Dynamix Corporation Announces New Ticker Symbol 'ETHM' for Energy Transition and Oil and Gas Focused Blank Check Company

Dynamix Corporation, a blank check company, has announced a new ticker symbol "ETHM". The company is focused on the energy transition, oil and gas, and power sectors, as well as upstream exploration and production, midstream, and oilfield services. The new ticker symbol is expected to be used for the company's initial public offering.

Dynamix Corporation (NASDAQ: DYNX), a publicly-traded special purpose acquisition company (SPAC) focusing on energy transition, oil and gas, and power sectors, has announced a significant change in its ticker symbol. Effective August 27, 2025, the company will transition from "DYNX" to "ETHM" [1]. This change is part of a strategic business combination with The Ether Reserve, LLC, aimed at forming The Ether Machine, a company focused on delivering long-term yield through staking, restaking, and decentralized finance (DeFi).

The new ticker symbol "ETHM" reflects Dynamix's transformation into The Ether Machine, a strategic ether generation company. The business combination, which has received unanimous approval from both boards, is expected to close in the fourth quarter of 2025, subject to shareholder approval and other conditions [1].

The Ether Machine will focus on generating yield for shareholders while also supporting Ethereum's infrastructure through validator nodes. This dual focus positions The Ether Machine as both a financial instrument and an infrastructure contributor in the blockchain space. The company aims to create an institutional-grade investment vehicle specifically for Ethereum, with a clear mandate to increase ether concentration per share [1].

The change in ticker symbol is an exciting step in Dynamix's formation as a public vehicle for institutional-grade exposure to Ethereum. The new ticker symbol "ETHM" will help ensure a smooth transition for shareholders ahead of the planned business combination [1].

Dynamix and The Ether Machine intend to file with the Securities and Exchange Commission (SEC) a Registration Statement on Form S-4, which will include a preliminary proxy statement and a prospectus. These documents will provide shareholders with important information about the proposed business combination and other transactions [1].

References:

[1] https://www.stocktitan.net/news/DYNX/dynamix-announces-new-ticker-symbol-ethm-to-reflect-planned-business-asaa3ii1j2ol.html