The latest financial statement is for the quarter ending 2026-03-31.
| Cash Flow | 2026-03-31 | 2025-12-31 | 2025-09-30 | 2025-06-30 |
|---|---|---|---|---|
| Net income (loss) | 714,594 | 1,301,136 | 1,335,424 | 712,925 |
| Interest earned on marketable securities held in trust account | 1,300,569 | 1,413,230 | 1,514,706 | 873,464 |
| Payment of operating costs through promissory note | - | 0 | 0 | 23,500 |
| Prepaid insurance | - | - | - | 28,504 |
| Payment of operating costs through advances from related party | - | 0 | 0 | 4,320 |
| Prepaid expenses | 106,095 | -54,868 | 24,411 | 51,722 |
| Accounts payable and accrued expenses | -542 | 21,075 | -12,664 | 7,836 |
| Deferred consulting fees | 45,000 | - | - | - |
| Deferred legal fees | 366,068 | - | - | - |
| Net cash used in operating activities | -281,544 | -36,151 | -187,853 | -205,109 |
| Investment of cash in trust account | - | 0 | 0 | 144,109,375 |
| Net cash used in investing activities | - | 0 | 0 | -144,109,375 |
| Proceeds from sale of units, net of underwriting discounts paid | - | 0 | -143,200,000 | - |
| Proceeds from sale of private placement warrants | - | 0 | 0 | 2,000,000 |
| Repayment of advances from related party | - | 0 | 0 | 4,320 |
| Proceeds from promissory note related party | - | 0 | 0 | 51,500 |
| Proceeds from sale of units, net of underwriting discounts paid | - | - | - | 143,200,000 |
| Repayment of promissory noterelated party | - | 0 | 0 | 150,000 |
| Payment of offering costs | - | 0 | 0 | 206,759 |
| Net cash provided by financing activities | - | 0 | 0 | 144,890,421 |
| Net change in cash | -281,544 | -36,151 | -187,853 | 575,937 |
| Cash beginning of period | 365,751 | 401,902 | 13,818 | - |
| Cash end of period | 84,207 | 365,751 | 401,902 | - |
Dune Acquisition Corp II (IPODW)
Dune Acquisition Corp II (IPODW)