other_material
confidence high
sentiment negative
materiality 0.85
dMY Squared delisted from NYSE American; securities to trade on OTC markets starting Sept 30, 2025
dMY Squared Technology Group, Inc.
- Trading suspended on NYSE American at close Sept 29 for failing to complete initial business combination within 36-month deadline.
- Class A common stock and warrants to trade on OTCQB; units on OTCID under symbols DMYY, DMYYWS, DMYYU, effective Sept 30.
- Still pursuing previously announced business combination with Horizon Quantum Computing Pte. Ltd.; combined company expected to list on Nasdaq under ticker HQ.
- No exchange of securities required; company remains SEC reporting, but OTC market may have limited liquidity and adverse price impact.
- OTC market transition provides continued trading access while dMY Squared expeditiously works to close the Horizon Quantum deal.
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