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Announced

TradeZero to go public via a merger with Dune Acquisition in a $556m deal.

Synopsis

TradeZero, an online broker-dealer, agreed to go public via a merger with Dune Acquisition, a blank check company, in a $556m deal. “Fundamentally, we are a trading platform designed for the rapidly evolving demands of the individual active trader. As traders’ sophistication has increased across the retail community, we have built a new age system focused on providing the flexible capabilities needed to equalize the playing field when transacting in US equities and equity options. We believe that we are in the early-innings of addressing an underserved end-market ripe for continued investment. As such, we are pleased to announce this milestone of a public listing and partnership with Dune, which we believe will accelerate our strategic direction to best capitalize on the expanding scope of active trading,” Daniel Pipitone, TradeZero Co-Founder and CEO.

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