Company: IPODW
Filing Date: 2025-11-14
Form Type: 10-Q
Source: 0001213900-25-111055
Chunk: 4

Company: Dune Acquisition Corp II
Filing Date: 2025-11-14
Form: 10-Q
Item: Part I, Item 1
Chunk 4
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 —    —    (1,514,706)   (1,514,706) 

 Net income   —    —    —    —    —    1,335,424    1,335,424  

 Balance – September 30, 2025   107,813   $11    5,750,000   $575   $—   $(5,348,953)  $(5,348,367) 

FOR THE PERIOD FROM SEPTEMBER 13, 2024 (INCEPTION)
THROUGH SEPTEMBER 30, 2024

Class A Ordinary Shares  
Class B Ordinary Shares  
Additional Paid-in  
Accumulated  
Total Shareholders’ 

Shares  
Amount  
Shares  
Amount  
Capital  
Deficit  
Equity 
 Balance — September 13, 2024   —   $—    —   $—   $—   $—   $—  

 Issuance of ordinary shares   —    —    5,750,000    575    24,425    —    25,000  

 Net loss   —    —    —    —    —    (16,230)   (16,230) 

 Balance – September 30, 2024(1)(2)   —   $—    5,750,000   $575   $—   $(16,230)  $8,770  

 (1) Class B ordinary shares included an aggregate of 750,000 shares subject to forfeiture if the over-allotment option was not exercised fully by the underwriters (see Note 5). As a result of the underwriters’ election to fully exercise their over-allotment option on May 8, 2025, the 750,000 Class B ordinary shares are no longer subject to forfeiture. 
 (2) On April 22, 2025, the Sponsor surrendered 1,150,000 Class B ordinary shares, where the number of outstanding founder shares was reduced to 5,750,000 in the aggregate. All share and per share data have been retrospectively presented (see Note 5). 

The accompanying notes