Rain Enhancement Technologies, Inc. ("Rainwater Tech") has entered into a business combination with dMY Technology Group, Inc. VI ("dMY VI"); once the business combination is completed, dMY VI is changing its ticker symbol on the New York Stock Exchange to the ticker symbol "RANY." Rainwater Tech's vision is to develop, invent, improve, manufacture, commercialize and operate technologies that enhance rainfall and elevate water reserves in the areas where it is needed most. Rainfall generation technology can address global issues including sustainable energy, food and water security, and climate change. Team includes world class pioneering scientists, entrepreneurs and proven public c

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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230307005437/en/ "Doug is a highly accomplished finance leader with a proven track record, having scaled teams, systems, and processes from first hire to established operations across a variety of technology companies," said Mike Nefkens, CEO of Rainwater Tech. "Hi

dMY Technology Group, Inc. VI (NYSE:DMYS) ("dMY VI" or the "Company"), a special purpose acquisition company, announced yesterday, April 5, 2023, that the Company intends to dissolve and liquidate in accordance with the provisions of its Amended and Restated Certificate of Incorporation, dated as of October 5, 2021, and the Investment Management Trust Agreement, between dMY VI and Continental Stock Transfer & Trust Company ("CST" or the "Trustee"), dated as of October 5, 2021. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230406005775/en/ The Company had previously launched a tender offer pursuant to certain terms and condition

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"). Accordingly, the Company intends to dissolve and liquidate in accordance with the provisions of its Amended and Restated Certificate of Incorporation, dated as of October 5, 2021, and the Investment Management Trust Agreement, between dMY VI and Continental Stock Transfer & Trust Company ("

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 Enhance

Partnership intended to reduce Discovery Land Company's use of municipal water and increase local community water supplies 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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230323005207/en/ Through the multi-year partnership, Rainwater Tech will i

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. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230307005437/en/ "Doug is a highly accomplished finance leader with a proven track record, having scaled teams, systems, and processes from first hire to established operations across a variety of technology companies," said Mike Nefkens, CEO of Rainwater Tech. "Hi

dMY Technology Group, Inc. VI (NYSE:DMYS) (the "Company" or "dMY VI") today announced that it has extended the expiration date of its previously announced tender offer (the "Tender Offer") to purchase up to 24,150,000 of its shares of Class A common stock, par value $0.0001 per share (the "Common Stock"), at a purchase price of $10.231888 per share (the "Purchase Price"). The Purchase Price, which is a fixed amount, was determined by calculating the quotient obtained by dividing: (i) the aggregate amount expected to be on deposit in the Trust Account initially established to hold the proceeds of the initial public offering ("IPO") of dMY VI (the "Trust Account"), as of two business days pri

dMY Technology Group, Inc. VI (NYSE:DMYS) (the "Company" or "dMY VI") today announced that it has extended the expiration date of its previously announced tender offer (the "Tender Offer") to purchase up to 24,150,000 of its shares of Class A common stock, par value $0.0001 per share (the "Common Stock"), at a purchase price equal to the quotient obtained by dividing: (i) the aggregate amount on deposit in the Trust Account initially established to hold the proceeds of the initial public offering ("IPO") of dMY VI (the "Trust Account"), as of two business days prior to the consummation of the initial Business Combination (as defined herein), including interest not previously released to dMY

dMY Technology Group, Inc. VI (NYSE:DMYS) (the "Company") announced that it has today commenced a tender offer (the "Tender Offer") to purchase up to 24,150,000 of its shares of Class A common stock, par value $0.0001 per share (the "Common Stock"), at a purchase price equal to the quotient obtained by dividing: (i) the aggregate amount on deposit in the Trust Account initially established to hold the proceeds of the initial public offering ("IPO") of dMY VI (the "Trust Account"), as of two business days prior to the consummation of the initial Business Combination (as defined herein), including interest not previously released to dMY VI to pay its taxes, by (ii) the total number of then ou

Global luminary to bring extensive vision, expertise and relationships to advance company's mission to provide the world with reliable access to water 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") today announced that Dr. Jim Yong Kim has been nominated to join Rainwater Tech's Board of Directors upon closing of the Rainwater Tech's business combination with dMY VI. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20230117005426/en/ "I have long admired Dr. Kim as a global luminary and thought leader on t

Rain Enhancement Technologies, Inc. ("Rainwater Tech") has entered into a business combination with dMY Technology Group, Inc. VI ("dMY VI"); once the business combination is completed, dMY VI is changing its ticker symbol on the New York Stock Exchange to the ticker symbol "RANY." Rainwater Tech's vision is to develop, invent, improve, manufacture, commercialize and operate technologies that enhance rainfall and elevate water reserves in the areas where it is needed most. Rainfall generation technology can address global issues including sustainable energy, food and water security, and climate change. Team includes world class pioneering scientists, entrepreneurs and proven public c

SC 13G/A - dMY Technology Group, Inc. VI (0001858327) (Subject)

SC 13G/A - dMY Technology Group, Inc. VI (0001858327) (Subject)

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"). Accordingly, the Company intends to dissolve and liquidate in accordance with the provisions of its Amended and Restated Certificate of Incorporation, dated as of October 5, 2021, and the Investment Management Trust Agreement, between dMY VI and Continental Stock Transfer & Trust Company ("C

The Securities and Exchange Commission (SEC) on Thursday brought insider trading charges against two individuals for allegedly using non-public information to profit from at least seven merger announcements involving special purpose acquisition companies (SPACs). What Happened: Sean Wygovsky, a former trader at a Canadian asset management firm, and Christopher Matthaei, a former partner at a U.S. broker-dealer, earned illicit profits of over $3.4 million through illegal trading activities, according to the complaint filed by the SEC.  Wygovsky allegedly learned material non-public information about upcoming SPAC mergers through his employer’s involvement in financing transactions related t

  On Tuesday, 88 companies set new 52-week lows. Interesting Highlights From Today's 52-Week Lows: Credit Suisse Group (NYSE:CS) was the largest, in terms of market cap, to set a new 52-week low. Yunhong CTI (NASDAQ:CTIB) was the smallest company by market cap to set a new 52-week low. Aerojet Rocketdyne Hldgs (NYSE:AJRD)'s stock made the biggest move downwards, diving 14.58% to reach a new 52-week low. Lixiang Education Holding (NASDAQ:LXEH) shares were the most resilient of the group, as shares actually moved up 0.0% in response to hitting its 52-week low. Stocks dropping to new 52-week lows on Tuesday: Credit Suisse Group (NYSE:CS) shares were down 4.44% for the day, having m