---
schema_version: "secwatch.filing_event.v1"
accession: "0001213900-25-065907"
form_type: "8-K"
ticker: "DYNC"
cik: "0002028699"
company_name: "Dynamix Corp"
filed_at: "2025-07-21T23:59:59+00:00"
generated_at: "2026-05-18T05:21:31.449735+00:00"
event_type: "m_and_a"
sentiment: "positive"
materiality_score: 0.8
calibrated_materiality_score: 0.8
confidence: "high"
source: SEC EDGAR
---

# Dynamix SPAC to merge with The Ether Machine; combined entity to list as ETHM with over $1.5B capital

## Summary
- Business combination between Dynamix Corp (SPAC) and The Ether Reserve, LLC; combined company to trade on NASDAQ as ETHM.
- Over $1.5B fully committed capital: ~$645M in Ether (169,984 ETH from Andrew Keys) and >$800M from investors including Pantera, Kraken, Archetype.
- The Ether Machine will be a publicly traded pure-play vehicle for institutional-grade Ethereum staking, restaking, and DeFi yield.
- Leadership includes Ethereum pioneers Andrew Keys (Chairman), David Merin (CEO), Tim Lowe (CTO), and Jonathan Christodoro (Vice Chairman).
- Sponsor to forfeit shares/warrants as part of consideration; up to 8M additional earn-out shares subject to VWAP milestones.

## SEC filing metadata
- accession: 0001213900-25-065907
- form_type: 8-K
- ticker: DYNC
- cik: 0002028699
- company_name: Dynamix Corp
- filed_at: 2025-07-21T23:59:59+00:00
- event_type: m_and_a
- sentiment: positive
- materiality_score: 0.8
- calibrated_materiality_score: 0.8
- confidence: high
- sec_items: 7.01, 9.01
- EDGAR index: https://www.sec.gov/Archives/edgar/data/2028699/000121390025065907/0001213900-25-065907-index.htm
- EDGAR primary document: https://www.sec.gov/Archives/edgar/data/2028699/000121390025065907/ea0249661-8k425_dynamix.htm

## Machine-readable alternates
- HTML: https://secwatch.observer/filing/0001213900-25-065907
- JSON: https://secwatch.observer/filing/0001213900-25-065907.json
- Plain text: https://secwatch.observer/filing/0001213900-25-065907.txt

This AI-assisted summary is a reading aid. Review the linked SEC EDGAR filing before relying on any specific claim.