dMY Squared Technology Group, Inc. 8-K

What Happened
dMY Squared Technology Group, Inc. (DMY) held a virtual special meeting of shareholders on March 17, 2026 and announced that shareholders approved the Business Combination Agreement with Horizon Quantum (Holdco and its subsidiaries). The transaction contemplates (1) conversion of Holdco to a Singapore public company and adoption of a new constitution, (2) the amalgamation of Horizon with a Holdco subsidiary under Singapore law, (3) the merger of DMY into a Holdco subsidiary under Massachusetts law (the SPAC Merger), and (4) related transactions. The Business Combination vote tally was: For 2,167,706; Against 65,194; Abstain 380.

Key Details

• Meeting date and filing: Special meeting held March 17, 2026; reported on Form 8-K.
• Business Combination vote: For 2,167,706 / Against 65,194 / Abstain 380.
• Advisory Organizational Documents (non-binding) — selected results:
  • Change in authorized share capital (2a): For 2,165,041 / Against 67,262 / Abstain 977.
  • Removal of directors (2b): For 2,230,360 / Against 2,280 / Abstain 640.
  • Shareholder right to call meetings (2c): For 2,230,810 / Against 2,030 / Abstain 440.
  • Dual-class share structure (2e): For 2,164,645 / Against 67,145 / Abstain 1,490.
• Because the Business Combination received sufficient votes, the previously disclosed adjournment proposal was not called.

Why It Matters
The approved vote clears a major regulatory and shareholder hurdle for the planned combination that will result in DMY becoming a subsidiary of Holdco and Horizon becoming a Holdco subsidiary, effectively completing the SPAC merger and cross-border reorganization described in the agreement. The advisory votes (non-binding) indicate investor support for key governance features of the post‑combination Holdco (including dual‑class voting and director removal rules), which may affect shareholder voting power and corporate governance after closing. Investors should watch for subsequent filings that provide closing conditions, timing, and any updated capitalization or financial disclosures.