- Dynamix Corporation (SPAC) is engaged in a business combination with The Ether Machine, Inc. (Pubco) and The Ether Reserve LLC (Company), formalized by a Business Combination Agreement (BCA) entered on **July 21, 2025**.  **[2028699_0001213900-25-082962_ea025543101ex10-1_dynamix.htm:0]** **[2028699_0001213900-25-082962_ea025543101ex99-1_dynamix.htm:10]** **[2028699_0001213900-25-082962_ea025543101ex10-1_dynamix.htm:43]** 
- The transaction involves a merger where Dynamix will merge into a subsidiary of Pubco, and a Company Merger will result in Pubco becoming a publicly traded company.  **[2028699_0001213900-25-082962_ea025543101ex10-1_dynamix.htm:0]** 
- Subscribers are purchasing Class A Units in The Ether Reserve LLC at **$10.25 per Company Unit**, with payment made by contribution of Ether.  **[2028699_0001213900-25-082962_ea025543101ex10-1_dynamix.htm:0]** 
- The company highlights the risk that **Ether is a volatile asset**, and Pubco's stock price is expected to be highly correlated to Ether's price.  **[2028699_0001213900-25-082962_ea025543101ex99-2_dynamix.htm:4]** **[2028699_0001213900-25-082962_ea0255431-8k425_dynamix.htm:9]** **[2028699_0001213900-25-082962_ea025543101ex10-1_dynamix.htm:21]** 
- Certain significant transactions, such as acquisitions or dispositions exceeding **$250,000,000** or new indebtedness resulting in a Debt-to-Asset Ratio over **30%**, require specific approvals.  **[2028699_0001213900-25-082962_ea0255431-8k425_dynamix.htm:5]** **[2028699_0001213900-25-082962_ea025543101ex99-1_dynamix.htm:6]**

Dynamix Corporation Details Business Combination and Subscription Agreement

- Dynamix Corporation (NASDAQ: DYNX) announced a change in its common stock ticker symbol to **ETHM**, effective at the opening of trading on **Wednesday, August 27, 2025**.  **[2028699_0001213900-25-080531_ea025459401ex99-1_dynamix.htm:0]** **[2028699_0001213900-25-080531_ea0254594-8k425_dynamix.htm:1]** 
- This change reflects the previously announced business combination agreement between Dynamix and The Ether Reserve, LLC, which will form **The Ether Machine**.  **[2028699_0001213900-25-080531_ea025459401ex99-1_dynamix.htm:0]** **[2028699_0001213900-25-080531_ea0254594-8k425_dynamix.htm:1]** 
- The Ether Machine is described as a strategic ether generation company aiming to deliver long-term, risk-adjusted yield through staking, restaking, and decentralized finance.  **[2028699_0001213900-25-080531_ea025459401ex99-1_dynamix.htm:0]** 
- The business combination is expected to close by the **fourth quarter of 2025**, pending shareholder approval and other customary closing conditions.  **[2028699_0001213900-25-080531_ea025459401ex99-1_dynamix.htm:0]** **[2028699_0001213900-25-080531_ea0254594-8k425_dynamix.htm:1]**

Company not found (DYNX)