The SEC filings associated with Dynamix Corporation (DYNX) document its activities as a special purpose acquisition company and its progress toward a proposed business combination with The Ether Reserve LLC to form The Ether Machine, Inc. (Pubco). In these materials, Dynamix is identified as a Cayman Islands SPAC whose securities were listed on The Nasdaq Stock Market LLC.
A Form 8‑K dated in mid‑September 2025 describes Regulation FD disclosure related to The Ether Machine’s confidential submission of a draft registration statement on Form S‑4 with the U.S. Securities and Exchange Commission. That filing also lists the Nasdaq‑traded securities as Class A ordinary shares under the symbol ETHM and redeemable warrants under the symbol ETHMW, reflecting the previously announced ticker change from DYNX, DYNXU and DYNXW.
Across the 8‑K and related disclosure language reproduced in company press releases, Dynamix and Pubco are said to intend to file a Registration Statement on Form S‑4 that will include a preliminary proxy statement of Dynamix and a prospectus of Pubco in connection with the proposed business combination. The documents explain that a definitive proxy statement and other relevant materials will be mailed to Dynamix shareholders of record for voting on the business combination and related matters.
These filings also contain extensive cautionary statements about forward‑looking information, outline potential risks to completing the proposed transactions, and refer readers to Dynamix’s final prospectus, annual report on Form 10‑K, quarterly reports on Form 10‑Q and future Form S‑4 for additional risk factors. On Stock Titan’s filings page, users can review these historical SEC documents and use AI‑generated summaries to better understand the structure, conditions and implications of the SPAC’s proposed combination with The Ether Machine.
Dynamix Corporation, a Cayman Islands-based blank check company, reported net income of $11.1 million for the quarter ended March 31, 2026, driven mainly by a $9.9 million non-cash gain from the change in fair value of warrant liabilities and $1.5 million of dividends on its trust investments.
Total assets were $175.0 million, including $174.8 million held in the Trust Account, while cash outside the trust was only $154,849 and the working capital deficit was $3.6 million. All 16,600,000 Class A shares remain redeemable at about $10.53 per share, and management noted substantial doubt about the company’s ability to continue as a going concern if it fails to complete a business combination by November 22, 2026. After quarter-end, Dynamix terminated its prior business combination agreement and received a $50 million cash payment under a termination agreement, and it plans to seek an alternative target.
Dynamix Corporation, a Cayman Islands-based blank check company, reported net income of $11.1 million for the quarter ended March 31, 2026, driven mainly by a $9.9 million non-cash gain from the change in fair value of warrant liabilities and $1.5 million of dividends on its trust investments.
Total assets were $175.0 million, including $174.8 million held in the Trust Account, while cash outside the trust was only $154,849 and the working capital deficit was $3.6 million. All 16,600,000 Class A shares remain redeemable at about $10.53 per share, and management noted substantial doubt about the company’s ability to continue as a going concern if it fails to complete a business combination by November 22, 2026. After quarter-end, Dynamix terminated its prior business combination agreement and received a $50 million cash payment under a termination agreement, and it plans to seek an alternative target.
Dynamix Corporation, a Cayman Islands company listed on Nasdaq, is changing its stock market symbols. Its Class A ordinary shares will move from ticker “ETHM” to “DYNC”, its units from “ETHMU” to “DYNCU”, and its warrants from “ETHMW” to “DYNCW”. These changes will take effect at the opening of trading on May 1, 2026. The warrants remain exercisable for one Class A ordinary share at an exercise price of $11.50 per share. The disclosure is made under Regulation FD and is furnished rather than filed under securities laws.
Dynamix Corporation reports joint Schedule 13G disclosures from Citadel-related entities and Kenneth Griffin showing shared beneficial ownership positions. The filing states Citadel Advisors LLC, Citadel Advisors Holdings LP and Citadel GP LLC each may be deemed to beneficially own 1,250,000 shares (7.5% of the class). Citadel Securities entities report 62,566 shares (0.4%), and Mr. Kenneth Griffin may be deemed to beneficially own 1,312,566 shares (7.9%). The filing ties percentages to 16,600,113 Shares outstanding as of March 3, 2026 and April 14, 2026 for certain holdings.
