Business Context and Reporting Period
This Form 8-K is a current report filed by Collective Acquisition Corp. (formerly Dune Acquisition Corporation II), a Cayman Islands emerging growth company. The report covers events occurring between April 6, 2026, and April 21, 2026, including a change in control date, board composition changes, and shareholder approval of a name change.
Key Financial Metrics
This filing is a current report regarding corporate governance and structural changes. It does not provide financial performance data such as revenue, profit, cash flow, margins, debt, or liquidity metrics. The filing text does not provide a clear value for these items.
Material Changes
- Corporate Name Change: Shareholders approved the change of the company's name from "Dune Acquisition Corporation II" to "Collective Acquisition Corp." effective April 21, 2026.
- Board of Directors Resignations: Effective April 6, 2026, the entire existing board (Carter Glatt, Michael Castaldy, Ben Coates, Jeron Smith, and Cecil White) resigned.
- Board Appointments: Elliot Richmond was appointed Chairman of the Board. David Bailin and Jeremy Sziklay were appointed as independent directors and members of the Audit and Compensation Committees.
- Articles of Association: The company adopted a Second Amended and Restated Memorandum and Articles of Association to reflect the name change.
Shareholder Vote and Governance
On April 21, 2026, the company held an Extraordinary General Meeting. A quorum was established with 17,802,405 shares (88.46% of outstanding shares) present. The Name Change Proposal was approved with the following vote tabulation:
| Vote Category | Number of Shares |
|---|---|
| FOR | 17,347,982 |
| AGAINST | 0 |
| ABSTAIN | 454,423 |
| BROKER NON-VOTES | 0 |
The Adjournment Proposal was not put to a vote as the Name Change Proposal was approved.
Investor Verification Checklist
- Verify the new trading symbols and ticker status for Units (IPODU), Class A shares (IPOD), and Warrants (IPDW) on Nasdaq following the name change.
- Review the definitive proxy statement (File No. 001-42607) filed on March 27, 2026, for details on the "Change in Control" and the background of the new board members.
- Confirm the filing of the Second Amended and Restated Memorandum and Articles of Association with the Cayman Islands Registrar of Companies.
- Monitor for subsequent filings regarding the company's business combination status, as this is a Special Purpose Acquisition Company (SPAC).