DMYI - DMY Technology Group rolls out new SPAC after previous ones gain some 60%

The latest special purpose acquisition company from DMY Technology Group, whose previous SPACs have risen as much as 60%+, gained nearly 3% Friday after raising $300M in an upsized initial public offering.DMY Technology Group IV (DMYQU) closed at $10.28 per unit, up 2.8% on the day. The company’s first three SPACs have all risen by double-digit percentages since going public, with two gaining roughly 60%.DMY Technology Group I closed a deal in December to buy online gaming and sport-book company Rush Street Interactive (RSI) at a $1.8B valuation. RSI closed Friday at $15.90 -- down 1.6% on the session, but up 62.4% from where the SPAC finished in April 2020 on its first trading day after splitting from its warrants.The DMY Technology Group II SPAC (DMYD) has done almost well since agreeing in October to acquire sports-data and technology company Genius Sports Group at a $1.5B valuation.That deal has yet

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DMY Technology Group rolls out new SPAC after previous ones gain some 60%