dMY Technology Group, Inc. VI (DMYS) Stock Analysis
DELISTED 2023
What happened to dMY Technology Group, Inc. VI (DMYS) stock?
dMY Technology Group, Inc. VI (DMYS) no longer trades on public markets. It was delisted in April 2023. The figures below are historical and are not a current quote.
For informational purposes only. Not financial advice. Analysis by Sedat ANAK, Founder & Editor-in-Chief | AI-powered analysis. Data sourced from SEC filings and institutional-grade financial providers. Editorially reviewed. Not financial advice.
dMY Technology Group, Inc. VI (DMYS) trades at $10.25. dMY Technology Group, Inc. Market cap: $318M, Sector: Financial services.
Last analyzed: Mar 16, 2026Analyst Coverage for DMYS: DMYS does not currently have published analyst price targets in our coverage universe. This is common for smaller-cap names with limited Wall Street coverage. In the absence of analyst consensus, our AI model evaluates DMYS against Financial Services peers across nine fundamental dimensions and assigns a neutral fundamental signal based on the underlying data.
DMYS: the 2 scored disciplines are evenly split. Dominant signal: Izzy Englander bullish.
How is this calculated? →dMY Technology Group, Inc. VI (DMYS) Financial Services Profile
dMY Technology Group, Inc. operated as a special purpose acquisition company (SPAC), aiming to identify and merge with a private company. However, the company did not complete a business combination within the required timeframe and has ceased operations, returning capital to shareholders. It represents a terminated venture in the SPAC market.
What Is the Investment Thesis for DMYS?
dMY Technology Group, Inc. represents a terminated investment vehicle. Originally structured as a SPAC, the company aimed to identify and merge with a private technology company. However, due to its failure to complete a business combination within the specified timeframe, DMYS ceased operations and returned capital to shareholders. Investors considering SPACs should note the risk of non-completion and the potential for capital loss if a suitable target is not found. The case of DMYS highlights the importance of evaluating the sponsor's track record and the target company's prospects before investing in a SPAC.
Based on FMP financials and quantitative analysis
DMYS Key Highlights
dMY Technology Group, Inc. was a special purpose acquisition company (SPAC) formed in 2019.
- The company's objective was to identify and merge with a private technology company.
- dMY Technology Group, Inc. failed to complete a business combination within the allotted timeframe.
- The company ceased operations and liquidated its assets.
- Capital was returned to shareholders following the termination of the SPAC.
Who Are DMYS's Competitors?
DMYS is benchmarked below against 8 industry peers on price, market cap, and our AI MoonshotScore.
| Company | Price | Change | Market Cap | AI Score |
|---|---|---|---|---|
| IEAGU IEAGU | $10.44 | +0.77% | $317M | 63 |
| VHCPU Vine Hill Capital Investment Corp. II is a shell company focused on mergers, acquisitions, and similar business combinations. The company | $10.12 | -0.02% | $312M | 64 |
| ZKPU ZKPU | $10.46 | +4.29% | $262M | 63 |
| MTAL MAC Copper Ltd | $10.22 | +0.25% | $392M | 62 |
| ZKP Lafayette Digital Acquisition Corp. I Class A Ordinary Shares | $10.05 | +0.50% | $393M | 63 |
| OTGAU OTG Acquisition Corp. I Unit | $10.39 | +0.29% | $247M | 65 |
| EVOXU Evolution Global Acquisition Corp | $10.26 | -0.00% | $246M | 63 |
| CMII CM Life Sciences II Inc. | $10.03 | -0.10% | $237M | 65 |
AI Score by Stock Expert AI · Price data: FMP / Yahoo Finance
What Are DMYS's Key Strengths?
Experienced management team (originally)
- Focus on the technology sector (originally)
- Access to capital through the IPO (originally)
What Are DMYS's Weaknesses?
Dependence on finding a suitable target
- Limited timeframe to complete a business combination
- Exposure to market volatility and deal risk
What Could Drive DMYS Stock Higher?
DMYS catalyst: N/A: dMY Technology Group, Inc. ceased operations and liquidated its assets, so there are no catalysts.
What Are the Key Risks for DMYS?
Weak fundamentals — a Piotroski F-Score of 3/9 flags soft profitability, leverage or efficiency.
- Risk of non-completion of a business combination.
- Potential for capital loss if a suitable target is not found.
- Exposure to market volatility and deal risk.
What Are the Growth Opportunities for DMYS?
- N/A: dMY Technology Group, Inc. ceased operations and liquidated its assets, so there are no growth opportunities.
- N/A: dMY Technology Group, Inc. ceased operations and liquidated its assets, so there are no growth opportunities.
- N/A: dMY Technology Group, Inc. ceased operations and liquidated its assets, so there are no growth opportunities.
- N/A: dMY Technology Group, Inc. ceased operations and liquidated its assets, so there are no growth opportunities.
- N/A: dMY Technology Group, Inc. ceased operations and liquidated its assets, so there are no growth opportunities.
What Threats Does DMYS Face?
- Competition from other SPACs
- Inability to find a suitable target
- Market downturn or economic recession
What Are DMYS's Competitive Advantages?
- N/A: dMY Technology Group, Inc. ceased operations and liquidated its assets, so there is no moat.
- N/A: dMY Technology Group, Inc. ceased operations and liquidated its assets, so there is no moat.
- N/A: dMY Technology Group, Inc. ceased operations and liquidated its assets, so there is no moat.
