DMY Squared Tech SEC Filings

dMY Squared Technology Group, Inc. reports that its securities will be delisted from NYSE American because it did not complete its initial business combination within the required 36‑month window ending September 29, 2025. Trading in its Class A common stock, warrants and units on NYSE American will be suspended at the close of business on that date, with a Form 25‑NSE to remove the securities from listing and registration.

dMY Squared expects its Class A common stock, warrants and units to begin trading on the OTCQB and OTCID Markets on September 30, 2025, under the symbols “DMYY”, “DMYYWS” and “DMYYU”. The company will remain an SEC reporting entity and does not require securityholders to exchange their securities, but warns there may be a very limited market for trading and that its trading price may be adversely affected. dMY Squared states it is working diligently to complete its previously announced business combination with Horizon Quantum Computing Pte. Ltd.

National Philanthropic Trust filed a Schedule 13D reporting receipt of 231,520 shares of dMY Squared Technology Group, Inc. Class A common stock, representing 9.0% of the Class A outstanding after conversion. The shares were donated by Niccolo de Masi after an optional one-for-one conversion of Class B into Class A shares and were received by the Reporting Person for no consideration. The Reporting Person is a charitable 501(c)(3) sponsor of donor-advised funds and states the donation furthers its charitable purpose. The filing discloses the Reporting Person is subject to a Sponsor Support Agreement and certain Insider Letter provisions and anticipates becoming party to a Lock-Up Agreement and a Registration Rights Agreement at closing of the referenced Business Combination. After transfer restrictions expire, the Reporting Person anticipates selling the donated shares in an orderly manner but has not determined timing or amounts.

National Philanthropic Trust filed a Schedule 13D reporting receipt of 231,520 shares of dMY Squared Technology Group, Inc. Class A common stock, representing 9.0% of the Class A outstanding after conversion. The shares were donated by Niccolo de Masi after an optional one-for-one conversion of Class B into Class A shares and were received by the Reporting Person for no consideration. The Reporting Person is a charitable 501(c)(3) sponsor of donor-advised funds and states the donation furthers its charitable purpose. The filing discloses the Reporting Person is subject to a Sponsor Support Agreement and certain Insider Letter provisions and anticipates becoming party to a Lock-Up Agreement and a Registration Rights Agreement at closing of the referenced Business Combination. After transfer restrictions expire, the Reporting Person anticipates selling the donated shares in an orderly manner but has not determined timing or amounts.

dMY Squared Technology Group, Inc. furnished an update on how it can extend the deadline to complete its initial business combination. The company’s amended and restated articles of organization permit up to 23 monthly extensions, each requiring a $50,000 deposit into its trust account, which can push the deadline to December 29, 2025, and may be further extended with shareholder approval.

These possible extensions are intended to give dMY Squared more time to close its previously announced business combination with Horizon Quantum Computing Pte Ltd. Under the business combination agreement, the outside date automatically moves to the last date dMY Squared is allowed to consummate its initial business combination, up to March 29, 2026.

dMY Squared Technology Group, Inc. furnished an update on how it can extend the deadline to complete its initial business combination. The company’s amended and restated articles of organization permit up to 23 monthly extensions, each requiring a $50,000 deposit into its trust account, which can push the deadline to December 29, 2025, and may be further extended with shareholder approval.

These possible extensions are intended to give dMY Squared more time to close its previously announced business combination with Horizon Quantum Computing Pte Ltd. Under the business combination agreement, the outside date automatically moves to the last date dMY Squared is allowed to consummate its initial business combination, up to March 29, 2026.

dMY Squared Sponsor, LLC and its manager Harry L. You report shared beneficial ownership of 1,163,484 shares of Class A common stock (or convertible Class B shares) representing 29.7% of the class. The Sponsor holds the shares of record and the shares are convertible one-for-one from Class B to Class A at the holder's election or automatically upon the issuer's initial business combination, subject to adjustment. The filing also notes the Sponsor holds 2,884,660 warrants exercisable at $11.50 that are not exercisable within 60 days. The beneficial ownership figures are presented based on 2,754,852 shares outstanding plus the convertible Class B shares.

dMY Squared Sponsor, LLC and its manager Harry L. You report shared beneficial ownership of 1,163,484 shares of Class A common stock (or convertible Class B shares) representing 29.7% of the class. The Sponsor holds the shares of record and the shares are convertible one-for-one from Class B to Class A at the holder's election or automatically upon the issuer's initial business combination, subject to adjustment. The filing also notes the Sponsor holds 2,884,660 warrants exercisable at $11.50 that are not exercisable within 60 days. The beneficial ownership figures are presented based on 2,754,852 shares outstanding plus the convertible Class B shares.

