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dMY Squared Technology Group, Inc. (NYSE American:DMYY) announced Monday that its board of directors approved an extension of the deadline to complete an initial business combination by one month, moving the date from July 29, 2025, to August 29, 2025. This marks the nineteenth extension out of a possible twenty-three one-month extensions available to the company.
According to a statement based on a Securities and Exchange Commission filing, the company deposited an additional $50,000 into its trust account as part of the extension process. The company’s amended and restated articles of organization allow for up to twenty-three monthly extensions, potentially extending the deadline to December 29, 2025, if approved by the board.
dMY Squared Technology Group is a blank check company incorporated in Massachusetts and headquartered in Las Vegas, Nevada. Its securities, including Class A common stock (NYSE American:DMYY), units (NYSE American:DMYY.U), and redeemable warrants (NYSE American:DMYY.WS), are listed on the NYSE American exchange.
The extension provides the company with additional time to identify and complete a business combination, as outlined in its corporate documents. This information is based on a press release statement included in the company’s recent SEC filing.
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