Company: IPODW
Filing Date: 2025-03-07
Form Type: S-1
Source: 0001213900-25-021721
Chunk: 237

Company: Dune Acquisition Corp II
Filing Date: 2025-03-07
Form: S-1
Chunk 237
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 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

160 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 purchasing 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 _____ 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 of our Class B ordinary shares will be entitled to vote on the appointment and removal of directors or continuing our company in a jurisdiction outside the Cayman Islands (including any special resolution required to amend our constitutional documents or to adopt new constitutional documents, in each case, as a result of our approving a transfer by way of continuation in a jurisdiction outside the