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0 0 0.0086614173228346 0.0086614173228346 0.0267716535433071 0.0236220472440944 0.0236220472440944 0.0370078740157479
Stock impact report

dMY Squared Technology Group Clarifies Ability to Extend Outside Date

DMY SQUARED TECH GRP A (DMYY) 
Company Research Source: Business Wire
LAS VEGAS--(BUSINESS WIRE)--dMY Squared Technology Group, Inc. (“dMY Squared” or the “Company”) (NYSE American: “DMYY”, “DMYY.U” and “DMYY.WS”), today clarified the Company’s ability to extend the date by which the Company must consummate its initial business combination.As previously disclosed, the Company’s amended and restated articles of organization allow for up to 23 monthly extensions, each requiring the deposit of $50,000 into the Company’s trust account, potentially extending the deadline to December 29, 2025 (which may be further extended with shareholder approval). The extensions will provide the Company additional time to complete its previously-announced business combination with Horizon Quantum Computing Pte Ltd. (“Horizon Quantum”). The outside date under the business combination agreement automatically extends to the last date for the Company to consummate its initial business combination, up to March 29, 2026.Harry You, Chairman and CEO of dMY Squared, commented, Show less Read more
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