dMY Technology Group, Inc. II Announces the Separate Trading of its Class A Common Stock & Warrants, Commencing on or about O...
October 02 2020 - 4:15PM
Business Wire
dMY Technology Group, Inc. II (the “Company”) announced today
that holders of the units sold in the Company’s initial public
offering of 27,600,000 units completed on August 18, 2020 (the
“offering”) may elect to separately trade the shares of Class A
common stock and warrants included in the units commencing on or
about October 5, 2020. Any units not separated will continue to
trade on the New York Stock Exchange (the “NYSE”) under the symbol
“DMYD.U”, and each of the shares of Class A common stock and
warrants will separately trade on the NYSE under the symbols “DMYD”
and “DMYD WS,” respectively. No fractional warrants will be issued
upon separation of the units and only whole warrants will trade.
Holders of units will need to have their brokers contact
Continental Stock Transfer & Trust Company, the Company’s
transfer agent, in order to separate the units into shares of Class
A common stock and warrants.
About dMY Technology Group, Inc. II
dMY Technology Group, Inc. II is a blank check company whose
business purpose is to effect a merger, capital stock exchange,
asset acquisition, stock purchase, reorganization or similar
business combination with one or more businesses. While the Company
may pursue an initial business combination target in any industry
or geographic region, the Company intends to focus its search for
an initial business combination on companies within the broader
consumer technology ecosystem that are either consumer-facing or
support the infrastructure of consumer applications (“apps”) with
enterprise valuations in an approximate valuation range of $1.0
billion to $3.0 billion, though the Company’s search may span
consumer software segments worldwide and may pursue a target
outside its expected range.
A registration statement relating to these securities was
declared effective by the U.S. Securities and Exchange Commission
(the “SEC”) on August 13, 2020. This press release shall not
constitute an offer to sell or the solicitation of an offer to buy,
nor shall there be any sale of these securities in any state or
jurisdiction in which such offer, solicitation or sale would be
unlawful prior to registration or qualification under the
securities laws of any such state or jurisdiction.
The offering was made only by means of a prospectus. Copies of
the prospectus relating to the offering may be obtained from
Goldman Sachs & Co., LLC, Attention: Prospectus Department, 200
West Street, New York, NY 10282, telephone: +1 866 471 2526,
facsimile: +1 212 902 9316, or email:
prospectus-ny@ny.email.gs.com; and Needham & Co., LLC,
Attention: Syndicate Prospectus Department, 250 Park Avenue, 10th
Floor, New York, New York 10177, or by calling 800-903-3268, or by
email at prospectus@needhamco.com.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute
“forward-looking statements,” including with respect to the
Company’s search for an initial business combination.
Forward-looking statements are subject to numerous conditions, many
of which are beyond the control of the Company, including those set
forth in the Risk Factors section of the Company’s registration
statement for the initial public offering filed with the SEC.
Copies are available on the SEC’s website, www.sec.gov. The Company
undertakes no obligation to update these statements for revisions
or changes after the date of this release, except as required by
law.
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version on businesswire.com: https://www.businesswire.com/news/home/20201002005436/en/
Investor Contact Harry You dMY Technology Group, Inc. II
harry@dmytechnology.com (702) 781-4313
Media Contact ICR dmy2@icrinc.com
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