On March 19, 2026, dMY Squared Technology Group, Inc. announced the successful completion of its business combination with Horizon Quantum Computing Pte. Ltd. This strategic move is expected to provide Horizon Quantum with approximately $120 million in gross proceeds, which will be utilized to enhance its research and development efforts, strengthen its hardware testbed, and advance its integrated development environment, Triple Alpha. The transaction was approved by dMY's shareholders during a special meeting held on March 17, 2026. Following the completion of the merger, Horizon Quantum's Class A ordinary shares and warrants are set to commence trading on Nasdaq under the ticker symbols 'HQ' and 'HQWWW' respectively, starting March 20, 2026. Dr. Joe Fitzsimons, Founder and CEO of Horizon Quantum, expressed optimism about the future of quantum computing, highlighting the rapid advancements in hardware and error correction technologies. Harry You, Chairman and CEO of dMY, emphasized the importance of software infrastructure in the technology sector, noting that Horizon Quantum's approach is hardware-agnostic, positioning it well for future growth in the quantum computing market.

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