Company: IPODW
Filing Date: 2025-03-25
Form Type: S-1/A
Source: 0001013762-25-002292
Chunk: 172

Company: Dune Acquisition Corp II
Filing Date: 2025-03-25
Form: S-1/A
Chunk 172
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 offering. Up to 900,000 of the founder shares will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotment is 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 -converted basis, 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 -allotment option is exercised in full), each exercisable to purchase one Class A ordinary share at $11.50 per share, at a price of $1.00 per warrant, or $1,880,000 (or $2,000,000 in the aggregate if the underwriters’ over -allotment option is exercised in full), in a private placement that will close simultaneously with the closing of this offering. If we do not complete an initial business combination within the completion window, the private placement warrants will be worthless. The private placement warrants will be identical to the warrants sold in this offering except that, so long as they are held by our sponsor or its permitted transferees, the private placement warrants (i) may not (including the Class A ordinary shares issuable upon exercise of these warrants), subject to certain limited exceptions, be transferred, assigned or sold by the holders until 30 days after the completion of our initial business combination and (ii) will be entitled to registration rights. The non -managing sponsor investors have expressed an interest to purchase, indirectly through the purchase of non -managing sponsor membership interests, an aggregate of 1,000,000 private placement warrants at a price of $1.00 per warrant ($1,000,000 in the aggregate) in a private placement that will close simultaneously with the closing of this offering. Subject to each non -managing sponsor 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 -managing sponsor investors reflecting interests in an aggregate of 1, 000,000 f ounder shares held by sponsor. Prior to