secwatch.observer — SEC 8-K summary
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Issuer:     dMY Squared Technology Group, Inc. (—)
CIK:        0001915380
Form:       8-K
Filed at:   2025-02-26T23:59:59+00:00
Accession:  0001193125-25-036925
Event type: m_and_a
Sentiment:  neutral
Materiality: 0.75
Item codes: 5.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

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

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/1915380/000119312525036925/0001193125-25-036925-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/1915380/000119312525036925/d846783d8k.htm
  HTML page:      https://secwatch.observer/filing/0001193125-25-036925

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer