Dynamix Corp (ETHM) Form 10-Q — May 14, 2026

$ETHMForm 10-QFiled May 14, 2026, 4:05 PM ET0001213900-26-056598Original filing

Dynamix Corporation (DYNC) reported a net income of $11.1 million for the quarter ended March 31, 2026, driven primarily by a $9.9 million gain from the change in fair value of warrant liabilities and $1.5 million in dividends earned on trust account investments. The company terminated its proposed business combination with The Ether Machine, Inc. in April 2026, receiving a $50 million termination fee. This cash infusion extends the company's operational runway as it continues to seek a new target before its November 2026 deadline.

Key figures

Eps: 0.5
Net Income: 11087940
Total Debt: 0
Total Assets: 175032427
Cash Position: 154849
Warrant Liability: 7138000
Trust Account Balance: 174762568
Working Capital Deficit: 3554775
Termination Fee Received: 50000000
Shares Outstanding Class A: 16600000
Shares Outstanding Class B: 5533333

Price after filing

1 day: 0.0%7 days: +0.5%30 days: +0.5%

Close on the filing date to close N calendar days later (from $10.75). Historical, not a forecast.

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