- CEO
- Elliot Richmond
- Full Time Employees
- 2
- Sector
- Financial Services
- Industry
- Shell Companies
- Address
- 700 S. Rosemary Avenue, Suite 204 West Palm Beach FL United States of America 33401
- IPO Date
- May 7, 2025
- Business
- Dune Acquisition Corporation II Units (IPODU) represent bundled securities of Dune Acquisition Corporation II, a blank check company incorporated in the Cayman Islands that focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, with a targeted emphasis on software as a service (SaaS), artificial intelligence (AI), medtech, asset management and consultancy sectors; each unit consists of one Class A ordinary share and three-quarters of one redeemable warrant. Founded in 2024 by Carter Glatt and headquartered at 700 S. Rosemary Avenue, Suite 204, West Palm Beach, Florida, the company operates globally in pursuit of initial business combination opportunities without current revenue-generating products or services beyond its SPAC structure. In May 2025, it completed an initial public offering of 12.5 million units at $10.00 each, raising $125.0 million after downsizing from an original target of 15.0 million units; on June 12, 2025, holders commenced separate trading of the underlying Class A ordinary shares (IPOD) and warrants (IPODW) on Nasdaq, with unseparated units continuing under IPODU, while no business combination target has been announced as of late 2025.