The SPAC Power Play
dMY, the blank-check vehicle leading the merger, is chaired by Harry You, a veteran in SPAC deals and tech leadership. SPACs are shell entities that raise money through IPOs to acquire private companies and take them public — a shortcut to Wall Street that has defined many high-growth tech entries.
“We believe application development is critical for quantum computing adoption,” You said. “The creation of a quantum operating system and full software stack is both technologically essential and a compelling investment opportunity.”
What’s Next
The boards of both companies have approved the merger, which is expected to close in the first quarter of 2026, pending shareholder and regulatory approval. Once finalized, the combined entity will aim to speed innovation while offering investors a front-row seat to the unfolding quantum revolution.
