Workflow
Global Gas(HGAS)
icon
Search documents
Global Gas(HGAS) - 2023 Q1 - Quarterly Report
2023-05-09 20:40
Financial Position - As of March 31, 2023, the trust account held $11,855,267 in cash and investments, including approximately $34,000 in interest income available for tax obligations [121]. - The company had a working capital deficit of approximately $112,000 as of March 31, 2023, excluding tax obligations of approximately $128,000 [132]. - The company received $2.75 million from a settlement agreement with TradeZero in January 2023, which was primarily used to pay accounts payable and expenses [133]. - Stockholders redeemed approximately $160.7 million worth of public shares during the June 2022 special meeting, leaving approximately $11.8 million in the trust account [126]. - The Company has no borrowings under working capital loans as of March 31, 2023, and December 31, 2022 [148]. - As of March 31, 2023, there were $1,500 due to related parties [150]. Income and Expenses - For the three months ended March 31, 2023, the company reported a net income of approximately $1.2 million, driven by $2.1 million in other income and $93,000 in income from investments, offset by $674,000 in non-operating losses and $197,000 in general and administrative expenses [140]. - The Company incurred $30,000 in administrative services expenses for the three months ended March 31, 2023, under an agreement with the Sponsor [149]. - The company incurred approximately $10.0 million in offering costs during its initial public offering, including $6.0 million in deferred underwriting commissions [119]. Business Operations - The company has not generated any operating revenues to date and will only do so after completing a business combination [139]. - The company has until December 22, 2023, to complete a business combination; otherwise, it will cease operations and liquidate [122]. Tax and Regulatory Matters - The company is subject to a new 1% U.S. federal excise tax on stock repurchases, effective in 2023, which may affect its financial strategies [136]. Shareholder and Equity Information - The Sponsor purchased 3,737,500 Founder Shares for an aggregate price of $25,000, which were converted into 4,312,500 Founder Shares after a stock split [142]. - The private placement of 4,850,000 warrants at $1.00 each generated proceeds of $4,850,000, with $172,500,000 placed in the trust account at the closing of the initial public offering [144]. - The holders of Founder Shares and private placement warrants are entitled to registration rights, allowing them to demand registration for sale under the Securities Act [151]. Other Considerations - The company has been evaluating the impact of the COVID-19 pandemic, but the specific impact remains indeterminate as of the latest reporting date [135]. - The Sponsor agreed to loan up to $200,000 to cover IPO expenses, of which approximately $31,000 was borrowed and fully repaid [147]. - The Company did not have any off-balance sheet arrangements as of March 31, 2023, and December 31, 2022 [156]. - The underwriters exercised their over-allotment option in full, resulting in the issuance of 2,250,000 additional units and an underwriting discount of $3,450,000 [152]. - The Company has not identified any critical accounting estimates that could significantly affect its financial statements [154].
Global Gas(HGAS) - 2022 Q4 - Annual Report
2023-04-10 20:02
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2022 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-39819 DUNE ACQUISITION CORPORATION (Exact Name of Registrant as Specified in Its Charter) (State or Other ...
Global Gas(HGAS) - 2022 Q3 - Quarterly Report
2022-11-14 21:20
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2022 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________ to ___________ Commission File Number 001-39819 DUNE ACQUISITION CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 85- ...
Global Gas(HGAS) - 2022 Q2 - Quarterly Report
2022-08-17 17:45
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2022 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________ to ___________ (Exact Name of Registrant as Specified in Its Charter) Delaware 85-1617911 (State or Other Jurisdiction of Incorporation or Organizati ...
Global Gas(HGAS) - 2022 Q1 - Quarterly Report
2022-05-16 21:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2022 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________ to ___________ Commission File Number 001-39819 DUNE ACQUISITION CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 85-1617 ...
Global Gas(HGAS) - 2021 Q4 - Annual Report
2022-03-29 16:58
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2021 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ Commission File Number: 001-39819 DUNE ACQUISITION CORPORATION (Exact Name of Registrant as Specified in Its Charter) (State or Other ...
Global Gas(HGAS) - 2021 Q3 - Quarterly Report
2021-11-12 20:00
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________ to ___________ Commission File Number 001-39819 DUNE ACQUISITION CORPORATION (Exact Name of Registrant as Specified in Its Charter) Delaware 85- ...
Global Gas(HGAS) - 2021 Q2 - Quarterly Report
2021-08-16 17:11
Or UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2021 ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________ to ___________ Commission File Number 001-39819 DUNE ACQUISITION CORPORATION (Exact Name of Registrant as Specified in Its Charter) | Delaware | 85-1 ...
Global Gas(HGAS) - 2021 Q1 - Quarterly Report
2021-06-21 20:07
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2021 Or ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from__________ to ___________ Commission File Number 001-39819 DUNE ACQUISITION CORPORATION (Exact Name of Registrant as Specified in Its Charter) | Delaware | 85- ...
Global Gas(HGAS) - 2020 Q4 - Annual Report
2021-03-29 20:06
UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal year ended December 31, 2020 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from ____________ to ____________ FORM 10-K (Mark One) Commission File Number: 001-39819 DUNE ACQUISITION CORPORATION (Exact Name of Registrant as Specified in Its Charter) (State or Other ...