Dune Acquisition Corp II Signs Multiple Material Agreements

Dune Acquisition Corp II announced a change of sponsorship through a Purchase and Sponsor Handover Agreement under which Collective Acquisition Sponsor will acquire 4,475,000 Class B shares and 1,000,000 private placement warrants for $2.0 million. Closing is expected on February 5, 2026, with planned leadership changes following SEC Rule 14f-1 procedures. The agreement includes a repurchase right if no definitive business combination agreement is signed by May 7, 2026. In connection with the transition, the company also executed joinders to its Letter Agreement, Administrative Services Agreement, and Registration Rights Agreement to bind and integrate the new sponsor and incoming leadership.Agreement 1: Dune Acquisition Corp II Signs Purchase And Sponsor Handover Agreement With Collective Acquisition SponsorAgreement type: Purchase and Sponsor Handover AgreementCounterparty: Collective Acquisition SponsorSigned / Effective: Jan 30 2026 / Feb 05 2026Duration / Termination: Through closing; repurchase option May 7–12 2026Reason: Transfer sponsor control and fund SPAC operationsAgreement 2: Dune Acquisition Corp II Signs Joinder To Letter Agreement With Collective Acquisition SponsorAgreement type: Joinder to Letter AgreementCounterparty: Collective Acquisition SponsorSigned / Effective: Feb 05 2026 / sameDuration / Termination: At willReason: Align new sponsor and insiders with existing governance termsAgreement 3: Dune Acquisition Corp II Signs Joinder To Administrative Services Agreement With Collective Acquisition SponsorAgreement type: Joinder to Administrative Services AgreementCounterparty: Collective Acquisition SponsorSigned / Effective: Feb 05 2026 / sameDuration / Termination: At willReason: Ensure uninterrupted administrative support post-sponsor changeAgreement 4: Dune Acquisition Corp II Signs Joinder To Registration Rights Agreement With Collective Acquisition SponsorAgreement type: Joinder to Registration Rights AgreementCounterparty: Collective Acquisition SponsorSigned / Effective: Feb 05 2026 / sameDuration / Termination: At willReason: Preserve registration rights for transferred sponsor securitiesOriginal SEC Filing: Dune Acquisition Corp II [ IPOD ] - 8-K - Feb. 05, 2026DisclaimerThis is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.