Dynamix Co.’s (NASDAQ:DYNXU) Lock-Up Period To Expire Tomorrow

Dynamix’s (NASDAQ:DYNXU) lock-up period is set to expire on Tuesday, May 20th. Dynamix had issued 15,000,000 shares in its initial public offering on November 21st. The total size of the offering was $150,000,000 based on an initial share price of $10.00. After the expiration of the company’s lock-up period, company insiders and major shareholders will be able to sell their shares of the company.

Dynamix Stock Performance

Shares of DYNXU stock opened at $10.22 on Monday. The company’s 50 day simple moving average is $10.09. Dynamix has a 52-week low of $9.91 and a 52-week high of $10.60.

Dynamix Company 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.