--- schema_version: "secwatch.filing_event.v1" accession: "0001193125-24-004522" form_type: "8-K" ticker: null cik: "0001915380" company_name: "dMY Squared Technology Group, Inc." filed_at: "2024-01-08T23:59:59+00:00" generated_at: "2026-06-07T02:37:52.325747+00:00" event_type: "other_material" sentiment: "neutral" materiality_score: 0.75 calibrated_materiality_score: 0.75 confidence: "high" source: SEC EDGAR --- # DMY Squared shareholders approve extension to Dec 2025; ~3.98M shares redeemed ## Summary - Shareholders approved extending business combination deadline to Jan 29, 2024, with 23 optional monthly extensions through Dec 2025. - Sponsor must deposit $41,667 for initial extension and $50,000 per subsequent monthly extension into trust. - Issued up to $1.75M convertible promissory note to Chairman/CFO Harry L. You; $41,667 drawn and deposited in trust. - 3,980,414 Class A shares redeemed; trust account now holds approximately $24.7M. - Also approved founder share one-for-one conversion and removal of $5M net tangible asset redemption limitation. ## SEC filing metadata - accession: 0001193125-24-004522 - form_type: 8-K - cik: 0001915380 - company_name: dMY Squared Technology Group, Inc. - filed_at: 2024-01-08T23:59:59+00:00 - event_type: other_material - sentiment: neutral - materiality_score: 0.75 - calibrated_materiality_score: 0.75 - confidence: high - sec_items: 1.01, 2.03, 3.02, 5.03, 5.07, 9.01 - EDGAR index: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/0001193125-24-004522-index.htm - EDGAR primary document: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/d611250d8k.htm ## Machine-readable alternates - HTML: https://secwatch.observer/filing/0001193125-24-004522 - JSON: https://secwatch.observer/filing/0001193125-24-004522.json - Plain text: https://secwatch.observer/filing/0001193125-24-004522.txt ## Key facts - Debt Financings dMY Squared Technology Group, Inc. incurred convertible notes of $1,750,000 with Harry L. You at no interest maturing earlier of: (i) the date on which Maker consummates an initial business combination and (ii) the date of the liquidation of Maker. - Instrument: convertible notes - Principal: $1,750,000 - Counterparty: Harry L. You - Rate: no interest - Maturity: earlier of: (i) the date on which Maker consummates an initial business combination and (ii) the date of the liquidation of Maker - Event: incurrence source text: 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. evidence_url: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/0001193125-24-004522-index.htm - Governance Changes dMY Squared Technology Group, Inc.: Approved amendment to Charter to extend business combination deadline from January 4, 2024 to January 29, 2024 and allow further extensions up to December 29, 2025 (effective 2024-01-02). - Change: charter amendment - Effective: 2024-01-02 source text: 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 ”); evidence_url: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/0001193125-24-004522-index.htm - Governance Changes dMY Squared Technology Group, Inc.: Approved amendment to Charter to allow Class B common stock holders to convert shares into Class A common stock on a one-for-one basis at any time (effective 2024-01-02). - Change: charter amendment - Effective: 2024-01-02 source text: 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 ”); evidence_url: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/0001193125-24-004522-index.htm - Governance Changes dMY Squared Technology Group, Inc.: Approved amendment to Charter to eliminate net tangible asset limitations on redemption and business combination (effective 2024-01-02). - Change: charter amendment - Effective: 2024-01-02 source text: 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 ”); evidence_url: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/0001193125-24-004522-index.htm - Governance Changes dMY Squared Technology Group, Inc.: Approved amendment to Charter to permit Board to elect to wind up operations earlier than the extended date (effective 2024-01-02). - Change: charter amendment - Effective: 2024-01-02 source text: 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 ”); evidence_url: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/0001193125-24-004522-index.htm - Material Agreements dMY Squared Technology Group, Inc. amended Trust Agreement Amendment with Continental Stock Transfer & Trust Company (effective 2024-01-02). - Action: amendment - Counterparty: Continental Stock Transfer & Trust Company - Effective: 2024-01-02 source text: 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 ”). evidence_url: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/0001193125-24-004522-index.htm - Shareholder Votes dMY Squared Technology Group, Inc. shareholders approved Founder Share Amendment Proposal at the 2024-01-02 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2024-01-02 source text: The final vote tabulation for the Founder Share Amendment Proposal is set forth below. For Against Abstain 5,712,703 737,661 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/0001193125-24-004522-index.htm - Shareholder Votes dMY Squared Technology Group, Inc. shareholders approved Liquidation Amendment Proposal at the 2024-01-02 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2024-01-02 source text: The final vote tabulation for the Liquidation Amendment Proposal is set forth below. For Against Abstain 5,712,703 737,661 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/0001193125-24-004522-index.htm - Shareholder Votes dMY Squared Technology Group, Inc. shareholders approved Trust Agreement Amendment Proposal at the 2024-01-02 meeting. - Outcome: passed - Meeting: 2024-01-02 source text: The final vote tabulation for the Trust Agreement Amendment Proposal is set forth below. For Against Abstain 5,357,547 1,092,817 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/0001193125-24-004522-index.htm - Shareholder Votes dMY Squared Technology Group, Inc. shareholders approved Redemption Limitation Amendment Proposal at the 2024-01-02 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2024-01-02 source text: The final vote tabulation for the Redemption Limitation Amendment Proposal is set forth below. For Against Abstain 5,712,703 737,661 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/0001193125-24-004522-index.htm - Shareholder Votes dMY Squared Technology Group, Inc. shareholders approved Extension Amendment Proposal at the 2024-01-02 meeting. - Proposal: charter amendment - Outcome: passed - Meeting: 2024-01-02 source text: The final vote tabulation for the Extension Amendment Proposal is set forth below. For Against Abstain 5,357,547 1,092,817 0 evidence_url: https://www.sec.gov/Archives/edgar/data/1915380/000119312524004522/0001193125-24-004522-index.htm This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.