secwatch / observer
8-K filed December 30, 2022, 6:59 PM ET ticker HGAS CIK 0001817232
other material confidence high sentiment negative materiality 0.70

Dune Acquisition terminates TradeZero merger, settles litigation for $5M

Global Gas Corp

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Global Gas Corp entered into Settlement Agreement with TradeZero Holding Corp., Daniel Pipitone, Giovanni Ferrari, John Muscatella, Joshua Choi, Andrew Koslow, John Caruso, and Kosta Corriveau valued at $5,000,000.00 (effective 2022-12-28).

Action
entry
Agreement
settlement
Counterparty
TradeZero Holding Corp., Daniel Pipitone, Giovanni Ferrari, John Muscatella, Joshua Choi, Andrew Koslow, John Caruso, and Kosta Corriveau
Value
$5,000,000.00
Effective
2022-12-28
Exact text from the filing
On December 28, 2022, Dune Acquisition Corporation, a Delaware corporation (“Dune”), Dune Merger Sub, Inc., a Delaware corporation and a direct wholly-owned subsidiary of Dune (“Merger Sub”), Dune Merger Sub II, LLC, a Delaware limited liability company and direct, wholly-owned subsidiary of Dune (“Merger Sub II”), Dune Acquisition Holdings LLC (“Sponsor” and, together with Dune, Merger Sub and Merger Sub II, “Plaintiffs”) entered into a Settlement Agreement and Release (the “Settlement Agreement”) with TradeZero Holding Corp., a Delaware corporation (“TradeZero”), Daniel Pipitone, Giovanni Ferrari, John Muscatella, Joshua Choi, Andrew Koslow, John Caruso, and Kosta Corriveau (together with TradeZero, “Defendants”)
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

Global Gas Corp terminated Merger Agreement with TradeZero Holding Corp..

Action
termination
Agreement
merger
Counterparty
TradeZero Holding Corp.
Exact text from the filing
Dune and TradeZero mutually agreed to terminate the Agreement and Plan of Merger, by and among Dune, Merger Sub, Merger Sub II and TradeZero, dated as of October 12, 2021, as amended by that certain First Amendment to the Agreement and Plan of Merger, dated as of January 26, 2022 (as amended, the “Merger Agreement”)
View on SEC.gov

197 material agreements filed in the last 30 days. Browse all material agreements →

Global Gas Corp filing history →

Source: SEC EDGAR
accession 0001213900-22-084108
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