Dynamix Corporation III Completes $201.25 Million Initial Public Offering

Rhea-AI Summary

Dynamix Corporation III (DNMX) completed its initial public offering, selling 20,125,000 units at $10.00 per unit for gross proceeds of $201,250,000.

Each unit contains one Class A ordinary share and one-half warrant; each whole warrant permits purchase of one Class A share at an $11.50 exercise price. The units began trading on Oct 30, 2025 on Nasdaq Global Market under DNMXU. Once separated, shares and warrants are expected to trade as DNMX and DNMXW. Of the offering proceeds, $201,250,000 was placed in the company’s trust account. Cohen & Company Capital Markets served as sole book-running manager; Clear Street acted as co-manager.

Positive

• Gross proceeds of $201.25 million
• Sale of 20,125,000 units at $10.00 each
• Underwriters exercised 2,625,000-unit option in full
• Proceeds $201.25 million placed in trust account

Negative

• Proceeds held in trust and not immediately available for operations

Insights

Capital markets analyst

Dynamix completed a $201.25 million IPO of 20,125,000 units, raising proceeds placed in trust and listing on Nasdaq.

Dynamix Corporation III$201,250,000 via 20,125,000 units at $10.00 per unit, including 2,625,000 units from the underwriters’ full option exercise. Each unit contains one Class A ordinary share and one-half warrant, with whole warrants exercisable at $11.50 per share; the units began trading on October 30, 2025 and the registration became effective on October 29, 2025.

The proceeds from the public offering and the simultaneous private placement of warrants, totaling $201,250,000, were placed in the company’s trust account, which preserves capital until the company completes qualifying transactions. Key dependencies include the timing and terms of any future business combination and the mechanics of separate trading once the units split into shares and warrants under the symbols expected to be DNMX and DNMXW.

Watch for three near-term items: whether the Class A shares and warrants commence separate trading and their symbols and liquidity, any announced target for use of trust proceeds or proposed business combination, and any amendments to warrant terms; relevant time windows are the immediate post-listing days and the typical SPAC-like combination period following listing. The facts disclosed support a successful capital raise and orderly listing, with material future impact hinging on the company’s subsequent transaction choices.

NEW YORK, NY, Oct. 31, 2025 (GLOBE NEWSWIRE) -- Dynamix Corporation III (the “Company”) announced today the closing of its initial public offering of 20,125,000 units, including 2,625,000 units in connection with the underwriters’ exercise of their option to purchase additional units in full. The offering was priced at $10.00 per unit, resulting in gross proceeds of $201,250,000.  

The Company’s units began trading on October 30, 2025 on the Nasdaq Global Market (“Nasdaq”) under the ticker symbol “DNMXU.” 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 to be listed on Nasdaq under the symbols “DNMX” and “DNMXW,” respectively.   

Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of warrants, $201,250,000 (or $10.00 per unit sold in the public offering) was placed in the Company’s trust account.

Cohen & Company Capital Markets, a division of Cohen & Company Securities, LLC, acted as the sole book-running manager for the offering. Clear Street LLC acted as co-manager for the offering. The initial public offering is being made only by means of a prospectus. Copies of the prospectus relating to the offering may be obtained from Cohen & Company Capital Markets, 3 Columbus Circle, 24^th Floor, New York, NY 10019, Attention: Prospectus Department, Email: capitalmarkets@cohencm.com.

A registration statement relating to the securities became effective on October 29, 2025 in accordance with Section 8(a) of the Securities Act of 1933, as amended. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such offer, solicitation, or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.

About Dynamix Corporation III

Dynamix Corporation III is a special purpose acquisition company incorporated under the laws of the Cayman Islands for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses. The Company may pursue an initial business combination in any business or industry, but expects to target opportunities and companies that are in the energy, power and digital infrastructure value chain. The Company is led by the following seasoned investors and industry executives: Andrea “Andrejka” Bernatova, Chief Executive Officer and Chairman, Nader Daylami, Chief Financial Officer, Philip Rajan, Executive Vice President of M&A and Strategy. The Company maintains a corporate website at dynamix3.dynamix-corp.com. Inclusion of the Company’s website address in this press release is an inactive textual reference only.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the anticipated use of the net proceeds. No assurance can be given that the net proceeds of the offering will be used as indicated. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus for the Company’s offering filed with the SEC. Copies are available on the SEC’s website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company Contact

Dynamix Corporation III
Andrea Bernatova
1980 Post Oak Blvd., Suite 100, PMB 6373
Houston, TX 77056

FAQ

How many units did Dynamix Corporation III (DNMXU) sell in the IPO on Oct 30, 2025?

The company sold 20,125,000 units, including 2,625,000 units from the underwriters' option exercise.

What were the IPO proceeds and unit price for Dynamix Corporation III (DNMX)?

The offering was priced at $10.00 per unit, generating gross proceeds of $201,250,000.

What does each Dynamix Corporation III unit include and warrant terms (DNMX)?

Each unit includes one Class A ordinary share and one-half of a warrant; one whole warrant buys one share at $11.50.

When did Dynamix units begin trading and what are the ticker symbols?

Units began trading on Oct 30, 2025 on Nasdaq as DNMXU; after separation, shares and warrants are expected as DNMX and DNMXW.

Who managed the Dynamix Corporation III IPO and where were proceeds placed?

Cohen & Company Capital Markets was sole book-runner, Clear Street was co-manager, and $201.25 million of proceeds were placed in the company’s trust account.