dMY Squared Technology Group, Inc. Receives NYSE American Notice Regarding Delayed Form 10-Q Filing
dMY Squared Technology Group (NYSE American: DMYY) has received a notice from NYSE American on August 20, 2025, indicating non-compliance with Section 1007 of the NYSE American Company Guide due to delayed filing of its Q2 2025 Form 10-Q.
The company has until February 19, 2026 to file the delayed report, with the possibility of requesting an additional six-month extension until August 19, 2026. While the notice has no immediate impact on DMYY's listing status, failure to meet compliance deadlines could result in delisting from NYSE American.
dMY Squared Technology Group (NYSE American: DMYY) ha ricevuto il 20 agosto 2025 una comunicazione da NYSE American che segnala la non conformit脿 alla Sezione 1007 della Guida alle Societ脿 di NYSE American a causa del ritardo nella presentazione del modulo 10-Q relativo al secondo trimestre 2025.
L'azienda ha tempo fino al 19 febbraio 2026 per depositare il rapporto in ritardo, con la possibilit脿 di richiedere un'ulteriore proroga di sei mesi fino al 19 agosto 2026. Sebbene la comunicazione non influisca immediatamente sullo status di quotazione di DMYY, il mancato rispetto delle scadenze di conformit脿 potrebbe comportare la cancellazione dalla lista di NYSE American.
dMY Squared Technology Group (NYSE American: DMYY) recibi贸 el 20 de agosto de 2025 una notificaci贸n de NYSE American que indica incumplimiento de la Secci贸n 1007 de la Gu铆a de Empresas de NYSE American debido a la presentaci贸n tard铆a del Formulario 10-Q del segundo trimestre de 2025.
La compa帽铆a tiene hasta el 19 de febrero de 2026 para presentar el informe atrasado, con la opci贸n de solicitar una pr贸rroga adicional de seis meses hasta el 19 de agosto de 2026. Aunque la notificaci贸n no afecta de forma inmediata el estatus de cotizaci贸n de DMYY, el incumplimiento de los plazos de cumplimiento podr铆a resultar en la exclusi贸n de NYSE American.
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dMY Squared Technology Group (NYSE American: DMYY) a re莽u le 20 ao没t 2025 un avis de la NYSE American indiquant une non-conformit茅 脿 la section 1007 du NYSE American Company Guide en raison du d茅p么t tardif de son formulaire 10-Q pour le deuxi猫me trimestre 2025.
La soci茅t茅 dispose jusqu'au 19 f茅vrier 2026 pour d茅poser le rapport en retard, avec la possibilit茅 de demander une prolongation suppl茅mentaire de six mois jusqu'au 19 ao没t 2026. Bien que l'avis n'ait pas d'impact imm茅diat sur le statut de cotation de DMYY, le non-respect des d茅lais de conformit茅 pourrait entra卯ner la radiation de la NYSE American.
dMY Squared Technology Group (NYSE American: DMYY) hat am 20. August 2025 eine Mitteilung von der NYSE American erhalten, die auf eine Nichtbefolgung von Abschnitt 1007 des NYSE American Company Guide hinweist, da der Quartalsbericht Form 10-Q f眉r Q2 2025 versp盲tet eingereicht wurde.
Das Unternehmen hat bis zum 19. Februar 2026 Zeit, den versp盲teten Bericht einzureichen, mit der M枚glichkeit, eine zus盲tzliche sechsmonatige Verl盲ngerung bis zum 19. August 2026 zu beantragen. Obwohl die Mitteilung keine unmittelbaren Auswirkungen auf den Listenstatus von DMYY hat, k枚nnte ein Vers盲umnis, die Compliance-Fristen einzuhalten, zur Delistung von der NYSE American f眉hren.
- None.
- Company failed to file Q2 2025 Form 10-Q by the required deadline
- Risk of potential delisting from NYSE American if compliance is not achieved by February 19, 2026
- No assurance that NYSE American will grant additional extension if requested
Insights
NYSE American notice for delayed 10-Q filing creates delisting risk if DMYY doesn't comply by February 2026.
dMY Squared Technology Group has received a notice of non-compliance from NYSE American for failing to file its Q2 2025 quarterly report on time. The company now faces a critical regulatory challenge with potential delisting implications. While the notice doesn't immediately affect DMYY's listing status, it initiates a compliance timeline that requires action.
The regulatory framework provides DMYY until February 19, 2026 (six months from the original due date) to file its delayed report. If the company misses this extended deadline, it can request additional time鈥攑otentially extending until August 19, 2026鈥攖hough approval isn't guaranteed. The exchange retains the right to begin delisting procedures at any point during this period if circumstances warrant.
