Dynamix to redeem public shares at about $10.71

Q: How much will DYNC pay for each public share?

Dynamix expects to redeem public shares for approximately $10.71 per share, payable in cash. The amount is based on trust-account funds, including interest, less permitted withdrawals and up to $100,000 of interest for dissolution expenses, divided by the number of then-outstanding public shares.

Dynamix Corp. (DYNC) will redeem all outstanding public Class A ordinary shares because it cannot complete an initial business combination by the deadline under its governing documents.

Filing Impact

(Moderate)

Filing Sentiment

(Neutral)How Sentiment works

Sentiment and the balance of points

Rhea-AI Sentiment reads the wording of the document, how positive or negative its language is on a 1 to 5 scale. The balance of points shown with the takes weighs what the document actually discloses, so the two can disagree, for example when a trial that missed its main goal is described in upbeat language.

How Sentiment works How the balance works

Form Type

8-K

Rhea-AI Filing Summary

Dynamix Corp. (DYNC) will redeem all outstanding public Class A ordinary shares because it cannot complete an initial business combination by the deadline under its governing documents. The company estimates a cash redemption of approximately $10.71 per share. At the close of business October 30, 2026, public shares will be cancelled and represent only the right to receive that amount.

Dynamix will cease operations except to wind up and redeem shares as promptly as reasonably possible, but no more than ten business days thereafter, subject to lawfully available funds. The per-share amount is based on trust-account funds, including interest, less permitted withdrawals and up to $100,000 of interest for dissolution expenses, divided by then-outstanding public shares. Warrants have no redemption rights or liquidating distributions and will expire worthless. October 29, 2026 is the last trading day for the company’s securities; the company expects Nasdaq to file a Form 25 for delisting and intends thereafter to file a Form 15 to suspend its reporting obligations. Dissolution and liquidation remain subject to approval by the remaining shareholders and board and Cayman Islands creditor-claim requirements.

0 points · 0 major

How this balance works

Rhea-AI gives every point it takes from this document a weight. Minor counts 1, Moderate 3 and Major 9, so one Major point outweighs several Minor ones. The bar adds up the weights on each side, and when neither side holds more than 65% of the total the balance reads Mixed.

It reads the document as published, with the same rules for every company, and it does not look at what the market expected or at how the stock traded, so a point can be objectively good on a day the stock falls.

Rhea-AI Sentiment measures something else, the tone of the wording.

How the balance works How Sentiment works

1 major · 1 point

Hollow bars mark forward-looking points. How the balance works

Positive

None.

Negative

Major point. Forward-looking: it has not happened yet and may not happen.Warrants expire worthless; public-share redemption is estimated at $10.71 per share.

Filing Explained

The sponsor group waived Class B trust distributions, while public holders need take no action to receive mailed redemption checks.

For the announced public-share redemption, the company reports that its sponsor, officers and directors waived trust-account liquidating distributions on their Class B shares, so they will not receive those distributions as holders of that class.

Public-share holders, including beneficial owners whose shares are held in street name, need take no action to receive the redemption proceeds; the transfer agent will mail checks.

8-K Event Classification

2 items: 8.01, 9.01

2 items

Item 8.01 Other Events Other

Voluntary disclosure of events the company deems important to shareholders but not covered by other items.

Item 9.01 Financial Statements and Exhibits Exhibits

Financial statements, pro forma financial information, or exhibit attachments filed with this report.

Key Figures

Estimated redemption price: Approximately $10.71 per share Dissolution expenses: Up to $100,000 of interest Redemption period: No more than 10 business days +3 more

6 metrics

Estimated redemption price Approximately $10.71 per share Expected redemption of public shares

Dissolution expenses Up to $100,000 of interest Interest from the trust account may be used to pay dissolution expenses

Redemption period No more than 10 business days As promptly as reasonably possible thereafter, subject to lawfully available funds

Annual limit on permitted withdrawals 10% of interest earned on the trust account Limit for interest withdrawn to fund working capital requirements

Last trading day October 29, 2026 Last day the company’s securities will trade

Public-share cancellation date October 30, 2026 Shares are deemed cancelled at the close of business and represent only the right to receive the redemption amount

Key Terms

initial business combination, permitted withdrawals, liquidating distributions, street name, +1 more

