Company: IPODW
Filing Date: 2025-05-08
Form Type: 424B4
Source: 0001213900-25-040894
Chunk: 172

Company: Dune Acquisition Corp II
Filing Date: 2025-05-08
Form: 424B4
Chunk 172
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 of non -managing sponsor 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. Subject to each non -managing sponsor 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 -managing sponsor investors reflecting interests in an aggregate of 1, 000,000 f ounder shares held by sponsor. Prior to or in connection with the completion of our initial business combination, there may be payment by the company to our officers, independent directors, advisors, or their respective affiliates, of a finder’s fee, advisory fee, consulting fee or success fee for any services they render in order to effectuate the completion of our initial business, which, if made prior to the completion of our initial business combination, will be paid from funds held outside the trust account. Our audit committee will review on a quarterly basis all payments that were made to our sponsor, officers, directors or our or their affiliates. We will reimburse our sponsor in an amount equal to $15,000 per month for utilities and secretarial and administrative support made available to us. Upon completion of our initial business combination or our liquidation, we will cease paying these monthly fees. Prior to the closing of this offering, our sponsor may loan us funds in an aggregate amount of up to $150,000 to be used for a portion of the expenses of this offering. These loans would be non -interest bearing, unsecured and are due at the earlier of June 30, 2025 and the closing of this offering. As of March 31, 2025, we had borrowed $150,000 under the promissory note with our sponsor. In order to finance transaction costs in connection with an intended initial business combination, our sponsor or an affiliate of our sponsor or certain of our officers and directors may, but are not obligated to, loan us funds as maybe required on a non -interestbasis. If we complete an initial business combination, we would repay such loaned amounts. In the event that the initial business combination does not close, we may use amounts held outside the trust account to repay such loaned amounts but no proceeds from our trust account would be used for such repayment. Up to $1,500,000 of such loans may be convertible into