SCHEDULE 13G/A: Wealthspring Capital and Matthew Simpson Report Full Divestment of dMY Square Technology Group Shares

Sentiment:

Beneficial Ownership Report (Amendment)


Wealthspring Capital LLC and Matthew Simpson have filed an amended Schedule 13G, indicating they no longer beneficially own any shares of dMY Square Technology Group, Inc.

Worse than expectedThe reporting persons, Wealthspring Capital LLC and Matthew Simpson, previously held beneficial ownership in dMY Square Technology Group, Inc. (implied by Amendment No. 3), and now report 0% ownership, indicating a full divestment of their holdings.

Summary

  • Wealthspring Capital LLC and Matthew Simpson have filed an Amendment No. 3 to Schedule 13G regarding their beneficial ownership in dMY Square Technology Group, Inc.'s Class A Common Stock.
  • As of December 31, 2024, both Wealthspring Capital LLC and Matthew Simpson report 0.00 shares beneficially owned.
  • This represents 0% of the Class A Common Stock of dMY Square Technology Group, Inc.
  • The filing indicates 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 factual disclosure of ownership change, which itself is neutral in tone. While the divestment could be interpreted negatively by the market, the filing itself does not express sentiment.

Future Outlook

No forward-looking statements or guidance are provided in this beneficial ownership report.

Management Comments

  • "By signing below I certify that, to the best of my knowledge and belief, the securities referred to above 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 and were not acquired and are not held 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 ยงยง 240.14a-11."

Industry Context

This filing is a standard disclosure of beneficial ownership change and does not provide broader industry context or trends.

Stakeholder Impact

  • Shareholders may view the full divestment by Wealthspring Capital LLC and Matthew Simpson as a negative signal regarding the company's prospects or the reporting persons' investment strategy.

Key Dates

DateDescription
12/31/2024Date of event which requires filing of this statement (reporting period end date)
02/10/2025Date of filing and signature by reporting persons

Keywords

SEC filing, Schedule 13G, dMY Square Technology Group, Wealthspring Capital, Matthew Simpson, beneficial ownership, divestment, Class A Common Stock

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