5 terms

initial business combination financial

"unable to complete an initial business combination by the deadline"

An initial business combination is the deal in which a special-purpose acquisition company (SPAC) merges with or acquires an operating business to bring that business onto public markets. Think of the SPAC as an empty shell that raises money from investors, then uses that cash to buy a private company—this transaction turns the private company into a public one and often changes its ownership, valuation, and access to capital, so investors should watch for shifts in risk, future growth prospects, and shareholder rights.

permitted withdrawals financial

"interest shall be net of amounts withdrawn to fund our working capital requirements"

liquidating distributions financial

"no redemption rights or liquidating distributions with respect to the Company’s warrants"

Payments made to shareholders from a company’s remaining cash or asset sale proceeds when the business is being wound up or reorganized. Like splitting the money after selling a shared house, these distributions return investors’ capital (often after creditors are paid) rather than representing regular profit payouts, so they matter because they determine how much investors recover and can affect tax treatment and final investment value.

street name financial

"beneficial owners of public shares held in street name"

A "street name" is a way that stocks or other financial assets are registered under a broker's name rather than directly in an individual investor's name. This allows for easier buying, selling, and transferring of the assets, much like how a library might hold books on behalf of many readers. For investors, using a street name simplifies transactions and helps maintain privacy, but it also means the broker is the official record holder of ownership.

Form 25 regulatory

"Nasdaq will file a Form 25 to delist its securities"

A Form 25 is an official filing with the U.S. Securities and Exchange Commission used to remove a company's stock or other security from a national exchange list. Investors should care because delisting often means less visibility, lower trading volume and wider price swings—similar to a product moving from a major supermarket to a small local market, which can make buying, selling and valuing the security more difficult.

FAQ

AI-generated questions and answers. How Rhea-AI works. Not financial advice.

What happens to DYNC warrants?

DYNC warrants will have no redemption rights or liquidating distributions and will expire worthless.

Do DYNC public shareholders need to take action to receive the redemption payment?

No. Record holders do not need to take action; Odyssey Transfer and Trust Company, the transfer agent, will mail their checks. Beneficial owners holding public shares in street name also do not need to take action.

AI-generated analysis. How Rhea-AI works. Not financial advice.

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Available on EDGAR 10/29/2026 - 12:27 PM EDT Accepted by SEC EDGAR 10/29/2026 - 12:26 PM EDT

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported): October 29, 2026

Dynamix Corporation

(Exact name of registrant as specified in its charter)

Cayman Islands		001-42414		00-0000000
(State or other jurisdiction of incorporation)		(Commission File Number)		(IRS Employer Identification Number)

1980 Post Oak Blvd., Suite 100

PMB 6373

Houston, TX, 77056

(Address of principal executive offices, including zip code)

Registrant’s telephone number, including area code: (646) 792 5600

Not Applicable

(Former name or former address, if changed since last report)

Check the appropriate box below if the Form 8-K filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐	Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐	Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐	Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐	Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class	Trading Symbol(s)	Name of each exchange on which each class is registered
Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant	DYNCU	The Nasdaq Stock Market LLC
Class A ordinary shares, par value $0.0001 per share	DYNC	The Nasdaq Stock Market LLC
Redeemable warrants, each whole warrant exercisable for one Class A ordinary share, at an exercise price of $11.50 per share	DYNCW	The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 8.01 Other Events.

On October 29, 2026, Dynamix Corporation (the “Company”) issued a press release announcing that it will redeem all of its outstanding Class A ordinary shares, par value $0.0001 (the “Public Shares”), effective as of October 30, 2026, at an estimated per-share redemption price of approximately $10.71 (the “Redemption Amount”), because the Company is unable to complete an initial business combination by the deadline under its Amended and Restated Memorandum and Articles of Association. As of the close of business on October 30, 2026, the Public Shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.

The Company’s sponsor, officers and directors have previously agreed to waive their rights to liquidating distributions from the Trust Account with respect to their Class B ordinary shares, par value $0.0001 per share, of the Company. There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.

A copy of the press release is attached hereto as Exhibit 99.1 and is incorporated herein by reference.

Item 9.01 Financial Statements and Exhibits.

