Dune Acquisition announced that holders of the units sold in the SPAC’s IPO may separately trade shares stock and warrants starting Feb. 19.
Stock and warrants that are separated will trade on the Nasdaq under DUNE and DUNEW,” respectively. Those units not separated will continue to trade under DUNEU.
Dune raised $172.5 million in a December IPO. The SPAC is targeting SaaS companies. Read more.