Dynamix Corp. Files 8-K for Material Agreement

TL;DR

Dynamix Corp. filed an 8-K on Feb 4, 2025, for a material definitive agreement. Watch for details.

AI Summary

Dynamix Corp. entered into a material definitive agreement on February 4, 2025. The filing is a current report (8-K) and includes financial statements and exhibits. The company is incorporated in the Cayman Islands and its fiscal year ends on December 31st.

Why It Matters

This filing indicates a significant event for Dynamix Corp., potentially impacting its business operations, financial standing, or strategic direction.

Risk Assessment

Risk Level: medium — Material definitive agreements can introduce new risks or opportunities that are not yet fully understood.

Key Numbers

• 001-42414 — SEC File Number (Identifies the company's filing history with the SEC.)
• 25599446 — Film Number (Internal SEC processing number for the filing.)

Key Players & Entities

• Dynamix Corp. (company) — Registrant
• February 4, 2025 (date) — Date of earliest event reported
• February 7, 2025 (date) — Filing date
• Cayman Islands (location) — Jurisdiction of incorporation

FAQ

Key Financial Figures

• $0.0001 — LC Class A ordinary shares, par value $0.0001 per share DYNX The Nasdaq Stock Mar
• $11.50 — ordinary share, at an exercise price of $11.50 per share DYNXW The Nasdaq Stock Ma

Filing Documents

• ea0230279-8k_dynamix.htm (8-K) — 33KB
• ea023027901ex10-1_dynamix.htm (EX-10.1) — 51KB
• 0001213900-25-011067.txt ( ) — 324KB
• dynxw-20250204.xsd (EX-101.SCH) — 4KB
• dynxw-20250204_def.xml (EX-101.DEF) — 27KB
• dynxw-20250204_lab.xml (EX-101.LAB) — 37KB
• dynxw-20250204_pre.xml (EX-101.PRE) — 25KB
• ea0230279-8k_dynamix_htm.xml (XML) — 8KB

01. Entry into a Material Definitive Agreement

Item 1.01. Entry into a Material Definitive Agreement. On February 4, 2025, Dynamix Corporation (the "Company") entered into an advisory services agreement (the "Advisory Services Agreement") with Volta Tread, LLC (the "Service Provider"), which is owned and controlled by Andrea Bernatova and Nader Daylami, the Company's chief executive officer and chief financial officer, respectively. Pursuant to the Advisory Services Agreement, the Service Provider will provide management, consulting and other advisory services to the Company in connection with its initial business combination. In consideration for these services, the Company will pay to the Service Provider an annual fee, payable on a monthly basis, in an amount not exceeding 10% of the interest earned on the funds held in the Company's trust account until the consummation of a business combination of the Company. The Company will also reimburse the Service Provider and any of its affiliates for such reasonable, documented out-of-pocket costs and expenses incurred in favor of third parties in connection with the services rendered under the Advisory Services Agreement and the negotiation and consummation of the business combination. The Advisory Services Agreement shall remain in effect until the parties mutually agree in writing to its termination or upon the consummation of the business combination. The foregoing description of the Advisory Services Agreement does not purport to be complete and is qualified in its entirety by the terms and conditions of the Advisory Services Agreement, which is attached hereto as Exhibit 10.1 and is incorporated herein by reference. 1 Item9.01 Financial Statements and Exhibits. (d) Exhibits The following exhibits are being filed herewith: Exhibit No. Description 10.1 Advisory Services Agreement, dated as of February 4, 2025, by and between Dynamix Corporation and Volta Tread LLC. 104 The cover page from this Current Report on Form 8-K, formatted in Inline XB

View Full Filing

View this 8-K filing on SEC EDGAR