Company: IPODW
Filing Date: 2025-05-09
Form Type: 8-K
Source: 0001213900-25-041208
Chunk: 5

Company: Dune Acquisition Corp II
Filing Date: 2025-05-09
Form: 8-K
Item: Item 8.01
Chunk 5
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Item 8.01.

Other Events.

A total of $144,109,375, comprised of $142,109,375
of the proceeds from the IPO (which amount includes up to $5,750,000 of the underwriters’ deferred discount) and $2,000,000 of the
proceeds of the sale of the Private Placement Warrants, was placed in a U. S.-based trust account at J. P. Morgan Chase Bank, N. A. maintained
by Continental Stock Transfer & Trust Company, acting as trustee. Except with respect to interest earned on the funds held in the
trust account that may be released to the Company to pay its taxes, the funds held in the trust account will not be released from the
trust account until the earliest of (i) the completion of the Company’s initial business combination, (ii) the redemption of any
Class A ordinary shares included in the Units sold in the IPO (“public shares”) properly submitted in connection with a shareholder
vote to amend the Amended Charter to modify the substance or timing of the Company’s obligation to redeem 100% of the public shares
if the Company does not complete its initial business combination within 15 months from the closing of the IPO or with respect to any
other material provisions relating to shareholders’ rights or pre-initial business combination activity and (iii) the redemption
of the public shares if the Company is unable to complete an initial business combination within 15 months from the closing of the IPO,
subject to applicable law.

On May 6, 2025, the Company issued a press release announcing the pricing
of the IPO, a copy of which is attached as Exhibit 99.1 to this Current Report on Form 8-K.

On May 8, 2025, the Company issued a press release announcing the closing
of the IPO, a copy of which is attached as Exhibit 99.2 to this Current Report on Form 8-K.

Item 9.01Financial Statements and Exhibits.