Dynamix IV, a blank check company targeting the energy and power value chain, filed on Tuesday with the SEC to raise up to $175 million in an initial public offering.
The company plans to raise $175 million by offering 17.5 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50.
Dynamix IV is led by CEO and Chairman Andrea Bernatova, who previously served as CFO of resiliency microgrid company Enchanted Rock Energy and midstream water infrastructure company Goodnight Midstream. She is joined by CFO Nader Daylami, who co-founded oil and gas operator Bruin, which was eventually sold to Enerplus in 2021. The SPAC plans to target companies operating in the energy and power value chain, including E&P firms, midstream and logistic firms, and oilfield services providers.
Management’s previous SPACs include Dynamix III (DNMXU; +1% from $10 offer price), which priced last October; Dynamix (ETHM; +4%), 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; -91%).
The Houston, TX-based company was founded in 2025 and plans to list on the Nasdaq under the symbol DNMXU. Cohen & Company Securities is the sole bookrunner on the deal.
