STOCK TITAN

DMYY (NYSE: DMYY) deposits $50,000 to extend SPAC merger deadline to Sept 29

Filing Impact
(Moderate)
Filing Sentiment
(Neutral)
Form Type
8-K

Rhea-AI Filing Summary

dMY Squared Technology Group, Inc. (DMYY) has extended the deadline to complete its initial business combination by one month, moving the date from August 29, 2025 to September 29, 2025. To support this extension, the company deposited an additional $50,000 into its trust account on August 28, 2025.

This is the twentieth of up to twenty-three one-month extensions permitted under the company’s Amended and Restated Articles of Organization, which allow extensions through December 29, 2025 by board resolution. The filing confirms the board of directors approved this latest extension, maintaining the SPAC’s ability to continue seeking a merger target.

Positive

  • None.

Negative

  • None.
Item 8.01 Other Events Other
Voluntary disclosure of events the company deems important to shareholders but not covered by other items.
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UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

 

FORM 8-K

 

CURRENT REPORT

 

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

 

Date of Report (Date of earliest event reported): August 28, 2025

 

dMY Squared Technology Group, Inc.

(Exact name of registrant as specified in its charter)

 

Massachusetts   001-41519   88-0748933

(State or other jurisdiction

of incorporation)

 

(Commission

File Number)

 

(IRS Employer

Identification No.)

 

1180 North Town Center Drive, Suite 100

Las Vegas, Nevada 89144

(Address of principal executive offices, including zip code)

 

Registrant’s telephone number, including area code: (702) 781-4313

 

Not Applicable

(Former name or former address, if changed since last report)

 

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

 

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)
   
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)
   
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))
   
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

 

Securities registered pursuant to Section 12(b) of the Act:

 

Title of each class   Trading Symbol(s)   Name of each exchange on which registered
Units, each consisting of one share of Class A common stock and one-half of one redeemable warrant   DMYY.U   NYSE American
Class A common stock, par value $0.0001 per share    DMYY   NYSE American
Redeemable warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $11.50 per share   DMYY.WS   NYSE American

 

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

 

Emerging growth company

 

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act.

 

 

 

 

 

 

Item 8.01. Other Events

 

On August 28, 2025, dMY Squared Technology Group, Inc. (the “Company”) caused to be deposited an additional $50,000 into the Company’s trust account in connection with the approval by the Company’s board of directors (the “Board”) of an extension of the date by which the Company has to consummate an initial business combination by an additional month, from August 29, 2025 to September 29, 2025, the twentieth (20th) of twenty-three (23) potential one-month extensions available to the Company. As previously disclosed, the Company’s Amended and Restated Articles of Organization, as amended, provides the Company the right to extend such date up to twenty-three (23) times for an additional one (1) month each time to up to December 29, 2025, by resolution of the Board.

 

1

 

 

SIGNATURE

 

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

 

  DMY SQUARED TECHNOLOGY GROUP, INC.
   
  By: /s/ Harry L. You
  Name: Harry L. You
  Title: Chief Executive Officer, Chief Financial Officer and Chairman
   
Dated: August 29, 2025    

 

2

FAQ

What did dMY Squared Technology Group, Inc. (DMYY) announce in this 8-K?

dMY Squared Technology Group, Inc. announced that its board approved a one-month extension of the deadline to complete an initial business combination, moving the date from August 29, 2025 to September 29, 2025, and that it deposited an additional $50,000 into its trust account in connection with this extension.

How much money did DMYY add to its trust account for this extension?

The company deposited an additional $50,000 into its trust account on August 28, 2025 in connection with the one-month extension of its business combination deadline.

How many extensions has DMYY used and how many are available in total?

This extension is the twentieth (20th) of up to twenty-three (23) potential one-month extensions available to the company under its Amended and Restated Articles of Organization.

What is the latest date DMYY can extend its business combination deadline to?

Under its Amended and Restated Articles of Organization, as amended, DMYY may extend the deadline by up to twenty-three one-month periods to as late as December 29, 2025, by resolution of the board of directors.

Who approved the extension of DMYY’s initial business combination deadline?

The extension was approved by the company’s board of directors, consistent with the extension rights provided in DMYY’s Amended and Restated Articles of Organization.

Who signed the 8-K for dMY Squared Technology Group, Inc.?

The report was signed on behalf of the company by Harry L. You, who is identified as Chief Executive Officer, Chief Financial Officer and Chairman.