Company: IPODW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001213900-25-074296
Chunk: 0

Company: Dune Acquisition Corp II
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 0
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DUNE ACQUISITION CORPORATION II

CONDENSED BALANCE SHEETS

June 30,  2025  
December 31, 2024 

(unaudited)  

ASSETS 

Current assets 

 Cash  $589,755   $13,818  

 Prepaid  expenses   80,226    —  
 Total current assets   669,981    13,818  

 Deferred offering costs   —    69,160  
 Marketable securities held in Trust Account   144,982,839    —  
 TOTAL ASSETS  $145,652,820   $82,978  

LIABILITIES AND SHAREHOLDERS’ DEFICIT 

Current liabilities 

 Accrued expenses  $14,066   $6,230  
 Accrued offering costs   75,000    13,450  
 Promissory note – related party   —    75,000  
 Total current liabilities   89,066    94,680  
 Deferred underwriting fee payable   5,750,000    —  
 Total Liabilities   5,839,066    94,680  

Commitments (see note 6) 

 Class A ordinary shares subject to possible redemption 14,375,000 shares at $10.085 per share redemption value   144,982,839    —  

Shareholders’ Deficit 

 Preference shares, $0.0001 par value; 1,000,000 shares authorized; none issued or outstanding   —    —  
 Class A ordinary shares, $0.0001 par value; 200,000,000 shares authorized; 107,813 and no shares issued and outstanding (excluding 14,375,000 and no shares subject to possible redemption) at June 30, 2025 and December 31, 2024, respectively   11    —  
 Class B ordinary shares, $0.0001 par value; 20,000,000 shares authorized; 5,750,000 shares issued and outstanding at June 30, 2025 and December 31, 2024, respectively (1)(2)   575    575  
 Additional paid-in capital