# Dune Acquisition Corp III — spac/ipo [completed]
Source: SEC API (secapi.ai) · situation sit_a9062ed5513843f32259 · retrieved 2026-08-11T16:10:45.398Z

## Overview
Dune Acquisition Corporation III is a blank-check company formed to identify and consummate a merger, amalgamation, share exchange, asset acquisition, or similar business combination with one or more operating businesses, with a focus on digital assets, sports & entertainment, software-as-a-service, and artificial intelligence sectors.

Dune Acquisition Corporation III, a Cayman Islands blank-check company, is conducting an initial public offering of 10,000,000 units at $10.00 per unit, raising $100,000,000 in gross proceeds. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant exercisable at $11.50 per share. The company has not yet identified a business combination target and intends to pursue a merger, amalgamation, share exchange, asset acquisition, or similar business combination in any industry or geographic location, with a current focus on digital assets, sports & entertainment, SaaS, and artificial intelligence sectors. The underwriters have a 45-day option to purchase up to 1,500,000 additional units to cover over-allotments.

## Terms
- Deal value: $100.0M · Consideration: cash · Price/share: $10

## Key dates
- Completed 2026-07-27

## Timeline
- 2026-07-27 · S-1/A (0001213900-26-081909): S-1/A - Dune Acquisition Corp III — *Dune Acquisition Corporation III is a blank-check company formed to identify and consummate a merger, amalgamation, share exchange, asset acquisition, or similar business combination with one or more operating businesses, with a focus on digital assets, sports & entertainment, software-as-a-service, and artificial intelligence sectors.* Dune Acquisition Corporation III, a Cayman Islands blank-check company, is conducting an initial public offering of 10,000,000 units at $10.00 per unit, raising $100,000,000 in gross proceeds. Each unit consists of one Class A ordinary share and one-half of one redeemable warrant exercisable at $11.50 per share. The company has not yet identified a business combination target and intends to pursue a merger, amalgamation, share exchange, asset acquisition, or similar business combination in any industry or geographic location, with a current focus on digital assets, sports & entertainment, SaaS, and artificial intelligence sectors. The underwriters have a 45-day option to purchase up to 1,500,000 additional units to cover over-allotments.
  https://www.sec.gov/Archives/edgar/data/2095476/0001213900-26-081909.txt

## Citations
- 0001213900-26-081909 — https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&type=&dateb=&owner=include&count=40&search_text=000121390026081909