Dynamix Corporation
ETHMW
NASDAQ Global Market0.17
USD
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Dynamix Corporation
ETHMW
(NASDAQ Global Market)
Recent
price
0.17
P/E
ratio
- -
div
yld
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ROIC.AI
Capital Structure
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in mil. unless spec.Working Capital
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in mil. unless spec.Growth Rates
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in mil. unless spec.Quarterly Revenue
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in mil. unless spec.Quarterly Earnings Per Share
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in mil. unless spec.Quarterly Dividends Per Share
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in mil. unless spec.- Similar Companies
- Business
- Dynamix Corporation (NASDAQ:ETHMW) operates as a blank check company whose principal business activity is to effect a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, primarily targeting the energy and power sectors including traditional energy, power infrastructure, energy transition opportunities such as compression, gathering and processing, geothermal generation, minerals and royalties, offshore services, oilfield services, upstream exploration and production, behind-the-meter distributed energy, flexible generation, grid management, high performance computing power, peaker power plants, power infrastructure solutions, battery upcycling, environmental remediation, HVAC efficiency, landfill aversion, nuclear waste services, sustainable mining, waste management, and water recycling and treatment; it currently has no significant operations. The company, founded in 2024 and headquartered in Houston, Texas, focuses on fundamentally sound, cash-flowing assets with proven operators, attractive market dynamics, realistic growth prospects, and scalable models requiring sophisticated capital. In July 2025, Dynamix entered into a definitive business combination agreement with The Ether Machine, Inc., a next-generation Ethereum yield and infrastructure platform backed by over $1.5 billion in committed capital including approximately $645 million in ETH from anchor investor Andrew Keys and participation from leading digital asset investors such as Blockchain.com, Kraken, and Pantera Capital, positioning the post-merger entity as the largest public vehicle for institutional-grade Ethereum exposure with over 400,000 ETH on its balance sheet and strategies for yield generation through staking, restaking, and DeFi protocols; the transaction, expected to close by Q4 2025 under ticker ETHM, includes Equity PIPE investments of $197.1 million in cash and 67,121 Ether alongside Company Unit Subscriptions of $97 million in cash and 35,615.11 Ether, with Pubco issuing Class A and Class B common stock, private warrants, earnout shares tied to VWAP milestones of $11.00 to $17.00 over 6 to 18 months post-closing up to 8 million shares, and lock-up agreements on restricted securities until six months post-closing or earlier upon $12.50 VWAP achievement for 20 consecutive trading days.