Dynamix Corp (NASDAQ: DYNC) is a special purpose acquisition company (SPAC) incorporated in the Cayman Islands on June 13, 2024, formed for the sole purpose of effecting a merger, share exchange, asset acquisition, or similar business combination with one or more operating businesses. It generates no operating revenue. As of December 31, 2025, the Company had not commenced any operations, with all activity since inception relating to its formation, initial public offering, and pursuit of a business combination target. The Company completed its IPO on November 22, 2024, listing Units on Nasdaq under the symbol "DYNXU", and held $173,392,842 in a trust account as of December 31, 2025. A Business Combination Agreement was signed on July 21, 2025, with DynamixCore Holdings, LLC as the identified target. The Company is an emerging growth company under the JOBS Act. Headquarters is listed at 1815 Central Park Drive, Suite 1000, PMB 380, Steamboat Springs, Colorado 80487.
- Revenue model
- No operating revenue as of December 31, 2025. The trust account, holding $173,392,842 as of December 31, 2025, earns interest income, up to 10% of which annually may be withdrawn for working capital and tax obligations. Revenue generation is contingent on completion of an initial business combination.
- Products and services
- The Company offers no products or services. Its sole activity is identifying and completing an initial business combination. Units consisting of one Class A ordinary share and one-half of one redeemable warrant began trading on Nasdaq on November 22, 2024. Class A ordinary shares and warrants became separately tradable on December 9, 2024.
- Value-chain role
- Blank check acquisition vehicle. Raises capital via IPO, holds proceeds in a trust account, and seeks to merge with or acquire an operating business. Sponsor is DynamixCore Holdings, LLC, which holds 100% of Class B ordinary shares representing 25% voting control as of the filing date.
- Geographic exposure
- Incorporated in the Cayman Islands. Headquarters in Steamboat Springs, Colorado. Listed on Nasdaq. Target business geography not determined as of December 31, 2025.
Source: SEC 10-K, filed 2026-03-06
Industry:
Blank Checks