Company: IPODW
Filing Date: 2025-05-08
Form Type: 424B4
Source: 0001213900-25-040894
Chunk: 100

Company: Dune Acquisition Corp II
Filing Date: 2025-05-08
Form: 424B4
Chunk 100
---
 would have interests different from our public shareholders and would likely not receive any financial benefit unless we consummated such business combination. 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 our initial business combination, our ability to complete our initial business combination may be negatively impacted. In connection with our initial business combination, we may need to seek the forfeiture, transfer, exchange or amendment of the terms of the NMSI private placement warrants. Pursuant to the terms of the warrant agreement, the NMSI private placement warrants will not be subject to any forfeiture, transfer, exchange or amendment of the terms in connection with our initial business combination without 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 a business combination may be negatively impacted. We may issue notes or other debt securities, or otherwise incur substantial debt, to complete a business combination, which may adversely affect our leverage and financial condition and thus negatively impact the value of our shareholders’ investment in us. Although we have no commitments as of the date of this prospectus to issue any notes or other debt securities, or to otherwise incur outstanding debt following this offering, we may choose to incur substantial debt to complete our initial business combination. The incurrence of debt could have a variety of negative effects, including: •default and foreclosure on our assets if our operating revenues after an initial business combination are insufficient to repay our debt obligations; •acceleration of our obligations to repay the indebtedness even if we make all principal and interest payments when due if we breach certain covenants that require the maintenance of certain financial ratios or reserves without a waiver or renegotiation of that covenant; 70 •our immediate payment of all principal and accrued interest, if any, if the debt security is payable on demand; •our inability to obtain necessary additional financing if the debt security contains covenants restricting our ability to obtain such financing while the debt security is outstanding; •using a substantial portion of our cash flow to pay principal and interest on our debt, which will reduce the funds available for expenses, capital expenditures, acquisitions and other general corporate purposes;