LAS VEGAS, Aug. 22, 2025 (GLOBE NEWSWIRE) -- dMY Squared Technology Group, Inc. (NYSE American: DMYY) (the “Company”) announced today that it received a notice (the “Notice”) on August 20, 2025 from the NYSE Regulation staff of the NYSE American LLC (the “NYSE American”) stating that the Company is not in compliance with Section 1007 of the NYSE American Company Guide (the “Rule”) because it has not timely filed its Quarterly Report on Form 10-Q as of and for the three and six months ended June 30, 2025 (th ...

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q (Mark One) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from _________ to _________ Commission File Number: 001-41519 DMY SQUARED TECHNOLOGY GROUP, INC. (Exact Name of Registrant as Specified in Its Charter) | Massachusetts | 88-0748933 | | --- | --- | | (State or Other Jurisdiction of | (I.R.S. Employer | | Incorporation or Organization) | Identificati ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal period ended December 31, 2024 Massachusetts 88-0748933 (State or Other Jurisdiction of Incorporation or Organization) 80 North Town Center Drive, Suite 100 Las Vegas, Nevada 89144 (Address of Principal Executive Offices) (Zip Code) OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECU ...

Financial Position - As of September 30, 2024, the company had approximately $385,000 in cash and a working capital deficit of approximately $2.2 million[120]. - The company has significant doubt about its ability to continue as a going concern if a Business Combination does not occur[124]. Initial Public Offering - The company generated gross proceeds of $60.0 million from its Initial Public Offering, incurring offering costs of approximately $3.7 million[107]. - The company has broad discretion regarding the application of net proceeds from the Initial Public Offering and Private Placement Warrants[112]. - The underwriter received an underwriting discount of approximately $0.8 million and an additional deferred fee of $2.1 million, contingent upon the completion of a Business Combination[135]. Trust Account and Investments - The company placed approximately $64.1 million in the Trust Account, invested in U.S. government securities[111]. - The company must complete one or more initial Business Combinations with an aggregate fair market value of at least 80% of the net assets held in the Trust Account[112]. Business Combination and Financing - The company issued a Convertible Note with a principal amount of up to $1.75 million to finance transaction costs related to a Business Combination[123]. - The company has extended its liquidation date to November 29, 2024, drawing down $541,667 from the Convertible Note for this purpose[118]. - The company issued a Convertible Note with a principal amount of up to $1.75 million, which may be converted into warrants at a price of $1.00 per warrant upon the consummation of the initial Business Combination[138]. - The company borrowed $491,667 under a Convertible Note through September 2024, with an additional $50,000 borrowed in October 2024, totaling $541,667[139]. Financial Performance - For the three months ended September 30, 2024, the company reported a net income of approximately $146,000, driven by a gain of approximately $242,000 from changes in fair value of derivative warrant liabilities and approximately $335,000 in interest income[128]. - For the nine months ended September 30, 2024, the company experienced a net loss of approximately $344,000, with general and administrative expenses totaling approximately $793,000 and tax expenses of approximately $798,000, partially offset by approximately $1.0 million in interest income[129]. - For the three months ended September 30, 2023, the company reported a net loss of approximately $73,000, with general and administrative expenses of approximately $241,000 and tax expenses of approximately $161,000, offset by approximately $873,000 in interest income[130]. - For the nine months ended September 30, 2023, the company achieved a net income of approximately $1.6 million, supported by approximately $2.2 million in interest income and approximately $967,000 from changes in fair value of derivative warrant liabilities[131]. Administrative Expenses - The company has incurred approximately $30,000 in administrative expenses paid to the Sponsor for both the three and nine months ended September 30, 2024, and September 30, 2023[132]. - The company has an outstanding balance of $160,000 and $70,000 in accrued expenses related to administrative fees as of September 30, 2024, and December 31, 2023, respectively[132]. Derivative Liabilities - The company has recorded non-cash gains and losses related to changes in the fair value measurement of derivative liabilities at each reporting period[126].

UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended June 30, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to | --- | --- | --- | |-------------------------------------------------------------------------------------------------------------------------------------------------- ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2024 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to DMY SQUARED TECHNOLOGY GROUP, INC. Securities registered pursuant to Section 12(b) of the Act: | | Trading | Name of each exchange | | --- | --- | - ...

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-K (Mark One) ☒ ANNUAL REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the fiscal period ended December 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to Commission File Number: 001-41519 DMY SQUARED TECHNOLOGY GROUP, INC. (Exact Name of Registrant as Specified in Its Charter) Massachusetts 88 ...

Washington, D.C. 20549 Table of Contents FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended September 30, 2023 UNITED STATES SECURITIES AND EXCHANGE COMMISSION OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to DMY SQUARED TECHNOLOGY GROUP, INC. (Exact name of registrant as specified in its charter) Massachusetts 001-41519 88-0748933 (State or other jur ...

Financial Position - As of June 30, 2023, dMY Squared Technology Group, Inc. had a cash and working capital deficit of approximately $724,000, including tax obligations of about $342,000[145]. - The company has incurred significant costs in pursuit of acquisition plans and expects to continue doing so[145]. - The management has substantial doubt about the company's ability to continue as a going concern if a Business Combination is not completed[148]. - The Inflation Reduction Act imposes a 1% excise tax on stock repurchases, which may affect the company's cash available for Business Combinations[152]. - The company has not commenced any operations and will not generate operating revenues until after completing a Business Combination[134]. - As of June 30, 2023, the company did not have any off-balance sheet arrangements or contractual obligations[166]. Initial Public Offering (IPO) - The Initial Public Offering (IPO) generated gross proceeds of $60.0 million from the sale of 6,000,000 units at $10.00 per unit, with offering costs of approximately $3.7 million[135]. - An additional $3.2 million was raised from the underwriter's partial over-allotment of 319,000 units[135]. - The total net proceeds placed in the Trust Account amounted to approximately $64.1 million, invested in U.S. government securities[139]. - The underwriter received an underwriting discount of approximately $0.8 million upon the closing of the Initial Public Offering, with an additional deferred fee of $2.1 million payable upon completion of a Business Combination[162]. Business Combination - The company has 15 months from the IPO closing date to complete an initial Business Combination, extendable up to 21 months under certain conditions[142]. - If a Business Combination is not completed within the specified period, the company will cease operations and redeem Public Shares at a price equal to the amount in the Trust Account[143]. - The Sponsor extended Overfunding Loans to the company totaling $947,850, which will be repaid or converted into shares upon the closing of the initial Business Combination[164]. Financial Performance - For the three months ended June 30, 2023, the company reported a net income of approximately $1.2 million, driven by a change in fair value of derivative warrant liabilities of approximately $907,000 and interest income of approximately $669,000[155]. - For the six months ended June 30, 2023, the company achieved a net income of approximately $1.7 million, with approximately $1.5 million from changes in fair value of derivative warrant liabilities and approximately $1.4 million from interest income[156]. - The company incurred approximately $742,000 in general and administrative expenses for the six months ended June 30, 2023, including $60,000 paid to the Sponsor[156]. - The company has recorded an outstanding balance of $10,000 in accrued expenses related to administrative services as of June 30, 2023[159]. - The company entered into an agreement to pay the Sponsor $10,000 per month for office space and administrative services, with a total of $30,000 recorded for the three months ended June 30, 2023[159]. - The company reported a net loss of $41,000 for the period from February 15, 2022, through June 30, 2022, solely from general and administrative expenses[158]. Regulatory Classification - The company is classified as an "emerging growth company" under the JOBS Act, allowing it to delay the adoption of new accounting standards[167].

Table of Contents UNITED STATES SECURITIES AND EXCHANGE COMMISSION Washington, D.C. 20549 FORM 10-Q ☒ QUARTERLY REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the quarterly period ended March 31, 2023 OR ☐ TRANSITION REPORT PURSUANT TO SECTION 13 OR 15(d) OF THE SECURITIES EXCHANGE ACT OF 1934 For the transition period from to DMY SQUARED TECHNOLOGY GROUP, INC. (Exact name of registrant as specified in its charter) Massachusetts 001-41519 88-0748933 (State or other jurisdi ...