Dune Acquisition Corp II sponsor reports 4.48M Class B shares
Dune Acquisition Corp II reported that Collective Acquisition Sponsor LLC holds 4,475,000 Class B ordinary shares directly.
Rhea-AI Filing Summary
Dune Acquisition Corp II reported that Collective Acquisition Sponsor LLC holds 4,475,000 Class B ordinary shares directly. These Class B shares will automatically convert into Class A ordinary shares of the company on a one-for-one basis at the time of the company’s initial business combination, or earlier at the holder’s option, subject to certain adjustments.
Positive
- None.
Negative
- None.
Insider Trade Summary
1 transaction reported
Mixed
1 txn
Insider
Collective Acquisition Sponsor LLC
Role
10% Owner
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| holding | Class B Ordinary Shares | -- | -- | -- |
Holdings After Transaction:
Class B Ordinary Shares — 4,475,000 contracts (Direct)
Footnotes (1)
- F1. As described in Dune Acquisition Corporation II's (the "Issuer") Registration Statement on Form S-1 (File No. 333-285639), under the heading "Description of Securities - Founder Shares," the Class B ordinary shares, par value $0.0001 per share, of the Issuer will automatically convert into Class A ordinary shares, par value $0.0001 per share of the Issuer at the time of the Issuer's initial business combination, or earlier at the option of the holder, on a one-for-one basis, subject to certain adjustments.
FAQ
What does Dune Acquisition Corp II (IPOD) disclose in this Form 3?
The filing shows Collective Acquisition Sponsor LLC as a more than 10% owner of Dune Acquisition Corp II, holding 4,475,000 Class B ordinary shares directly. This is an initial statement of beneficial ownership, not a buy or sell transaction.
Who is the reporting person in the Dune Acquisition Corp II (IPOD) Form 3?
The reporting person is Collective Acquisition Sponsor LLC, identified as a more than 10% beneficial owner of Dune Acquisition Corp II. The entity holds its position directly, as indicated by the direct ownership code in the Form 3 data.
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