Dune Acquisition registered an additional 2 million shares priced at $10 each to upsize its IPO more than 13 percent to $150 million.
Units begin trading today on the Nasdaq under “DUNEU”. After the securities begin separate trading, shares and warrants are expected to list under “DUNE” and “DUNEW,” respectively. The offering is expected to close Dec. 22.
The SPAC said it intends to focus “on opportunities in the technology sector, particularly companies pursuing a Software as a Service, or SaaS, model.” Read more.
