# EDGAR Filing Document

**Accession Number:** 0001858327
**File Stem:** 0001193125-23-003634
**Filing Date:** 2023-1
**Character Count:** 12811
**Document Hash:** 800370f33ac2fccb314c17e60290bdbe
**Contains OCR:** False
**Source Format:** 

## Filing Content

## Filing Summary
**0001193125-23-003634.hdr.sgml**: 20230106

**ACCESSION NUMBER**: 0001193125-23-003634

**CONFORMED SUBMISSION TYPE**: SC TO-C

**PUBLIC DOCUMENT COUNT**: 6

**FILED AS OF DATE**: 20230106

**DATE AS OF CHANGE**: 20230106

**SUBJECT COMPANY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** dMY Technology Group, Inc. VI
- **CENTRAL INDEX KEY:** 0001858327
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **IRS NUMBER:** 863312690
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-C
- **SEC ACT:** 1934 Act
- **SEC FILE NUMBER:** 005-92918
- **FILM NUMBER:** 23515630

**BUSINESS ADDRESS:**
- **STREET 1:** 1180 NORTH TOWN CENTER DRIVE
- **STREET 2:** SUITE 100
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89144
- **BUSINESS PHONE:** 7027814313

**MAIL ADDRESS:**
- **STREET 1:** 1180 NORTH TOWN CENTER DRIVE
- **STREET 2:** SUITE 100
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TdMY Technology Group, Inc.
- **DATE OF NAME CHANGE:** 20210421
**FILED BY**: 

**COMPANY DATA:**
- **COMPANY CONFORMED NAME:** dMY Technology Group, Inc. VI
- **CENTRAL INDEX KEY:** 0001858327
- **STANDARD INDUSTRIAL CLASSIFICATION:** BLANK CHECKS [6770]
- **IRS NUMBER:** 863312690
- **STATE OF INCORPORATION:** DE
- **FISCAL YEAR END:** 1231

**FILING VALUES:**
- **FORM TYPE:** SC TO-C

**BUSINESS ADDRESS:**
- **STREET 1:** 1180 NORTH TOWN CENTER DRIVE
- **STREET 2:** SUITE 100
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89144
- **BUSINESS PHONE:** 7027814313

**MAIL ADDRESS:**
- **STREET 1:** 1180 NORTH TOWN CENTER DRIVE
- **STREET 2:** SUITE 100
- **CITY:** LAS VEGAS
- **STATE:** NV
- **ZIP:** 89144

**FORMER COMPANY:**
- **FORMER CONFORMED NAME:** TdMY Technology Group, Inc.
- **DATE OF NAME CHANGE:** 20210421

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**SECURITIES AND EXCHANGE COMMISSION** 

**WASHINGTON, DC 20549** 

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**SCHEDULE TO** 

**TENDER OFFER STATEMENT UNDER SECTION 14(D)(1) OR 13(E)(1)** 

**OF THE SECURITIES EXCHANGE ACT OF 1934** 

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## DMY TECHNOLOGY GROUP, INC. VI
**(Name of Subject Company (Issuer) and (Name of Filing Person (Issuer))** 

**Class A common stock, par value $0.0001 per share** 

**(Title of Class of Securities)** 

**c/o dMY Technology Group, Inc. VI** 

**1180 North Town Center Drive, Suite 100** 

**Las Vegas, Nevada 89144** 

**(702) 781-4313** 

**(Name, address, and telephone number of person authorized to receive notices and communications on behalf of filing persons)** 

***With a copy to:***

**Adam J. Brenneman** 

**Cleary Gottlieb Steen & Hamilton LLP** 

**New York, New York 10006** 

**(212) 225-2000** 

**SCHEDULE TO** 

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**CALCULATION OF FILING FEE** 

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| | |
|:---|:---|
| &nbsp;&nbsp;&nbsp;**Transaction Valuation** | **Amount of Filing Fee** |
| &nbsp;&nbsp;&nbsp;Not Applicable | Not Applicable |

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☐ Check the box if any part of the fee is offset as provided by Rule 0-11(a)(2) and identify the filing with which the offsetting fee was previously paid. Identify the previous filing by registration statement number, or the Form or Schedule and the date of its filing.

