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Planet Labs PBC (dMY Technology Group IV) Priced, NYSE: PL

Fourth blank check company formed by Niccolo de Masi and Harry You targeting an app business (completed 12/7/2021).

Industry: SPAC

Latest Trade: $1.82 0.00 (0.0%)

First Day Return: +2.8%

Return from IPO: -81.8%

Industry: SPAC

We are a blank check company. We may pursue an initial business combination target in any industry or geographic region. We intend to focus our search for an initial business combination on companies within the broader consumer technology ecosystem that are either consumer-facing or support the infrastructure of consumer applications (“apps”) with enterprise valuations in an approximate valuation range of $1.0 billion to $3.0 billion, though our search may span consumer software segments worldwide and we may pursue a target outside of our expected range. We intend to specifically focus on companies that have created, or enabled the creation of, compelling mobile app experiences with significant growth in segments such as gaming, entertainment, education, work productivity, e-commerce, financial technology, dating, and health and wellness. Companies developing disruptive and key enablement technologies for consumer-facing apps in these segments, such as artificial intelligence (“AI”), machine learning (“ML”), cloud infrastructures and quantum computing are also within the scope of this search.
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IPO Data
IPO File Date 02/17/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
IPO Data
IPO Date 03/04/2021
Offer Price $10.00
Price Range $10.00 - $10.00
Offer Shares (mm) 30.0
Deal Size ($mm) $300
Lock-Up Date IPO Pro Only
Street Research IPO Pro Only
Underwriters
Goldman Sachs
Needham & Co.
Company Data
Headquarters Las Vegas, NV, United States
Founded 2020
Employees 2
Website www.dmytechnology.com

Planet Labs PBC (dMY Technology Group IV) (PL) Performance