Mobile app SPAC dMY Technology Group VI prices $210 million IPO

dMY Technology Group VI, the sixth blank check company formed by Niccolo de Masi and Harry You targeting mobile apps, raised $210 million by offering 21 million units at $10. The company offered 3.5 million more units than anticipated. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50. The company originally planned to offer 25 million units before lowering the offering to 17.5 million units in September.

dMY Technology Group VI is led by CEO and Director Niccolo de Masi, the former CIO of Resideo Technologies (NYSE: REZI) and CEO of Glu (Nasdaq: GLUU), and Chairman Harry You, the founder and Vice Chairman of GTY (Nasdaq: GTYH). dMY Technology Group VI plans to target companies within the mobile app ecosystem or gaming, enterprise cloud, and consumer internet companies with enterprise values between $1 billion and $3 billion.

dMY Technology Group VI plans to list on the NYSE under the symbol DMYS.U. Goldman Sachs acted as sole bookrunner on the deal.