Dune Acquisition Corp II (IPOD) - Dilution Analysis

Visualizing historical and potential share dilution over time

Dilution Analysis

High Risk
Significant dilution risk
Last updated: March 13, 2026

Risk Assessment Details

Potential Dilution: 99.29% of current shares
Recent Dilution: 152.63% (2 years)
Historical Dilution Factor: significant recent dilution
Outstanding Shares
14M
Potential Supply
14M
Additional shares possible
Splits
None
Past 2 years

Summary

IPOD currently has 14.5M outstanding shares. with significant dilution risk as 14.4M authorized shares could dilute existing holders by 99.3%. The company has significantly diluted shareholders by 152.63% over the past 2 years, indicating aggressive capital raising.

Share Structure Timeline

Outstanding Shares
Total Supply

Historical Data Points

Date Event Outstanding Supply
Mar 13, 2026

10-K filing | 14.5M shares outstanding

14M 14M
Nov 14, 2025

10-Q filing | 14.4M shares outstanding

14M 14M
Aug 11, 2025

10-Q filing | 14.5M shares outstanding

14M 14M
May 14, 2025

8-K filing: Dune Acquisition Corporation II consummated its initial public offering of 14,375,000 units at $10.00 per unit, generating gross proceeds of $143,750,000, and completed a private sale of 2,000,000 warrants to Dune Acquisition Holdings II LLC at $1.00 per warrant, generating gross proceeds of $2,000,000. ($145.75M proceeds)

5.8M 14M
May 09, 2025

8-K filing: Dune Acquisition Corporation II consummated its IPO of 14,375,000 Units at $10.00 per Unit, generating gross proceeds of $143,750,000, and completed the private sale of 2,000,000 warrants to the Sponsor at $1.00 per warrant, generating gross proceeds of $2,000,000. ($145.75M proceeds)

5.8M 14M
Apr 29, 2025

S-1/A filing: This S-1/A filing registers the offering of 12,500,000 units at $10.00 per unit, each consisting of one Class A ordinary share and three-quarters of one redeemable warrant, along with 1,880,000 private placement warrants.

5.8M 14M
Mar 25, 2025

S-1/A filing: This S-1/A filing registers the offering of 15,000,000 units at $10.00 per unit, each unit consisting of one Class A ordinary share and three-quarters of one redeemable warrant, as well as 1,880,000 private placement warrants at $1.00 per warrant and 112,500 representative shares to the underwriter.

6.9M 17M
Mar 07, 2025

S-1 filing: This is an initial public offering of units, each consisting of one Class A ordinary share and three-quarters of one redeemable warrant, by Dune Acquisition Corporation II, a blank check company.

6.9M 15M
Weekly Research

Get Weekly Super Stonk Alerts

Never miss a squeeze opportunity. Get our weekly analysis of high short interest stocks, AI-discovered gems, and dilution warnings delivered to your inbox.

No spam Unsubscribe anytime