dMY Technology Group VI is a SPAC — a shell company with no operations, revenue, or employees beyond a single executive. Its sole purpose is to identify and merge with a private company, taking it public. dMY raised approximately $64M in its October 2022 IPO and held those funds in a Trust Account while searching for a target. dMY has identified its target: Horizon Quantum Computing, a Singapore-based company developing operating system software and development tools for quantum computers. Shareholders approved the merger in March 2026, with closing expected shortly after. The combined entity will be listed as Horizon Quantum Holdings, after which dMY will cease to exist. The deal is structured as a two-step transaction, combining Horizon with dMY's remaining Trust Account cash, and includes a ~$111.9M PIPE from institutional and strategic investors, including IonQ, a publicly traded quantum computing company. The minimum cash condition to close is $45M plus transaction expenses; the Trust Account holds only ~$27.3M, down from ~$64M at IPO due to mass shareholder redemptions, making the deal largely dependent on PIPE proceeds. dMY's sponsor economics rest on founder shares purchased for ~$25,000 that could be worth substantially more if the deal closes, along with private placement warrants exercisable at $11.50 per share. Public investors can redeem shares at approximately $11.74 per share if they choose not to participate.