Lineage Point Capital LP purchased a new stake in Dynamix Corp III (NASDAQ:DNMX – Free Report) during the fourth quarter, according to the company in its most recent disclosure with the Securities and Exchange Commission (SEC). The fund purchased 390,000 shares of the company’s stock, valued at approximately $3,857,000. Dynamix Corp III makes up about 1.5% of Lineage Point Capital LP’s holdings, making the stock its 25th biggest position.
Several other institutional investors and hedge funds also recently made changes to their positions in DNMX. Bulldog Investors LLP bought a new stake in shares of Dynamix Corp III during the fourth quarter worth $494,000. Boothbay Fund Management LLC bought a new stake in Dynamix Corp III in the 4th quarter valued at $494,000. Mint Tower Capital Management B.V. bought a new stake in Dynamix Corp III in the 4th quarter valued at $989,000. Moore Capital Management LP acquired a new position in Dynamix Corp III in the 4th quarter worth $989,000. Finally, DLD Asset Management LP acquired a new position in Dynamix Corp III in the 4th quarter worth $1,041,000.
Dynamix Corp III Trading Down 0.1%
NASDAQ:DNMX opened at $10.01 on Friday. 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 $9.99. The firm has a market cap of $233.53 million and a P/E ratio of -1,001.00.
Wall Street Analysts Forecast Growth
Separately, Weiss Ratings began coverage on Dynamix Corp III in a research note on Monday, June 8th. They issued a “sell (e+)” rating on the stock. One equities research analyst has rated the stock with a Sell rating, According to MarketBeat, Dynamix Corp III currently has a consensus rating of “Sell”.
Check Out Our Latest Analysis on Dynamix Corp III
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.
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