secwatch / observer
8-K filed December 5, 2025, 6:59 PM ET CIK 0001915380
M&A confidence high sentiment positive materiality 0.75

dMY Squared announces $110M PIPE for Horizon Quantum deal; led by IonQ and Fortune 50

dMY Squared Technology Group, Inc.

Key facts

Extracted from this filing and checked against the source text.

Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

dMY Squared Technology Group, Inc. entered into Side Letter with IonQ, Inc. (effective 2025-12-04).

Action
entry
Agreement
equity purchase
Counterparty
IonQ, Inc.
Effective
2025-12-04
Exact text from the filing
In connection with the PIPE Subscription Agreement, Holdco, dMY, Horizon and IonQ, Inc. (“ IonQ ”), one of the Subscribers, entered into an agreement (the “ Side Letter ”), which includes, among other things that:
View on SEC.gov
Material Agreements SEC 8-K Item 1.01/1.02 confidence 0.9

dMY Squared Technology Group, Inc. entered into PIPE Subscription Agreements with certain institutional and accredited investors, qualified institutional buyers and strategic investors valued at approximately $110 million (effective 2025-12-04).

Action
entry
Agreement
equity purchase
Counterparty
certain institutional and accredited investors, qualified institutional buyers and strategic investors
Value
approximately $110 million
Effective
2025-12-04
Exact text from the filing
On December 4, 2025, dMY Squared Technology Group, Inc., a Massachusetts corporation (“ dMY ”), Rose Holdco Pte. Ltd. (Company Registration No.: 202537774K), a Singapore private company limited by shares (“ Holdco ”), and Horizon Quantum Computing Pte. Ltd. (Company Registration No.: 201802755E), a Singapore private limited company by shares (“ Horizon ”), entered into Subscription Agreements (the “ PIPE Subscription Agreements ”) with certain institutional and accredited investors, qualified institutional buyers and strategic investors (the “ Subscribers ”), in connection with the previously-announced business combination among dMY, Holdco, and Horizon (the “ Business Combination ”).
View on SEC.gov

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Source: SEC EDGAR
accession 0001829126-25-009715
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