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Dynamix Corp IIIDNMX

Class A DNMXUnits DNMXUWarrants DNMXWCIK 0002081125

Cash in trust

$205.7M

$205,691,208

Trust per share

Redemption value

IPO

Oct 2025

$197.2M raised

Combination deadline

Oct 30, 2027

421 days remaining

Filings on record

28

Latest Aug 14, 2026

Overview

Dynamix Corp III is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002081125. It completed its initial public offering in Oct 2025, raising $197.2M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker DNMX, units under DNMXU, warrants under DNMXW on Nasdaq. The vehicle is sponsored by DynamixCore through DynamixCore Holdings III, LLC. The mandate targets energy. IPO closed, trust funded, no definitive agreement announced.

We intend to focus on evaluating companies or assets with leading competitive positions, attractive financial profiles, and robust long-term potential for growth, profitability, and free cash flow generation.
The mandate, as stated in the IPO prospectus

Reading the filings

Arithmetic on what Dynamix Corp III has disclosed, written the way a desk would read it. These are observations, not a rating. Nothing here scores the vehicle or implies a view on it.

  • Time on the clock

    421 days to the Oct 30, 2027 deadline. The vehicle is early in its search window, and the deadline is not yet the binding constraint.

  • Warrant coverage

    Each unit carried one-half of one warrant per unit. Warrants are dilution deferred: they cost the holder nothing until exercised, and they overhang the post-combination share count. Thinner coverage is generally a sign of a stronger book at pricing.

  • Sponsor record

    DynamixCore has launched 2 vehicles, none of which has resolved yet, so there is no completion record to read.

  • Underwriting

    Cohen & Company led the offering. It has been named on 47 SPAC IPOs, book-running 46 of them, and 50% of its resolved vehicles closed a deal. The syndicate has no control over whether a sponsor finds a target, but the quality of the book at pricing shapes who ends up holding the units.

Scores

Recomputed 6m ago

Three readings of Dynamix Corp III, each an unweighted mean of the components shown beneath it, and each component a percentile against every live SPAC rather than an absolute we invented. They describe the setup, not the merit. How they are built

FOMO

Moderate

How much attention is this vehicle attracting right now?

28/100

  • Filing activity56

    3 in 30 days

  • News coverage0

    0 stories in 30 days

Attention is not quality. FOMO rises on news volume and on the market paying above trust, both of which have preceded plenty of disappointments.

Potential

Moderate

How likely is this vehicle to complete a combination, and at what scale?

44/100

  • Trust scale49

    $206M

  • Stage40

    searching

Potential is about execution, not about the target. It says nothing about whether the eventual deal is worth owning, because the target is usually unknown when the score is computed.

These are derived measures, not ratings of investment merit. They carry no view on the target, no price target and no recommendation, and a high score is not a reason to buy anything.

SEC filing history

Free tier: filings older than 24 hours
  • SCHEDULE 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001905106-26-000130

    Aug 14, 2026

    21d ago

    Open filing
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0001076809-26-000080

    Aug 13, 2026

    21d ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001213900-26-089132

    Aug 13, 2026

    21d ago

    Open filing
  • SCHEDULE 13G/A

    Amended beneficial ownership report (passive)

    Accession 0001905106-26-000080

    May 15, 2026

    3mo ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001213900-26-055792

    May 13, 2026

    3mo ago

    Open filing
  • 10-K

    Annual report

    Accession 0001213900-26-032389

    Mar 20, 2026

    5mo ago

    Open filing
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0000902664-26-000889

    Feb 12, 2026

    6mo ago

    Open filing
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0001905106-26-000030

    Feb 6, 2026

    6mo ago

    Open filing
  • SCHEDULE 13G

    Beneficial ownership report (passive)

    Accession 0001213900-26-009100

    Jan 29, 2026

    7mo ago

    Open filing
  • 10-Q

    Quarterly report

    Accession 0001213900-25-119808

    Dec 10, 2025

    8mo ago

    Open filing
  • 8-K

    Other events

    Items 8.01, 9.01 · Accession 0001213900-25-111080

    Nov 14, 2025

    9mo ago

    Open filing
  • 8-K

    Entry into a material definitive agreement

    Items 1.01, 9.01 · Accession 0001213900-25-107257

    Nov 6, 2025

    10mo ago

    Open filing
  • 8-K

    Entry into a material definitive agreement; Regulation FD disclosure; Other events

    Items 1.01, 3.02, 5.02, 5.03, 7.01, 8.01, 9.01 · Accession 0001213900-25-104760

    Oct 31, 2025

    10mo ago

    Open filing
  • 424B4

    Final IPO prospectus

    Accession 0001213900-25-104187

    Oct 30, 2025

    10mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-25-103693

    Oct 30, 2025

    10mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-25-103692

    Oct 30, 2025

    10mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-25-103691

    Oct 30, 2025

    10mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-25-103690

    Oct 30, 2025

    10mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-25-103689

    Oct 30, 2025

    10mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-25-103688

    Oct 30, 2025

    10mo ago

    Open filing
  • 3

    Initial statement of beneficial ownership

    Accession 0001213900-25-103687

    Oct 30, 2025

    10mo ago

    Open filing
  • CERT

    Exchange listing certification

    Accession 0001354457-25-001070

    Oct 29, 2025

    10mo ago

    Open filing
  • 8-A12B

    Registration of securities on an exchange

    Accession 0001213900-25-103100

    Oct 28, 2025

    10mo ago

    Open filing
  • S-1/A

    Amended IPO registration statement

    Accession 0001213900-25-098162

    Oct 10, 2025

    10mo ago

    Open filing
  • CORRESP

    Correspondence with SEC staff

    Accession 0001213900-25-089703

    Sep 19, 2025

    11mo ago

    Open filing
  • S-1/A

    Amended IPO registration statement

    Accession 0001213900-25-089693

    Sep 19, 2025

    11mo ago

    Open filing
  • UPLOAD

    SEC staff comment letter

    Accession 0000000000-25-009714

    Sep 9, 2025

    1y ago

    Open filing
  • S-1

    Registration statement for the initial public offering

    Accession 0001213900-25-074566

    Aug 12, 2025

    1y ago

    Open filing

Dynamix Corp III: questions answered

What is Dynamix Corp III (DNMX)?

