DMY TECHNOLOGY GROUP, INC. VI


Associated tags: Calendar, Professional Services, Finance, NYSE, VI, Security (finance), Energy, Utilities, Human, Health, Education, Environment

Locations: UNITED STATES, NORTH AMERICA, TEXAS, NEVADA, DELAWARE, WS

dMY Technology Group, Inc. VI Announces Termination of Tender Offer

Retrieved on: 
Friday, April 7, 2023
Professional Services, Finance, Transfer, Common stock, Financial assistance (share purchase), Tender offer, Trump Media & Technology Group, Expiration date, Multimedia, Business analyst, Calendar, Expiration, Acquisition, Mini-tender offer, NYSE, VI, Common

The Tender Offer expired at 5:00 p.m. New York City time on March 31, 2023 (the “Expiration Date”).

Key Points: 
  • The Tender Offer expired at 5:00 p.m. New York City time on March 31, 2023 (the “Expiration Date”).
  • On April 3, 2023, dMY VI announced that it was extending the Withdrawal Rights (as defined in the Offer to Purchase) in the Tender Offer to 5:00 p.m. New York City time on Tuesday, April 4, 2023.
  • Concurrent consummation of the Business Combination was a condition to the consummation of the Tender Offer, as described in the Offer to Purchase.
  • The Tender Offer was subject to the condition that the Business Combination had closed, but because the Share Purchase Agreement was terminated, the Company also terminated the Tender Offer on April 5, 2023.

dMY Technology Group, Inc. VI Announces Liquidation

Retrieved on: 
Wednesday, April 5, 2023
Professional Services, Other Natural Resources, Environment, Green Technology, Finance, Natural Resources, Transfer, Common stock, Trump Media & Technology Group, Tax, Multimedia, Bangladesh Securities and Exchange Commission, Calendar, Acquisition, CST, Trustee, NYSE, Common, Security (finance)

dMY Technology Group, Inc. VI (NYSE: DMYS) (“dMY VI” or the “Company”), a special purpose acquisition company, announced today that the independent and disinterested Directors made a reasonable determination, based on the current facts and circumstances, that it would not be in the best interests of those involved to proceed with the combination with Rain Enhancement Technologies, Inc. (“Rainwater Tech”).

Key Points: 
  • dMY Technology Group, Inc. VI (NYSE: DMYS) (“dMY VI” or the “Company”), a special purpose acquisition company, announced today that the independent and disinterested Directors made a reasonable determination, based on the current facts and circumstances, that it would not be in the best interests of those involved to proceed with the combination with Rain Enhancement Technologies, Inc. (“Rainwater Tech”).
  • dMY VI is ceasing its efforts and is returning the capital held in the trust account.
  • The redemption of the shares of Common Stock is expected to be completed within ten business days after April 5, 2023.
  • The Company will file a Form 25 with the United States Securities and Exchange Commission (the “SEC”) to delist its securities.

dMY Technology Group, Inc. VI Announces Intention to Transfer to Nasdaq Upon Completion of Business Combination with Rainwater Tech

Retrieved on: 
Thursday, March 23, 2023
Finance, Alternative Energy, Energy, Professional Services, Utilities, Human, Investment Technology Group, Multimedia, Calendar, NYSE, Cryptocurrency

dMY Technology Group, Inc. VI (NYSE: DMYS) (the “Company” or “dMY VI”) today announced its intention to transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq Stock Market (“Nasdaq”), effective upon the completion of its previously announced business combination with Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology.

Key Points: 
  • dMY Technology Group, Inc. VI (NYSE: DMYS) (the “Company” or “dMY VI”) today announced its intention to transfer its stock exchange listing from the New York Stock Exchange to the Nasdaq Stock Market (“Nasdaq”), effective upon the completion of its previously announced business combination with Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology.
  • This press release features multimedia.
  • View the full release here: https://www.businesswire.com/news/home/20230323005694/en/
    Upon the consummation of the business combination, Rainwater Tech will be a wholly owned subsidiary of dMY VI, and dMY VI will change its name to “Rain Enhancement Technologies, Inc.” Once the business combination is completed and once authorization for listing on Nasdaq has been received, dMY VI will change its trading ticker from DMYS to the new ticker symbol “RANY” and will begin trading on Nasdaq.

Rainwater Tech Partners with Discovery Land Company to Generate Rainfall Across Developer’s International Portfolio of Private Clubs and Communities

Retrieved on: 
Thursday, March 23, 2023
Other Energy, Utilities, Environment, Alternative Energy, Commercial Building & Real Estate, Energy, Construction & Property, Wind, Partnership, Human, Multimedia, Water, Discovery Land Company, Han Nefkens, Agriculture, Renewable energy, Discovery, Atlantic Ocean

Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology, and Discovery Land Company (“Discovery”), one of the world’s leading developers and operators of private clubs and communities, today announced an arrangement to deploy ground-based ionization rainfall generation technology at select Discovery properties around the globe.

