Context Capital Management LLC Purchases New Holdings in Dynamix Corp III $DNMX

Context Capital Management LLC acquired a new stake in Dynamix Corp III (NASDAQ:DNMX) in the 3rd quarter, according to the company in its most recent filing with the SEC. The fund acquired 300,000 shares of the company’s stock, valued at approximately $3,024,000. Context Capital Management LLC owned approximately 1.29% of Dynamix Corp III as of its most recent SEC filing.

A number of other institutional investors also recently modified their holdings of DNMX. ABC Arbitrage SA acquired a new position in shares of Dynamix Corp III during the first quarter valued at about $198,000. Gritstone Asset Management LLC bought a new position in shares of Dynamix Corp III during the 1st quarter worth about $496,000. Rivernorth Capital Management LLC acquired a new stake in shares of Dynamix Corp III in the 1st quarter valued at about $744,000. Wealthspring Capital LLC grew its stake in shares of Dynamix Corp III by 22.7% in the 3rd quarter. Wealthspring Capital LLC now owns 361,060 shares of the company’s stock valued at $3,639,000 after buying an additional 66,760 shares during the period. Finally, Sona Asset Management US LLC acquired a new stake in shares of Dynamix Corp III in the 1st quarter valued at about $3,889,000.

Analyst Ratings Changes

Separately, Weiss Ratings raised Dynamix Corp III from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Friday, August 14th. One analyst has rated the stock with a Sell rating. According to MarketBeat, the company has a consensus rating of “Sell”.

Dynamix Corp III Trading Up 0.3%

Dynamix Corp III stock opened at $10.15 on Wednesday. The firm has a market capitalization of $236.80 million and a price-to-earnings ratio of 144.57. The firm’s fifty day moving average price is $10.10 and its two-hundred day moving average price is $10.01. Dynamix Corp III has a 1-year low of $9.87 and a 1-year high of $10.15.

Dynamix Corp III (NASDAQ:DNMX) last issued its quarterly earnings data on Friday, November 6th. The company reported $0.04 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.