Dynamix Corp III’s (NASDAQ:DNMXU) Lock-Up Period Set To End on April 28th

Dynamix Corp III’s (NASDAQ:DNMXU) lock-up period is set to end on Tuesday, April 28th. Dynamix Corp III had issued 17,500,000 shares in its initial public offering on October 30th. The total size of the offering was $175,000,000 based on an initial share price of $10.00. After the expiration of Dynamix Corp III’s lock-up period, restrictions preventing major shareholders and company insiders from selling shares in the company will be lifted.

Dynamix Corp III Trading Up 0.3%

Dynamix Corp III stock opened at $10.12 on Friday. Dynamix Corp III has a 12-month low of $10.05 and a 12-month high of $11.00. The company has a 50-day simple moving average of $10.10.

Institutional Inflows and Outflows

A number of hedge funds and other institutional investors have recently bought and sold shares of DNMXU. Healthcare of Ontario Pension Plan Trust Fund bought a new position in Dynamix Corp III in the fourth quarter valued at about $6,030,000. AQR Arbitrage LLC bought a new position in Dynamix Corp III in the fourth quarter valued at about $5,815,000. Alberta Investment Management Corp bought a new position in Dynamix Corp III in the fourth quarter valued at about $3,518,000. Millennium Management LLC bought a new position in Dynamix Corp III in the fourth quarter valued at about $3,266,000. Finally, Wealthspring Capital LLC bought a new position in Dynamix Corp III in the fourth quarter valued at about $2,958,000.

About Dynamix Corp III

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.