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dMY Technology Group, Inc. IV (DMYQ) to Combine with Planet in $2.25Bn Deal

dmy-iv-planet

dMY Technology Group, Inc. IV (DMYQ) to Combine with Planet in $2.25Bn Deal

dMY IV (NYSE:DMYQ) has entered into a definitive agreement to combine with environmental data provider Planet at an enterprise value of $2.25 billion, or 17.3x its 2022E revenue. San Francisco-based Planet provides daily data and insights about Earth with a fleet of satellites capturing about 3 million images per day for clients in the agriculture,
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