Fort Baker Capital Management LP Acquires 6.5% Stake in Graf Global Corp. (GRAF)

On May 15, 2026, Fort Baker Capital Management LP, along with Steven Patrick Pigott and Fort Baker Capital, LLC, filed a Schedule 13G regarding their holdings in Graf Global Corp. (GRAF). The filing reveals that the reporting persons collectively acquired 1,496,519 Class A ordinary shares, representing a 6.5% ownership stake in the company. This acquisition marks a new position for the filers, as their previous ownership was reported as 0.0%. The shares are held directly by Fort Baker Capital Management LP, with Steven Patrick Pigott serving as Chief Investment Officer and Fort Baker Capital, LLC acting as General Partner. The reporting persons have shared voting and dispositive power over the reported shares. The filing indicates that the securities were acquired in the ordinary course of business and not for the purpose of influencing or changing the control of the issuer. The ownership percentage was calculated based on 23,000,000 Class A ordinary shares outstanding as of May 11, 2026.