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Stock impact report

Dynamix Corporation Completes $166 Million Initial Public Offering

Dynamix Corporation - Unit (DYNXU) 
Company Research Source: GlobeNewswire
NEW YORK, NY, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Dynamix Corporation (the “Company”) announced today the closing of its initial public offering of 16,600,000 units, including 1,600,000 units in connection with the underwriters’ exercise of  their option to purchase additional units. The offering was priced at $10.00 per unit, resulting in gross proceeds of $166,000,000. The underwriters retain their right to exercise their over-allotment option to purchase up to 650,000 additional units.   The Company’s units began trading on November 21, 2024 on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “DYNXU.” Each unit consists of one Class A ordinary share of the Company and one-half of one redeemable warrant, with each whole warrant entitling the holder thereof to purchase one Class A ordinary share of the Company at an exercise price of $11.50 per share. Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected Show less Read more
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