---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-21-052197"
form_type: "8-K"
ticker: "HGAS"
cik: "0001817232"
company_name: "Global Gas Corp"
filed_at: "2021-10-12T23:59:59+00:00"
generated_at: "2026-06-28T21:34:34.013558+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.85
calibrated_materiality_score: 0.85
confidence: "high"
source: SEC EDGAR
---

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

## Summary
- 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.

## SEC filing metadata
- accession: 0001213900-21-052197
- form_type: 8-K
- ticker: HGAS
- cik: 0001817232
- company_name: Global Gas Corp
- filed_at: 2021-10-12T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.85
- calibrated_materiality_score: 0.85
- confidence: high
- sec_items: 1.01, 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817232/000121390021052197/0001213900-21-052197-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817232/000121390021052197/ea148641-8k_duneacq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-21-052197
- JSON: https://secwatch.observer/filing/0001213900-21-052197.json
- Plain text: https://secwatch.observer/filing/0001213900-21-052197.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.