392,034 Shares in Dynamix Corp III $DNMX Acquired by Sona Asset Management US LLC

Sona Asset Management US LLC acquired a new stake in Dynamix Corp III (NASDAQ:DNMX) during the first quarter, according to its most recent disclosure with the SEC. The institutional investor acquired 392,034 shares of the company’s stock, valued at approximately $3,889,000.

Several other large investors have also recently added to or reduced their stakes in the company. ABC Arbitrage SA bought a new stake in shares of Dynamix Corp III in the first quarter valued at about $198,000. Boothbay Fund Management LLC acquired a new stake in Dynamix Corp III in the 4th quarter worth about $494,000. Bulldog Investors LLP bought a new stake in Dynamix Corp III in the 4th quarter valued at about $494,000. Gritstone Asset Management LLC acquired a new position in shares of Dynamix Corp III during the 1st quarter worth approximately $496,000. Finally, Mint Tower Capital Management B.V. bought a new position in shares of Dynamix Corp III during the fourth quarter worth approximately $989,000.

Dynamix Corp III Stock Performance

Shares of DNMX stock opened at $10.01 on Monday. The firm has a market capitalization of $233.53 million and a PE ratio of -1,001.00. The company has a 50-day moving average of $10.01. Dynamix Corp III has a 1-year low of $9.87 and a 1-year high of $10.04.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings started coverage on shares of Dynamix Corp III in a research report on Monday, June 8th. They set a “sell (e+)” rating for the company. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat.com, Dynamix Corp III currently has an average rating of “Sell”.

About Dynamix Corp III

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.