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dMY Squared Technology Group, Inc. Class A ( (DMYY) ) has shared an announcement.
On December 4, 2025, dMY Squared Technology Group, Inc., Rose Holdco Pte. Ltd., and Horizon Quantum Computing Pte. Ltd. entered into PIPE Subscription Agreements with investors for a $110 million PIPE financing to support their proposed business combination. The financing, which exceeded Horizon Quantum’s original target by over 120%, includes investments from IonQ and other strategic investors. This capital will be used to accelerate Horizon Quantum’s R&D and advance its quantum computing infrastructure, positioning the company to capitalize on the growing quantum computing market.
More about dMY Squared Technology Group, Inc. Class A
dMY Squared Technology Group, Inc. is a publicly traded special purpose acquisition company focused on mergers, capital stock exchanges, asset acquisitions, stock purchases, reorganizations, or similar business combinations. Horizon Quantum Computing Pte. Ltd. is a pioneer in software infrastructure for quantum applications, aiming to bridge the gap between current hardware and future applications through advanced quantum software development tools.
Average Trading Volume: 82,605
Technical Sentiment Signal: Sell
Current Market Cap: $54.3M
For detailed information about DMYY stock, go to TipRanks’ Stock Analysis page.