Dune Acquisition Corp II’s Lock-Up Period To Expire Tomorrow (NASDAQ:IPODU)

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. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Dune Acquisition Corp II Trading Down 1.2%

Shares of NASDAQ IPODU opened at $10.23 on Friday. The company’s 50-day moving average is $10.24. Dune Acquisition Corp II has a fifty-two week low of $10.00 and a fifty-two week high of $10.35.

Institutional Investors Weigh In On Dune Acquisition Corp II

Several large investors have recently made changes to their positions in IPODU. JPMorgan Chase & Co. bought a new stake in shares of Dune Acquisition Corp II in the 2nd quarter valued at approximately $153,000. Clear Street LLC bought a new stake in shares of Dune Acquisition Corp II in the 2nd quarter valued at approximately $3,820,000. Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in Dune Acquisition Corp II in the 2nd quarter worth approximately $4,009,000. LMR Partners LLP acquired a new stake in Dune Acquisition Corp II in the 2nd quarter worth approximately $4,080,000. Finally, TENOR CAPITAL MANAGEMENT Co. L.P. acquired a new stake in Dune Acquisition Corp II in the 2nd quarter worth approximately $10,200,000.

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.