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.
dMY Squared Technology Group, Inc., whose units trade under the symbol DMYYU, generates news primarily as a special purpose acquisition company (SPAC) focused on identifying and completing a business combination. News coverage for DMYYU often centers on capital markets activity, transaction milestones, and regulatory disclosures that affect the SPAC’s units, common stock, and warrants.
Early news items include the pricing and closing of dMY Squared’s initial public offering of units on the NYSE American, where each unit consists of one share of Class A common stock and one-half of one redeemable warrant. These announcements detail the unit structure, listing symbols, and the role of the underwriter, providing context for how DMYYU entered the public markets.
Subsequent news focuses on the company’s progress toward a business combination. Press releases and related SEC filings describe the execution of a business combination agreement with Horizon Quantum Holdings Pte. Ltd. and Horizon Quantum Computing Pte. Ltd., as well as plans to file a registration statement on Form F‑4 that will include a proxy statement/prospectus for shareholders. Additional updates discuss the expected transition of dMY Squared’s securities, including DMYYU, from the NYSE American to OTC markets following the completion of the NYSE American’s SPAC period, and the expectation that, upon closing of the transaction, the combined company’s securities will be listed on Nasdaq under the ticker HQ.
Other notable news items relate to financing and timing. For example, 8-K filings and press releases describe PIPE Subscription Agreements for a private placement of shares in connection with the proposed business combination, as well as board-approved extensions of the deadline to consummate an initial business combination, funded by deposits into a trust account. Together, these updates provide a detailed timeline of key events affecting DMYYU and the broader dMY Squared transaction process.
Investors and observers using this news page can review these announcements to understand how dMY Squared Technology Group, Inc. is progressing from its IPO stage through negotiations, financing arrangements, exchange transitions, and the steps required to complete its proposed business 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.
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 $10.00 per unit, offering a total of 6,000,000 units. Each unit includes one share of Class A common stock and a half warrant, with each whole warrant exercisable at $11.50. The units will trade on the NYSE American under the symbol 'DMYY.U' starting September 30, 2022, with the offering closing on October 4, 2022. The company, focused on service industry mergers, aims for targets with enterprise valuations between $500 million and $2 billion.