• dMY Squared published an annual report on Form 10-K for the fiscal year ended Dec. 31, 2025, reporting a net loss of USD 17.8 million.
• General and administrative expenses rose more than tripled to USD 4.4 million, driven in part by USD 3.1 million of merger expenses.
• Loss from change in fair value of derivative warrant liabilities was USD 14.3 million, while interest income from the operating account and cash and investments held in the trust account was USD 1.1 million.
• Cash remained minimal at year-end, with a working capital deficit of USD 8.2 million, and management said there is substantial doubt about the company’s ability to continue as a going concern through the earlier of March 29, 2026 or completion of an initial business combination.
• As a business update, dMY Squared said shareholders approved the proposed business combination with Horizon and related matters at a March 17, 2026 special meeting, with closing expected in March 2026 subject to customary conditions including a USD 45 million minimum cash condition plus transaction expenses.

Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. dMY Squared Technology Group Inc. published the original content used to generate this news brief via EDGAR, the Electronic Data Gathering, Analysis, and Retrieval system operated by the U.S. Securities and Exchange Commission (Ref. ID: 0001829126-26-002415), on March 18, 2026, and is solely responsible for the information contained therein.