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dMY Squared Technology Group, Inc. announced that holders of its initial public offering (IPO) units can now separate their shares of Class A common stock and warrants. The IPO, comprising 6,319,000 units, was completed on October 4, 2022. Trading for separated shares begins on November 21, 2022, with Class A common stock trading under symbol 'DMYY' and warrants under 'DMYY.WS'. Each unit consists of one share and half a warrant, with each whole warrant priced at $11.50. The company seeks to merge with businesses primarily in the professional services sector, targeting companies valued between $500 million and $2 billion.
dMY Squared Technology Group has successfully closed its initial public offering (IPO) of 6,000,000 units at $10.00 each, generating gross proceeds of $60 million. The units began trading on the NYSE American under the ticker symbol DMYY.U on September 30, 2022. Each unit comprises one share of Class A common stock and one-half of a redeemable warrant, with the warrants exercisable at $11.50 per share. An additional 900,000 units may be purchased by underwriters to cover over-allotments. The Company aims to pursue business combinations primarily in the professional service industry.
dMY Squared Technology Group, Inc. has priced its initial public offering (IPO) at
