Dune Acquisition Corporation
DUNEW
NASDAQ Capital Market0.04
USD
+0.01
- -
CIK
0001817232
ISIN
US2653341105
CUSIP
265334110
Return %
Stock
S&P500
1Y
36.99
18.21
3Y
-97.65
64.38
5Y
-97.65
72.43
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- CEO
- Carter Glatt
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 700 South Rosemary Avenue West Palm Beach FL United States of America
- IPO Date
- Feb 19, 2021
- CIK
- 0001817232
- Similar Companies
- Business
- Dune Acquisition Corporation (Nasdaq: DUNEW) is a blank check company, or special purpose acquisition company (SPAC), focused on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses, primarily targeting opportunities in the technology sector including software as a service (SaaS) models. The company offers no operational products or services beyond its SPAC structure, which provides public market access to private companies through de-SPAC transactions; its warrants (DUNEW) facilitate investor participation in potential business combinations. Founded in 2020 by Carter Glatt and headquartered at 700 S. Rosemary Avenue, Suite 204, West Palm Beach, Florida, the company completed an upsized $172.5 million initial public offering in December 2020, with units initially trading as DUNEU and later separating into common stock (DUNE) and warrants (DUNEW). In 2021, Dune announced a proposed business combination with TradeZero Holding Corp. to create TradeZero Global Inc., valued at approximately $556 million enterprise value, but the merger terminated amid allegations of fraud and breach of agreement by TradeZero, leading to litigation that settled in late 2022. The company continues to seek merger targets without a current business combination announced as of late 2025. Notably, a separate entity, Dune Acquisition Corporation II (Nasdaq: IPOD, IPODW, IPODU), founded by the same management team in 2024, completed a $143.75 million IPO in May 2025 and enabled separate trading of its Class A shares and warrants in June 2025, focusing on SaaS, artificial intelligence, medtech, asset management, and consultancy sectors; however, Dune Acquisition Corporation remains distinct and pre-combination. Operations are based in the United States with no specified international segments or subsidiaries.