Dune Acquisition Corp to acquire TradeZero in ~$500M SPAC merger

Global Gas Corp

TradeZero stockholders to receive shares of New TradeZero valued at $500M; $30M pre-closing cash disbursement possible.
Earn-out up to 9 million shares at $12, $15, $18 price thresholds over three years post-closing.
Closing requires at least $80M in trust proceeds after redemptions; subject to HSR, FINRA, and NYSE listing.
Lock-up: 180 days for common stock; later of 30 days post-close or Dec 22, 2021 for private warrants.
Post-closing board: 7 directors; TradeZero nominates founders plus independent, Dune nominates 4 independents.

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