Key Points: 
  • Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology, and Discovery Land Company (“Discovery”), one of the world’s leading developers and operators of private clubs and communities, today announced an arrangement to deploy ground-based ionization rainfall generation technology at select Discovery properties around the globe.
  • View the full release here: https://www.businesswire.com/news/home/20230323005207/en/
    Through the multi-year partnership, Rainwater Tech will install rainfall generation technology in at least three Discovery properties during H2 2023.
  • Discovery’s portfolio includes more than 34 of the world’s finest clubs and communities, nearly all of which include private golf or ski components.
  • The partnership includes a minimum purchase by Discovery of Rainwater Tech’s rainfall generation technology and related services and is structured to ensure a favorable gross margin to Rainwater Tech.

Rainwater Tech Appoints Doug Ireland As Chief Financial Officer

Retrieved on: 
Tuesday, March 7, 2023
Professional Services, Finance, Hightail, Arizona State University, MBA, Coalition, Prezi, Research, Human, Growth, Head, Liberal arts education, Telematics, CFA, Universitat d'Andorra, Rain, European Joint Master degree in Economics, Water, Multimedia, Master, CFO, CPA, Institute of Chartered Financial Analysts of India, Certified Public Accountant, Tapingo, Management

Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology, today announced the appointment of Doug Ireland as Chief Financial Officer (CFO), effective March 6, 2023.

Key Points: 
  • Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology, today announced the appointment of Doug Ireland as Chief Financial Officer (CFO), effective March 6, 2023.
  • Mr. Ireland will lead the finance team and report directly to Mike Nefkens, CEO of Rainwater Tech.
  • “His financial acumen and hands-on operational experience will be invaluable as we move into the next phase of Rainwater Tech’s growth.
  • On behalf of the entire Rainwater Tech team, I am delighted to welcome Doug to the team.”
    Mr. Ireland brings over 25 years of business experience including a decade overseas.

dMY Technology Group, Inc. VI Announces Extension of Expiration Date of Tender Offer and Release of dMY VI Audited Annual Financial Statements for 2022

Retrieved on: 
Friday, March 3, 2023
Environment, Technology, Finance, Other Energy, Other Technology, Professional Services, Sustainability, Green Technology, Energy, Transfer, Letter of transmittal, Tender, Tax, Common, Bank statement, Mini-tender offer, Purchase price allocation, Tender offer, Business analyst, Letter, Interest on Lawyer Trust Accounts, Trust, Annual report, Accounting, News, Bangladesh Securities and Exchange Commission, Excise tax in the United States, Common stock, Excise, Multimedia, NYSE, Trump Media & Technology Group, VI, Calendar, Cryptocurrency

As amended, the Tender Offer will now expire at 5:00 p.m. New York City time, on Friday, March 31, 2023, unless further extended or earlier terminated.

Key Points: 
  • As amended, the Tender Offer will now expire at 5:00 p.m. New York City time, on Friday, March 31, 2023, unless further extended or earlier terminated.
  • dMY VI shareholders may withdraw shares they have previously tendered at any time prior to the extended expiration date of the Tender Offer.
  • Banks and brokers may call the information agent at +1 (203) 658-9400.
    dMY VI today also announced that it has released its audited annual financial statements for 2022.
  • dMY VI’s audited annual financial statements for 2022 can be found in the Company’s current report on Form 8-K filed with the SEC on March 3, 2023, and available at www.sec.gov.

dMY Technology Group, Inc. VI Announces Extension of Expiration Date of Tender Offer

Retrieved on: 
Wednesday, February 22, 2023
Other Natural Resources, Utilities, Environment, Sustainability, Natural Resources, Green Technology, Energy, Transfer, News, Interest on Lawyer Trust Accounts, Trust, Letter, Letter of transmittal, NYSE, Bangladesh Securities and Exchange Commission, Calendar, Common, Tax, Trump Media & Technology Group, Accounting, Business analyst, Tender, Common stock, Tender offer, VI, Mini-tender offer, Cryptocurrency

As amended, the Tender Offer will now expire at 5:00 p.m. New York City time, on Friday, March 3, 2023, unless further extended or earlier terminated.