What Does DMYS Do?
dMY Technology Group, Inc. was a blank check company incorporated on May 21, 2019, under the laws of the State of Delaware. It was formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. The company intended to focus its search on companies in the technology sector; however, it was not limited to a particular industry or geographic region. dMY Technology Group was led by a team with experience in technology investing and operations, aiming to leverage their expertise to identify and grow a promising technology business. However, the company was unable to identify a suitable target and complete a business combination within the allotted time frame. As a result, dMY Technology Group ceased operations and liquidated its assets, returning capital to its shareholders. This outcome reflects the inherent risks associated with SPAC investments, where the success of the venture depends on the sponsor's ability to find and execute a value-accretive deal.
What Products and Services Does DMYS Offer?
- dMY Technology Group, Inc. was a special purpose acquisition company (SPAC).
- The company was formed to identify and merge with a private company.
- It focused on companies in the technology sector.
- dMY Technology Group aimed to create value for shareholders through a successful business combination.
- The company was unable to find a suitable target within the allotted timeframe.
- dMY Technology Group ceased operations and liquidated its assets.
How Does DMYS Make Money?
- Raise capital through an initial public offering (IPO).
- Identify and merge with a private company.
- Create value for shareholders through a successful business combination.
- Generate returns through appreciation in the value of the acquired company.
What Industry Does DMYS Operate In?
dMY Technology Group operated within the special purpose acquisition company (SPAC) market, a segment of the financial industry focused on raising capital through an IPO to acquire an existing private company. The SPAC market experienced a surge in activity in recent years, driven by the desire of private companies to go public more quickly and with less regulatory scrutiny than traditional IPOs. However, the SPAC market is also characterized by significant risks, including the potential for overvaluation, the difficulty of finding suitable targets, and the possibility of deal failures. dMY Technology Group's failure to complete a business combination highlights these risks and the challenges faced by SPACs in a competitive market.
Who Are DMYS's Key Customers?
- Shareholders who invested in the SPAC.
- Private companies seeking to go public through a merger.
- Institutional investors interested in SPAC investments.
Financial Health
dMY Technology Group, Inc. VI's Piotroski F-Score is 3/9, a 9-point checklist of profitability, leverage and efficiency — flagging fundamental weakness worth scrutiny. Its Altman Z-Score of 31.32 places it in the safe zone, indicating low near-term bankruptcy risk.
DMYS Valuation & Market Position
With a $318M market cap, dMY Technology Group, Inc. VI sits in the small-cap segment of the market.
Key Financial Metrics
Return on equity for dMY Technology Group, Inc. VI stands at 13.6%, a gauge of how efficiently it converts shareholder capital into profit. Return on assets is 12.4%, showing how much profit it generates from its asset base. DMYS trades at a trailing price-to-earnings ratio of 10.18, below the Financial Services sector average of ~18x. Its free cash flow yield is -0.3%, a gauge of the cash the business throws off relative to its market value. A current ratio of 0.05 means current liabilities exceed short-term assets, a liquidity point worth watching. Its earnings yield is 9.8%, the inverse of the P/E and a quick read on earnings relative to price.
Company Profile
dMY Technology Group, Inc. VI operates in the Shell Companies industry within the Financial Services sector. It is headquartered in Las Vegas, US. The company is led by CEO Niccolo Mcleod de Masi. DMYS has traded publicly since 2021.
DMYS Financials
Fundamental Snapshot
Based on FMP financials and quantitative analysis
Bull Case vs Bear Case
Bull Case
- Experienced management team (originally)
- Focus on the technology sector (originally)
- Access to capital through the IPO (originally)
- N/A: dMY Technology Group, Inc. ceased operations and liquidated its assets, so there are no catalysts.
Bear Case
- Dependence on finding a suitable target
- Limited timeframe to complete a business combination
- Exposure to market volatility and deal risk
- Ongoing: Risk of non-completion of a business combination.
AI-generated arguments based on insider flow, news sentiment and technicals — not financial advice · August 2026
DMYS Latest News
No recent news available for DMYS.
Classification
Industry Shell CompaniesdMY Technology Group, Inc. VI Financial Services Stock: Key Questions Answered
What happened to dMY Technology Group, Inc. VI (DMYS) stock?
dMY Technology Group, Inc. VI (DMYS) no longer trades on public markets. It was delisted in April 2023. The figures below are historical and are not a current quote.
Can I still buy DMYS shares?
No. DMYS stopped trading on public markets in April 2023, so the shares are not available through a broker. Anything you see quoted for DMYS elsewhere is historical data, not a live market.
Are the figures on this page current?
No. Every number here is the last value recorded before DMYS stopped trading. Nothing on this page updates, and none of it is a current quote.
Why does this page still exist?
Because people still search for what happened to dMY Technology Group, Inc. VI. An archived profile that states the delisting plainly is more useful than a dead link — provided it is labelled as history, which is what this page does.
What does DMYS do?
dMY Technology Group, Inc. was a special purpose acquisition company (SPAC) formed to identify and merge with a private technology company. The company aimed to provide a private company with a faster and less expensive way to go public compared to a traditional IPO.
What do analysts say about DMYS stock?
As dMY Technology Group, Inc. ceased operations and liquidated its assets, there is no active analyst coverage of the stock. Previously, analysts may have focused on the company's ability to identify and merge with a promising technology company, as well as the potential upside from the acquired company's growth.
What are the main risks for DMYS?
The primary risk for dMY Technology Group, Inc. was the inability to find a suitable target company and complete a business combination within the specified timeframe. This risk is inherent in the SPAC structure, as the company's success depends on the sponsor's ability to identify and negotiate a deal with a promising private company.
Disclaimer: This content is for informational purposes only and does not constitute investment advice. Always do your own research and consult a financial advisor.
Official Resources
Data provided for informational purposes only.
- The information provided is based on the understanding that dMY Technology Group, Inc. ceased operations and liquidated its assets.
- The analysis reflects the company's past activities and the risks associated with SPAC investments.