---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-041208"
form_type: "8-K"
ticker: "IPOD"
cik: "0002041047"
company_name: "COLLECTIVE ACQUISITION CORP."
filed_at: "2025-05-09T23:59:59+00:00"
generated_at: "2026-05-22T02:27:04.980475+00:00"
event_type: "other_material"
sentiment: "neutral"
materiality_score: 0.5
calibrated_materiality_score: 0.5
confidence: "high"
source: SEC EDGAR
---

# Dune Acquisition Corp II closes $143.75M IPO; trust funded with $144.1M

## Summary
- IPO of 14,375,000 units at $10.00/unit, gross proceeds $143.75M, including full over-allotment exercise.
- Private placement of 2,000,000 warrants to sponsor at $1.00/warrant for $2.0M.
- Trust account funded with $144.1M from IPO and private placement proceeds.
- Board appointed: Michael Castaldy, Ben Coates, Jeron Smith, Cecil White III; audit and compensation committees formed.
- Units trade on Nasdaq as IPODU; Class A shares and warrants expected to separate (IPOD, IPODW).

## SEC filing metadata
- accession: 0001213900-25-041208
- form_type: 8-K
- ticker: IPOD
- cik: 0002041047
- company_name: COLLECTIVE ACQUISITION CORP.
- filed_at: 2025-05-09T23:59:59+00:00
- event_type: other_material
- sentiment: neutral
- materiality_score: 0.5
- calibrated_materiality_score: 0.5
- confidence: high
- sec_items: 1.01, 3.02, 5.02, 5.03, 8.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2041047/000121390025041208/0001213900-25-041208-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2041047/000121390025041208/ea0241270-8k_duneacq2.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-041208
- JSON: https://secwatch.observer/filing/0001213900-25-041208.json
- Plain text: https://secwatch.observer/filing/0001213900-25-041208.txt

## Key facts
- Executive change
  Jeron Smith was appointed as Director at COLLECTIVE ACQUISITION CORP..
  - Action: appointed
  - Role: Director
  source text: On May 6, 2025, in connection with the IPO, Michael Castaldy, Ben Coates, Jeron Smith and Cecil White III (the “Directors”) were appointed to the board of directors of the Company (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2041047/000121390025041208/0001213900-25-041208-index.htm
- Executive change
  Ben Coates was appointed as Director at COLLECTIVE ACQUISITION CORP..
  - Action: appointed
  - Role: Director
  source text: On May 6, 2025, in connection with the IPO, Michael Castaldy, Ben Coates, Jeron Smith and Cecil White III (the “Directors”) were appointed to the board of directors of the Company (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2041047/000121390025041208/0001213900-25-041208-index.htm
- Executive change
  Michael Castaldy was appointed as Director at COLLECTIVE ACQUISITION CORP..
  - Action: appointed
  - Role: Director
  source text: On May 6, 2025, in connection with the IPO, Michael Castaldy, Ben Coates, Jeron Smith and Cecil White III (the “Directors”) were appointed to the board of directors of the Company (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2041047/000121390025041208/0001213900-25-041208-index.htm
- Executive change
  Cecil White III was appointed as Director at COLLECTIVE ACQUISITION CORP..
  - Action: appointed
  - Role: Director
  source text: On May 6, 2025, in connection with the IPO, Michael Castaldy, Ben Coates, Jeron Smith and Cecil White III (the “Directors”) were appointed to the board of directors of the Company (the “Board”).
  evidence_url: https://www.sec.gov/Archives/edgar/data/2041047/000121390025041208/0001213900-25-041208-index.htm

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.