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Share Name | Share Symbol | Market | Type |
---|---|---|---|
dMY Technology Group Inc II | NYSE:DMYD | NYSE | Common Stock |
Price Change | % Change | Share Price | High Price | Low Price | Open Price | Shares Traded | Last Trade | |
---|---|---|---|---|---|---|---|---|
0.00 | 0.00% | 16.21 | 0 | 01:00:00 |
UNITED STATES
SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549
FORM 8-K
CURRENT REPORT
PURSUANT TO SECTION 13 OR 15(d)
OF THE SECURITIES EXCHANGE ACT OF 1934
Date of Report (Date of earliest event reported): January 19, 2021
DMY TECHNOLOGY GROUP, INC. II
(Exact name of registrant as specified in its charter)
Delaware | 001- 39444 | 84-1502857 | ||
(State or other jurisdiction of incorporation) |
(Commission
File Number) |
(IRS Employer Identification No.) |
1180 North Town Center Drive, Suite 100
Las Vegas, Nevada 89144
(Address of principal executive offices, including zip code)
Registrants telephone number, including area code: (702) 781-4313
Not Applicable
(Former name or former address, if changed since last report)
Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:
☐ |
Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425) |
☐ |
Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12) |
☐ |
Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b)) |
☐ |
Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c)) |
Securities registered pursuant to Section 12(b) of the Act:
Title of each class |
Trading Symbol(s) |
Name of each exchange on which registered |
||
Units, each consisting of one share of Class A common stock and one-third of one redeemable warrant | DMYD.U | The New York Stock Exchange | ||
Class A common stock, par value $0.0001 per share | DMYD | The New York Stock Exchange | ||
Warrants, each whole warrant exercisable for one share of Class A common stock, each at an exercise price of $11.50 per share | DMYD WS | The New York Stock Exchange |
Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).
Emerging growth company ☒
If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐
Item 8.01. Other Events.
On January 12, 2021, dMY Sponsor II, LLC, dMY Technology Group, Inc. II (collectively dMY II) and dMY Sponsor III, LLC, dMY Technology Group Inc. III (collectively dMY III) accepted service of a lawsuit where they are named as Counterclaim Defendants in an underlying action by and between GTY Technology Holdings, Inc. (GTY), dMY Technology Holdings Inc. and dMY Sponsor, LLC (collectively dMY I) and Carter Glatt (Glatt) and Captains Neck Holdings LLC (Captains Neck). See dMY Sponsor, LLC et al. v. Carter Glatt et al., Index No. 653903/2020 (Sup. Ct. N.Y. County 2020) (the Underlying Lawsuit).
The Underlying Lawsuit seeks a declaratory judgment that Glatt and Captains Neck are not entitled to Class Y Units of dMY Sponsor LLC and contains claims arising from Glatts termination of employment from GTY on or about April 3, 2020 including theft and misappropriation of confidential GTY information, breach of contract, breach of the duties of loyalty and fiduciary duty and conversion.
Glatt has, among other things, responded to the Underlying Lawsuit by adding Harry L. You, Niccolo de Masi, dMY II and dMY III as Counterclaim Defendants and adding Dune Acquisition Holdings LLC, a newly formed special purpose acquisition company (NASDAQ trading symbol DUNEU) as a Counterclaimant and asserting claims for breach of contract, fraudulent misrepresentation, negligent misrepresentation, tortious interference with business relations, quantum meruit and unjust enrichment.
dMY II and dMY III have never employed Glatt and have no business agreements with him.
dMY II and dMY III deny the claims against them and intend to vigorously defend themselves.
Cautionary Note Concerning Forward-Looking Statements
This press release contains statements that constitute forward-looking statements, including with respect to the intentions of dMY II and dMY III with respect to Glatts claims. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of dMY II and dMY III, including those set forth in the corresponding Risk Factors section of the respective registration statements for each of dMY II and dMY III for the initial public offering filed with the SEC. Copies are available on the SECs website, www.sec.gov. dMY II and dMY III undertake no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
SIGNATURE
Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.
DMY TECHNOLOGY GROUP, INC. II | ||
By: | /s/ Niccolo de Masi | |
Name: Niccolo de Masi | ||
Title: Chief Executive Officer |
Dated: January 19, 2021
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