Latest news with #Dynamix
Business Wire
15 hours ago
- Business
- Business Wire
DYNX Stock Alert: Halper Sadeh LLC Is Investigating Whether the Merger of Dynamix Corporation Is Fair to Shareholders
NEW YORK--(BUSINESS WIRE)--Halper Sadeh LLC, an investor rights law firm, is investigating whether the merger of Dynamix Corporation (NASDAQ: DYNX) and The Ether Machine, Inc. is fair to Dynamix shareholders. Halper Sadeh encourages Dynamix shareholders to click here to learn more about their legal rights and options or contact Daniel Sadeh or Zachary Halper at (212) 763-0060 or sadeh@ or zhalper@ The investigation concerns whether Dynamix and its board violated the federal securities laws and/or breached their fiduciary duties to shareholders by failing to, among other things: (1) obtain the best possible consideration for Dynamix shareholders; and (2) disclose all material information necessary for Dynamix shareholders to adequately assess and value the merger consideration. On behalf of Dynamix shareholders, Halper Sadeh LLC may seek increased consideration for shareholders, additional disclosures and information concerning the proposed transaction, or other relief and benefits. We would handle the action on a contingent fee basis, whereby you would not be responsible for out-of-pocket payment of our legal fees or expenses. Halper Sadeh LLC represents investors all over the world who have fallen victim to securities fraud and corporate misconduct. Our attorneys have been instrumental in implementing corporate reforms and recovering millions of dollars on behalf of defrauded investors. Attorney Advertising. Prior results do not guarantee a similar outcome.
Yahoo
a day ago
- Business
- Yahoo
The Ether Machine Begins ETH Treasury Deployment With $57M Purchase
The Ether Machine, a crypto infrastructure firm preparing to go public via a merger with SPAC sponsor Dynamix, said it executed its first major ether (ETH) purchase, acquiring nearly 15,000 ETH for $56.9 million. The transaction, at an average price of $3,809.97, marks the start of the company's ETH treasury deployment. The Ether Machine said it has committed to or acquired a total of 334,757 ETH to date, and still has up to $407 million in cash reserves remaining for additional purchases. The timing of the announcement coincides with the 10th anniversary of Ethereum's launch — a symbolic alignment with the project's core mission to build institutional-grade, yield-generating ETH infrastructure. The purchase was executed through The Ether Reserve LLC, a vehicle funded in part by a $97 million private placement. The company indicated that further ether acquisitions from that pool would be disclosed in subsequent updates. As part of the launch, Andrew Keys, co-founder and chairman of The Ether Machine, also confirmed a $100,000 personal donation to the Protocol Guild — a community-led funding mechanism for long-term Ethereum core developers and maintainers. The Ether Machine aims to establish one of the largest on-chain ETH treasuries of any publicly traded entity. Its model emphasizes active yield generation through staking, restaking and professionally managed DeFi participation. It also expects to offer Ethereum infrastructure services to DAOs, enterprises, and institutions seeking exposure to the network's base-layer economics. The company is in the process of finalizing its business combination with Dynamix Corporation (DYNX), a special purpose acquisition company listed on Nasdaq. Following the merger, the combined entity is expected to list under the name The Ether Machine Inc., with its ticker yet to be announced. Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data
Wall Street Journal
21-07-2025
- Business
- Wall Street Journal
Blank-Check Company Nears Cryptocurrency Deal
Blank-check company Dynamix is preparing to merge with another entity to create a new company known as the Ether Machine, according to people familiar with the matter. The combined company plans to hold over $1.5 billion in ether, the largest cryptocurrency behind bitcoin. It is a bet that investors will continue to reward businesses that pour money into crypto holdings under the industry-friendly Trump administration.
Associated Press
25-03-2025
- Automotive
- Associated Press
ACI Dynamix, Connecticut's One Stop Shop for All Things Supercars Dubbed the Best Auto Servicing Firm by Numerous Satisfied Customers
ACI Dynamix is a premier auto servicing company servicing the broad Connecticut region, offering a comprehensive suite of services including auto performance, dyno-tuning, vinyl wrapping, paint protection, window tinting, and more. United States, March 25, 2025 -- From regular check-ups to comprehensive maintenance; from oil changes to full-car repairs; from performance tuning to extensive vehicle customization, ACI Dynamix experts do it all. As the most versatile auto servicing firm in Connecticut, the company is widely hailed as the most reliable provider of auto repair, maintenance, and customization services in the region. Elevating the performance of both old-school and the newest models in the market helped ACI Dynamix soar to prominence. The company's experts share decades of combined experience and are actively pursuing new skills to stay ahead of the curve, servicing traditional, electric, and hybrid cars no matter how difficult or time-consuming the required tuning operation is. As the firm's spokesperson noted, ACI Dynamix engineers are the pillar that supports the leading Connecticut auto servicing firm, stating: 'Our expert technicians are what set us apart from other automotive facilities, making sure that your vehicle performs at optimum levels without all the worries. Drop it off with the pros, we know what to do,' said ACI Dynamix's spokesperson. Besides boasting the most talented and passionate auto technicians and engineers, ACI Dynamix also possesses some of the most advanced automotive technologies in the industry. 