0001213900-26-053394
SEC filingGeneral Catalyst Global Resilience Merger Corp. completed its IPO of 40,250,000 units at $10.00 each, with proceeds held in trust for a future business combination.
General Catalyst Global Resilience Merger Corp. (the 'Company') completed its initial public offering (IPO) on May 1, 2026, issuing 40,250,000 units at $10.00 per unit, generating gross proceeds of $402.5 million. Each unit consists of one Class A ordinary share and one-fourth of one redeemable warrant. Simultaneously, the sponsor purchased 905,000 private placement units at $10.00 each, raising $9.05 million. The net proceeds of $402.5 million were deposited into a trust account with Continental Stock Transfer & Trust Company as trustee. The Company is a blank check company formed to effect a merger or acquisition. It has 24 months (or 27 months if a letter of intent is signed) to complete an initial business combination. Public shareholders may redeem their shares for a pro rata portion of the trust account upon a business combination or if no deal is completed within the timeframe. Transaction costs totaled $22.17 million, including $7.05 million in cash underwriting fees and $14.09 million in deferred underwriting fees. The balance sheet as of May 1, 2026, shows total assets of $404.2 million, with $402.5 million in the trust account, and a shareholders' deficit of $13.2 million.