tiprankstipranks
Trending News
More News >

dMY Squared Technology Group Announces Leadership Change

Story Highlights
dMY Squared Technology Group Announces Leadership Change

The latest announcement is out from dMY Squared Technology Group, Inc. Class A ( (DMYY) ).

On February 26, 2025, Niccolo de Masi resigned as CEO and board member of dMY Squared Technology Group, Inc., a special purpose acquisition company, to pursue another opportunity. Harry L. You, the company’s CFO and Chairman, was appointed as the new CEO, continuing his roles as CFO and Chairman. Additionally, dMY Squared Technology Group, Inc. and Horizon Quantum Computing Pte. Ltd. announced a non-binding letter of intent for a potential business combination. This collaboration aims to leverage Horizon Quantum’s software development tools for quantum computers, potentially leading to the creation of a publicly listed company, though the completion of the deal is subject to various conditions.

More about dMY Squared Technology Group, Inc. Class A

YTD Price Performance: 2.08%

Average Trading Volume: 2,446

Technical Sentiment Consensus Rating: Strong Sell

Current Market Cap: $42.32M

See more insights into DMYY stock on TipRanks’ Stock Analysis page.

Disclaimer & DisclosureReport an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App