Graf Global (TONT-WT) Stock: Why It's Down Today
Updated Oct 23, 2:35 PM ET · latest trade in feed Oct 23, 2:31 PM ET (Finnhub)
Updated Oct 23, 2026, 2:47 PM ET · intraday price
Sector peers moving today (SPACs & Blank Checks):CXII -0.53%BACC +0.34%GCGR +0.15%IPFX +0.10%IEAG +0.10%
Bold Eagle Acquisition (BEAG)Southport Acquisition Corp. II (PORT-UN)Archimedes Tech SPAC Partners II (ATII)Blue Acquisition Corp/Cayman (BACC)Pine Tree Acquisition (PAXGU)EQV Ventures Acquisition Corp. II (EVAC)
TONT-WT slides 3.8% to $0.24. Trading at $0.24 (intraday, 2:47 PM ET), -3.80% vs the prior close of $0.25. Day range $0.24–$0.24, opened at $0.24.
Why Did TONT-WT Stock Move Today?
A plain-English, data-only note for every US trading day (today's note updates every 2 hours while the market is open). Last 5 sessions at a glance, then today's full note.
| Session | Close | Change | Volume vs 50-day avg | What the data shows |
|---|---|---|---|---|
| Oct 23, 2026 | $0.24 | -3.80% | — | TONT-WT slides 3.8% to $0.24 |
Oct 23, 2026 — TONT-WT slides 3.8% to $0.24
- Trading at $0.24 (intraday, 2:47 PM ET), -3.80% vs the prior close of $0.25. Day range $0.24–$0.24, opened at $0.24.
- Volume was 384 shares, 0.2x its 50-day average of 2.20K — lighter than usual.
- 52-week range $0.24–$0.27; the current price sits at 0% of that range, 10.9% below the 52-week high.
Data-Driven Bull Case vs. Bear Case + Sector Peer Comparison Table
Points below restate what SEC filings and price data show. They are facts, not a recommendation.
- Latest fiscal-year net income: profit of $8.02M.
- High volatility: average daily move of 3.8% over 20 sessions.
- Thin trading (under $2M a day on average) can mean wide bid/ask spreads.
Sector peers · Blank Checks
| Ticker | Company | Last price | Day | Below 52w high | Avg $ volume (20d) |
|---|---|---|---|---|---|
| TONT-WT | Graf Global | $0.24 | -3.80% | 10.9% | $321 |
| BEAG | Bold Eagle Acquisition | $10.52 | +0.00% | 5.3% | $11.75M |
| PORT-UN | Southport Acquisition Corp. II | $9.92 | +0.00% | 0.8% | $9.10M |
| ATII | Archimedes Tech SPAC Partners II | $10.10 | +2.96% | 15.5% | $3.72M |
| BACC | Blue Acquisition Corp/Cayman | $10.48 | +0.34% | 5.6% | $3.83M |
| PAXGU | Pine Tree Acquisition | $10.00 | +0.00% | 0.1% | $3.23M |
| EVAC | EQV Ventures Acquisition Corp. II | $10.34 | +0.10% | 0.0% | $2.93M |
| INV | Innventure | $0.32 | -4.31% | 95.9% | $2.49M |
| PAII | Pyrophyte Acquisition Corp. II | $10.32 | +0.06% | 0.3% | $2.55M |
TONT-WT Revenue, Net Income, Cash & Debt
- Net income (quarter ended Jun 30, 2026): $-507.05K
TONT-WT 52-Week High & Low
TONT-WT's 52-week range is $0.24 to $0.27. At $0.24 it is 10.9% below the 52-week high and 0.0% above the 52-week low.
TONT-WT Valuation: P/E, P/S, P/B, Margins & Cash vs Debt
Computed from Graf Global's SEC XBRL filings and the latest price. A ratio is left out when its denominator is zero or negative.
| Measure | Value | How it is calculated |
|---|---|---|
| Market value | $1.20M | price $0.24 × 5.00M diluted weighted-average shares (Mar 31, 2024) |
TONT-WT 5%+ Holders: Schedule 13D / 13G Filings
Filings by investors reporting a stake of 5% or more (13D = active, 13G = passive), newest first, from SEC EDGAR:
- SCHEDULE 13G/A filed Sep 8, 2026
- SCHEDULE 13G filed Aug 14, 2026
- SCHEDULE 13G/A filed Aug 14, 2026
- SCHEDULE 13G filed Aug 14, 2026
- SCHEDULE 13G/A filed Aug 14, 2026
- SCHEDULE 13G/A filed Aug 14, 2026
Latest TONT-WT SEC 8-K & 10-Q Filings
Every SEC filing by or about TONT-WT in the last 120 days, explained in plain English. Updated daily, with a same-day refresh for new filings.
Oct 22, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 7.01 — Released information under Regulation FD (e.g. a presentation or press release).
Sep 29, 2026 · Form 8-K — Major event / current report
Current report — a filing companies must make within 4 business days of a major event
- Item 8.01 — Reported other events the company considers important.
