Dynamix Corporation III Completes $201.25 Million Initial Public Offering
Globenewswire·2025-10-31 21:13

Core Points - Dynamix Corporation III successfully closed its initial public offering (IPO) of 20,125,000 units, generating gross proceeds of $201,250,000 at a price of $10.00 per unit [1][3] - The units began trading on the Nasdaq Global Market under the ticker symbol "DNMXU" on October 30, 2025, with each unit comprising one Class A ordinary share and one-half of a redeemable warrant [2] - The proceeds from the IPO were placed in the Company's trust account, indicating a focus on future business combinations [3] Company Overview - Dynamix Corporation III is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands, aiming to engage in mergers, amalgamations, share exchanges, asset acquisitions, and similar business combinations [6] - The Company plans to target opportunities within the energy, power, and digital infrastructure sectors [6] - The leadership team includes experienced investors and executives, such as CEO Andrea Bernatova and CFO Nader Daylami [6]