Dynamix Corp III is a special purpose acquisition company incorporated in Cayman Islands and registered with the SEC under CIK 0002081125. It completed its initial public offering in Oct 2025, raising $197.2M in gross proceeds and listing on Nasdaq. Class A shares trade under the ticker DNMX, units under DNMXU, warrants under DNMXW on Nasdaq. The vehicle is sponsored by DynamixCore through DynamixCore Holdings III, LLC. The mandate targets energy. IPO closed, trust funded, no definitive agreement announced.

How much does Dynamix Corp III hold in trust?

Approximately $205,691,208, as at the most recent filing on record. Trust balances move: shareholders redeem at extension votes and at the combination vote, and sponsors pay contributions in to extend. Treat the figure as a point-in-time disclosure, not a running balance.

When must Dynamix Corp III complete a merger?

By Oct 30, 2027. If no combination closes by then the sponsor must seek a further extension or wind the vehicle up and return the trust.

What happens if Dynamix Corp III does not find a target in time?

The charter requires the vehicle to redeem 100% of the public shares and return the trust, pro rata, to public shareholders. That is the mechanism working as designed rather than a default. Founder shares and warrants are worthless in that outcome, which is why the sponsor's incentive is to get a deal done or to buy more time. Across the market, deadline lapsed without a deal; trust returned to public shareholders.

Can I redeem shares in Dynamix Corp III, and at what price?

Public shareholders may elect to redeem in connection with a combination vote and at each extension vote, at the pro-rata trust value on the relevant record date. Redemption is a right attached to the public shares only; warrants and rights carry no claim on the trust. The mechanics and the deadline for electing are set out in the proxy statement for the vote in question.

What tickers does Dynamix Corp III trade under?

Class A shares trade as DNMX on Nasdaq, the units as DNMXU, and the warrants as DNMXW. Units trade first and separate into their component securities roughly 52 days after the IPO; only the Class A shares carry the redemption right against the trust.

Is the trust value the same as the share price for Dynamix Corp III?

No. Trust per share is a disclosed, contractual figure: what a redeeming holder receives. The market price is whatever the shares change hands at, which can sit above the trust when a deal is well received or below it when the market doubts one will close. We do not have a current quote for this vehicle, so no spread is shown.

How much dilution do Dynamix Corp III's founder shares and warrants create?

Each unit also carried one-half of one warrant per unit, which is dilution deferred until exercise. Both are disclosed in the prospectus and both survive into the combined company, which is why a de-SPAC at $10 is not economically the same as an IPO at $10.

Who sponsors Dynamix Corp III, and what is their track record?

DynamixCore Holdings III, LLC is the sponsor entity, part of the DynamixCore franchise. That franchise has launched 2 vehicles in total, none of which has resolved yet. Named principals: Andrea Bernatova.

Which banks underwrote the Dynamix Corp III IPO?

Cohen & Company, Clear Street. Cohen & Company was credited as book-running manager on the cover. Syndicate membership and role are read from the prospectus cover and the underwriting section.

Is Dynamix Corp III tradeable, and where?

Yes. DNMX returned a live quote of $10.09 on Nasdaq. Quotes here are delayed and refreshed on a schedule rather than streamed, so treat the figure as indicative and confirm on your own venue. Units and warrants trade under their own symbols and are quoted separately.

Is Dynamix Corp III a good investment?

That is not a question this site answers. Dynamix Corp III is covered here as reference data: what the company filed, when it filed it, and what the numbers in those filings say. The Edge, FOMO and Potential scores on this page are derived measures with a published formula, not ratings of investment merit: they describe the setup, and every component is shown so you can take them apart. We publish no price targets and no recommendations, and nothing here should be read as advice. The figures are a starting point for your own work, and each one carries the accession number of the filing it came from.

Where does this Dynamix Corp III data come from?

Filings Dynamix Corp III submitted to the SEC under CIK 0002081125: the registration statement and final prospectus for the structure, quarterly and annual reports for the trust, current reports and proxy statements for deals, votes and extensions. Trust economics are taken from the registrant's own XBRL tags rather than parsed from prose, which is why they are exact. Every filing in the history above is listed with its accession number, which identifies the document uniquely on EDGAR; Pro accounts open it directly from the row.

Compiled by the SPACListing research desk

Last reconciled Sep 4, 2026

Every figure on this page is read from documents the registrants filed with the U.S. Securities and Exchange Commission, principally the IPO prospectus (Form 424B4), quarterly and annual reports, current reports and proxy statements, the registrant's own XBRL tags for trust economics. Nothing is sourced from press coverage, from the companies themselves, or from a third-party aggregator. Where a filing does not disclose something, the field is left blank rather than estimated.

Read the full methodology · What is in the dataset · Report a correction

SPACListing is a reference-data service, not an investment adviser. Nothing here is a recommendation to buy or sell any security.

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The context around this vehicle: who else the sponsor has launched, which banks priced it, and where it sits in the wider market.