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SPAC · Merger completed

dMY Squared Technology Group, Inc.

Business combination with Horizon Quantum Computing Pte. Ltd.

dMY Squared Technology Group, Inc. is a blank-check company (SPAC) that raised $60M in its initial public offering on Oct 3, 2022, listing on NYSE American. It completed its business combination with Horizon Quantum Computing Pte. Ltd. on Mar 19, 2026; the combined company is Horizon Quantum Holdings Ltd. (HQ). MY Technology led the IPO, with Planet Labs. Cleary Gottlieb and TCF Law Group advised the SPAC and DLA Piper advised the underwriters on the IPO.

Horizon Quantum Computing Pte. Ltd. was founded in 2018 by Dr Joe Fitzsimons, a former professor in quantum computing. The company creates quantum software development tools intended to bridge the gap between current hardware and future applications.

Status
Merger completed
IPO date
Oct 3, 2022
IPO size
$60M
IPO exchange
NYSE American
Target
Horizon Quantum Computing Pte. Ltd.
Announced
Dec 5, 2025
Closed
Mar 19, 2026
Combined company
Horizon Quantum Holdings Ltd. (HQ)
IPO underwriters
MY Technology and Planet Labs
SPAC counsel (IPO)
Cleary Gottlieb and TCF Law Group
Underwriters' counsel (IPO)
DLA Piper

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