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DMYY-WT
Upturn stock ratingUpturn stock rating

dMY Squared Technology Group Inc. (DMYY-WT)

Upturn stock ratingUpturn stock rating
$1.23
Last Close (24-hour delay)
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PASS
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  • SELL Advisory (Loss)​
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Upturn Stock infoUpturn Stock info Stock price based on last close
*as per simulation
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Upturn Advisory Summary

08/28/2025: DMYY-WT (1-star) is currently NOT-A-BUY. Pass it for now.

Upturn Star Rating

rating

Not Recommended Performance

These Stocks/ETFs, based on Upturn Advisory, consistently fall short of market performance, signaling caution before investing.

Analysis of Past Performance

Type Stock
Historic Profit 88.43%
Avg. Invested days 56
Today’s Advisory PASS
Upturn Star Rating Upturn stock ratingUpturn stock rating
Upturn Advisory Performance Upturn Advisory Performance 3.0
Stock Returns Performance Upturn Returns Performance 4.0
Upturn Profits based on simulationUpturn Profits based on simulation Profits based on simulation
Upturn Profits based on simulationUpturn Profits based on simulation Last Close 08/28/2025

Key Highlights

Company Size ETF
Market Capitalization 0 USD
Price to earnings Ratio -
1Y Target Price -
Price to earnings Ratio -
1Y Target Price -
Volume (30-day avg) -
Beta 0.03
52 Weeks Range 0.11 - 3.10
Updated Date 06/26/2025
52 Weeks Range 0.11 - 3.10
Updated Date 06/26/2025
Dividends yield (FY) -
Basic EPS (TTM) -

Earnings Date

Report Date -
When -
Estimate -
Actual -

Profitability

Profit Margin -
Operating Margin (TTM) -

Management Effectiveness

Return on Assets (TTM) -2.84%
Return on Equity (TTM) -31.2%

Valuation

Trailing PE -
Forward PE -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value -
Price to Sales(TTM) -
Enterprise Value to Revenue -
Enterprise Value to EBITDA -
Shares Outstanding -
Shares Floating 2338580
Shares Outstanding -
Shares Floating 2338580
Percent Insiders -
Percent Institutions -

ai summary icon Upturn AI SWOT

dMY Squared Technology Group Inc.

stock logo

Company Overview

overview logo History and Background

dMY Squared Technology Group Inc. was a special purpose acquisition company (SPAC) focused on the technology sector. It was founded in 2020 by Niccolo de Masi and Harry You. It merged with Planet Labs in December 2021, effectively ceasing to exist as a separate entity. Historical data reflects its performance before the merger.

business area logo Core Business Areas

  • SPAC Formation: dMY Squared Technology Group Inc. was formed as a SPAC to identify and merge with a private company, providing them with a public listing and capital infusion.

leadership logo Leadership and Structure

Before its merger, dMY Squared Technology Group Inc. was led by Niccolo de Masi (CEO) and Harry You (Chairman). As a SPAC, its structure was relatively simple, designed to facilitate the acquisition process.

Top Products and Market Share

overview logo Key Offerings

  • SPAC IPO: dMY Squared Technology Group Inc. offered its shares to the public to raise capital for acquiring a target company. Market share information related to the IPO itself would be limited to its specific offering size. Competitors would be other SPACs also raising capital at that time.

Market Dynamics

industry overview logo Industry Overview

The SPAC market experienced a surge in popularity in 2020 and 2021, followed by a cooling-off period. SPACs provide an alternative route to public markets for private companies.

Positioning

dMY Squared Technology Group Inc. positioned itself as a technology-focused SPAC, aiming to identify and merge with a high-growth technology company.

Total Addressable Market (TAM)

The TAM for SPACs is variable, dependent on the IPO market and investor appetite. The TAM for the technology companies targeted by SPACs is in the trillions of dollars. dMY Squared Technology Group Inc. aimed to secure a portion of capital infusions for a private company going public, positioning them to grow within the larger technology TAM.

Upturn SWOT Analysis

Strengths

  • Experienced Management Team
  • Focus on Technology Sector
  • Access to Public Capital

Weaknesses

  • Dependence on Identifying a Suitable Target
  • Market Volatility
  • Dilution of Existing Shareholders
  • SPAC regulatory landscape

Opportunities

  • Growing Demand for Technology Companies
  • Increasing SPAC Activity
  • Favorable Market Conditions

Threats

  • Competition from Other SPACs
  • Regulatory Scrutiny
  • Economic Downturn
  • Target Company Valuation Issues

Competitors and Market Share

competitor logo Key Competitors

  • VACQ
  • FTIV
  • DCRB

Competitive Landscape

The competitive landscape involved other SPACs seeking to merge with attractive technology companies. Success depended on identifying a high-growth target and completing the merger process efficiently.

Growth Trajectory and Initiatives

Historical Growth: Growth was related to the successful completion of the IPO and the identification of a target company.

Future Projections: N/A

Recent Initiatives: The merger with Planet Labs was the primary recent initiative.

Summary

dMY Squared Technology Group Inc. was a SPAC that successfully merged with Planet Labs. As a SPAC, its success depended on identifying a viable target and completing a successful merger, providing Planet Labs with the capital and platform to pursue its growth strategies. Investor returns were linked to the deal's performance. Key success factors included management experience and access to capital. Post-merger, the success depends on Planet Labs execution.

Peer Comparison

Sources and Disclaimers

Data Sources:

  • SEC Filings
  • Company Press Releases
  • Financial News Sources

Disclaimers:

The information provided is for informational purposes only and does not constitute financial advice. Investment decisions should be based on thorough research and consultation with a financial professional. Historical SPAC data may not be indicative of future results.

Upturn AI SummarizationUpturn AI Summarization AI Summarization is directionally correct and might not be accurate.

Upturn AI SummarizationUpturn AI Summarization Summarized information shown could be a few years old and not current.

Upturn AI SummarizationUpturn AI Summarization Fundamental Rating based on AI could be based on old data.

Upturn AI SummarizationUpturn AI Summarization AI-generated summaries may have inaccuracies (hallucinations). Please verify the information before taking action.

About dMY Squared Technology Group Inc.

Exchange NYSE MKT
Headquaters Las Vegas, NV, United States
IPO Launch date 2022-11-29
CEO, CFO & Chairman of the Board Mr. Harry L. You
Sector -
Industry -
Full time employees -
Full time employees -

dMY Squared Technology Group, Inc. does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the professional service industry that offers accounting, legal, financial, advisory, and other services. The company was incorporated in 2022 and is based in Las Vegas, Nevada.