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dMY Squared Technology Group Inc. news reflects the company’s role as a blank-check issuer and its completed business combination with Horizon Quantum Computing Pte. Ltd. The company was organized to pursue a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Recurring updates for DMYY include shareholder voting matters, proxy-solicitation materials, material agreements, PIPE financing and capital-structure disclosures tied to its SPAC securities. News also covers redemption mechanics, warrant and unit structure, risk factors, operating and financial results, exchange-compliance matters and the corporate-status changes associated with the completed combination.
Horizon Quantum (former dMY, OTC: DMYY) completed a business combination and will begin trading on Nasdaq as HQ on March 20, 2026. The closing provides approximately $120 million of gross proceeds to accelerate R&D, expand a hardware testbed, and advance its Triple Alpha IDE.
The deal was approved by dMY shareholders on March 17, 2026, and the combined company will trade Class A shares and warrants under HQ and HQWWW.
Horizon Quantum (OTC: DMYY) reported multiple milestones ahead of its proposed business combination with dMY Squared Technology Group on March 10, 2026. Highlights include an oversubscribed PIPE financing (more than double a $50 million target), expected world-class board appointments, a first-in‑industry hardware integration testbed, a collaboration on fault‑tolerant computing, and launch of a new object‑oriented language, Beryllium. A dMY stockholder vote is scheduled for March 17, 2026, and the transaction is expected to close in Q1 2026 subject to approvals and customary closing conditions.
Horizon Quantum (DMYY) announced expected board nominees and a planned Chief Legal and Compliance Officer ahead of its business combination with dMY on March 9, 2026. Nominees include Danielle Lambert (formerly Apple), Peter Oey (Grab), Jill Turner (Broadcom) and Harry You (chairman of dMY).
Horizon Quantum also plans to appoint Catherine Fitzsimons of Fidelity as Chief Legal and Compliance Officer, EVP Strategic Initiatives and Company Secretary in May to support the company’s transition to a public company.
Horizon Quantum (OTCQB: DMYY) and dMY Squared announced a $110 million PIPE of common equity to support a proposed business combination expected to close in Q1 2026. The PIPE, led by IonQ and a Fortune 50 technology company, exceeded Horizon Quantum’s original target by more than 120%. Upon closing (assuming no redemptions), Horizon Quantum expects access to approximately $137 million in cash comprising ~$27 million in dMY Squared’s trust plus the $110 million PIPE, before transaction costs. Net proceeds are earmarked for R&D, strengthening the hardware testbed, and advancing the Triple Alpha development environment.
dMY Squared Technology Group (OTCQB: DMYY) and Horizon Quantum announced that Holdco and Horizon confidentially submitted a draft Form F-4 to the SEC on October 22, 2025 in connection with their previously announced business combination agreement dated September 9, 2025.
Subject to SEC review, customary closing conditions and shareholder approvals, Holdco’s Class A ordinary shares and warrants are expected to list on Nasdaq under HQ and HQW upon closing. The filing will include a preliminary proxy statement/prospectus and trigger a special meeting of dMY shareholders when declared effective.
dMY Squared Technology Group (NYSE American: DMYY) announced that its securities will transition to trading on OTC markets starting September 30, 2025, following NYSE American's 36-month SPAC period completion. The company's Class A common stock and warrants will trade on the OTCQB Market under symbols "DMYY" and "DMYYWS", while units will trade on the OTCID Market under "DMYYU".
This transition maintains trading access for shareholders while dMY Squared proceeds with its planned business combination with Horizon Quantum Computing. Upon transaction completion, the combined company's securities are expected to list on Nasdaq under the ticker "HQ".
dMY Squared Technology Group (NYSE:DMYY) has clarified its ability to extend the deadline for completing its initial business combination with Horizon Quantum Computing. The company can implement up to 23 monthly extensions through December 29, 2025, with each extension requiring a $50,000 deposit into the trust account. The outside date under the business combination agreement can extend to March 29, 2026.
The company's Chairman and CEO Harry You expressed continued excitement about partnering with Horizon Quantum to develop a common quantum software platform.
dMY Squared Technology Group (NYSE American: DMYY) has received a notice from NYSE American on August 20, 2025, indicating non-compliance with Section 1007 of the NYSE American Company Guide due to delayed filing of its Q2 2025 Form 10-Q.
The company has until February 19, 2026 to file the delayed report, with the possibility of requesting an additional six-month extension until August 19, 2026. While the notice has no immediate impact on DMYY's listing status, failure to meet compliance deadlines could result in delisting from NYSE American.
Horizon Quantum Computing and dMY Squared Technology Group (NYSE: DMYY) have signed a non-binding letter of intent for a business combination, with the combined company expected to be publicly listed. The deal values Horizon Quantum at approximately $500 million pre-money equity.
Horizon Quantum is developing advanced software development tools for quantum computers, focusing on simplifying the process of creating quantum computing applications. The company aims to create the world's first quantum operating system, comparable to the role of Windows and DOS in classical computing.
The transaction is expected to close before year-end, with Dr. Joe Fitzsimons, Horizon Quantum's current CEO, leading the combined company. The definitive agreement is anticipated in the second quarter, subject to due diligence, board and shareholder approvals, and regulatory clearances.
Summary not available.