Sep 8, 2026 · Form SCHEDULE 13G/A — Update to a passive 5%+ stake (13G)
Update to a passive 5%+ stake (13G)
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 14, 2026 · Form 10-Q — Quarterly report
Quarterly report (unaudited financial statements for the quarter)
Quarter ended Jun 30, 2026:
- Net income: -$507.05K (prior year $2.30M) (loss widened vs Jun 30, 2025)
Aug 14, 2026 · Form SCHEDULE 13G — Passive stake (13G)
Passive stake (13G) — an investor reported owning more than 5%
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 14, 2026 · Form SCHEDULE 13G/A — Update to a passive 5%+ stake (13G)
Update to a passive 5%+ stake (13G)
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 14, 2026 · Form SCHEDULE 13G — Passive stake (13G)
Passive stake (13G) — an investor reported owning more than 5%
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 14, 2026 · Form SCHEDULE 13G/A — Update to a passive 5%+ stake (13G)
Update to a passive 5%+ stake (13G)
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 14, 2026 · Form SCHEDULE 13G/A — Update to a passive 5%+ stake (13G)
Update to a passive 5%+ stake (13G)
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Aug 14, 2026 · Form SCHEDULE 13G — Passive stake (13G)
Passive stake (13G) — an investor reported owning more than 5%
Filed by an outside investor (not the company). It reports a holding of more than 5% of a share class; percentage and holder name are in the filing.
Things to know before you trade TONT-WT
- How much it moves: over the last 20 sessions the average daily move was 3.80% (largest 3.8%). That is a volatile stock.
- Liquidity: about 1.29K shares (≈$311) trade per day on average. Thin volume can mean wider bid/ask spreads.
- 52-week position: $0.24 vs a range of $0.24–$0.27 (0% of the range).
- Dividends: no cash dividends in the last 2 years.
- Splits: none in the last 2 years.
- Insider trades (Form 4, last 12 months, recent 25 shown): 0 open-market buys, 0 sales.
- Latest filings: 8-K Oct 22, 2026; 8-K Sep 29, 2026; 10-Q Aug 14, 2026.
- Listing: NYSE · industry: Blank Checks.
TONT-WT market data (last 20 sessions)
| Date | Open | High | Low | Close | Volume |
|---|---|---|---|---|---|
| Oct 23, 2026 | 0.24 | 0.24 | 0.24 | 0.24 | 384 |
| Oct 15, 2026 | 0.27 | 0.27 | 0.25 | 0.25 | 2.20K |
About Graf Global
Graf Global (TONT-WT) is listed on the NYSE and classified by the SEC under “Blank Checks”. Its business address is in THE WOODLANDS, TX. State of incorporation: Cayman Islands. Fiscal year ends December 31. SEC CIK 1897463.
TONT-WT board of directors & executives
From SEC Form 3/4/5 insider filings made in the last 12 months (date = latest filing).
Directors
| Name | Role | Latest filing |
|---|---|---|
| Louis Belanger-Martin | Director | Jun 22, 2026 |
| Global Sponsor Llc Graf | Director | Jun 22, 2026 |
| James A Graf | CEO and CFO | Jun 22, 2026 |
| Kenneth Weinstein | Director | Jun 22, 2026 |
| Fred S Zeidman | Director | Jun 22, 2026 |
Executive officers
| Name | Title | Latest filing |
|---|---|---|
| James A Graf | CEO and CFO | Jun 22, 2026 |
Recent insider buys & sales
| Date | Insider | Type | Shares | Price |
|---|---|---|---|---|
| No open-market insider buys or sales reported in the last 12 months. | ||||
TONT-WT financials (annual, from XBRL filings)
| Fiscal year end | Revenue | Net income | Diluted EPS | Operating cash flow |
|---|---|---|---|---|
| Dec 31, 2025 | — | $8.02M | — | $-393.93K |
| Dec 31, 2024 | — | $5.23M | — | $-912.01K |
| Dec 31, 2023 | — | $-3.15K | 0.00 | — |
Latest balance sheet: total assets $91.40M, total liabilities $12.96M, cash $— (as of Jun 30, 2026).
TONT-WT earnings / results-day log
| Date | Filing | Close that day |
|---|---|---|
| No 8-K earnings releases in recent filings. | ||
Related stocks · Blank Checks
Bold Eagle Acquisition (BEAG)Southport Acquisition Corp. II (PORT-UN)Archimedes Tech SPAC Partners II (ATII)Blue Acquisition Corp/Cayman (BACC)Pine Tree Acquisition (PAXGU)EQV Ventures Acquisition Corp. II (EVAC)Innventure (INV)Pyrophyte Acquisition Corp. II (PAII)Bluerock Acquisition Corp. II (BRRKU)Drugs Made In America Acquisition II (DMII)
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Data comes from SEC EDGAR filings and public end-of-day market data and may be delayed or contain errors. Verify with the company's filings before making decisions. Prices: intraday data as of Oct 23, 2026, 2:47 PM ET. Filings: SEC EDGAR. Refreshed every 2 hours during US market hours.