'Why be ordinary when you can be extraordinary?' reads the company's motto, embedded deep into its practices and policies. ACI Dynamix' prized AWD Mustang Dynamometer can accurately calibrate the speed and performance of even the wildest four-wheeled beasts, and to ensure that the process is consistently smooth, a team of trained experts is always on standby. From minor aesthetic tweaks to total do-overs, ACI Dynamix excels at transforming the flair of vehicles. By deploying advanced vinyl wrapping techniques, the company's professionals are not only beautifying cars but are also shielding paint from external scratches and dents. ACI Dynamix's famed 'ACI Wraps' services encompass a host of unique aesthetic solutions, including but not limited to colored wraps, chrome wraps, racing liveries, custom designs, interior paneling, and Xpel paint protection. When luxury vehicles and supercars are being serviced, ACI Dynamix offers its customers a broad spectrum of coating choices beyond the usual Xpel protection. Ceramic coating is among the most popular options, offering unparalleled adhesion while completely neutralizing environmental contaminants. ACI Dynamix professionals are harnessing the powers of Fusion Plus technology to create a robust bulwark that would shield the vehicle against hazardous ultraviolet rays, acids, and everything between harsh weather and scratches. The company also offers state-of-the-line radar laser protection films, enabling owners of supercars, racers, and all drivers with a passion for speed to safely and comfortably cruise along their favorite tracks and highways. ACI Dynamix's reputation as Connecticut's finest automotive shop steadily grew in tandem with its online presence. From hundreds and thousands to tens of thousands of vehicle owners, car enthusiasts, and people searching for the ultimate one-stop-shop solution for all their car repair, tune-up, and maintenance needs flocked under ACI Dynamix banner. On Facebook, ACI Dynamix boasts close to 7,000 followers and is updating the page with fresh news and photos almost daily. The brand became massive on YouTube in short time, with numerous clips showcasing the daily operations of the ACI shop going viral one by one. ACI Dynamix is among the biggest automotive businesses on Instagram, boasting over 34,300 followers. As popular as it is eclectic, the brand uploaded more than 3,300 posts of its Xpel PPF, Window tinting jobs, detailing works, vinyl wrapping, and upholstering gigs. Decades of experience, hard work, and commitment to excellence have secured ACI Dynamix the position as the leading automotive service company in Connecticut and beyond. With hundreds of satisfied customers and returning long-term customers, the firm sets its sights on new victories, perpetually seeking improvement and ensuring all of its clients' needs are met. More information about ACI Dynamix is available on the company's official website. Name: bryce atkas Email: Send Email Organization: ACI Dynamix
Yahoo
23-03-2025
- Business
- Yahoo
With 36% stake, Dynamix Corporation (NASDAQ:DYNX) seems to have captured institutional investors' interest
Given the large stake in the stock by institutions, Dynamix's stock price might be vulnerable to their trading decisions The top 6 shareholders own 51% of the company Insider ownership in Dynamix is 25% If you want to know who really controls Dynamix Corporation (NASDAQ:DYNX), then you'll have to look at the makeup of its share registry. We can see that institutions own the lion's share in the company with 36% ownership. In other words, the group stands to gain the most (or lose the most) from their investment into the company. Because institutional owners have a huge pool of resources and liquidity, their investing decisions tend to carry a great deal of weight, especially with individual investors. As a result, a sizeable amount of institutional money invested in a firm is generally viewed as a positive attribute. Let's take a closer look to see what the different types of shareholders can tell us about Dynamix. See our latest analysis for Dynamix Institutional investors commonly compare their own returns to the returns of a commonly followed index. So they generally do consider buying larger companies that are included in the relevant benchmark index. We can see that Dynamix does have institutional investors; and they hold a good portion of the company's stock. This can indicate that the company has a certain degree of credibility in the investment community. However, it is best to be wary of relying on the supposed validation that comes with institutional investors. They too, get it wrong sometimes. When multiple institutions own a stock, there's always a risk that they are in a 'crowded trade'. When such a trade goes wrong, multiple parties may compete to sell stock fast. This risk is higher in a company without a history of growth. You can see Dynamix's historic earnings and revenue below, but keep in mind there's always more to the story. It would appear that 11% of Dynamix shares are controlled by hedge funds. That catches my attention because hedge funds sometimes try to influence management, or bring about changes that will create near term value for shareholders. Looking at our data, we can see that the largest shareholder is the CEO Andrea Bernatova with 26% of shares outstanding. For context, the second largest shareholder holds about 6.3% of the shares outstanding, followed by an ownership of 5.3% by the third-largest shareholder. We also observed that the top 6 shareholders account for more than half of the share register, with a few smaller shareholders to balance the interests of the larger ones to a certain extent. While it makes sense to study institutional ownership data for a company, it also makes sense to study analyst sentiments to know which way the wind is blowing. We're not picking up on any analyst coverage of the stock at the moment, so the company is unlikely to be widely held. The definition of company insiders can be subjective and does vary between jurisdictions. Our data reflects individual insiders, capturing board members at the very least. Company management run the business, but the CEO will answer to the board, even if he or she is a member of it. I generally consider insider ownership to be a good thing. However, on some occasions it makes it more difficult for other shareholders to hold the board accountable for decisions. Our information suggests that insiders maintain a significant holding in Dynamix Corporation. It has a market capitalization of just US$219m, and insiders have US$55m worth of shares in their own names. This may suggest that the founders still own a lot of shares. You can click here to see if they have been buying or selling. The general public, who are usually individual investors, hold a 25% stake in Dynamix. While this group can't necessarily call the shots, it can certainly have a real influence on how the company is run. I find it very interesting to look at who exactly owns a company. But to truly gain insight, we need to consider other information, too. Take risks for example - Dynamix has 3 warning signs (and 2 which make us uncomfortable) we think you should know about. Of course this may not be the best stock to buy. Therefore, you may wish to see our free collection of interesting prospects boasting favorable financials. NB: Figures in this article are calculated using data from the last twelve months, which refer to the 12-month period ending on the last date of the month the financial statement is dated. This may not be consistent with full year annual report figures. Have feedback on this article? Concerned about the content? Get in touch with us directly. Alternatively, email editorial-team (at) article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
