Company: IPODW
Filing Date: 2025-04-29
Form Type: S-1/A
Source: 0001213900-25-036656
Chunk: 286

Company: Dune Acquisition Corp II
Filing Date: 2025-04-29
Form: S-1/A
Chunk 286
---
 directors may be removed from office at any time by an ordinary resolution, which requires the affirmative vote of a simple majority 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, voting together as a single class, and includes a unanimous written resolution. Prior to the consummation of an initial business combination, only holders of our Class B ordinary shares will have the right to vote on the appointment and removal of directors. Our board of directors may, by a vote of a majority of our directors then in office, appoint any person to be a director, either to fill a vacancy or as an additional director. 184 SECURITIES ELIGIBLE FOR FUTURE SALE Immediately after this offering we will have 17,593,750 (or 20,232,813 if the underwriters’ over -allotmentoption is exercised in full) ordinary shares outstanding. Of these shares, the Class A ordinary shares sold in this offering (12,500,000 Class A ordinary shares if the underwriters’ over -allotmentoption is not exercised and 14,375,000 shares if the underwriters’ over -allotmentoption is exercised in full) will be freely tradable without restriction or further registration under the Securities Act, except for any Class A ordinary shares purchased by one of our affiliates within the meaning of Rule 144 under the Securities Act. All of the outstanding founder shares (5,000,000 founder shares if the underwriters’ over -allotmentoption is not exercised and 5,750,000 founder shares if the underwriters’ over -allotmentoption is exercised in full), all of the representative shares (93,750 Class A ordinary shares if the underwriters’ over -allotmentoption is not exercised and 107,813 Class A ordinary shares if the underwriters’ over -allotmentoption is exercised in full) and all of the outstanding private placement warrants (1,880,000 warrants (or 2,000,000 warrants if the underwriters’ over -allotmentoption is exercised in full)) will be restricted securities under Rule 144, in that they were issued in private transactions not involving a public offering. Rule 144 Pursuant to Rule 144, a person who has beneficially owned restricted shares or warrants for at least six months would be entitled to sell their securities provided that (i) such person is not deemed to have