Company: IPODW
Filing Date: 2025-03-25
Form Type: S-1/A
Source: 0001013762-25-002292
Chunk: 240

Company: Dune Acquisition Corp II
Filing Date: 2025-03-25
Form: S-1/A
Chunk 240
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 FL 33401. (2)Interests shown consist solely of founder shares, classified as Class B ordinary shares. Such shares will automatically convert into Class A ordinary shares concurrently with or immediately following the consummation of our initial business combination or at any time prior thereto at the option of the holder on a one -for -onebasis, subject to adjustment, as described in the section entitled “Description of Securities.” (3)Dune Acquisition Holdings II LLC, our sponsor, is the record holder of such shares. Carter Glatt, our Chief Executive Officer, is the sole managing member of Dune Acquisition Holdings II LLC. Accordingly, Mr. Glatt may be deemed to have or share beneficial ownership of the Class B ordinary shares held directly by our sponsor. Mr. Glatt disclaims such beneficial ownership other than to the extent of his pecuniary interest. Each of our other officers and directors is a member

159 of our sponsor or has direct or indirect economic interests in our sponsor, and each of them disclaims any beneficial ownership other than to the extent of his or her pecuniary interest. The non -managingsponsor investors have expressed an interest to purchase non -managingsponsor 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); 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 other rights in addition to those afforded to our other public shareholders, and will only be issued membership interests in sponsor, with no right to control sponsor or vote or dispose of any securities held by sponsor, including the founder shares held by sponsor. (4)Includes up to 900,000 founder shares that will be surrendered for no consideration depending on the extent to which the underwriters’ over -allotmentoption is exercised. Immediately after this offering, our initial shareholders will beneficially own approximately 28.6% of the then issued and outstanding ordinary shares (assuming they do not purchase any units in this offering). Prior to the closing of our initial business combination, only holders