Dune Acquisition Corporation II (NASDAQ:IPODU) announced the pricing of its $125 million IPO and its units are expected to begin trading on the Nasdaq under the symbol “IPODU”, Wednesday, May 7, 2025.
The new SPAC aims expects to conduct a broad search for a combination target, but is interested in companies that are in the software as a service, artificial intelligence, medtech or asset management and consultancy sectors.
Dune Acquisition Corporation II is led by Chief Executive Officer and Chairman Carter Glatt alongside Chief Financial Officer Michael Castaldy. In addition, the Board includes Ben Coates, Jeron Smith and Cecil White III.
Total SPAC deal count for 2025 year-to-date is now 37. This offering is expected to close on Thursday, May 8, 2025.
Clear Street is acting as sole book-runner of the offering. Edelman Legal Advisory PLLC is serving as Issuer’s Counsel with Greenberg Traurig LLP serving as Underwriter’s Counsel. Grassi Co. CPAs PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.
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