Description
Dune Acquisition is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. We have not selected any specific business combination target and we have not, nor has anyone on our behalf, engaged in any substantive discussions, directly or indirectly, with any business combination target with respect to an initial business combination with us. Although we may pursue an acquisition opportunity in any business or industry, we intend to focus on opportunities in the technology sector, particularly companies pursuing a Software as a Service, or SaaS, model. We believe that the world as we know it is undergoing structural and paradigmatic shifts in the ways in which we work, interact and travel, due in large part to the COVID-19 pandemic. We have seen the pandemic catalyze and accelerate a new level of ingenuity and innovation as the world has gone virtual, highlighting the importance and necessity of software. Preeminent companies are developing and implementing plans to permanently shift to a remote workforce, and others are shifting to a more distributed workforce throughout the world. We believe that software companies, particularly SaaS companies, who deliver scalable, rapidly deployable and efficient solutions, will continue to be the natural beneficiaries of this environment.