Summary by Futu AI
Global Gas Corporation, previously known as Dune Acquisition Corporation, has amended a Forward Purchase Agreement with Meteora Capital Partners and affiliates. The amendment, dated February 5, 2024, allows Global Gas to request up to $5 million in Prepayment Shortfall in increments of $250,000, subject to certain conditions. The amendment also modifies the Prepayment Shortfall Consideration, allowing for the sale of Recycled Shares without an Early Termination Obligation and adjusting the Share Consideration holding period. This amendment is detailed in the company's Form 8-K filed with the SEC, which includes the full text of the Amendment as Exhibit 10.1.