Periscope Capital Inc. Takes Position in Dynamix Corp III $DNMX

Periscope Capital Inc. bought a new stake in Dynamix Corp III (NASDAQ:DNMX) during the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission. The fund bought 525,000 shares of the company’s stock, valued at approximately $5,192,000. Dynamix Corp III accounts for approximately 0.6% of Periscope Capital Inc.’s portfolio, making the stock its 10th biggest position. Periscope Capital Inc. owned approximately 2.25% of Dynamix Corp III at the end of the most recent quarter.

Separately, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Dynamix Corp III in the 4th quarter valued at $2,967,000.

Dynamix Corp III Stock Down 0.0%

Shares of Dynamix Corp III stock opened at $10.02 on Friday. The firm has a market cap of $233.65 million and a PE ratio of -1,001.50. The firm has a fifty day simple moving average of $9.96. Dynamix Corp III has a 12 month low of $9.87 and a 12 month high of $10.02.

Dynamix Corp III (NASDAQ:DNMX) last announced its quarterly earnings data on Friday, March 20th. The company reported $0.07 EPS for the quarter.

Dynamix Corp III Company Profile

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.