Company: IPODW
Filing Date: 2025-03-07
Form Type: S-1
Source: 0001213900-25-021721
Chunk: 5

Company: Dune Acquisition Corp II
Filing Date: 2025-03-07
Form: S-1
Chunk 5
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 issuable upon conversion of all Class B ordinary shares will equal, in the aggregate, approximately 28.6% of the sum of (i) the total number of all Class A ordinary shares outstanding upon the completion of this offering (including any Class A ordinary shares issued pursuant to the underwriters’ over -allotmentoption and excluding the Class A ordinary shares underlying the private placement warrants issued to the sponsor), plus (ii) all Class A ordinary shares and equity -linkedsecurities issued or deemed issued in connection with our initial business combination (excluding any shares or equity -linkedsecurities issued, or to be issued, to any seller in the initial business combination and any private placement -equivalentwarrants issued to our sponsor or any of its affiliates or to our officers and directors upon conversion of working capital loans) minus (iii) any redemptions of Class A ordinary shares by public shareholders in connection with an initial business combination. Prior to the closing of our initial business combination, only holders of our Class B ordinary shares (i) will have the right to appoint and remove directors prior to or in connection with the completion of our initial business combination and (ii) will be entitled to vote on continuing our company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). On any other matters submitted to a vote of our shareholders prior to or in connection with the completion of our initial business combination, holders of the Class B ordinary shares and holders of the Class A ordinary shares will vote together as a single class, except as required by law. In addition, our sponsor has committed to purchase an aggregate of 1,880,000 warrants (or 2,000,000 warrants if the underwriters’ over -allotmentoption is exercised in full), each exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $1.00 per warrant, or $1,880,000 (or $2,000,000 in the aggregate if the underwriters’ over -allotmentoption is exercised in full), in a private placement that will close simultaneously with the closing of this offering; we refer to these warrants as the “private placement warrants”. Certain institutional investors (none of which are affiliated with any member of our management, our sponsor or any other investor), which we refer to as