Dune Acquisition Corp II’s (NASDAQ:IPODU) Lock-Up Period To Expire on November 3rd

Dune Acquisition Corp II’s (NASDAQ:IPODU) lock-up period will expire on Monday, November 3rd. Dune Acquisition Corp II had issued 12,500,000 shares in its public offering on May 7th. The total size of the offering was $125,000,000 based on an initial share price of $10.00. After the end of the company’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Dune Acquisition Corp II Stock Performance

Dune Acquisition Corp II stock opened at $10.35 on Wednesday. Dune Acquisition Corp II has a 1 year low of $10.00 and a 1 year high of $10.35. The company’s 50-day simple moving average is $10.23.

Institutional Trading of Dune Acquisition Corp II

A number of institutional investors have recently bought and sold shares of the business. TENOR CAPITAL MANAGEMENT Co. L.P. bought a new stake in shares of Dune Acquisition Corp II during the 2nd quarter valued at $10,200,000. LMR Partners LLP acquired a new stake in shares of Dune Acquisition Corp II during the second quarter worth $4,080,000. JPMorgan Chase & Co. bought a new stake in Dune Acquisition Corp II in the second quarter valued at about $153,000. Clear Street LLC acquired a new position in Dune Acquisition Corp II in the second quarter valued at about $3,820,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in Dune Acquisition Corp II during the second quarter worth about $4,009,000.

About Dune Acquisition Corp II

We are a blank check company incorporated as a Cayman Islands exempted company and incorporated for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.