Company: IPODW
Filing Date: 2025-08-11
Form Type: 10-Q
Source: 0001213900-25-074296
Chunk: 3

Company: Dune Acquisition Corp II
Filing Date: 2025-08-11
Form: 10-Q
Item: Part I, Item 1
Chunk 3
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094) 

 Balance – March 31, 2025   —    —    5,750,000    575    24,425    (84,796)   (59,796) 

 Issuance of Representative Shares   107,813    11    —    —    (11)   —    —  

 Sale of 2,000,000 Private Placement Warrants   —    —    —    —    2,000,000    —    2,000,000  

 Fair value of Public Warrants at issuance   —    —    —    —    970,313    —    970,313  

 Allocated value of transaction costs to Class A shares   —    —    —    —    (49,402)   —    (49,402) 

 Accretion for Class A ordinary shares to redemption amount   —    —    —    —    (2,945,325)   (5,845,894)   (8,791,219) 

 Net income   —    —    —    —    —    761,019    761,019  

 Balance – June 30, 2025   107,813   $11    5,750,000   $575   $—   $(5,169,671)  $(5,169,085) 

  (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