dMY Technology Group, Inc. VI (DMYS) Prices Upsized $210M IPO


dMY Technology Group, Inc. VI (DMYS) Prices Upsized $210M IPO

dMY Technology Group, Inc. VI announced the pricing of its upsized $210 million IPO and its units are expected to begin trading on the NYSE under the symbol “DMYS.U” Friday, October 1.

The new SPAC aims to combine with a target with an enterprise value in the range of $1 billion to $3 billion across consumer software segments like gaming and cloud services. dMY VI is led by CEO Niccolo de Masi and Chairman Harry L. You.

Total SPAC deal count for 2021 year-to-date is now 450. This offering is expected to close on Tuesday, October 5.

Goldman Sachs & Co. LLC is the sole book-running manager for the offering. Cleary Gottlieb Steen & Hamilton LLP is serving as Issuer’s Counsel with Ropes & Gray LLP serving as Underwriter’s Counsel. WithumSmith+Brown, PC serves as auditor. Continental Stock Transfer & Trust Company is acting as trustee.