D
Dynamix Corp
DYNCWCIK 0002028699NasdaqNon-AcceleratedSmaller ReportingEmerging GrowthBlank ChecksFY ends Dec 31
Period
FY 2025
Revenue
—
Net Income
$-13.22M
Total Assets
$173.69M
Equity
$-27.05M
Shares Out
—
Op. Cash Flow
$-2.03M
Business
Dynamix Corp is a blank check company formed to effect a merger, amalgamation, share exchange, asset or share purchase, reorganization or similar business combination with one or more operating businesses. It offers public investment vehicles consisting of units, Class A ordinary shares and redeemable warrants and conducts capital raising activities, including private placement arrangements, to fund target identification and due diligence. The company operates as a single-purpose acquisition vehicle without operating segments, focusing on sourcing and structuring an initial business combination. Dynamix Corp intends to pursue targets broadly across the United States and in global markets including Canada, Mexico, Europe and South America.
Summary from filing dated 2025-03-20
Financials
Consolidated Statement of Income
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| General and administrative expenses | 5 | |
| Loss from operations | −5 | |
| Change in fair value of warrant liabilities | −15 | |
| Transaction costs | — | |
| Interest earned on cash account | 33,972 | |
| Dividends earned on investments held in Trust Account | 7 | |
| Change in fair value over-allotment liability | 64,371 | |
| Total other (expense) income, net | −8 | |
| Net loss | −13 |
Consolidated Balance Sheet
As of · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 | FY 2024 2024-12-31 | FY 2024 2024-05-31 | FY 2023 2023-12-31 |
|---|---|---|---|---|---|
| Cash | 223,698 | 2 | — | — | |
| Due from Sponsor | 155 | — | — | — | |
| Prepaid expenses | 72,397 | 1,637 | — | — | |
| Total current assets | 296,250 | 2 | — | — | |
| Long-term prepaid insurance | 730 | — | — | — | |
| Investments held in Trust Account | 173 | 167 | — | — | |
| Total Assets | 174 | 169 | — | — | |
| Accounts payable and accrued expenses | 4 | 207,608 | — | — | |
| Accrued offering costs | — | 75,000 | — | — | |
| Over-allotment option liability | — | 64,371 | — | — | |
| Total current liabilities | 4 | 346,979 | — | — | |
| Warrant liability | 17 | 2 | — | — | |
| Deferred underwriting fee | 7 | 7 | — | — | |
| Total Liabilities | 27 | 9 | — | — | |
| Commitments and Contingencies (Note 6) | — | — | — | — | |
| Preference shares, $0.0001 par value; 5,000,000 shares authorized; none issued or outstanding | — | — | — | — | |
| Additional paid-in capital | — | — | — | — | |
| Accumulated deficit | −27 | −8 | — | — | |
| Total Shareholders Deficit | −27 | −8 | — | — | |
| Total Liabilities, Class A Ordinary Shares Subject to Possible Redemption, and Shareholders Deficit | 174 | 169 | — | — |
Consolidated Statement of Cash Flows
Year Ended · In millions, except per-share amounts
| Concept | Trend | FY 2025 2025-12-31 |
|---|---|---|
| Formation costs paid by Sponsor in exchange for issuance of Class B ordinary shares | — | |
| Operating costs paid through promissory note related party | — | |
| Prepaid expenses | −71,490 | |
| Due from Sponsor | −155 | |
| Accounts payable and accrued liabilities | 3 | |
| Net cash used in operating activities | −2 | |
| Investment of cash in Trust Account | — | |
| Net cash used in investing activities | — | |
| Cash withdrawn from Trust Account for working capital | 714,928 | |
| Proceeds from sale of Units, net of underwriting discounts paid | — | |
| Proceeds from sale of Private Placement Warrants | — | |
| Repayment of promissory note - related party | — | |
| Payments of offering costs | — | |
| Net cash provided by financing activities | 714,928 | |
| Net Change in Cash | −1 | |
| Forfeiture of Founder Shares | 22 | |
| Issuance of Founder Shares | — | |
| Offering costs included in accrued offering costs | — | |
| Offering costs paid by promissory note | — | |
| Offering costs paid via prepaid expense | — | |
| Offering costs charged to additional paid in capital | — | |
| Over-allotment liability at IPO date | — | |
| Deferred underwriting fee payable | — | |
| Initial classification of warrant liability - public | — |
Filings
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