dMY Technology Group, Inc. VI
DMYS
New York Stock Exchange10.25
USD
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dMY Technology Group, Inc. VI
DMYS
(New York Stock Exchange)
Recent
price
10.25
P/E
ratio
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div
yld
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ROIC.AI
Capital Structure
FRC
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- dMY Technology Group, Inc. VI (NYSE: DMYS) is a blank check company whose principal business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company focuses its search for initial business combination targets primarily within the mobile application ecosystem or consumer Internet companies, including segments such as gaming, entertainment, education, e-commerce, dating, and health and wellness; it does not have significant operations to date nor has it generated revenues. Incorporated in Delaware on October 5, 2021, and headquartered in Las Vegas, Nevada, dMY Technology Group, Inc. VI completed its initial public offering on the New York Stock Exchange on October 5, 2021, raising aggregate gross proceeds of $241.5 million. In December 2022, the company entered into a business combination agreement with Rain Enhancement Technologies, Inc., a developer of rainfall generation technology, pursuant to which the combined entity would retain the Rainwater Tech name and trade under the ticker symbol RANY upon closing; however, in April 2023, dMY VI terminated the agreement upon determination by its independent directors that proceeding was not in the best interests of shareholders and announced its intention to dissolve and liquidate, redeeming public shares pro rata from its trust account while allowing warrants to expire worthless. As of late 2025, DMYS shares continue to trade with a market capitalization around $309 million, a price-to-earnings ratio of 13.94, and average daily volume of approximately 317,000 shares, indicating the company remains active post-liquidation announcement without a completed de-listing. The company is led by CEO Niccolo de Masi and operates without specified employee headcount beyond its sponsorship by the broader dMY Technology Group, which has sponsored multiple prior SPACs targeting technology firms.
Rainwater Tech – Innovator in Rainfall Generation Technology – to Become Publicly Traded through a Business Combination with dMY VI