Dynamix Corp (ETHM) Form 10-Q — Aug 13, 2026
Dynamix Corporation, a Nasdaq-listed blank check company trading as DYNC, reported net income of $56,803,502 for the quarter ended June 30, 2026 ($2.57 per share) and $67,891,442 for the first half, driven by a $50,000,000 termination fee received April 10, 2026 after its business combination with The Ether Machine was called off. As of June 30, 2026, the company held $176,148,668 in its trust account and $46,136,411 in cash and cash equivalents outside the trust, with retained earnings swinging to $38,084,074 from a $27.1 million deficit at December 31, 2025.
Key figures
- Eps
- $2.57 (Q2 2026); $3.07 (six months 2026)
- Net Income
- $67,891,442 for the six months ended June 30, 2026; $56,803,502 for Q2 2026
- Total Assets
- 222357346
- Cash Position
- 46136411
- Q2 G&AExpense
- 902785
- Termination Fee
- 50000000
- Working Capital
- 46052627
- Ipo Gross Proceeds
- 166000000
- Retained Earnings
- 38084074
- Warrant Liability
- 1328000
- Trust Account Balance
- 176148668
- Warrant Exercise Price
- 11.5
- Deferred Underwriting Fee
- 6640000
- Business Combination Deadline
- 2026-11-22
- Private Placement Warrant Proceeds
- 5985000
- Trust Account Balance Prior Year End
- 173392824
Price after filing
Close on the filing date to close N calendar days later (from $10.87). Historical, not a forecast.
AI analysis
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