dMY Squared Technology Group, Inc. extended the deadline to complete its initial business combination by one month, moving the date from February 28, 2026 to March 29, 2026. This is the second of up to five one-month extensions the board is allowed to approve.
The company’s Amended and Restated Articles of Organization permit up to five monthly extensions, which could push the final deadline to June 29, 2026 if all are used. The extension was approved by the board of directors via resolution under this existing authority.
dMY Squared Technology Group is asking shareholders to approve a business combination with Singapore-based Horizon Quantum Computing via a new holding company, Horizon Quantum Holdings Ltd. The registration covers the issuance of up to 24,166,557 Holdco Class A ordinary shares, alongside Class B shares and warrants tied to the merger.
The deal includes an estimated $503 million equity valuation for Horizon, a PIPE investment of $110.4 million at the SPAC redemption price, and additional SAFE financing. Post‑closing, Horizon’s founder is expected to control about 64.1% of the voting power through a dual‑class structure, while public shareholders would own about 4.3% of Holdco shares and 2.5% of voting power, implying significant dilution and concentrated control.
DMY Squared Technology Group, Inc. received an amended beneficial ownership report showing that J. Goldman & Co., L.P., J. Goldman Capital Management, Inc., and Jay G. Goldman now report 0 shares of Class A common stock beneficially owned, representing 0% of the class.
The filing, dated for an event on 12/31/2025, confirms that these securities, previously held through J. Goldman Master Fund, L.P. and J. Goldman Enhanced Master Fund, L.P., are no longer beneficially owned. The reporting persons certify the holdings were in the ordinary course of business and not for influencing control of the company.
dMY Squared Technology Group, Inc. extended the deadline to complete its initial business combination by one month, moving the date from January 29, 2026 to February 28, 2026. This is the first of up to five one-month extensions the board may approve.
The company’s governing documents allow the deadline to be extended by board resolution up to five times, potentially moving the final date to June 29, 2026. This action gives the company more time to identify and consummate a suitable merger or acquisition target.
dMY Squared Technology Group, Inc. filed a current report describing its previously disclosed proposed business combination with Horizon Quantum Holdings Pte. Ltd. and Horizon Quantum Computing Pte. Ltd.. The company furnished an investor presentation, dated January 2026, as Exhibit 99.1 to provide additional information about the planned transaction.
The report explains that a registration statement on Form F-4 will be prepared and filed by Holdco and Horizon, including a proxy statement/prospectus for dMY shareholders to vote on the business combination. It highlights that the materials contain forward‑looking statements subject to numerous risks, such as completion of the business combination, shareholder approvals, potential legal proceedings, listing of Holdco’s securities, Horizon’s ability to scale its quantum computing business, the amount of redemptions by dMY public shareholders, and the ability to consummate a previously announced approximately $110 million PIPE financing and related letter agreement with IonQ, Inc. The filing emphasizes that it is not an offer or solicitation to buy or sell securities.
dMY Squared Technology Group, Inc. reported that shareholders approved extending the deadline to complete a business combination from December 29, 2025 to January 29, 2026, with the board permitted to add up to five additional one‑month extensions to as late as June 29, 2026 without another shareholder vote. Shareholders also approved matching amendments to the company’s charter and its Investment Management Trust Agreement with Continental Stock Transfer & Trust Company, which have been executed and filed. At the special meeting, 12,599 Class A common shares were redeemed, leaving approximately $27 million in the trust account available to support a future business combination.
dMY Squared Technology Group, Inc. (DMYY) announced that it, Rose Holdco Pte. Ltd. and Horizon Quantum Computing Pte. Ltd. entered into PIPE subscription agreements with institutional, accredited and strategic investors to support their previously announced business combination. Holdco agreed to issue and sell approximately $110 million of its Class A ordinary shares in a private placement, with the per-share price matching the redemption price of dMY’s public shares for the business combination.
The PIPE investors will receive registration rights, as Holdco agreed to file a resale registration statement for the PIPE shares within 15 business days after the PIPE financing is completed and to seek its effectiveness as soon as practicable. The PIPE closing is expected to occur substantially concurrently with the business combination closing and is subject to conditions including a minimum of 10,000,000 Class A ordinary shares outstanding after closing, listing approval of Holdco’s shares on a major U.S. exchange, and customary accuracy and performance conditions.
dMY Squared Technology Group, Inc. (DMYY) reports that Horizon Quantum Computing, its proposed merger partner, has completed the assembly and integration of its first quantum computer. This update comes in the context of the previously announced Business Combination Agreement among dMY, Horizon, and Rose Holdco Pte. Ltd. for a potential business combination.
The news is furnished under Regulation FD, meaning it is provided for information purposes and is not deemed filed for liability purposes. The companies plan to file a Form F-4 registration statement that will include a proxy statement/prospectus for dMY shareholders to vote on the business combination, and dMY has also circulated a separate proxy statement seeking shareholder approval to extend the deadline to complete a business combination.
dMY Squared Technology Group, Inc. (DMYY) reported that on November 26, 2025 it deposited $50,000 into its trust account to fund an extension of the deadline to complete its initial business combination. The company’s board of directors approved moving the deadline by one month, from November 29, 2025 to December 29, 2025.
This is described as the twenty-third of twenty-three potential one‑month extensions permitted under the company’s Amended and Restated Articles of Organization, as amended. The filing confirms the SPAC is using its final available monthly extension to continue pursuing a business combination within the allowed timeframe.