Horizon Quantum Computing Pte. Ltd. (HQ)
Company
Horizon Quantum Computing Pte. Ltd. (HQ)
SPAC: dMY Squared Technology Group, Inc. (DMYY)
Mar 20, 2026
Quantum Computers
Merger / DESPAC- SPAC/IPOIPOSep 2022Unit Split · Nov 2022SPAC/IPOIPOSep 2022Unit Split · Nov 2022
- LOILOIFeb 2025LOILOIFeb 2025
- AgreementDealSep 2025AgreementDealSep 2025
- Merger voteVoteMar 2026Merger voteVoteMar 2026
- MergerMergerMar 2026MergerMergerMar 2026
Merger · Mar 2026
SPAC/IPO details
A unit bundles the listed securities. Its components may become separately tradable after a period specified in the prospectus, even before a business combination. Units still outstanding at the business combination are generally separated into their components. Check the relevant SEC filings for the timing and procedure.
Only whole warrants can be exercised; fractional warrants per unit require multiple units to make a whole warrant. Warrants commonly allow holders to buy shares after a business combination at a set exercise price, often USD 11.50. They often last up to five years but may be redeemed earlier. Exercise date, price and term can differ; consult the relevant SEC filings.
Horizon Quantum Computing is developing a new generation of programming tools to simplify and expedite the process of developing software for quantum computers. By removing the need for prior quantum computing experience to develop applications for quantum hardware, Horizon’s tools are making the power of quantum computing accessible to every software developer.
The company was founded by Dr. Joe Fitzsimons in 2018, a former professor with two decades of experience in quantum computing and computational complexity theory. The leadership team also includes Dr. Si-Hui Tan, Chief Science Officer, who holds a Ph.D. in Physics from MIT and has been actively involved in quantum research for the same period.
dMY Squared Technology Group, Inc. is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses. While the Company may pursue an initial business combination target in any industry or geographic region, the Company intends to focus its search for an initial business combination on companies within the professional service industry that provide accounting, legal, financial, advisory or other services to public companies or private companies that are in the process of becoming public companies with enterprise valuations in the range of $500 million to $2 billion. The Company intends to specifically focus on companies that have strong, consistent revenue growth and cash flow.
Chart/Sentiment
Financials
dMY Squared Technology Group, Inc. (DMYY)
Historical SPAC data
| Period end | Trust Assets |
|---|---|
2024-12-3110-K | 25.6 m USD |
2023-12-3110-K | 67.5 m USD |
2022-12-3110-K | 64.7 m USD |
Source: SEC Company Facts · USD. Some values may be calculated; please verify them against the official SEC filings.
- Trust assetsFunds held in trust for redemptions or the merger.
- 25.6 m USD2024-12-31
- Change in trust assetsPercentage change from the previous reported trust value.
- -62.1 %since 2023-12-31 · 2024-12-31
- Trust change since first reportPercentage change from the first reported trust value.
- -60.5 %First trust value 2022-12-31 · 64.7 m USD · 2024-12-31
Source: SEC Company Facts. Please verify calculated values against official filings.











