Company: IPODW
Filing Date: 2025-03-07
Form Type: S-1
Source: 0001213900-25-021721
Chunk: 243

Company: Dune Acquisition Corp II
Filing Date: 2025-03-07
Form: S-1
Chunk 243
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 shares to be issued upon conversion of the founder shares, (ii) 1,880,000 Class A ordinary shares underlying the private placement warrants (or 2,000,000 Class A ordinary shares if the underwriters’ over -allotmentoption is exercised in full) and (iii) 1,500,000 Class A ordinary shares underlying the private placement warrants issued upon conversion of working capital loans. The number of warrants includes up to 1,880,000 private placement warrants (or 2,000,000 warrants if the underwriters’ over -allotmentoption is exercised in full) and 1,500,000 private placement warrants issued upon the conversion of working capital loans. The holders of these securities are entitled to make up to three demands, excluding short form demands, that we register such securities. In addition, the holders have certain “piggy -back” registration rights with respect to registration statements filed subsequent to our completion of our initial business combination. We will bear the expenses incurred in connection with the filing of any such registration statements. 163 CERTAIN RELATIONSHIPS AND RELATED PARTY TRANSACTIONS On September 27, 2024, our sponsor paid $25,000, or approximately $0.004 per share, to cover certain of our offering costs in exchange for 6,900,000 founder shares. The number of founder shares outstanding was determined based on the expectation that the total size of this offering would be a maximum of 17,250,000 units if the underwriters’ over -allotmentoption is exercised in full, and therefore that such founder shares would represent approximately 28.6% of the outstanding shares after this offering. Up to 900,000 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentis exercised. If we increase or decrease the size of the offering, we will effect a share capitalization or a share repurchase or redemption or other appropriate mechanism, as applicable, with respect to our Class B ordinary shares immediately prior to the consummation of this offering in such amount as to maintain the number of founder shares, on an as -convertedbasis, at approximately 28.6% of our issued and outstanding ordinary shares upon the consummation of this offering. Our sponsor has committed to purchase an aggregate of 1,880,000 private placement warrants (or 2,000,000 warrants if the underwriters’ over -allotmentoption is exercised