Dynamix Corporation III Raises $175M SPAC to Target AI, Energy, and Digital Assets

Dynamix Corporation III has raised $175 million in an upsized IPO, with plans to acquire a company in the AI, energy, or digital asset sector.

By Maria Konash Published: Updated:

Dynamix Corporation III (NASDAQ: DNMXU) has priced its initial public offering at $175 million, issuing 17.5 million units at $10 each, with each unit containing one Class A share and half a warrant exercisable at $11.50. With the underwriters’ option exercised, total proceeds may rise to $201.25 million.

The SPAC, led by CEO Andrea “Andrejka” Bernatova, aims to acquire companies within the AI, energy, power, and digital infrastructure value chains. Formed under Cayman Islands law, it will list on the Nasdaq Global Market under the unit symbol DNMXU, with separate trading expected for shares (DNMX) and warrants (DNMXW).

This offering comes as the SPAC market cautiously rebounds from a prolonged slowdown, with investors showing renewed interest in vehicles that target high-growth, capital-intensive sectors. Dynamix’s focus and experienced leadership could make it an early signal of renewed momentum in SPAC-driven innovation.

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