Dune Acquisition Corporation (NASDAQ:DUNEU, DUNE, DUNEW))))) ("Dune"), a special purpose acquisition company, today announced that, on April 6, 2022, Dune publicly filed a complaint in Delaware court, which alleges, among other things, that TradeZero and the other defendants named therein fraudulently induced Dune to enter into the Agreement and Plan of Merger among Dune, TradeZero and the other parties thereto (the "Merger Agreement) and that TradeZero has materially breached the Merger Agreement. On April 14, 2022, TradeZero and the other defendants accepted service of the complaint. TradeZero's material breach of the Merger Agreement has and will cause irreparable injury to Dune, and Dune intends to take all necessary steps to protect Dune and its investors, including by pursuing remedies through litigation.
Dune is continuing to work with TradeZero under the terms of the Merger Agreement to finalize the proxy statement and intends to call a special meeting of Dune's stockholders to vote on the business combination with TradeZero (the "Business Combination") as promptly as practicable.
If the Business Combination is approved by Dune's stockholders, there remains a risk that one or more conditions to closing in the Merger Agreement will not be satisfied. Dune reserves its rights to assert that those or other conditions to closing cannot be satisfied, as well as other rights under the Merger Agreement.
Dune Acquisition Corporation(ナスダック：DUNE，DUNE，DUNW)は、特別目的買収会社であり、Duneは2022年4月6日にTradeZeroとその中で指名された他の被告とDuneがDune、TradeZeroと他の当事者との間の合併協定および計画(以下、“合併協定”と略す)を締結させることを詐欺的に誘導し、TradeZeroは合併協定に深刻に違反していると発表した。2022年4月14日、TradeZeroら被告は訴状を受けて送達した。TradeZeroの合併協定への実質的な違反はすでにDuneに取り返しのつかない損害を与えることになり，Duneは訴訟による救済を含むDuneとその投資家を保護するために必要なすべてのステップをとるつもりである.
合併合意の条項により，Duneは引き続きTradeZeroと連携して依頼書を決定し，Dune株主特別会議を開催し，TradeZeroとの業務統合(“業務統合”)について早急に採決する予定である.
業務合併がDune株主の承認を得た場合、合併協定の1つまたは複数の完了条件が満たされない可能性がある。Duneは、閉じたまたは他の条件を満たすことができないと主張する権利と、合併プロトコル下の他の権利とを保持する。
