December 4, 2022

Byte Class Update

Byte Class Technology & Sports Update

dMY Squared Technology Group, Inc. Announces the Separate Trading of its Class A Common Stock and Warrants, Commencing on November 21, 2022

dMY Squared Technological innovation Team, Inc. (the “Firm”) announced now that holders of the models offered in the Company’s preliminary general public giving of 6,319,000 units (the “Units”) finished on Oct 4, 2022 (the “Featuring”) may elect to separately trade the shares of Course A common stock, par worth $.0001 for every share (the “Course A Widespread Inventory”), and warrants (the “Warrants”) incorporated in the Units commencing on November 21, 2022. Every Device consists of 1 share of Class A Prevalent Stock and one particular-half of 1 redeemable warrant. Each and every complete warrant entitles its holder to obtain a person share of Course A Popular Inventory at a cost of $11.50 for each share, matter to adjustment. Any Units not separated will carry on to trade on the NYSE American (the “NYSE”) under the symbol “DMYY.U”, and each and every of the shares of Course A Widespread Stock and Warrants will independently trade on the NYSE below the symbols “DMYY” and “DMYY.WS,” respectively. No fractional Warrants will be issued on separation of the Models and only whole Warrants will trade. Holders of Units will need to have their brokers speak to Continental Stock Transfer & Rely on Company, the Company’s transfer agent, in order to individual the Models into shares of Course A Frequent Stock and Warrants.

About dMY Squared Engineering Team, Inc.

dMY Squared Technologies Group, Inc. is a blank examine organization whose business reason is to impact a merger, money inventory trade, asset acquisition, inventory purchase, reorganization or equivalent business enterprise mix with a single or extra enterprises. While the Corporation might go after an preliminary company mixture goal in any marketplace or geographic area, the Corporation intends to aim its search for an first small business combination on firms within the specialist company marketplace that offer accounting, lawful, fiscal, advisory or other products and services to public firms or personal providers that are in the approach of getting to be public firms with enterprise valuations in the selection of $500 million to $2 billion. The Business intends to especially emphasis on organizations that have powerful, consistent revenue expansion and money move.

Registration statements relating to these securities were declared efficient by the U.S. Securities and Trade Commission (the “SEC”) on September 29, 2022. This press release shall not constitute an present to market or the solicitation of an supply to invest in, nor shall there be any sale of these securities in any condition or jurisdiction in which this kind of supply, solicitation or sale would be unlawful prior to registration or qualification beneath the securities legal guidelines of any such point out or jurisdiction.

The giving was produced only by signifies of a prospectus. Copies of the prospectus relating to this supplying might be acquired from Needham & Business, LLC, Awareness: Prospectus Division, 250 Park Avenue, New York, New York 10177, phone: 800-903-3268 or email: [email protected]

Ahead Hunting Statements

This press launch incorporates statements that represent forward-searching statements, including with respect to the initial community presenting and look for for an original small business mix. No assurance can be provided that the offering talked about over will be completed on the phrases described, or at all, or that the proceeds of the offering will be applied as indicated. Ahead-on the lookout statements are matter to several problems, lots of of which are past the management of the Enterprise, which include all those set forth in the Threat Aspects portion of the Company’s registration statements for the initial community presenting filed with the SEC. Copies are accessible on the SEC’s web-site, www.sec.gov. The Business undertakes no obligation to update these statements for revisions or modifications after the day of this launch, apart from as essential by regulation.