Company: IPODW
Filing Date: 2025-03-25
Form Type: S-1/A
Source: 0001013762-25-002292
Chunk: 16

Company: Dune Acquisition Corp II
Filing Date: 2025-03-25
Form: S-1/A
Chunk 16
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 anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target. We may pursue an initial business combination in any business or industry but expect to target opportunities and companies that are in the software as a service, artificial intelligence, medtech or asset management and consultancy sectors. 2

Our Sponsor Our sponsor is a Delaware limited liability company, which was formed to invest in us. Although our sponsor is permitted to undertake any activities permitted under the Delaware Limited Liability Company Act and other applicable law, our sponsor’s business is focused on investing in our company. The sole managing member of the sponsor is Carter Glatt. Mr. Glatt serves as our Chief Executive Officer and as a member of the board of directors. Mr. Glatt controls the management of our sponsor, including the exercise of voting and investment discretion over the securities of our company held by our sponsor. As of the date hereof, other than Mr. Glatt, no other person has a direct or indirect material interest in our sponsor. Mr. Glatt owns all of the membership interests in our sponsor as of the date hereof. In addition, prior to the consummation of this offering, each of our independent directors intends to purchase Class A sponsor membership units, representing less than 5% of the economic interests in our sponsor in the aggregate. Other than our management team, none of the other members of our sponsor will participate in our company’s activities. Our sponsor is not controlled by and does not have any members who are, or have substantial ties with, a non -U.S. person. The non -managingsponsor investors have expressed an interest to purchase non -managingsponsor membership interests in an aggregate of 1,000,000 private placement warrants at a price of $1.00 per warrant ($1,000,000 in the aggregate), representing approximately 53.2% (or 50.0% if the over -allotmentoption is exercised in full) of the private placement warrants to be purchased by the sponsor; 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 at the closing of this offering reflecting interests in an aggregate of 1,000,000 founder shares held by sponsor. Other than as described in this prospectus, the non -managingsponsor investors are not granted any shareholder or