dMY Squared Technology Group registered to offer 7.5 million units at $10 each. A unit consists of a share and half a warrant, with whole warrants exercisable at $11.50.
dMY in the filing said it will focus on companies within the professional service industry that provide accounting, legal, financial, advisory or other services to public companies or private companies that are in the process of becoming public companies with enterprise valuations in the range of $500 million to $2 billion.
Co-CEO and Director Niccolo de Masi is also the CEO and director of dMY VI and director of Planet Labs, Rush Street Interactive, of IonQ, and of Genius Sports Limited. He is also the non-executive chairman of June UK Topco Jersey Limited, of which Jagex Limited is a wholly-owned indirect subsidiary.
Co-CEO, Chairman and Director Harry L. You is also the chairman of dMY VI and a director of Rush Street Interactive, of IonQ, of Coupang and Genius Sports Limited. You served as the executive vice president of EMC from 2008 to 2016.
The SPAC said it would apply to list on the NYSE American under the symbol DMYY.U, with Needham & Co. serving as lone bookrunner on the deal. Read more.
