Horizon Quantum Computing Pte. Ltd. and dMY Squared Technology Group, Inc. Announce $110 Million PIPE Investment to Support Proposed Business Combination
DMY SQUARED TECH GRP A (DMYY)
Company Research
Source: Business Wire
Lead investors include IonQ, one of the world’s largest quantum computing companies, and a Fortune 50 technology company SINGAPORE & LAS VEGAS--(BUSINESS WIRE)--Horizon Quantum Computing Pte. Ltd. (“Horizon Quantum”), a pioneer of software infrastructure for quantum applications, and dMY Squared Technology Group, Inc. (“dMY Squared”) (OTCQB: “DMYY”), a publicly traded special purpose acquisition company, announced that they have entered into subscription agreements with investors for a $110 million PIPE financing comprised of common equity, priced at the SPAC redemption price per share, to support the previously announced proposed business combination (the “Business Combination”) which is expected to close in the first quarter of 2026.The executed PIPE commitments, which exceeded Horizon Quantum’s original target raise by more than 120%, reflect sizable investments from IonQ, Inc., one of the world’s largest quantum computing companies, a Fortune 50 technology company, and several
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News
- Horizon Quantum Computing Pte. Ltd. and dMY Squared Technology Group, Inc. Announce Confidential Submission of Draft Registration Statement on Form F-4 With the SECBusiness Wire
- dMY Squared Technology Group Clarifies Ability to Extend Outside DateBusiness Wire
- Horizon Quantum to Go Public in the U.S. Through Definitive Business Combination Agreement with dMY Squared Technology GroupBusiness Wire
DMYY
Sec Filings
- 12/5/25 - Form 425
- 12/5/25 - Form 425
- 12/5/25 - Form DEFA14A
- DMYY's page on the SEC website