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.