Lineage Point Capital LP Takes Position in Dynamix Corp III $DNMX

Lineage Point Capital LP purchased a new position in Dynamix Corp III (NASDAQ:DNMX) during the 4th quarter, according to its most recent 13F filing with the SEC. The firm purchased 390,000 shares of the company’s stock, valued at approximately $3,857,000. Dynamix Corp III comprises approximately 1.5% of Lineage Point Capital LP’s investment portfolio, making the stock its 25th largest position. Lineage Point Capital LP owned 1.67% of Dynamix Corp III at the end of the most recent quarter.

A number of other institutional investors have also made changes to their positions in the stock. Bulldog Investors LLP bought a new stake in Dynamix Corp III in the fourth quarter valued at about $494,000. Boothbay Fund Management LLC bought a new position in Dynamix Corp III during the fourth quarter worth about $494,000. Mint Tower Capital Management B.V. acquired a new position in shares of Dynamix Corp III during the 4th quarter worth about $989,000. Moore Capital Management LP acquired a new position in shares of Dynamix Corp III during the 4th quarter worth about $989,000. Finally, DLD Asset Management LP bought a new stake in shares of Dynamix Corp III in the 4th quarter valued at about $1,041,000.

Wall Street Analysts Forecast Growth

Separately, Weiss Ratings initiated coverage on shares of Dynamix Corp III in a research report on Monday, June 8th. They issued a “sell (e+)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to data from MarketBeat.com, the stock presently has an average rating of “Sell”.

Dynamix Corp III Stock Down 0.1%

Shares of DNMX stock opened at $10.01 on Friday. Dynamix Corp III has a 12-month low of $9.87 and a 12-month high of $10.03. The company has a fifty day moving average price of $9.99. The firm has a market cap of $233.53 million and a price-to-earnings ratio of -1,001.00.

Dynamix Corp III (NASDAQ:DNMX) last issued its quarterly earnings data on Friday, March 20th. The company reported $0.07 EPS for the quarter.

Dynamix Corp III Profile

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.