Company: IPODW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-111055
Chunk: 17

Company: Dune Acquisition Corp II
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 17
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 possible redemption and consistent with ASC Topic 480-10-S99-3A, the Company treated accretion in the same manner as a dividend paid to the shareholders in the calculation of the net income (loss) per ordinary share. 9  DUNE ACQUISITION CORPORATION IINOTES TO CONDENSED FINANCIAL STATEMENTSSEPTEMBER 30, 2025(Unaudited) The following table reflects the calculation of basic and diluted net income per ordinary share:      Three Months Ended   Nine Months Ended      September 30, 2025   September 30, 2025      Class A   Class A and Class B   Class A   Class A and Class B      redeemable   Non-redeemable   redeemable   Non-redeemable   Basic net income per ordinary share                  Numerator:                  Allocation of net income  $948,791   $386,633   $1,196,362   $851,987    Denominator                      Basic weighted average ordinary shares outstanding   14,375,000    5,857,813    7,663,143    5,457,290    Basic net income per ordinary share  $0.07   $0.07   $0.16   $0.16         Three Months Ended   Nine Months Ended      September 30, 2025   September 30, 2025      Class A   Class A and Class B   Class A   Class A and Class B      redeemable   Non-redeemable   redeemable   Non-redeemable   Diluted net income per ordinary share                  Numerator:                  Allocation of net income  $948,791   $386,633   $1,165,262   $883,087    Denominator                      Diluted weighted average ordinary shares outstanding   14,375,000    5,857,813    7,663,143    5,807,474    Diluted net income per ordinary share  $0.07   $0.07