Welcome to our dedicated page for dMY Squared Technology Group news (Ticker: DMYYU), a resource for investors and traders seeking the latest updates and insights on dMY Squared Technology Group stock.
Our selection of high-quality news articles is accompanied by an expert summary from Rhea-AI, detailing the impact and sentiment surrounding the news at the time of release, providing a deeper understanding of how each news could potentially affect dMY Squared Technology Group's stock performance. The page also features a concise end-of-day stock performance summary, highlighting the actual market reaction to each news event. The list of tags makes it easy to classify and navigate through different types of news, whether you're interested in earnings reports, stock offerings, stock splits, clinical trials, fda approvals, dividends or buybacks.
Designed with both novice traders and seasoned investors in mind, our page aims to simplify the complex world of stock market news. By combining real-time updates, Rhea-AI's analytical insights, and historical stock performance data, we provide a holistic view of dMY Squared Technology Group's position in the market.
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, Inc. announced that holders of its initial public offering (IPO) units can now separate their shares of Class A common stock and warrants. The IPO, comprising 6,319,000 units, was completed on October 4, 2022. Trading for separated shares begins on November 21, 2022, with Class A common stock trading under symbol 'DMYY' and warrants under 'DMYY.WS'. Each unit consists of one share and half a warrant, with each whole warrant priced at $11.50. The company seeks to merge with businesses primarily in the professional services sector, targeting companies valued between $500 million and $2 billion.
dMY Squared Technology Group has successfully closed its initial public offering (IPO) of 6,000,000 units at $10.00 each, generating gross proceeds of $60 million. The units began trading on the NYSE American under the ticker symbol DMYY.U on September 30, 2022. Each unit comprises one share of Class A common stock and one-half of a redeemable warrant, with the warrants exercisable at $11.50 per share. An additional 900,000 units may be purchased by underwriters to cover over-allotments. The Company aims to pursue business combinations primarily in the professional service industry.
dMY Squared Technology Group, Inc. has priced its initial public offering (IPO) at
FAQ
What is the current stock price of dMY Squared Technology Group (DMYYU)?
