dMY Technology Group, Inc. III is a special purpose acquisition company (SPAC) formed to effect a merger, capital stock exchange, asset acquisition or other similar business combination with one or more businesses, with an emphasis on technology-related opportunities. Incorporated in Delaware in August 2020, the company operates as a blank‐check vehicle, seeking to identify and acquire a target company in the technology, media, telecommunications, digital commerce or fintech sectors.
The company’s primary activities center on sourcing and evaluating potential business combination targets, conducting due diligence, negotiating transaction terms and securing shareholder approval for a definitive merger agreement. Until completion of a business combination, dMY Technology Group, Inc. III holds its cash proceeds in a trust account, earning interest while pursuing a suitable target in domestic or international markets.
The management team behind dMY Technology Group, Inc. III brings a blend of finance, technology and investment expertise. The sponsor group, dMY Technology Sponsor III, includes industry veterans with prior experience in operating, funding and scaling growth‐stage companies. Leadership is led by chief executive officer Harry You, supported by founding members Jing Wang and John Zhao.
dMY Technology Group, Inc. III’s units trade on the OTC Markets under the ticker DMYIU, with its Class A ordinary shares quoted on the NYSE. The company continues to build its pipeline of prospective targets, leveraging the industry contacts and transaction experience of its executive team to deliver value through a strategic combination in the technology sector.
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