Dune Acquisition Corporation - Ordinary Shares - Class A

NASDAQ:DUNE  
9.87
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Debt Financing / Related, Exchange Changes, Mergers / Acquisitions

Tradezero To Become Publicly Traded Company Through Business Combination With Dune Acquisition Corporation

Published: 10/12/2021 10:36 GMT
Dune Acquisition Corporation - Ordinary Shares - Class A (DUNE) - Tradezero, a Next-generation, Active Trading Platform, to Become a Publicly Traded Company Through a Business Combination With Dune Acquisition Corporation.
Dune Acquisition Corp - Deal for Estimated Post-transaction Enterprise Value of $556 Million.
Dune Acquisition Corp - Carter Glatt, CEO & Founder of Dune, to Join Tradezero Board of Directors.
Dune Acquisition Corp - Tradezero Will Continue to Be Led by Daniel Pipitone, Co-founder & CEO of Tradezero Holding Corp.
Dune Acquisition Corp - Existing Tradezero Equity Holders, Including Management Team, Will Roll 100% of Their Equity Into Combined Co.
Dune Acquisition Corp - Combined Co Will Be Called Tradezero Global Inc. Upon Closing & Expected to Be Listed on Nyse Under New Ticker Symbol, "trad".
Dune Acquisition Corp - Cash Proceeds of Business Combination Will Fund Up to $160 Million of Cash to Tradezero's Balance Sheet.
Dune Acquisition Corp - Existing Tradezero Equity Holders Will Remain Largest Stockholders in Combined Co With About 70% of Ownership.
Dune Acquisition Corp - Cash Components of Transaction Will Be Funded by Dune's Cash in Trust of $172.5 Million.