375,171 Shares in Dynamix Corp III $DNMX Purchased by Radcliffe Capital Management L.P.

Radcliffe Capital Management L.P. acquired a new position in Dynamix Corp III (NASDAQ:DNMX) in the 4th quarter, Holdings Channel reports. The institutional investor acquired 375,171 shares of the company’s stock, valued at approximately $3,710,000.

A number of other institutional investors and hedge funds have also recently made changes to their positions in the business. Magnetar Financial LLC bought a new position in shares of Dynamix Corp III during the fourth quarter worth approximately $5,934,000. Verition Fund Management LLC bought a new stake in shares of Dynamix Corp III in the fourth quarter valued at approximately $5,365,000. K2 Principal Fund L.P. bought a new stake in shares of Dynamix Corp III in the fourth quarter valued at approximately $1,190,000. Clear Street Group Inc. acquired a new stake in Dynamix Corp III during the fourth quarter worth approximately $2,422,000. Finally, Context Capital Management LLC acquired a new stake in Dynamix Corp III during the fourth quarter worth approximately $2,967,000.

Analyst Ratings Changes

Separately, Weiss Ratings assumed coverage on Dynamix Corp III in a research note on Monday, June 8th. They set a “sell (e+)” rating on the stock. One investment analyst has rated the stock with a Sell rating, Based on data from MarketBeat, the stock currently has a consensus rating of “Sell”.

Dynamix Corp III Price Performance

DNMX opened at $10.02 on Wednesday. The company has a market capitalization of $233.65 million and a PE ratio of -1,001.50. Dynamix Corp III has a twelve month low of $9.87 and a twelve month high of $10.03. The business’s 50-day moving average price is $9.98.

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

Dynamix Corp III 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.