Company: IPODW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001213900-25-074296
Chunk: 63

Company: Dune Acquisition Corp II
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 63
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, and indicates the fair value hierarchy of the valuation inputs the Company utilized to determine such fair value:   Description  Level   June 30, 2025   Assets:          Marketable securities held in Trust account  1   $144,982,839     The Public Warrants were valued using a Monte-Carlo methodology. The Public Warrants have been classified within shareholders’ deficit and will not require remeasurement after issuance. On May 9, 2025, a fair value of $0.09 per Public Warrant was determined. The following table presents the quantitative information regarding market assumptions used in the valuation of the Public Warrants:       May 9, 2025   Exercise  $11.50    Market price of public shares  $9.96    Term (years)   8.25    Risk-free rate   4.23%   Volatility   3.33%   

NOTE 9. SEGMENT REPORTING  ASC Topic 280, “Segment Reporting,” establishes standards for companies to report in their financial statement information about operating segments, products, services, geographic areas, and major customers. Operating segments are defined as components of an enterprise for which separate financial information is available that is regularly evaluated by the Company’s chief operating decision maker, or group, in deciding how to allocate resources and assess performance.   The Company’s chief operating decision maker (“CODM”) has been identified as a group that includes the Company’s the Chief Financial Officer and Chief Executive Officer, that collectively review the operating results for the Company as a whole to make decisions about allocating resources and assessing financial performance. Accordingly, management has determined that the Company only has one operating segment.  When evaluating the Company’s performance and making key decisions regarding resource allocation the CODM reviews several key metrics, which include the following:      For the Three Months Ended June 30,  2025   For the Six Months Ended June 30,  2025   General and administrative costs  $112,445   $160,539    Interest income earned on Trust Account  $873,464   $873,464    The key measures of segment profit or loss reviewed by our CODM are interest earned on the Trust Account and general and administrative expenses. The CODM reviews interest earned on the Trust Account to measure and monitor shareholder value and determine the most effective strategy of investment with the Trust Account funds