Key Points: 
  • As amended, the Tender Offer will now expire at 5:00 p.m. New York City time, on Friday, March 3, 2023, unless further extended or earlier terminated.
  • dMY VI shareholders who have already tendered their Common Stock do not need to re-tender their shares or take any other action as a result of the extension of the expiration date of the Tender Offer.
  • dMY VI shareholders may withdraw shares they have previously tendered at any time prior to the extended expiration date of the Tender Offer.
  • Except as described in this news release, the terms of the Tender Offer remain the same as set forth in the Offer to Purchase and in the related Letter of Transmittal.

dMY Technology Group, Inc. VI Announces the Commencement of Tender Offer to Complete Business Combination

Retrieved on: 
Thursday, January 26, 2023
Finance, Banking, Professional Services, Other Technology, Technology, Common stock, Personal Information Agent, Trump Media & Technology Group, NYSE, Business analyst, Trust, Tender offer, Letter, Bangladesh Securities and Exchange Commission, IPO, Mini-tender offer, Accounting, Calendar, Interest on Lawyer Trust Accounts, Tax, Security (finance)

Only shares of Common Stock validly tendered, and not properly withdrawn, will be purchased by the Company pursuant to the Tender Offer.

Key Points: 
  • Only shares of Common Stock validly tendered, and not properly withdrawn, will be purchased by the Company pursuant to the Tender Offer.
  • The Company’s obligation to purchase shares of Common Stock pursuant to the Tender Offer is subject to the satisfaction of certain conditions.
  • Shares of Common Stock tendered pursuant to the Tender Offer but not purchased by the Company in the Tender Offer will be returned at the Company’s expense promptly following the expiration of the Tender Offer.
  • The Tender Offer is being made in connection with the Company’s previously announced business combination with Rain Enhancement Technologies, Inc., a Delaware company (the “Business Combination”).

Rainwater Tech Announces Nomination of Former World Bank President Dr. Jim Yong Kim to its Expected Post-Combination Board of Directors

Retrieved on: 
Tuesday, January 17, 2023
Other Natural Resources, Utilities, Environment, Sustainability, Natural Resources, Green Technology, Energy, Climate change, Economic development, Africa/Harvard School of Public Health Partnership for Cohort Research and Training, U.S. News & World Report, Entrepreneurship, Education, World Bank Group, Partners In Health, Public health, AIDS, 2012 World Bank Group presidential election, Social justice, Pandemic, MacArthur, Health, Knowledge, NYSE, Climate, Water, News, Poverty, Human, Harvard Medical School, World Health Organization, Public policy, Calendar, Multimedia, VI, TIME, Violence, Dartmouth College, Rain, Management, Renewable energy

“In addition to his exceptional experience and in-depth knowledge of global economic development and public health, he is a tremendously respected leader.

Key Points: 
  • “In addition to his exceptional experience and in-depth knowledge of global economic development and public health, he is a tremendously respected leader.
  • Prior to being named World Bank Group President, Dr. Kim's career focused on health, education, and improving the lives of the poor.
  • “I am honored to join the Rainwater Tech Board of Directors to help the company fulfill its mission of providing the world with reliable access to water,” said Dr. Kim.
  • In September 2016, the World Bank Group Board unanimously reappointed Dr. Kim to a second five-year term as President.

Rainwater Tech – Innovator in Rainfall Generation Technology – to Become Publicly Traded through a Business Combination with dMY VI

Retrieved on: 
Thursday, December 22, 2022
Other Energy, Professional Services, Utilities, Other Natural Resources, Environmental Issues, Alternative Energy, Energy, Agriculture, Natural Resources, Environment, Green Technology, Climate Change, Finance, Government, Economic development, Acceleration, Vision, IP, VI, Water, Transport, Multimedia, Food, News, Calendar, Social justice, Acquisition, City, Growth, NYSE, LLP, Water cycle, Climate change, Human, HPE, Forest, Agriculture, Management, Renewable energy, Insurance, Honeywell

Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology, and dMY Technology Group, Inc. VI (NYSE: DMYS) (“dMY VI”), a publicly traded special purpose acquisition company, today announced that they have entered into a business combination agreement.

Key Points: 
  • Rain Enhancement Technologies, Inc. (“Rainwater Tech”), a leader in the development of rainfall generation technology, and dMY Technology Group, Inc. VI (NYSE: DMYS) (“dMY VI”), a publicly traded special purpose acquisition company, today announced that they have entered into a business combination agreement.
  • View the full release here: https://www.businesswire.com/news/home/20221222005128/en/
    Rainwater Tech’s rainfall generation technology can address global issues including sustainable energy, food and water security, and climate change.
  • (Graphic: Business Wire)
    Upon closing, the combined company is expected to retain the Rainwater Tech name.
  • Rainwater Tech is poised to develop, innovate and scale rainfall generation technology.