Dynamix Corporation III, a blank check company targeting the energy, power, and digital infrastructure industries, raised $175 million by offering 17.5 million units at $10.00. Each unit consists of one share of common stock and one-half of one warrant, exercisable at $11.50.
Dynamix III is led by CEO and Chair Andrea Bernatova, who previously served as CFO of resiliency microgrid company Enchanted Rock Energy and midstream water infrastructure company Goodnight Midstream. The SPAC plans to target companies operating in the energy, power, and digital infrastructure sectors, including technologies and services that reduce greenhouse gas emissions while supporting continued growth in global energy usage.
Management’s previous SPACs include Dynamix (DYNX; +8% from $10 offer price), which has a pending merger agreement with Ethereum treasury The Ether Machine, and ESGEN Acquisition, which completed its combination with residential solar provider Sunergy Renewables in 2024 to form Zeo Energy (ZEO; -84%).
Dynamix III plans to list on the Nasdaq under the symbol DNMXU. Cohen & Company Securities acted as sole bookrunner on the deal.
