LAS VEGAS – dMY Technology Group, Inc. VI (the “Company”) announced today that the subscribers to the previously announced initial public offering of 21,000,000 units of its common shares have fully exercised their option to purchase up to 3,150,000 additional units of the Company at the initial offering price, less subscription discounts and commissions. Including the exercise of the option, the company is expected to issue a total of 24,150,000 units, each unit consisting of a class A common share and half a redeemable warrant, with each full warrant exercisable to purchase one class share. One common share at a price of $ 11.50 per share, with gross income of $ 241.5 million before fees and expenses.
The offering is expected to close on October 5, 2021, subject to customary closing conditions. Goldman Sachs & Co. LLC acts as sole administrator of the offering.
About dMY Technology Group, Inc. VI
dMY Technology Group, Inc. VI is a blank check company whose business purpose is to effect a merger, stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more companies. While the Company may pursue an initial business combination objective in any industry or geographic region, the Company intends to focus its search for an initial business combination on companies within the mobile application ecosystem or gaming companies, enterprise cloud. and Consumer Internet with business valuations in the $ 1 billion to $ 3 billion range, although the company’s search may span many consumer software segments around the world. The Company intends to specifically target companies that have created engaging mobile app experiences with significant growth in segments such as gaming, entertainment, education, e-commerce, dating, and health and wellness.
The registration statements relating to these securities were declared effective by the US Securities and Exchange Commission (the “SEC”) on September 30, 2021. This press release shall not constitute an offer to sell or a solicitation of an offer to purchase, nor any sale of these securities in any state or jurisdiction in which such offer, solicitation or sale is illegal prior to registration or qualification under the securities laws of that state or jurisdiction.
The offer is made solely by means of a prospectus. When available, copies of the prospectus related to this offering may be obtained from Goldman Sachs & Co. LLC, Attention: Prospectus Department, 200 West Street, New York, NY 10282, Phone: +1 866 471 2526, Fax: +1 212 902 9316, or email: [email protected]
This press release contains statements that constitute forward-looking statements, including with respect to the initial public offering and the pursuit of an initial business combination. There can be no guarantee that the offer discussed above will be completed on the terms described, or at all, or that the proceeds from the offer will be used as directed. Forward-looking statements are subject to numerous conditions, many of which are beyond the Company’s control, including those set forth in the Risk Factors section of the Company’s registration statements for the initial public offering filed with the SEC. Copies are available on the SEC website, www.sec.gov. The company assumes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
dMY Technology Group, Inc. VI