Company: IPODW
Filing Date: 2025-05-08
Form Type: 424B4
Source: 0001213900-25-040894
Chunk: 333

Company: Dune Acquisition Corp II
Filing Date: 2025-05-08
Form: 424B4
Chunk 333
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 5,750,000 |     |        | 575 |     |            | 24,425 |     |             | —       |   |     |               |  25,000 |   |
| Net loss                                             |     |               — |     |        |   — |     |            |      — |     |             | (36,702 | ) |     |               | (36,702 | ) |
| Balance – December 31, 2024                          |     |       5,750,000 |     | $      | 575 |     | $          | 24,425 |     | $           | (36,702 | ) |     | $             | (11,702 | ) |

____________ (1)Includes an aggregate of up to 900,000 Class B ordinary shares subject to forfeiture if the over -allotmentoption is not exercised in full by the underwriters (Note 7). (2)On April 22, 2025, the Sponsor surrendered 1,150,000 Class B ordinary shares, where the number of outstanding founder shares was reduced to 5,750,000 in the aggregate. All share and per share data have been retrospectively presented. The accompanying notes are an integral part of these financial statements.

F-5

DUNE ACQUISITION CORPORATION II
STATEMENT OF CASH FLOWS

|                                                                            |     | For the      
 three months 
 ended        
 March 31,    
 2025         
 (Unaudited)  |         |   |     | For the       
 period from   
 September 13, 
 2024          
 (inception)   
 through       
 December 31,  
 2024          |         |   |
|:---------------------------------------------------------------------------|:----|:-------------|--------:|:--|:----|:--------------|--------:|:--|
| Cash flows from operating activities:                                      |     |              |         |   |     |               |         |   |
| Net loss                                                                   |     | $            | (48,094 | ) |     | $             | (36,702 | ) |
| Adjustment to reconcile net loss to net cash used in operating activities: |     |              |         |   |     |               |         |   |
| Payment of operating costs through advance from related party              |     |              |   4,320 |   |     |               |       — |   |
| Payment of operating expenses