Dynamix Corporation III (DNMXW) Warrant
Each DNMXW warrant gives the holder the right to buy 1 share of Dynamix Corporation III at $11.50 per share, for five years after the company completes its merger. The stock last closed at $10.08, below the strike, so the warrant is out of the money. Dynamix Corporation III has a market value of about $270.48M. Dynamix Corporation III is a SPAC (no deal announced yet). It must complete a deal by October 31, 2027 or the warrants expire worthless. There are 10.06M listed warrants; exercising all of them would add 37.5% to the 26.83M shares outstanding.
DNMX vs strike, last 12 months
No share-price history for DNMX yet.
Key terms
- Strike per share
- $11.50
- Shares per warrant
- 1
- Cash to exercise one warrant
- $11.50
- Expiry
- merger + 5 years
- Redemption trigger
- $18.00
- Cashless exercise
- allowed
- Break-even stock price
- $11.73
From the issuer's S-1/A (2025-09-22).
Company and stock
- Company
- Dynamix Corporation III
- Underlying stock
- DNMX
- Share price
- $10.08
- Market cap
- $270.48M
- Shares outstanding
- 26.83M
- Value of all listed warrants
- $2.31M (0.9% of market cap)
Market cap is the last share price times shares outstanding (as of 10-Q 2026-). All SEC filings for this company.
Model value vs price Pro
- Model value
- Last price
- $0.2300
- Price / model
Get Pro to see whether DNMXW is cheap or rich against our model.
Dilution
- Shares outstanding
- 26.83M
- Listed warrants
- 10.06M
- Dilution if all exercised
- 37.5%
Warrant count from filing iXBRL: PublicWarrantsMember.
SPAC deal
- Status
- no deal announced yet
- Target
- —
- Deal announced
- —
- Deadline
- 2027-10-31
- Latest possible deadline
- 2027-10-31
- Trust per share
- $10.22
- Sponsor
- DynamixCore Holdings III LLC
- Sponsor's earlier SPACs
- 1 (0 closed a deal)
- Chance of a deal
A SPAC warrant is worth nothing if no deal closes by the deadline.
Filings and events
Questions about DNMXW
When does the DNMXW warrant expire?
Five years after the SPAC completes its merger; if no merger closes by the deadline, the warrants expire worthless.
What is the strike price of DNMXW?
$11.50 per share; each warrant converts into 1 share, so exercising one warrant costs $11.50.
How many DNMXW warrants are outstanding?
10.06M listed warrants, equal to 37.5% dilution if all are exercised.