SCHEDULE 13G/A: Periscope Capital Inc. Discloses 4.8% Passive Stake in dMY Squared Technology Group

Periscope Capital Inc. has filed an Amendment No. 4 to Schedule 13G, disclosing a 4.8% beneficial ownership stake in dMY Squared Technology Group, Inc.'s Class A common stock as of March 31, 2025.

Summary

• Periscope Capital Inc. filed an Amendment No. 4 to Schedule 13G, reporting its beneficial ownership in dMY Squared Technology Group, Inc.
• As of March 31, 2025, Periscope Capital Inc. beneficially owns 112,500 shares of dMY Squared Technology Group, Inc.'s Class A common stock.
• This ownership represents 4.8% of the Issuer's total Class A common stock outstanding.
• The percentage is based on 2,338,586 shares of Class A common stock outstanding as of April 2, 2025, as reported in the Issuer's Form 10-K filed on April 3, 2025.
• Periscope Capital Inc. directly owns 50,405 shares and acts as investment manager for certain private investment funds (Periscope Funds) that collectively own 62,095 shares.
• Periscope Capital Inc. holds shared voting power and shared dispositive power over all 112,500 beneficially owned shares.
• The filing certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of changing or influencing control of the Issuer.

Sentiment

Score: 5

Explanation: The document is a standard regulatory filing disclosing passive beneficial ownership, providing neutral information without indicating positive or negative operational or financial performance.

Future Outlook

The document does not contain any forward-looking statements or guidance from dMY Squared Technology Group, Inc. or Periscope Capital Inc. regarding the Issuer's future performance or strategic direction.

Industry Context

This filing is a routine disclosure of passive beneficial ownership by an investment manager, Periscope Capital Inc., in dMY Squared Technology Group, Inc., a company identified as a 'Technology Group.' Such filings are common for institutional investors holding non-controlling stakes and do not inherently indicate specific industry trends beyond general investment activity in the technology sector.

Comparison to Industry Standards

• Not applicable. This Schedule 13G filing is a regulatory disclosure of beneficial ownership and does not contain information comparable to industry-specific operational or financial benchmarks.

Stakeholder Impact

• Shareholders: Provides transparency regarding a significant passive institutional holding in the company's Class A common stock.

Key Dates

Keywords

dMY Squared Technology Group, Periscope Capital Inc., Schedule 13G, beneficial ownership, Class A common stock, investment filing, passive stake