Dynamix to change ticker symbol amid planned business combination

Dynamix (DYNX) will change its ticker symbol of common stock on the NASDAQ exchange from “DYNX” to “ETHM”. In addition, the ticker symbol for its units will change from “DYNXU” to “ETHMU” and the ticker symbol for its warrants will change from “DYNXW” to “ETHMW.” The ticker symbol changes will take place at the opening of trading on Wednesday, August 27, 2025. The change reflects the previously announced business combination agreement between Dynamix and The Ether Reserve, to form The Ether Machine (ETHM), a strategic ether generation company that will aim to deliver long-term, risk-adjusted yield through staking, restaking, and decentralized finance. The Ether Machine’s operating mandate is clear: to steadily grow ether concentration per share, with its onchain treasury and validator network reinforcing Ethereum’s core infrastructure. The boards of directors of both The Ether Machine and Dynamix have unanimously approved the proposed business combination, which is expected to close by the fourth quarter of 2025, subject to shareholder approval and other customary closing conditions. Upon the closing of the business combination, the combined entity is expected to continue to trade on NASDAQ under Dynamix’s new ticker symbol “ETHM”.