Horizon Quantum Computing Pte. Ltd. (“Horizon Quantum”), a developer of advanced software tools that bridge the gaps between quantum hardware and applications, and dMY Squared Technology Group, Inc. (“dMY Squared”) (NYSE American: “DMYY”, “DMYY.U” and “DMYY.WS”), a publicly traded special purpose acquisition company sponsored by dMY Technology Group (“dMY Technology”), announced today that they have entered into a definitive business combination agreement. When the transaction closes, the publicly traded company will be named Horizon Quantum Holdings Ltd. and its Class A ordinary shares are expected to be listed on Nasdaq under the ticker “HQ”.
Horizon Quantum Computing Pte. Ltd. (“Horizon Quantum”), developer of advanced software development tools for quantum computers, and dMY Squared Technology Group, Inc. (“dMY”) (NYSE American: “DMYY” and “DMYY.WS), a publicly traded special purpose acquisition company led by Harry You, jointly announced today that they have entered into a non-binding letter of intent (“LOI”) for a business combination. The combined company is expected to be publicly listed.
(BUSINESS WIRE)-- dMY Squared Technology Group, Inc. (the “Company”) announced today that holders of the units sold in the Company’s initial public offering of 6,319,000 units (the “Units”) completed on October 4, 2022 (the “Offering”) may elect to separately trade the shares of Class A common stock, par value $0.0001 per share (the “Class A Common Stock”), and warrants (the “Warrants”) included in the Units commencing on November 21, 2022.