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The latest announcement is out from Dune Acquisition Corporation II Class A ( (IPOD) ).
On April 6, 2026, Collective Acquisition Corp. experienced a change in control of its board of directors, with the resignations of Carter Glatt, Michael Castaldy, Ben Coates, Jeron Smith, and Cecil White. Elliot Richmond was appointed chairman, while David Bailin and Jeremy Sziklay joined as independent directors and were assigned to both the audit and compensation committees, signaling a refreshed governance structure for the SPAC.
On April 21, 2026, the company held an extraordinary general meeting at which 88.46% of outstanding ordinary shares were represented, establishing a strong quorum. Shareholders approved a special resolution to change the company’s name from Dune Acquisition Corporation II to Collective Acquisition Corp., while an adjournment proposal was rendered unnecessary due to sufficient support for the name change, underscoring broad shareholder backing for the firm’s new identity.
More about Dune Acquisition Corporation II Class A
Collective Acquisition Corp., formerly known as Dune Acquisition Corporation II, operates as a special purpose acquisition company (SPAC) focused on effecting mergers, share exchanges, or similar business combinations. The company issues Class A and Class B ordinary shares and targets potential acquisition opportunities as part of its capital markets strategy.
Average Trading Volume: 12,723
Technical Sentiment Signal: Strong Buy
Current Market Cap: $209.8M
See more data about IPOD stock on TipRanks’ Stock Analysis page.