Dune Acquisition Corp II-A 2026年季度报告

FORM 10-Q (MARK ONE)☒QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2026 Commission file number: 001-42607 COLLECTIVE ACQUISITION CORP.(Exact Name of Registrant as Specified in Its Charter) (Address of principal executive offices) (561) 489-2062(Registrant’s telephone number, including area code) Securities registered pursuant to Section 12(b) of the Act: Check whether the issuer (1) filed all reports required to be filed by Section 13 or 15(d) of the Exchange Act during the past 12 months(or for such shorter period that the registrant was required to file such reports), and (2) has been subject to such filing requirements forthe past 90 days. Yes☒No☐ Indicate by check mark whether the registrant has submitted electronically every Interactive Data File required to be submittedpursuant to Rule 405 of Regulation S-T (§232.405 of this chapter) during the preceding 12 months (or for such shorter period that theregistrant was required to submit such files). Yes☒No☐ Indicate by check mark whether the registrant is a large accelerated filer, an accelerated filer, a non-accelerated filer, a smallerreporting company or an emerging growth company. See definitions of “large accelerated filer”, “accelerated filer”, “smaller reportingcompany”, and “emerging growth company” in Rule12b-2 of the Exchange Act. If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period forcomplying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.☐ Indicate by check mark whether the registrant is a shell company (as defined in Rule 12b-2 of the Exchange Act). Yes☒No☐ As of May 12, 2026, there were 14,482,813 Class A ordinary shares, $0.0001 par value and 5,750,000 Class B ordinary shares,$0.0001 par value, issued and outstanding. COLLECTIVE ACQUISITION CORP. FORM 10-Q FOR THE QUARTER ENDED MARCH 31, 2026 TABLE OF CONTENTS PagePart I. Financial Information1Item 1. Financial Statements1Condensed Balance Sheets as of March 31, 2026 (Unaudited) and December 31, 20251Condensed Statements of Operations (Unaudited) for the three months ended March 31, 2026 and 20252Condensed Statements of Changes in Shareholders’ Deficit (Unaudited) for the three months ended March 31, 2026and 20253Condensed Statements of Cash Flows (Unaudited) for the three months ended March 31, 2026 and 20254Notes to Condensed Financial Statements (Unaudited)5Item 2. Management’s Discussion and Analysis of Financial Condition and Results of Operations18Item 3. Quantitative and Qualitative Disclosures Regarding Market Risk21Item 4. Controls and Procedures21Part II. Other Information22Item 1. Legal Proceedings22Item 1A. Risk Factors22Item 2. Unregistered Sales of Equity Securities and Use of Proceeds22Item 3. Defaults Upon Senior Securities22Item 4. Mine Safety Disclosures23Item 5. Other Information23Item 6. Exhibits23Signatures24 COLLECTIVE ACQUISITION CORP.CONDENSED STATEMENTS OF OPERATIONS(UNAUDITED) For the Three MonthsEnded March 31,20262025Formation and general and administrative costs$585,975$48,094Loss from operations(585,975)(48,094)OTHER INCOMEIncome earned on marketable securities held in Trust Account1,300,569—Total other income1,300,569—NET INCOME (LOSS)$714,594$(48,094)Basic and diluted weighted average shares outstanding, Class A redeemable ordinary shares14,375,000—Basic and diluted net income per share, Class A redeemable ordinary shares$0.04$—Basic and diluted weighted average shares outstanding, Class A and Class B non-redeemable ordinaryshares5,857,8135,000,000Basic and diluted net income (loss) per share, Class A and Class B non-redeemable ordinaryshares$0.04$(0.01)The accompanying notes are an integral part of these unaudited condensed financial statements.2 COLLECTIVE ACQUISITION CORP.CONDENSED STATEMENTS OF CHANGES IN SHAREHOLDERS’ DEFICIT(UNAUDITED) FOR THE THREE MONTHS ENDED MARCH 31, 2026 (1)Class B ordinary shares included an aggregate of 750,000 shares subject to forfeiture if the over-allotment option was notexercised fully by the underwriters (see Note 5). As a result of the underwriters’ election to fully exercise their over-allotmentoption on May 8, 2025, the 750,000 Class B ordinary shares are no longer subject to forfeiture.(2)On April 22, 2025, the Original Sponsor surrendered 1,150,000 Class B ordinary shares, where the number of outstanding foundershares was reduced to 5,750,000 in the aggregate. All share and per share data have been retrospectively presented (see Note 5). The accompanying notes are an integral part of these unaudited condensed financial statements. COLLECTIVE ACQUISITION CORP.CONDENSED STATEMENTS OF CASH FLOWS(UNAUDITED) COLLECTIVE ACQUISITION CORP.NOTES TO CONDENSED FINANCIAL STATEMENTSMARCH 31, 2026(Unaudited) NOTE 1—ORGANIZATION AND BUSINESS OPERATIONS Formation and Initial Public Offering