dMY Technology Group, Inc. VI (DMYS) to Combine with Rainwater Tech in $200M Deal

rainwater-tech

dMY Technology Group, Inc. VI (DMYS) to Combine with Rainwater Tech in $200M Deal

dMY Technology Group, Inc. VI (NYSE:DMYS) has entered into a definitive agreement to combine with rainfall generation technology Rain Enhancement Technologies, Inc. (“Rainwater Tech”), at a pro forma valuation of $200 million. Austin, Texas-based Rain Enhancement Technologies aims to provide the world with reliable access to water through the development and commercialization of rainfall generation technology.
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