SCHEDULE 13G/A: Meteora Capital and Vik Mittal Disclose 8.08% Passive Stake in dMY Squared Technology Group

Meteora Capital, LLC and its Managing Member, Vik Mittal, have disclosed a beneficial ownership of 8.08% in dMY Squared Technology Group, Inc.'s Class A common stock, totaling 188,985 shares, as of April 30, 2025.

Summary

• Meteora Capital, LLC and Vik Mittal, its Managing Member, are the Reporting Persons in this Schedule 13G filing.
• The filing pertains to their beneficial ownership of Class A common stock, par value $0.0001 per share, of dMY Squared Technology Group, Inc.
• As of April 30, 2025, the Reporting Persons collectively beneficially own 188,985 shares of the issuer's Class A common stock.
• This ownership represents 8.08% of the total outstanding Class A common stock.
• The shares are held by certain funds and managed accounts for which Meteora Capital serves as investment manager (the "Meteora Funds").
• Both Meteora Capital, LLC and Vik Mittal share voting and dispositive power over all 188,985 shares.
• The securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing the control of the issuer.

Sentiment

Score: 5

Explanation: The filing is a routine disclosure of beneficial ownership and does not contain information that would significantly alter sentiment regarding the issuer's operational or financial performance. It explicitly states the stake is passive.

Future Outlook

NA

Management Comments

• Meteora Capital, LLC and Vik Mittal certified that the securities were acquired and are held in the ordinary course of business and were not acquired and are not held for the purpose of or with the effect of changing or influencing the control of the issuer of the securities, nor in connection with or as a participant in any transaction having that purpose or effect, other than activities solely in connection with a nomination under Rule 14a-11.

Industry Context

NA

Stakeholder Impact

• Increased transparency for shareholders regarding a significant beneficial ownership stake held by an investment firm.

Key Dates

Keywords

dMY Squared Technology Group, Meteora Capital, Vik Mittal, Schedule 13G, beneficial ownership, Class A common stock, investment management, SEC filing