This filing delay raises several governance and transparency concerns. The absence of quarterly financial data creates an information gap for investors who rely on timely disclosures to evaluate the company's performance and financial health. Without current financial statements, investors face increased uncertainty about DMYY's operations, potentially affecting market confidence and valuation.
The company's statement that it's "working diligently" to complete the filing lacks specific details about the cause of the delay or a concrete timeline for resolution, which may further contribute to investor uncertainty. Filing delays sometimes signal deeper issues like accounting problems, internal control weaknesses, or resource constraints that require close monitoring.
LAS VEGAS, Aug. 22, 2025 (GLOBE NEWSWIRE) -- dMY Squared Technology Group, Inc. (NYSE American: DMYY) (the 鈥淐ompany鈥�) announced today that it received a notice (the 鈥淣otice鈥�) on August 20, 2025 from the NYSE Regulation staff of the NYSE American LLC (the 鈥淣YSE American鈥�) stating that the Company is not in compliance with Section 1007 of the NYSE American Company Guide (the 鈥淩ule鈥�) because it has not timely filed its Quarterly Report on Form 10-Q as of and for the three and six months ended June 30, 2025 (the 鈥淪econd Quarter 10-Q鈥�) with the Securities and Exchange Commission (the 鈥淪EC鈥�). The Rule requires listed companies to timely file all required periodic financial reports with the SEC. The Notice has no immediate effect on the listing or trading of the Company鈥檚 securities. However, if the Company fails to timely regain compliance with the Rule, the Company鈥檚 securities will be subject to delisting from the NYSE American.
Under NYSE American listing standards, the Company has six months from the due date of the Second Quarter 10-Q, or until February 19, 2026, to file the Second Quarter 10-Q. If the Company fails to file the Second Quarter 10-Q by February 19, 2026, it can submit a request to the NYSE American to allow the Company鈥檚 securities to continue to trade on the NYSE American. If the NYSE American accepts the Company鈥檚 request, then the NYSE American may grant an additional six months, or until August 19, 2026, to file the Second Quarter 10-Q. However, there can be no assurance that the NYSE American will accept the Company鈥檚 request or that the Company will be able to regain compliance within any extension period granted by the NYSE American. The NYSE American may commence delisting procedures at any time during the period that is available to the Company to complete the filing, if circumstances warrant.
The Company is working diligently to complete its Second Quarter 10-Q. The Company intends to file the Second Quarter 10-Q as soon as practicable to regain compliance with the Rule.
About dMY Squared Technology Group, Inc.
dMY Squared Technology Group, Inc. is a blank check company whose business purpose is to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.听
Cautionary Note Regarding Forward-Looking Statements
This press release includes 鈥渇orward-looking statements鈥�. Certain of these forward-looking statements can be identified by the use of words such as 鈥渋ntends鈥�, 鈥渕ay鈥�, 鈥渨ill鈥� or other similar expressions. These forward-looking statements are based on management鈥檚 current expectations. These statements are neither promises nor guarantees, but involve known and unknown risks, uncertainties and other important factors that may cause actual future events, results or achievements to be materially different from the Company鈥檚 expectations expressed or implied by the forward-looking statements. Such factors include, but are not limited to: the preparation of the Company鈥檚 financial statements for the fiscal quarter ended June 30, 2025, and the risk that such preparation takes longer than anticipated; the Company鈥檚 ability to regain and maintain compliance with the requirements of the NYSE American; adverse effects on the Company鈥檚 business related to the disclosures made in this press release, or the initiation of new legal proceedings; and volatility of the Company鈥檚 stock price; as well as the business, financial, and accounting risks and the other important risk factors discussed under the caption 鈥淩isk Factors鈥� in the Company鈥檚 Annual Report on Form 10-K for the year ended December 31, 2024, filed with the Securities and Exchange Commission on April 3, 2025, and the Company鈥檚 other filings with the Securities and Exchange Commission. These forward-looking statements speak only as of the date of this press release and are based on information available to the Company as of the date of this press release, and the Company assumes no obligation to update any forward-looking statements, whether as a result of new information, future events or otherwise. Readers are cautioned not to put undue reliance on forward-looking statements.
Contact:
David Chung
dMY Squared Technology Group, Inc.
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FAQ
What is the deadline for DMYY to file its delayed Q2 2025 Form 10-Q?
What happens if DMYY fails to file its Form 10-Q by the deadline?
Does the NYSE American notice affect DMYY's current stock listing?
What caused DMYY to receive the NYSE American notice?
