Mint Tower Capital Management B.V. Acquires Shares of 100,000 Dynamix Corp III $DNMX

Mint Tower Capital Management B.V. acquired a new stake in shares of Dynamix Corp III (NASDAQ:DNMX) in the 4th quarter, according to the company in its most recent Form 13F filing with the SEC. The institutional investor acquired 100,000 shares of the company’s stock, valued at approximately $989,000. Mint Tower Capital Management B.V. owned about 0.43% of Dynamix Corp III as of its most recent SEC filing.

Several other hedge funds and other institutional investors have also made changes to their positions in DNMX. Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in shares of Dynamix Corp III during the 4th quarter valued at approximately $2,967,000. Periscope Capital Inc. bought a new position in shares of Dynamix Corp III during the 4th quarter valued at approximately $5,192,000. Finally, Picton Mahoney Asset Management bought a new position in shares of Dynamix Corp III during the 4th quarter valued at approximately $2,967,000.

Wall Street Analysts Forecast Growth

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

Dynamix Corp III Stock Performance

Shares of NASDAQ:DNMX opened at $10.02 on Friday. Dynamix Corp III has a 12 month low of $9.87 and a 12 month high of $10.03. The firm has a 50-day simple moving average of $9.98. The company has a market cap of $233.77 million and a P/E ratio of -1,002.00.

Dynamix Corp III (NASDAQ:DNMX) last announced its quarterly 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.