Company: IPODW
Filing Date: 2025-04-29
Form Type: S-1/A
Source: 0001213900-25-036656
Chunk: 353

Company: Dune Acquisition Corp II
Filing Date: 2025-04-29
Form: S-1/A
Chunk 353
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 II
NOTES TO FINANCIAL STATEMENTS MARCH 31, 2025 (UNAUDITED) AND DECEMBER 31, 2024 NOTE 8 — SEGMENT INFORMATION (cont.) When evaluating the Company’s performance and making key decisions regarding resource allocation the CODM reviews several key metrics, which include the following:

|                                                |     |   | For the three 
  months ended 
     March 31, 
          2025 
   (unaudited) |     |   |     For the Period 
 from September 13, 
   2024 (Inception) 
            Through 
       December 31, 
               2024 |
|:-----------------------------------------------|:----|:--|--------------:|:----|:--|-------------------:|
| Formation and general and administrative costs |     | $ |        48,094 |     | $ |             36,702 |

The key measures of segment profit or loss reviewed by our CODM is formation and general and administrative costs. Formation and general and administrative costs are reviewed and monitored by the CODM to manage and forecast cash to ensure enough capital is available to complete a Business Combination within the Business Combination period. The CODM also reviews formation general and administrative costs to manage, maintain and enforce all contractual agreements to ensure costs are aligned with all agreements and budget. NOTE 9 — SUBSEQUENT EVENTS The Company evaluated subsequent events and transactions that occurred after the balance sheet date through April29, 2025, the date that the financial statements were available to be issued. Based upon this review, other than as noted below, the Company did not identify any subsequent events that would have required adjustment or disclosure in the financial statements. On April22, 2025, the Sponsor surrendered and forfeited 1,150,000 ordinary shares to the Company for no consideration, following which the Sponsor holds 5,750,000 ordinary shares. All share and per share data have been retrospectively presented.

F-18 12,500 ,000 Units Dune Acquisition Corporation II _____________________________ PRELIMINARY PROSPECTUS , 2025 _____________________________ Lead Book-Running Manager Clear Street LLC Until, 2025 (25 days after the date of this prospectus), all dealers that buy, sell or trade our units, Class A ordinary shares or public warrants, whether or not participating in this offering, may be required to deliver a prospectus. This is in addition to the dealers’ obligation to deliver a