflects its core values and will attract high quality partners seeking a disciplined and aligned path to the public markets.
General Catalyst Global Resilience Merger Corp. is to be led by Chairman Hemant Taneja, Chief Executive Officer Paul Kwan and Chief Financial Officer Christopher Kauffman. Fareed Zakaria, Barry McCarthy and N. Thomas Linebarger will serve on its Board of Directors.
Total SPAC deal count for 2026 year-to-date is now 76. This offering is expected to close on Friday, May 1, 2026.
Citigroup Global Markets Inc. is acting as sole book-running manager for the offering and Academy Securities, Inc. is acting as co-manager for the offering. Kirkland & Ellis LLP is serving as Issuer’s Counsel with Davis Polk & Wardwell LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
