On March 19, 2026, dMY Squared Technology Group, Inc. (the "Company") successfully completed its previously announced business combination with Horizon Quantum Computing Pte. Ltd. and Horizon Quantum Holdings Ltd. This strategic merger marks a significant milestone for the Company as it transitions from a special purpose acquisition company (SPAC) to a fully operational entity under the new name, Horizon Quantum Holdings Ltd. Following the merger, the Class A ordinary shares and warrants of Horizon began trading on The Nasdaq Stock Market under the ticker symbols "HQ" and "HQWWW" respectively, effective March 20, 2026. The business combination was structured to enhance shareholder value and expand the operational capabilities of the newly formed entity. As part of the transaction, 1,403,777 SPAC Public Shares were redeemed at a per share price of approximately $11.82, totaling around $16.47 million. This redemption reflects the shareholders' confidence in the merger's potential to drive future growth. The Company has also adopted a second amended and restated articles of organization to align with its new corporate structure. The leadership team has undergone changes, with Joseph Fitzimons appointed as Chief Executive Officer, alongside other key appointments to the board of directors. This merger is expected to position Horizon Quantum Holdings as a leader in the quantum computing sector, leveraging Horizon's innovative technologies and expertise. The Company aims to capitalize on the growing demand for quantum solutions across various industries, enhancing its strategic outlook and operational execution.

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