AI Analysis
AI-generated analysis. Always verify with the original filing.
Horizon Quantum Computing Pte. Ltd. completed its business combination with dMY Squared Technology Group, Inc., providing approximately $120 million of gross proceeds before transaction expenses. The combined company's Class A ordinary shares and warrants will begin trading on Nasdaq under 'HQ' and 'HQWWW' on March 20, 2026.
Key Takeaways
1Business Combination closed on March 19, 2026
2Gross proceeds of approximately $120 million before transaction expenses
3dMY shareholders approved Business Combination at special meeting on March 17, 2026
4Nasdaq trading begins March 20, 2026 under 'HQ' for Class A ordinary shares and 'HQWWW' for warrants
5Proceeds to accelerate R&D investments, strengthen hardware testbed, and advance Triple Alpha
6dMY previously traded on OTC under 'DMYY', 'DMYYU', and 'DMYYW'