Dynamix Corporation Completes $166 Million Initial Public Offering

Quick Summary:

Once the securities constituting the units begin separate trading, the Class A ordinary shares and warrants are expected to be listed on Nasdaq under the symbols "DYNX" and "DYNXW," respectively.   

Of the proceeds received from the consummation of the initial public offering and a simultaneous private placement of warrants, $166,415,000 (or $10.025 per unit sold in the public offering) was placed in ...

NEW YORK, NY, Nov.22, 2024 (GLOBE NEWSWIRE) -- Dynamix Corporation (the "Company") announced today the closing of its initial public offering of 16,600,000 units, including 1,600,000 units in connection with the underwriters' exercise of  their option to purchase additional units.

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Article Details

Author / Journalist: Globe Newswire

Category: InvestingBusiness

Markets: United StatesCayman Islands

Topics: News DYNXU Press Releases IPOs

Source Website Secure: Yes (HTTPS)

News Sentiment: Negative

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 21:14:01 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: benzinga.com

Language: English

Article Length: 693 words

Reading Time: 4 minutes read

Sentences: 28 lines

Sentence Length: 25 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Benzinga

News ID: 23771271

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