Horizon Quantum Computing Pte. Ltd. Completes Business Combination With dMY Squared Technology Group to List on Nasdaq
March 19, 2026
Horizon Quantum Computing Pte. Ltd. completed its previously announced business combination with publicly traded SPAC dMY Squared Technology Group, Inc. The transaction was approved by dMY Squared shareholders on March 17, 2026 and the combined company began trading on Nasdaq on March 20 under ticker symbols “HQ” (shares) and “HQWWW” (warrants). The closing provides Horizon Quantum with approximately $120 million of gross proceeds to accelerate R&D, strengthen its hardware testbed, and further develop its Triple Alpha integrated development environment.
- Buyers
- dMY Squared Technology Group, Inc., Horizon Quantum Computing Pte. Ltd.
- Targets
- Horizon Quantum Computing Pte. Ltd.
- Platforms
- dMY Squared Technology Group, Inc.
- Industry
- Software
- Location
- Singapore
- Transaction Type
- Buyout
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