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| | | | |
|:---|:---|:---|:---|
|  Amount Previously Paid: | Not Applicable | Filing Party: | Not Applicable |
|  Form or Registration No.: | Not Applicable | Date Filed: | Not Applicable |

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☒ Check the box if filing relates solely to preliminary communications made before the commencement of a tender
offer.

Check the appropriate boxes below to designate any transactions to which the statement relates:

☐ Third-party tender offer subject to Rule 14d-1.

&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;&nbsp;☒ Issuer tender offer subject to Rule 13e-4.

☐ Going-private transaction subject to Rule 13e-3.

☐ Amendment to Schedule 13D under Rule 13d-2.

Check the following box if the filing is a final amendment reporting the results of the tender offer: ☐

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Attached as Exhibit 99.1 to this filing is an article by the Austin Business Journal that includes information related to dMY Technology Group, Inc. VI's (the "Company") business combination with Rain Enhancement Technologies, Inc. ("Rainwater Tech") and the Company's future tender offer.

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| | |
|:---|:---|
| **Exhibit**<br>**Number** | **Description** |
| 99.1 | [Austin Business Journal Article, dated January 6, 2023.](d425624dex991.htm) |

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**Important Information** 

*The tender offer has not yet commenced. This filing, including the attached exhibit, is provided for informational purposes only and is neither an offer to purchase nor a solicitation of an offer to sell any shares of common stock of the Company or any other securities of the Company pursuant to the tender offer or otherwise. Any tender offer will be made only pursuant to an offer to purchase and related documents which will be filed with the U.S. Securities and Exchange Commission ("<u>SEC</u>") by the Company. Stockholders of the Company and other interested persons are advised to read these documents, when available, any amendments to these documents and any other documents related to the tender offer that are filed with the SEC (collectively, the "<u>Tender Offer Documents</u>") carefully and in their entirety prior to making any decision with respect to the tender offer because they will contain important information about the business combination, Rainwater Tech and the terms and conditions of the tender offer. Such persons can also read the Company's annual report on Form 10-K for the fiscal year ended December 31, 2021 for a description of the security holdings of the Company's officers and directors prior to the consummation of the transactions described herein. Security holders will also be able to obtain a copy of such documents, without charge, by directing a request to: dMY Technology Group, Inc. VI, 1180 North Town Center Drive, Suite 100, Las Vegas, Nevada 89144. The Tender Offer Documents, once available, and the Company's annual report on Form 10-K can also be obtained, without charge, at the SEC's internet site (<u>http://www.sec.gov</u>).*

## Exhibit 99.1

**Exhibit 99.1**![LOGO](g425624g0107003346629.jpg)

**Austin startup Rainwater Tech plans to go public in SPAC merger** 

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![LOGO](g425624g0107003346832.jpg)

Rainwater Tech is planning a SPAC merger that will help it more quickly bring its ionization technology to market and increase rainfall in specific areas.

Business Wire

By <u>Brent Wistrom - Editor, Austin Inno</u> 

January 06, 2023, 08:05am CST

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<u>Mike Nefkens</u> gets big ideas as he flies planes across the U.S.

This one is fairly obvious, in a sense.

The commercially-rated pilot, better known for leading Austin-based IoT company <u>Resideo as it spun out from Honeywell</u> in 2018, watched as the ground below kept getting browner and the veins of water squiggling across the landscape kept getting drier.

"When you're up in the air and you're looking down, you see the impact," he said.

That, paired with endless headlines about drought and wildfire, led him on a deep dive into how to squeeze more water out of the clouds. The most common approach appealed to him – pilots fly into developing storm fronts and essentially ignite flares with silver iodide and other compounds to encourage them to expand and dump more atmospheric water.

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That's cloud seeding — it's been around for decades and <u>has been used in Texas</u> since the late 1990s. In his research, Nefkens found another emerging method that doesn't require flying planeloads of chemicals around. It's called ionization, and Nefkens has been hyper-focused on it since last year.

