
Gravity Acquisition
GVACFiledGravity Acquisition Corp. · Nasdaq Capital Market (proposed) · Blank-check company / SPAC · Report filing 2026/08/17 · SEC checked 2026-10-07
The September 17, 2026 S-1/A proposes a $250 million IPO of 25 million units, but the registration statement states that the information is preliminary and subject to completion.
Large trust pool, but one-third rights and nominal-cost founder shares create substantial merger dilution
Gravity filed a $250M SPAC offering of 25.0M units at $10.00 under proposed symbol GVAC; effectiveness and pricing remain pending.
Capital destination
—No estimate is substituted for missing offer terms.
Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.
Check the source · S-1/A ↗Capital destination
—No estimate is substituted for missing offer terms.
Share-type percentages are not net-proceeds percentages. Amounts retain their stated gross/net basis; do not add unlike bases.
Check the source · S-1/A ↗- 1Maxim Group LLC——
Fully diluted valuation bridge
| Status | Reference |
|---|---|
| Awaiting verification | Source ↗ |
Basic-price scenario
A verified single offer price and basic post-offer share count are required. This is a data gap, not a paid lock.
Check the source · S-1/A ↗Founder shares
~6.575M*Founder holders appoint and remove directors before a combination.
Before a business combination · 2026/08/17
SPAC governance rights are stronger than the economic percentage alone suggests
One disclosed holder; not a complete ownership distribution.Check the source · S-1/A ↗Conditional lock-up timeline
Conditional lock-up timeline
Eligibility is not a sale. Release conditions, holder groups and exceptions remain separate.
Milestones and unconfirmed releases
| Holder / event | Term / date | Conditions |
|---|---|---|
| Business combination | Within 18–21 months +33.3% · 8.33M right shares | Business combination · Public right holders · Not yet published — awaiting the effective or final prospectus. · Completion of a qualifying business combination |
Basis and evidence
Business combination · Public right holders · Not yet published — awaiting the effective or final prospectus. · Completion of a qualifying business combination
Lock-up / shares eligible for future sale ↗Financial quality and runway
| Status | Reference |
|---|---|
| Awaiting verification | Source ↗ |
Latest filing update
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No target has been selected and the company has no operating history or revenue.
- Potential impact
- High
- Monitor
- SEC effectiveness and final prospectus
- Evidence
- S-1/A · 2026/08/17 ↗
What remains missing18% of the evidence set remains unresolved. This may affect unconfirmed pricing, valuation, dilution or supply conclusions; no missing term is estimated.
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