Dynamix Corp 10-K

Item 5. Market for Registrant’s Common Equity, Related Stockholder Matters and Issuer Purchases of Equity Securities Market Information Our Units, Class A ordinary shares and warrants are traded on the Nasdaq under the symbols “ETHM,” “ETHMU” and “ETHMW,” respectively. Our Units commenced public trading on November 22, 2024, and our Class A ordinary shares and warrants began separate trading on December 9, 2024. There is no trading market for our Class B ordinary shares. Holders As of March 3, 2026, there was one holder of record of our Units, one holder of record of our separately traded Class A ordinary shares, one holder of record of our separately traded public warrants, and one holder of record of our Class B ordinary shares. Dividends We have not paid any cash dividends on our ordinary shares to date and do not intend to pay cash dividends prior to the completion of our initial business combination. The payment of cash dividends in the future will be dependent upon our revenues and earnings, if any, capital requirements and general financial condition subsequent to completion of our initial business combination. The payment of any cash dividends subsequent to our initial business combination will be within the discretion of our board of directors at such time. Further, if we incur any indebtedness in connection with our business combination, our ability to declare dividends may be limited by restrictive covenants we may agree to in connection therewith. Securities Authorized for Issuance Under Equity Compensation Plans None Recent Sales of Unregistered Securities; Use of Proceeds from Registered Offerings Use of Proceeds The registration statement on Form S-1 (File No. 333-280719) for our initial public offering was declared effective by the SEC on November 20, 2024. On November 22, 2024, the Company consummated the initial public offering of 16,600,000, including 1,600,000 Units as a result of the underwriters’ partial exercise of their overallotment option, at an offering price of $10.00 per Unit. The gross proceeds from the initial public offering were $166,000,000 in the aggregate. A total of $166,415,000 of the net proceeds of the initial public offering and private placement, were placed in a trust account maintained by the Odyssey Transfer and Trust Company acting as trustee. Transaction costs amounted to approximately $10,605,256, consisting of $3,320,000 of cash underwriting fees, $6,640,000 of deferred underwriting fees and approximately $645,256 of other offering costs. There has been no material change in the planned use of proceeds from such use as described in the Company’s registration statement on Form S-1 (File No. 333-280719). Item 6. [Reserved]