dMY Technology Group, Inc. VI
DMYS-UN
New York Stock Exchange10.31
USD
+0.09
- -
dMY Technology Group, Inc. VI
DMYS-UN
(New York Stock Exchange)
Recent
price
10.31
P/E
ratio
- -
div
yld
- -
ROIC.AI
Capital Structure
FRC
•
in mil. unless spec.Working Capital
FRC
•
in mil. unless spec.Growth Rates
FRC
•
in mil. unless spec.Quarterly Revenue
FRC
•
in mil. unless spec.Quarterly Earnings Per Share
FRC
•
in mil. unless spec.Quarterly Dividends Per Share
FRC
•
in mil. unless spec.- Similar Companies
- Business
- dMY Technology Group, Inc. VI (NYSE: DMYS-UN) operates as a blank check company, or special purpose acquisition company (SPAC), with no significant ongoing business operations other than pursuing a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more target companies. The company focuses primarily on technology sectors including the mobile app ecosystem, gaming, enterprise cloud services, and consumer internet companies with enterprise valuations typically between $1 billion and $3 billion. Its securities include units (DMYS-UN), redeemable Class A common stock (DMYS), and warrants (DMYS.WS), traded on the New York Stock Exchange. Incorporated in Delaware on October 5, 2021, dMY Technology Group, Inc. VI maintains its headquarters at 1180 North Town Center Drive, Suite 100, in Las Vegas, Nevada. Led by CEO Niccolo de Masi and Chairman Harry You, the firm raised $241.5 million in gross proceeds through its initial public offering completed on October 5, 2021. It conducts its search for business combinations on a global basis, without limitation to specific geographies. In December 2022, the company announced a proposed business combination with Rain Enhancement Technologies, Inc., a developer of rainfall generation technology, valuing the target at $200 million and planning a post-combination ticker change to RANY. This agreement terminated in April 2023 when independent directors determined it was not in the best interests of stakeholders, primarily due to Nasdaq listing approval delays. Consequently, dMY VI redeemed all public Class A shares at approximately the trust account value, ceased operations, filed to delist its securities via Form 25, and terminated registration under the Securities Exchange Act of 1934, with redemptions completed by late April 2023. As of December 2025, no further business combination has materialized, and the company remains in a post-liquidation state with minimal activities limited to winding down affairs. Trading persists at around $10.25 per unit or share, reflecting residual trust-like value, though NYSE American initiated delisting proceedings in September 2025 for related dMY entities like dMY Squared (DMYY), underscoring broader challenges in completing timely combinations.