![LOGO](g425624g0107003346989.jpg)

Rainwater Tech is planning to use IP it acquired from other companies to develop ionization antennas. Above is a look at how the process works.

Business Wire

Now, Nefkens has built a company around the new ionization technology. Along with a mostly Austin-based team, he is planning to merge Rain Enhancement Technologies Inc. with a blank check company called dMY Technology Group VI to take the company public on the New York Stock Exchange.

While no exact timeline is set, Nefkens said he expects the company to be listed under the ticker "RANY" on the NYSE in the first half of 2023. The deal is expected to give the company a pro forma valuation of $200 million, but much remains to be seen as the merger develops.

It's a quick turnaround for such a young company, and it comes as SPAC mergers have largely fallen out of favor, at least compared to the flurry of SPAC deals seen just a couple years ago.

Nefkens said the time is right. Rain Enhancement Technologies, which will go by Rainwater Tech, has acquired IP from a couple different entities that have tested the technology in the Middle East and Australia. And Rainwater Tech believes it has the right partner in dMY, which has also taken quantum computing company IonQ and earth observation company Planet public via SPAC mergers. Nefkens has worked with dMY in his previous roles, and one of dMY's lead partners also lives in Austin.

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"There is an element of being a public company, I think, where there's a little bit more credibility with customers," he said. "And ... it shows we have the proper controls in place. We're meeting all the SEC guidelines. It just gives us a little bit more what I would call 'go to market credibility' than if we were venture-funded and we needed to continue every four or five months seeking an extra round. So this allows us to be able to get pretty much all the capital we need to go be successful in one shot, and it gives us the credibility of being a public company."

![LOGO](g425624g0107003347192.jpg)

Resideo Technologies President and CEO Michael Nefkens (pictured at right) and other executives were on hand Oct. 29 when the company spun off from Honeywell International and began trading on the New York Stock Exchange. Pictured with Nefkins is Chris Taylor, vice president NYSE Listings and Services.

Courtney Crow, courtesy of Resideo Technologies

Nefkens said Rainwater Tech is the first company of its kind to go public.

The company will begin selling soon, and it is focused on large landowners, such as ranchers, as well as golf course communities, ski resorts and other thirsty areas. It is also looking to sell to consortiums of insurance companies, which would benefit by making some areas, especially out west, less prone to devastating wild fires.

"We're working with the water authorities in multiple counties and states, even at the federal level, looking at doing some big projects with them," Nefkens teased. "So obviously, for us, the Holy Grail here would be things like supporting the Great Salt Lake and getting that filled up again, the lower Colorado River..."

Rainwater Tech says that through third-party trials the ionization tech can enhance rainfall between 9% and 18% without using any chemicals. The process can get more rain out of clouds by dragging down forming ice high in the atmosphere, Nefkens said.

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"I wish we had a system that was big enough to be able to drop all the water out of the system, but no," he said. "Each antenna can do an area of about a 50 mile radius from the antenna, and that depends on winds as well. And what we've seen in our other trials is we're enhancing range anywhere from 8% to 20%. So they're significant for the areas that get it, but they don't impact areas down river."

The SPAC deal was <u>announced Dec. 22</u>. In its first conference call about the deal, the company suggested its business model will be strong.

"We are targeting gross margins to be greater than 70% and bookings that will provide predictable recurring revenues. We aspire to drive considerable revenue growth with profitability and positive cash flow," a transcript of the call reads. "As a result, we do not expect to be reliant on subsequent public equity after the initial launch."

Nefkens, who was also previously an executive vice president at HP, grew up in Texas and, after a stint in California, has now lived in Austin for four years. The company's chief product and strategy officers also live in Austin. Rainwater Tech operates remotely, but is poised to open a warehouse in Austin to assemble its ionization antennas. Nefkens declined to say how big or where that would be because the company is currently negotiating with two owners for the new space.

It's not clear whether Rainwater Tech will ultimately be headquartered in Austin or Las Vegas, which is home to dMY. But Nefkens said he expects the core of the team's leadership will be in Austin.

"Austin is kind of the perfect place to incubate something like this on the climate tech side," he said.

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