Dynamix Corporation has terminated its planned business combination with The Ether Machine and related agreements. Under a Termination Agreement dated April 8, 2026, a Payor must pay Dynamix $50,000,000 within 15 days, and all parties grant broad mutual releases, non-disparagement, and covenants not to sue.
Dynamix remains a SPAC and still has until November 22, 2026 to complete its initial business combination. If no deal is completed by then, its structure requires winding up, redeeming public shares from the trust account in cash, and ultimately liquidating and dissolving the company in accordance with Cayman Islands law.
Dynamix Corporation, a Cayman Islands-based blank check company, files its annual report describing activities up to its initial business combination. The SPAC completed a November 2024 IPO of 16,600,000 units at $10.00 each, placing $166,415,000 of net proceeds into a U.S. Treasury-backed trust that totaled $173,392,842 as of December 31, 2025.
As of March 3, 2026, Dynamix had 16,600,000 Class A and 5,533,333 Class B ordinary shares outstanding. The company has no operations and earns only interest on trust assets, while its auditors highlight substantial doubt about its ability to continue as a going concern due to limited working capital and dependence on completing a business combination.
The report details a proposed business combination with The Ether Machine and related entities, a 150,000 ether LLC unit subscription closed in September 2025, and a Stockholders Agreement governing post-closing governance. Dynamix must complete a qualifying business combination by November 22, 2026 or redeem public shares and liquidate, with extensive discussion of shareholder redemption rights, potential dilution, competition for targets, and risks if the Ether Machine transaction does not close.
TD Securities (USA) LLC and Toronto-Dominion Bank jointly report a passive ownership stake in Dynamix Corp. Together they beneficially own 1,111,517 Class A ordinary shares, representing 6.7% of the class as of December 31, 2025.
TD Securities (USA) LLC holds 479,831 shares with sole voting and dispositive power, and Toronto-Dominion Bank holds 631,686 shares with sole voting and dispositive power. The filing states the shares are held in the ordinary course of business and not for the purpose of changing or influencing control of Dynamix Corp.
Dynamix Corporation’s significant holder Glazer Capital, LLC has filed an amended Schedule 13G/A reporting that it now beneficially owns 0 Class A ordinary shares, or 0.00% of the company’s outstanding class. The same zero ownership and percentage are reported for managing member Paul J. Glazer.
The filing notes that any securities referenced were acquired and held in the ordinary course of business and not for the purpose of changing or influencing control of Dynamix Corporation, nor in connection with any control-related transaction, other than activities solely tied to proxy nomination rules.
Meteora Capital, LLC reported beneficial ownership of 2,473,400 shares of Dynamix Corp Class A common stock, representing 14.9% of the outstanding class. All voting and dispositive power over these shares is described as shared, with no sole voting or dispositive power.
The shares are held by certain funds and managed accounts for which Meteora Capital acts as investment manager, and the filing is made jointly with Vik Mittal, the firm’s managing member. The reporting persons state the securities were acquired and are held in the ordinary course of business and not for the purpose or effect of changing or influencing control of Dynamix Corp.
Dynamix Corp saw a major shareholder group led by K2 & Associates file an amended Schedule 13G reporting beneficial ownership of 0 Class A ordinary shares, or 0% of the company. This reflects that the K2-related entities no longer hold a reportable stake in Dynamix.
The filing covers Class A ordinary shares with a par value of $0.0001 per share and is based on 16,600,000 ordinary shares outstanding as of 2025-11-03, as disclosed in the company’s Form 10-Q. The event date requiring this update is 12/31/2025.
Dynamix Corporation is moving forward with a proposed business combination between its SPAC vehicle and The Ether Machine, Inc., together with The Ether Reserve LLC and related entities. The parties plan to file a Form S-4 registration statement containing a joint proxy statement and prospectus for shareholder approval.
The deal would create a new public company, Pubco, whose strategy is tied to Ether-related assets, staking, restaking and Ether-focused financial and advisory services. The communication stresses that the Pubco Class A stock and Company units connected to the transaction are not yet registered and may only be offered under a prospectus or valid exemption.
The statement includes extensive forward-looking disclosures about anticipated benefits, Ether’s role as a digital asset, Pubco’s planned exchange listing, potential investor upside and multiple risks, including Ether price volatility, regulatory and tax uncertainty, high redemption levels, listing risks and the possibility the business combination may not close.