Horizon Quantum Secures $110M PIPE for SPAC Merger


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Horizon Quantum and dMY Squared Announce $110 Million PIPE Investment for Business Combination
SINGAPORE AND LAS VEGAS, NV - December 5, 2025 - Horizon Quantum Computing Pte. Ltd., a pioneer in software infrastructure for quantum applications, and dMY Squared Technology Group, Inc. (OTCQB: "DMYY"), a publicly traded special purpose acquisition company (SPAC), have announced a significant $110 million Private Investment in Public Equity (PIPE) financing.
This substantial investment is set to bolster their proposed business combination, which is anticipated to close in the first quarter of 2026. The PIPE financing, which exceeded Horizon Quantum's original target raise by more than 120%, demonstrates strong investor confidence.
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