Company: IPODW
Filing Date: 2025-03-07
Form Type: S-1
Source: 0001213900-25-021721
Chunk: 176

Company: Dune Acquisition Corp II
Filing Date: 2025-03-07
Form: S-1
Chunk 176
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 of the sum of all Class A ordinary shares issued and outstanding upon the completion of this offering (including any Class A ordinary shares issued pursuant to the underwriters’ over -allotmentoption and excluding the Class A ordinary shares underlying the private placement warrants issued to the sponsor). The anti -dilutionprovisions in our Class B ordinary shares may result in material dilution to the public shareholders. (2)The non -managingsponsor investors have expressed an interest to purchase, indirectly through the purchase of 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) in a private placement that will close simultaneously with the closing of this offering. (3)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 reflecting interests in an aggregate of _____ founder shares held by sponsor. Because our sponsor acquired the founder shares at a nominal price of approximately $0.004 per founder share, our public shareholders will incur an immediate and substantial dilution upon the closing of this offering. See the section titled “Risk Factors — Risks Relating to our Securities — The nominal purchase price paid by our sponsor for the founder shares may result in significant dilution to the implied value of your public shares upon the consummation of our initial business combination.” We may raise additional funds through issuance of ordinary shares and/or convertible equity in connection with an initial business combination, and as a result our public shareholders may suffer significant dilution or have other adverse impacts. See the section titled “Risk Factors — Risks Relating to our Search for, and Consummation of or Inability to Consummate, a Business Combination — We may issue additional Class A ordinary shares or preference shares to complete our initial business combination or under an employee incentive plan after completion of our initial business combination. We may also issue Class A ordinary shares upon the conversion of the founder shares at a ratio greater than one -to -oneat the time of our initial business combination as a result of the anti -dilutionprovisions contained therein. Any such issuances would dilute the interest of our shareholders and likely present other risks.” This dilution would increase to the extent that the anti -dilutionprovision of the founder shares result in the issuance of Class A ordinary shares on