---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-23-070262"
form_type: "8-K"
ticker: "HGAS"
cik: "0001817232"
company_name: "Global Gas Corp"
filed_at: "2023-08-23T23:59:59+00:00"
generated_at: "2026-06-11T04:56:11.041656+00:00"
event_type: "m_and_a"
sentiment: "neutral"
materiality_score: 0.7
calibrated_materiality_score: 0.7
confidence: "high"
source: SEC EDGAR
---

# Dune Acquisition reduces Global Hydrogen acquisition equity value to $48M from $57.5M

## Summary
- First Amendment to Unit Purchase Agreement dated August 22, 2023 reduces Company Equity Value to $48M.
- Previous Company Equity Value was $57.5M, representing a $9.5M reduction.
- Parties include Dune Acquisition Corporation, Global Gas Holdings, Global Hydrogen Energy, and Sellers.
- All other terms of the original Purchase Agreement remain unchanged.

## SEC filing metadata
- accession: 0001213900-23-070262
- form_type: 8-K
- ticker: HGAS
- cik: 0001817232
- company_name: Global Gas Corp
- filed_at: 2023-08-23T23:59:59+00:00
- event_type: m_and_a
- sentiment: neutral
- materiality_score: 0.7
- calibrated_materiality_score: 0.7
- confidence: high
- sec_items: 1.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/1817232/000121390023070262/0001213900-23-070262-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1817232/000121390023070262/ea184111-8k_duneacq.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-23-070262
- JSON: https://secwatch.observer/filing/0001213900-23-070262.json
- Plain text: https://secwatch.observer/filing/0001213900-23-070262.txt

## Key facts
- Material Agreements
  Global Gas Corp amended First Amendment to Unit Purchase Agreement with Dune, Holdings, Global Hydrogen and the Sellers valued at reduced from $57.5 million to $48.0 million (effective 2023-08-22).
  - Action: amendment
  - Counterparty: Dune, Holdings, Global Hydrogen and the Sellers
  - Value: reduced from $57.5 million to $48.0 million
  - Effective: 2023-08-22
  source text: On August 22, 2023, Dune, Holdings, Global Hydrogen and the Sellers entered into the First Amendment to Unit Purchase Agreement (the “Amendment”), pursuant to which the aggregate share consideration to be paid to the Sellers (as set forth in the “Company Equity Value” definition in the Purchase Agreement) was reduced from $57.5 million to $48.0 million.
  evidence_url: https://www.sec.gov/Archives/edgar/data/1817232/000121390023070262/0001213900-23-070262-index.htm

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