Dynamix Corp III (NASDAQ:DNMX) Stock Price Down 0.1% – Here’s Why

Shares of Dynamix Corp III (NASDAQ:DNMX) fell 0.1% during trading on Friday . The stock traded as low as $9.92 and last traded at $9.92. 3,555 shares were traded during mid-day trading, a decline of 94% from the average session volume of 56,864 shares. The stock had previously closed at $9.93.

Dynamix Corp III Stock Down 0.1%

Institutional Investors Weigh In On Dynamix Corp III

Institutional investors and hedge funds have recently modified their holdings of the company. Boothbay Fund Management LLC purchased a new position in Dynamix Corp III during the 4th quarter valued at about $494,000. Bulldog Investors LLP acquired a new stake in shares of Dynamix Corp III during the fourth quarter worth about $494,000. Mint Tower Capital Management B.V. purchased a new position in shares of Dynamix Corp III in the fourth quarter valued at approximately $989,000. Moore Capital Management LP purchased a new position in shares of Dynamix Corp III in the fourth quarter valued at approximately $989,000. Finally, DLD Asset Management LP acquired a new position in shares of Dynamix Corp III in the fourth quarter valued at approximately $1,041,000.

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.