IPF says Basepointi deadline to make offer has been extended

IPF says Basepointi deadline to make offer has been extended

dMY Squared Technology Group, Inc. (NYSE: DMYY), also known as dMY, has received a non-compliance notice from NYSE American for failing to timely file its quarterly report for Q2 2025. The notice, dated August 20, 2025, indicates that the company is not in compliance with Section 1007 of the NYSE American Company Guide due to the untimely submission of its Quarterly Report on Form 10-Q for the period ended June 30, 2025 [1].

The notice, which does not immediately affect the listing or trading of the company's securities, gives dMY until February 19, 2026, to file the delayed Form 10-Q. If the company misses this deadline, it can request an additional six-month extension, subject to NYSE American approval [1, 2]. The company is working diligently to complete its Second Quarter 10-Q and intends to file it as soon as practicable to regain compliance with the Rule.

Failure to rectify the compliance issue within the allotted timeframe could lead to potential delisting of the company's securities from the NYSE American, significantly harming investor confidence [3]. Investors should monitor the company's progress in filing the delayed report and the NYSE American's response to any extension requests. The company's ability to regain compliance with the Rule will be crucial for maintaining its listing status and investor confidence.

References:
[1] https://www.ainvest.com/news/dmy-receives-nyse-american-notice-late-10-filing-deadline-extension-2508/
[2] https://seekingalpha.com/news/4488536-dmy-receives-nyse-american-notice-for-late-10-q-filing
[3] https://www.marketscreener.com/news/dmy-squared-technology-group-inc-receives-nyse-american-notice-regarding-delayed-form-10-q-filing-ce7c50dbd880f22c