Company: IPODW
Filing Date: 2025-04-29
Form Type: S-1/A
Source: 0001213900-25-036656
Chunk: 269

Company: Dune Acquisition Corp II
Filing Date: 2025-04-29
Form: S-1/A
Chunk 269
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 shares, if any, in favor of our initial business combination even if the combined company may decline in value and be unprofitable for public shareholders 174 after our initial business combination. Furthermore, in the event that we need to seek the forfeiture, transfer, exchange or amendment of the terms of NMSI private placement warrants in connection with our initial business combination, we will need to obtain the consent of the holders, directly or indirectly (as a result of their ownership in membership interests of the sponsor), of a majority of the NMSI private placement warrants. If we are unable to obtain such consent, our ability to complete our initial business combination may be negatively impacted. For a discussion regarding certain risks relating to the NMSI private placement warrants, see “Risk Factors — Since our sponsor, officers and directors, any other holder of our founder shares, and any other holder of our founder shares, including any non -managingsponsor investors, may lose their entire investment in us if our initial business combination is not completed (other than with respect to public shares they may acquire during or after this offering), and because our sponsor, officers and directors and any other holder of our founder shares, including any non -managingsponsor investors, directly or indirectly may profit substantially from a business combination as a result of their ownership of founder shares even under circumstances where our public shareholders would experience losses in connection with their investment, a conflict of interest may arise in determining whether a particular business combination target is appropriate for our initial business combination” and “Risk Factors — If we seek, but are unable to obtain, the consent of the holders, directly or indirectly (as a result of their ownership in membership interests of the sponsor), of a majority of the NMSI private placement warrants, in connection with any forfeiture, transfer, exchange or amendment of the terms of NMSI private placement warrants in connection with a business combination, our ability to complete a business combination may be negatively impacted.” Dividends We have not paid any cash dividends on our ordinary shares to date and do not intend to pay cash dividends prior to the completion of our initial business combination. A Cayman Islands company may pay a dividend on its shares out of either profit or the share premium account, provided that in no circumstances may a dividend be paid if following such payment the company would be unable to pay its debts as they fall due in the ordinary course of business. The payment of cash dividends following completion of our initial business combination will be within the discretion of our board of directors at such time