Company: IPODW
Filing Date: 2025-05-14
Form Type: 8-K
Source: 0001213900-25-043358
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Company: Dune Acquisition Corp II
Filing Date: 2025-05-14
Form: 8-K
Item: Item 8.01
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Item 8.01. Other Events.

On May 8, 2025, Dune Acquisition Corporation II (the “ Company”)
consummated its initial public offering (“ IPO”) of 14,375,000 (the “ Units”), including the issuance of 1,875,000
Units as a result of the underwriters’ exercise of their over-allotment option in full. Each Unit consists of one Class A ordinary
share of the Company, par value $0.0001 per share (the “ Class A ordinary shares”), and three-quarters of one redeemable warrant
of the Company (“ Warrant”), with each whole Warrant entitling the holder thereof to purchase one Class A ordinary share for
$11.50 per share, subject to adjustment. The Units were sold at a price of $10.00 per Unit, generating gross proceeds to the Company of
$143,750,000.

On May 8, 2025, simultaneously with the consummation of the IPO, the
Company completed the private sale (the “ Private Placement”) of an aggregate of 2,000,000 warrants (the “ Private Placement
Warrants”) to Dune Acquisition Holdings II LLC at a purchase price of $1.00 per Private Placement Warrant, generating gross proceeds
to the Company of $2,000,000.

A total of $144,109,375, comprised of $142,109,375 of the proceeds
from the IPO (which amount includes up to $5,750,000 of the underwriters’ deferred discount) and $2,000,000 of the proceeds of the
sale of the Private Placement Warrants, was placed in a U. S.-based trust account at J. P. Morgan Chase Bank, N. A. maintained by Continental
Stock Transfer & Trust Company, acting as trustee.

An audited balance sheet as of May 8, 2025 reflecting receipt of the
proceeds upon consummation of the IPO and the Private Placement has been issued by the Company and is included as Exhibit 99.1 to this
Current Report on Form 8-K.

Item 9.01 Financial Statements and Exhibits.