Radcliffe Capital Management L.P. acquired a new stake in Dynamix Corp III (NASDAQ:DNMX – Free Report) in the fourth quarter, according to its most recent disclosure with the Securities and Exchange Commission (SEC). The firm acquired 375,171 shares of the company’s stock, valued at approximately $3,710,000. Radcliffe Capital Management L.P. owned about 1.61% of Dynamix Corp III as of its most recent SEC filing.
Several other hedge funds and other institutional investors also recently made changes to their positions in the business. Glazer Capital LLC bought a new stake in Dynamix Corp III in the 4th quarter valued at $6,185,000. Magnetar Financial LLC acquired a new stake in Dynamix Corp III during the 4th quarter valued at $5,934,000. Verition Fund Management LLC bought a new position in Dynamix Corp III during the fourth quarter worth $5,365,000. Periscope Capital Inc. bought a new position in Dynamix Corp III during the fourth quarter worth $5,192,000. Finally, First Trust Capital Management L.P. acquired a new position in shares of Dynamix Corp III in the fourth quarter valued at $4,945,000.
Dynamix Corp III Trading Down 0.0%
Shares of NASDAQ:DNMX opened at $10.02 on Wednesday. Dynamix Corp III has a 12-month low of $9.87 and a 12-month high of $10.03. The stock’s 50 day moving average price is $9.98. The company has a market capitalization of $233.65 million and a PE ratio of -1,001.50.
Analyst Upgrades and Downgrades
Separately, Weiss Ratings started coverage on shares of Dynamix Corp III in a research report on Monday, June 8th. They issued a “sell (e+)” rating on the stock. One analyst has rated the stock with a Sell rating, According to MarketBeat, the company presently has an average rating of “Sell”.
View Our Latest Stock Report on DNMX
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.
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