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Dynamix terminates Ether Machine merger; receives $50M termination fee
Dynamix Corporation terminated its Business Combination Agreement with The Ether Machine, Inc. dated July 21, 2025.
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Dynamix closes private placement of 150,000 ether (~$655.6M) for business combo
Second Company Unit Subscription Agreement with JBerns inv EM1, LLC for 150,000 ether at $4,370.46/ether.
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The Ether Machine buys additional $40M in ETH, total committed exceeds 345K ETH
Purchased 10,605 ETH at avg $3,781 using $97M private placement proceeds.
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Dynamix SPAC signs definitive merger with The Ether Reserve; up to 8M earnout shares
SPAC Dynamix (DYNX) to merge with The Ether Machine / The Ether Reserve in a deal with fixed + variable consideration.
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Dynamix SPAC to merge with The Ether Machine; combined entity to list as ETHM with over $1.5B capital
Business combination between Dynamix Corp (SPAC) and The Ether Reserve, LLC; combined company to trade on NASDAQ as ETHM.
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Dynamix Corporation completes $166M SPAC IPO; $166.4M placed in trust
IPO of 16,600,000 units at $10.00/unit, gross proceeds $166M; partial exercise of underwriter option.