Company: IPODW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001213900-25-074296
Chunk: 62

Company: Dune Acquisition Corp II
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 8
Chunk 62
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 Cayman Islands (including any special resolution required to amend the constitutional documents or to adopt new constitutional documents, in each case, as a result of approving a transfer by way of continuation in a jurisdiction outside the Cayman Islands). Holders of the Class A ordinary shares will not be entitled to vote on these matters during such time. These provisions of the amended and restated memorandum and articles of association may only be amended if approved by a special resolution passed by the affirmative vote of at least 90% (or, where such amendment is proposed in respect of the consummation of the initial Business Combination, two-thirds) of the votes cast by such shareholders as, being entitled to do so, vote in person or, where proxies are allowed, by proxy at the applicable general meeting of the Company.  

NOTE 8. FAIR VALUE MEASUREMENTS  The fair value of the Company’s financial assets and liabilities reflects management’s estimate of amounts that the Company would have received in connection with the sale of the assets or paid in connection with the transfer of the liabilities in an orderly transaction between market participants at the measurement date. In connection with measuring the fair value of its assets and liabilities, the Company seeks to maximize the use of observable inputs (market data obtained from independent sources) and to minimize the use of unobservable inputs (internal assumptions about how market participants would price assets and liabilities). 13 DUNE ACQUISITION CORPORATION IINOTES TO CONDENSED FINANCIAL STATEMENTSJUNE 30, 2025(Unaudited) The following fair value hierarchy is used to classify assets and liabilities based on the observable inputs and unobservable inputs used in order to value the assets and liabilities:     Level 1: Quoted prices     in active markets for identical assets or liabilities. An active market for an asset or liability is a market in which transactions     for the asset or liability occur with sufficient frequency and volume to provide pricing information on an ongoing basis.      Level 2: Observable     inputs other than Level 1 inputs. Examples of Level 2 inputs include quoted prices in active markets for similar assets or liabilities     and quoted prices for identical assets or liabilities in markets that are not active.      Level 3: Unobservable     inputs based on our assessment of the assumptions that market participants would use in pricing the asset or liability.  The following table presents information about the Company’s assets that are measured at fair value on as of June 30, 2025