{"schema_version":"secwatch.filing_event.v1","accession":"0001829126-25-006739","form_type":"8-K","ticker":null,"cik":"0001915380","company_name":"dMY Squared Technology Group, Inc.","filed_at":"2025-08-26T23:59:59+00:00","discovered_at":"2026-05-14T18:02:45.581614+00:00","generated_at":"2026-05-17T10:02:38.330217+00:00","sec_items":["4.02"],"event_type":"other_material","sentiment":"negative","materiality_score":0.75,"calibrated_materiality_score":0.75,"confidence":"high","headline":"dMY Squared restates Q1 2025 financials due to under-accrued excise tax; material weakness identified","bullets":["Under-accrued ~$420,000 IRA excise tax from Jan 2024 share redemptions; restatement limited to balance sheet impact.","Company will report a material weakness in internal controls and ineffective disclosure controls as of March 31, 2025.","Restatement does not affect cash position or cash held in trust account.","Error identified during preparation of Q2 2025 Form 10-Q; company intends to restate Q1 2025 10-Q."],"urls":{"canonical":"https://secwatch.observer/filing/0001829126-25-006739","json":"https://secwatch.observer/filing/0001829126-25-006739.json","markdown":"https://secwatch.observer/filing/0001829126-25-006739.md","text":"https://secwatch.observer/filing/0001829126-25-006739.txt","edgar_index":"https://www.sec.gov/Archives/edgar/data/1915380/000182912625006739/0001829126-25-006739-index.htm","edgar_primary_document":"https://www.sec.gov/Archives/edgar/data/1915380/000182912625006739/dmysquared_8k.htm"},"model":{"generated_by":"deepseek-v4-flash:cloud@v2","generated_at":"2026-05-17T10:02:38.330217+00:00"},"review":{"review_status":"machine_generated","human_reviewed":false,"corrected":false,"correction_note":null,"correction_timestamp":null,"superseded_by":null,"related_filings":[]},"source_grounded_claims":[{"claim_id":"3d854ad3b8a1db6292adbd03d7537e13dfca36e8","claim":"dMY Squared Technology Group, Inc. reported that prior financial statements should not be relied upon.","evidence_excerpt":"0-Q”), should no longer be relied upon due to the under-accrual of excise tax payable under the Inflation Reduction Act of 2022 (“IRA”) in connection with the redemption of Public Shares (as defined below) in January 2024 and the corresponding impact on accumulated deficit presented in the balance sheet in the First Quarter 10-Q. As previously disclosed, the Company held a special meeting of its shareholders on January 2, 2024, for the purpose of seeking shareholder approval of an amendment to the Company’s amended and restated articles of association to extend the date by which the Company has to consummate its initial business combination, among other matters (the “Special Meeting”). In connection with the Special Meeting, an aggregate of 3,980,414 shares of Class A common stock initially issued by the Company as part of the units sold in its initial public offering (such shares, the “","evidence_source":"SEC 8-K Item 4.01/4.02","evidence_url":"https://www.sec.gov/Archives/edgar/data/1915380/000182912625006739/0001829126-25-006739-index.htm","confidence":0.9,"family_label":"Auditor Changes","details":[{"label":"Action","value":"non reliance"}],"fact_type":"auditor_change"}],"license":"Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer"}