Company: IPODW
Filing Date: 2025-05-08
Form Type: 424B4
Source: 0001213900-25-040894
Chunk: 15

Company: Dune Acquisition Corp II
Filing Date: 2025-05-08
Form: 424B4
Chunk 15
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 directors |     | Repayment of working capital loans to finance transaction costs in connection with an initial business combination |     | Up to $1,500,000 in working capital loans may be convertible into private placement warrants of the post-business combination entity at a price of $1.00 per warrant at the option of the lender |

____________ (1)The Class B ordinary shares will automatically convert into Class A ordinary shares at the time of our initial business combination, or earlier at the option of the holder, on a one -for -onebasis, subject to the adjustment as provided herein. In the case that additional Class A ordinary shares, or equity -linkedsecurities (as described herein), are issued or deemed issued in excess of the amounts issued in this offering and related to the closing of our initial business combination, the ratio at which the Class B ordinary shares will convert into Class A ordinary shares will be adjusted (unless the holders of a majority of the issued and outstanding Class B ordinary shares agree to waive such anti -dilutionadjustment with respect to any such issuance or deemed issuance) so that the number of Class A ordinary shares issuable upon conversion of all Class B ordinary shares will equal, in the aggregate, on an as -convertedbasis, approximately 28.4% of the sum of all Class A ordinary shares issued and 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). The anti -dilutionprovisions in our Class B ordinary shares may result in material dilution to the public shareholders. (2)The non -managingsponsor investors have expressed an interest to purchase, indirectly through the purchase of non -managingsponsor membership interests, an aggregate of 1,000,000 private placement warrants at a price of $1.00 per warrant ($1,000,000 in the aggregate) in a private placement that will close simultaneously with the closing of this offering. (3)Subject to each non -managingsponsor investor indirectly purchasing, through our sponsor, the private placement warrants allocated to it, sponsor will issue membership interests at a nominal purchase price of approximately $0.001 to the non -managingsponsor investors reflecting interests in an aggregate of 1,000,000 founder shares held by sponsor. Because our sponsor acquired the founder shares at a nominal price of approximately $0.004 per founder share, our public