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dMY Squared Advances Horizon Quantum Business Combination Plans

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dMY Squared Advances Horizon Quantum Business Combination Plans

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dMY Squared Technology Group, Inc. Class A ( (DMYY) ) has provided an update.

On September 9, 2025, dMY Squared Technology Group, Inc. entered into a business combination agreement with Horizon Quantum Holdings Pte. Ltd. and Horizon Quantum Computing Pte. Ltd., marking a planned transaction that would combine the SPAC with the quantum computing business. dMY has now furnished a presentation related to the proposed deal and outlined that Horizon, Holdco and dMY will prepare and file a registration statement on Form F-4 with the U.S. Securities and Exchange Commission, including a proxy statement/prospectus for dMY shareholders, who will be asked to vote on the transaction; the companies also highlighted that numerous regulatory, shareholder-approval and market risks could affect the timing, structure and completion of the business combination, underscoring uncertainty around the ultimate outcome for investors and other stakeholders.

More about dMY Squared Technology Group, Inc. Class A

dMY Squared Technology Group, Inc. is a special purpose acquisition company (SPAC) focused on effecting mergers, share exchanges or similar business combinations with one or more businesses, providing a vehicle for private companies to access public markets through a structured combination process.

Average Trading Volume: 20,744

Technical Sentiment Signal: Hold

Current Market Cap: $55.1M

For detailed information about DMYY stock, go to TipRanks’ Stock Analysis page.

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