(d) Exhibits

Exhibit No.		Description
99.1		Press Release, dated October 29, 2023.
104		Cover Page Interactive Data File (embedded within the Inline XBRL document).

SIGNATURE

Pursuant to the requirements of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto duly authorized.

	DYNAMIX CORPORATION

Date: October 29, 2026	By:	/s/ Nader Daylami
		Name: Nader Daylami
		Title: Chief Financial Officer

Exhibit 99.1

Dynamix Corporation Announces Its Intention to Liquidate

Houston, TX, October 29, 2026 – Dynamix Corporation (NASDAQ: DYNC) (the “Company”), a publicly traded special purpose acquisition company, today announced that its board of directors (the “Board”) has determined to redeem all of its outstanding Class A ordinary shares, par value $0.0001 per share, sold in its initial public offering (the “public shares”) because the Company is unable to complete an initial business combination by the deadline under its Amended and Restated Memorandum and Articles of Association.

Accordingly, the Company will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but no more than ten business days thereafter, subject to lawfully available funds therefor, redeem the public shares, at a per-share price, payable in cash, equal to the aggregate amount then on deposit in the Company’s trust account including interest earned (which interest shall be net of amounts withdrawn to fund our working capital requirements, subject to an annual limit of 10% of the interest earned on the trust account, and to pay our taxes (“permitted withdrawals”) and up to $100,000 of interest to pay dissolution expenses), divided by the number of then outstanding public shares, which redemption will completely extinguish the holders’ rights as shareholders (including the right to receive further liquidating distributions, if any), subject to applicable law (the “Redemption”), and (iii) as promptly as reasonably possible following the Redemption, subject to the approval of the Company’s remaining shareholders and the Board, dissolve and liquidate, subject in each case to the Company’s obligations under Cayman Islands law to provide for claims of creditors and the requirements of other applicable law. There will be no redemption rights or liquidating distributions with respect to the Company’s warrants, which will expire worthless.

The Company’s sponsor, officers and directors have previously agreed to waive their rights to liquidating distributions from the trust account with respect to their Class B ordinary shares, par value $0.0001 per share, of the Company.

In order to provide for the disbursement of funds from its trust account, the Company has instructed Odyssey Transfer and Trust Company, as its trustee, to take all necessary actions to effect the Redemption. The proceeds thereof, less $100,000 of interest to pay dissolution expenses and net of permitted withdrawals, will be held in a trust operating account while awaiting disbursement to the holders of the public shares. The Company expects to redeem all of the outstanding public shares for an estimated redemption price of approximately $10.71 per share (the “Redemption Amount”). All other costs and expenses associated with implementing the dissolution will be funded from proceeds held outside of the trust account. Record holders of public shares will not need to take any action in order to receive their pro rata portion of the proceeds of the trust account, which will be paid to them by check mailed by Odyssey Transfer and Trust Company, the Company’s transfer agent. Beneficial owners of public shares held in “street name” will also not need to take any action in order to receive the Redemption Amount.

The last day that the Company’s securities will trade on The Nasdaq Stock Market LLC (“Nasdaq”) will be October 29, 2026. Effective as of the close of business on October 30, 2026, the public shares will be deemed cancelled and will represent only the right to receive the Redemption Amount.

The Company expects that Nasdaq will file a Form 25 with the United States Securities and Exchange Commission (the “Commission”) to delist its securities. The Company thereafter intends to file a Form 15 with the Commission to suspend its reporting obligations under Sections 13(a) and 15(d) of the Securities Exchange Act of 1934, as amended (the “Exchange Act”).

Forward-Looking Statements

This press release, and oral statements made from time to time by representatives of the Company, may include “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Exchange Act. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate,” “believe,” “continue,” “could,” “estimate,” “expect,” “intend,” “may,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions, as they relate to the Company or its management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of the Company’s management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the Commission. All subsequent written or oral forward-looking statements attributable to the Company or persons acting on its behalf are qualified in their entirety by this paragraph. 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 most recent annual report on Form 10-K and any subsequently filed quarterly reports on Form 10-Q, each filed with the Commission. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Source: View Original Filing on SEC EDGAR

Filing Exhibits & Attachments

5 documents

Press Releases

EX-99.1 PRESS RELEASE, DATED OCTOBER 29, 2023 7.9 KB