dMY Squared CEO resigns; SPAC signs $500M LOI with Horizon Quantum Computing

dMY Squared Technology Group, Inc.

CEO Niccolo de Masi resigned immediately; no disagreement with board.
Harry L. You (CFO/Chairman) appointed CEO, retaining CFO and Chairman roles.
Non-binding LOI with Horizon Quantum Computing for business combination; pre-money equity value ~$500M.
Combined company to be publicly listed; led by Horizon CEO Dr. Joe Fitzsimons.
Definitive agreement expected Q2 2025; closing targeted by year-end, subject to conditions.

item 5.02 item 7.01 item 9.01

Executive movements

Machine-extracted from this filing. Every card cites the SEC source. See all recent executive movements.

Departed

Niccolo de Masi

Member of the Board of Directors

dMY Squared Technology Group, Inc.

Effective: 2025-02-26
Filed: February 26, 2025, 6:59 PM ET

On February 26, 2025, Niccolo de Masi, an officer and a member of the Board of Directors (the “Board”) of dMY Squared Technology Group, Inc. (the “Company”), notified the Company of his decision to resign as Chief Executive Officer of the Company and as a member of the Board, effective immediately, in order to pursue another opportunity.

Departed

Niccolo de Masi

Chief Executive Officer

dMY Squared Technology Group, Inc.

Effective: 2025-02-26
Successor: Harry L. You
Filed: February 26, 2025, 6:59 PM ET

On February 26, 2025, Niccolo de Masi, an officer and a member of the Board of Directors (the “Board”) of dMY Squared Technology Group, Inc. (the “Company”), notified the Company of his decision to resign as Chief Executive Officer of the Company and as a member of the Board, effective immediately, in order to pursue another opportunity.

Role change

Harry L. You

Chief Executive Officer

dMY Squared Technology Group, Inc.

Effective: 2025-02-26
Filed: February 26, 2025, 6:59 PM ET

Effective February 26, 2025, Harry L. You, the Company’s Chief Financial Officer and Chairman, was appointed as Chief Executive Officer of the Company.

Key facts

Extracted from this filing and checked against the source text.

Executive change SEC 8-K Item 5.02 confidence 0.95

Niccolo de Masi resigned as Member of the Board of Directors at dMY Squared Technology Group, Inc..

Action: resigned
Role: Member of the Board of Directors

Exact text from the filing

On February 26, 2025, Niccolo de Masi, an officer and a member of the Board of Directors (the “Board”) of dMY Squared Technology Group, Inc. (the “Company”), notified the Company of his decision to resign as Chief Executive Officer of the Company and as a member of the Board, effective immediately, in order to pursue another opportunity.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Niccolo de Masi resigned as Chief Executive Officer at dMY Squared Technology Group, Inc..

Action: resigned
Role: Chief Executive Officer

Exact text from the filing

On February 26, 2025, Niccolo de Masi, an officer and a member of the Board of Directors (the “Board”) of dMY Squared Technology Group, Inc. (the “Company”), notified the Company of his decision to resign as Chief Executive Officer of the Company and as a member of the Board, effective immediately, in order to pursue another opportunity.

View on SEC.gov

Executive change SEC 8-K Item 5.02 confidence 0.95

Harry L. You was appointed as Chief Executive Officer at dMY Squared Technology Group, Inc..

Action: appointed
Role: Chief Executive Officer

Exact text from the filing

Effective February 26, 2025, Harry L. You, the Company’s Chief Financial Officer and Chairman, was appointed as Chief Executive Officer of the Company.

View on SEC.gov

Source: SEC EDGAR

accession 0001193125-25-036925

view filing index on sec.gov

view primary document

Machine-readable: JSON · Markdown · Plain text

This headline and bullets were generated automatically by deepseek-v4-flash:cloud@v2 from the public filing. Read the source on SEC.gov before relying on any specific claim. Not investment advice. See methodology for how this pipeline works.