dMY Squared Technology Group insiders reported a share reclassification and ownership disclosure. The Sponsor distributed 416,266 shares of Class B common stock pro rata to a member; those Class B shares are convertible one-for-one into Class A shares and carry no expiration date. Following the reported transaction, 1,163,484 shares of Class A common stock are shown as beneficially owned by the reporting person(s) of record. The Sponsor is the record holder and Harry L. You is disclosed as managing member with voting and investment discretion, though each reporting person disclaims beneficial ownership except for pecuniary interest.

dMY Squared Technology Group insiders reported a share reclassification and ownership disclosure. The Sponsor distributed 416,266 shares of Class B common stock pro rata to a member; those Class B shares are convertible one-for-one into Class A shares and carry no expiration date. Following the reported transaction, 1,163,484 shares of Class A common stock are shown as beneficially owned by the reporting person(s) of record. The Sponsor is the record holder and Harry L. You is disclosed as managing member with voting and investment discretion, though each reporting person disclaims beneficial ownership except for pecuniary interest.

dMY Squared Technology Group, Inc. entered into a definitive business combination agreement with Horizon Quantum Computing, a Singapore-based developer of quantum operating systems and software tools. A new Singapore public company, to be renamed Horizon Quantum Holdings Ltd., will become the listed parent, with Horizon and dMY as wholly owned subsidiaries after an amalgamation and SPAC merger.

Horizon equity holders and SAFE investors are slated to receive an “Aggregate Amalgamation Consideration” based on $503,000,000 plus any Horizon pre-closing financing, divided by the per-share redemption price of dMY’s public shares. Horizon’s founder will hold high-vote Class B ordinary shares with three votes per share, while other holders receive one-vote Class A ordinary shares, both with identical economic rights.

The parties plan to raise a PIPE at the redemption price and may secure additional financing and backstops to meet a specified working capital test at closing. The deal includes lock-ups of up to two years on many Holdco shares, registration rights for key holders, warrant assumption so existing dMY warrants become exercisable for Holdco Class A shares, and six-year director and officer indemnification and insurance protections. Closing remains subject to shareholder approvals, effectiveness of a Form F-4 registration statement, stock exchange listing of Holdco Class A shares, and other customary conditions, with outside date extensions available if dMY shareholders approve an extension.

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.

dMY Squared Technology Group, Inc. (DMYY) is a special purpose acquisition company that completed an IPO of 6,000,000 units at $10.00 per unit, generating gross proceeds of $60.0 million plus a partial over-allotment of ~319,000 units for ~ $3.2 million. The offering included private placement warrants and founder shares; proceeds and certain private placement amounts were placed in a Trust Account to be used for a future business combination.

The company has extended its combination period to August 29, 2025 by drawing on a non‑interest convertible note (total outstanding $991,667 after a subsequent $50,000 borrow) and received related‑party advances (~$1.4 million outstanding as of June 30, 2025). The filing discloses withdrawals from the Trust Account for taxes and operating expenses, a re‑contribution and a sponsor advance to cover the use of those funds, significant redemptions (~3,980,414 Public Shares redeemed for ~$42.0 million), and that Class A public shares subject to redemption remain classified outside permanent equity.

dMY Squared Technology Group, Inc. (DMYY) amended its quarterly report detailing its SPAC capital structure, trust account movements and liquidity actions. The company raised $60.0 million from a 6,000,000-unit IPO at $10.00 per unit (plus a partial over-allotment that generated ~$3.2 million) and placed net proceeds in a Trust Account that was later moved to an interest-bearing bank deposit in March 2025 to avoid investment company classification.

The filing shows 2,338,586 Class A shares were outstanding and subject to redemption and 1,579,750 Class B shares outstanding. The Sponsor and related parties provided advances (~$1.1 million outstanding as of March 31, 2025, later ~$1.2 million) and the Company drew $841,667 under a convertible note (subsequently $891,667 after a post-period $50,000 draw) to fund extensions of the combination period to May 29, 2025. Management repaid tax withdrawals and re-contributed amounts to the Trust Account and recorded an excise tax obligation of approximately $420,000 that became material in Q1 2025.

dMY Squared Technology Group, Inc. (DMYY) amended its quarterly report detailing its SPAC capital structure, trust account movements and liquidity actions. The company raised $60.0 million from a 6,000,000-unit IPO at $10.00 per unit (plus a partial over-allotment that generated ~$3.2 million) and placed net proceeds in a Trust Account that was later moved to an interest-bearing bank deposit in March 2025 to avoid investment company classification.

The filing shows 2,338,586 Class A shares were outstanding and subject to redemption and 1,579,750 Class B shares outstanding. The Sponsor and related parties provided advances (~$1.1 million outstanding as of March 31, 2025, later ~$1.2 million) and the Company drew $841,667 under a convertible note (subsequently $891,667 after a post-period $50,000 draw) to fund extensions of the combination period to May 29, 2025. Management repaid tax withdrawals and re-contributed amounts to the Trust Account and recorded an excise tax obligation of approximately $420,000 that became material in Q1 2025.