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

Periscope Capital Inc. has filed an amended 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. (Periscope) has filed an Amendment No. 5 to Schedule 13G regarding its beneficial ownership in dMY Squared Technology Group, Inc. (the Issuer).
• Periscope, a Canadian federal entity, reported beneficial ownership of 112,500 shares of the Issuer's Class A common stock.
• This ownership represents 4.8% of the Issuer's outstanding Class A common stock.
• The percentage is based on 2,338,586 shares of Common Stock outstanding as of April 2, 2025, as reported in the Issuer's Form 10-K filed on April 3, 2025.
• Periscope itself beneficially owns 50,405 shares, and acts as investment manager for certain private investment funds (Periscope Funds) that collectively directly own 62,095 shares.
• Periscope exercises shared voting and shared dispositive power over all 112,500 shares.
• The filing states that 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 document is a routine Schedule 13G filing disclosing beneficial ownership, which is a factual and neutral report without inherent positive or negative sentiment regarding the issuer's performance or outlook.

Future Outlook

The document is a beneficial ownership report and does not contain any forward-looking statements or guidance regarding the Issuer's future outlook.

Management Comments

• Periscope Capital Inc. certifies that the securities were acquired and are held in the ordinary course of business and not for the purpose of or with the effect of changing or influencing the control of the issuer of the securities.

Industry Context

This filing is a routine disclosure of institutional ownership, providing transparency on significant stakes held by investment managers. It does not offer broader industry trend analysis or competitive insights.

Stakeholder Impact

• Provides transparency to shareholders and the market regarding significant institutional ownership in dMY Squared Technology Group, Inc.

Key Dates

Keywords

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