Brief: Global Hydrogen Energy LLC To Become A Publicly Traded Company Through A Business Combination With Dune Acquisition Corporation
15/05/2023 12:56
May 15 (Reuters) - Dune Acquisition Corp DUNE.O :
* GLOBAL HYDROGEN ENERGY LLC TO BECOME A PUBLICLY TRADED
COMPANY
THROUGH A BUSINESS COMBINATION WITH DUNE ACQUISITION CORPORATION
* DUNE ACQUISITION CORP - TO COMPLETE BUSINESS COMBINATION
WITH
GLOBAL HYDROGEN AT A PRO FORMA COMBINED ENTERPRISE VALUE OF
ABOUT $112 MILLION
* DUNE ACQUISITION CORP - COMBINED CO TO BE CALLED GLOBAL
GAS
CORPORATION UPON CLOSING OF BUSINESS COMBINATION
* DUNE ACQUISITION CORP - COMBINED CO'S COMMON STOCK IS
EXPECTED
TO BE LISTED ON NASDAQ UNDER NEW TICKER SYMBOL “HGAS”
* DUNE ACQUISITION CORP - BOARD OF DIRECTORS OF DUNE,
MANAGERS &
UNITHOLDERS OF GLOBAL HYDROGEN HAVE UNANIMOUSLY APPROVED
PROPOSED BUSINESS COMBINATION
Source text for Eikon: ID:
Further company coverage: DUNE.O
((Reuters.Brief@thomsonreuters.com;))
Recent news on Global Gas
See all newsBrief: Global Gas Corp On June 21, Co Got Notice From Nasdaq
Brief: Global Gas Corp -Effective June 17, Terminated Its Chief Executive Officer, William Bennet Nance, Jr.
Brief: Dune Acquisition, Global Gas Holdings, Global Hydrogen Energy & Sellers Entered Into Second Amendment To Unit Purchase Agreement
Brief: Dune Acquisition Corp, Global Hydrogen And Sellers Entered Into First Amendment To Unit Purchase Agreement On Aug 22
Brief: Dune Acquisition's FY22 Financial Statements To Be Restated To Correct Net Income