dMY Squared Technology Group, Inc.: debt financing — DMY Squared shareholders approve extension to Dec 2025; ~3.98M shares redeemed

In connection with the Contribution, on January 2, 2024, the Company issued an unsecured convertible promissory note to Harry L. You, Chairman and Chief Financial Officer of the Company and an affiliate of the Sponsor (the “ Payee ”) with a principal amount up to $1,750,000 (the “ Note ”). The Note bears no interest and is repayable on the earlier of: (i) the date on which Maker consummates an initial business combination and (ii) the date of the liquidation of Maker.

a proposal to amend the Company’s Amended and Restated Articles of Organization (the “ Charter ”) to extend the date by which the Company must consummate a business combination from January 4, 2024 to January 29, 2024 and to allow the Company, without another shareholder vote, by resolution of the Board, to elect to further extend the Extended Date up to twenty-three times for an additional one month each time, until up to December 29, 2025 (such proposal, the “ Extension Amendment Proposal ”);

a proposal to amend the Charter to provide for the right of a holder of Class B common stock of the Company, par value $0.0001 per share (“ Class B common stock ”) to convert their shares of Class B common stock into shares of Class A common stock of the Company, par value $0.0001 per share (“ Class A common stock ”) on a one-for-one basis at any time and from time to time at the election of the holder (the “ Founder Share Amendment Proposal ”);

a proposal to amend the Charter to eliminate from the Charter (i) the limitation that the Company may not redeem public shares in an amount that would cause the Company’s net tangible assets to be less than $5,000,001 and (ii) the limitation that the Company shall not consummate a business combination unless the Company has net tangible assets of at least $5,000,001 (the “ Redemption Limitation Amendment Proposal ”);

a proposal to amend the Charter (the “ Liquidation Amendment ”) to permit the Board, in its sole discretion, to elect to wind up the Company’s operations on an earlier date than the Extended Date or Additional Extended Date, as applicable, as determined by the Board and included in a public announcement (the “ Liquidation Amendment Proposal ”);

As approved by the shareholders of dMY Squared Technology Group, Inc., a Massachusetts corporation (the “ Company ”), at its special meeting of shareholders held on January 2, 2024 (the “ Special Meeting ”), the Company and Continental Stock Transfer & Trust Company (the “ Trustee ”) entered into an amendment (the “ Trust Agreement Amendment ”) to the Investment Management Trust Agreement, dated as of October 4, 2022 (the “ Trust Agreement ”).

The final vote tabulation for the Founder Share Amendment Proposal is set forth below. For Against Abstain 5,712,703 737,661 0

The final vote tabulation for the Liquidation Amendment Proposal is set forth below. For Against Abstain 5,712,703 737,661 0

The final vote tabulation for the Trust Agreement Amendment Proposal is set forth below. For Against Abstain 5,357,547 1,092,817 0

The final vote tabulation for the Redemption Limitation Amendment Proposal is set forth below. For Against Abstain 5,712,703 737,661 0

The final vote tabulation for the Extension Amendment Proposal is set forth below. For Against Abstain 5,357,547 1,092,817 0