Dynamix Corp III (NASDAQ:DNMXW) Stock Price Up 0.1% – Here’s What Happened

Shares of Dynamix Corp III (NASDAQ:DNMXW) rose 0.1% on Thursday . The company traded as high as $0.31 and last traded at $0.30. Approximately 46,744 shares changed hands during trading, a decline of 6% from the average daily volume of 49,471 shares. The stock had previously closed at $0.2997.

Dynamix Corp III Stock Performance

Institutional Inflows and Outflows

Hedge funds and other institutional investors have recently bought and sold shares of the company. Adage Capital Partners GP L.L.C. acquired a new stake in Dynamix Corp III during the fourth quarter worth $282,000. Meteora Capital LLC bought a new position in shares of Dynamix Corp III during the 4th quarter worth about $270,000. Glazer Capital LLC acquired a new stake in shares of Dynamix Corp III during the 4th quarter valued at about $108,000. Magnetar Financial LLC bought a new stake in Dynamix Corp III in the fourth quarter valued at about $104,000. Finally, Verition Fund Management LLC bought a new stake in Dynamix Corp III in the fourth quarter valued at about $107,000.

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.