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dMY Squared Technology Group, Inc. Class A ( (DMYY) ) has shared an update.
On September 9, 2025, dMY Squared Technology Group, Inc. and Horizon Quantum Computing entered into a definitive business combination agreement, with the transaction expected to close in the first quarter of 2026. This merger will result in Horizon Quantum Holdings Ltd. becoming a publicly traded company on Nasdaq under the ticker ‘HQ’. The transaction values Horizon Quantum at approximately $503 million and aims to accelerate the development of software infrastructure for quantum computing. The boards of both companies have unanimously approved the transaction, which is anticipated to enhance Horizon Quantum’s access to capital and expedite its technological advancements in the quantum computing sector.
More about dMY Squared Technology Group, Inc. Class A
Horizon Quantum Computing is a company focused on developing hardware-agnostic software platforms that bridge the gap between quantum hardware and applications. Founded by Dr. Joe Fitzsimons in 2018, the company aims to make quantum computing accessible to software developers without deep quantum expertise, thereby unleashing the potential of quantum technology.
Average Trading Volume: 41,383
Technical Sentiment Signal: Buy
Current Market Cap: $47.91M
See more data about DMYY stock on TipRanks’ Stock Analysis page.