Dynamix Corporation, a blank check company targeting the energy and power value chain, raised $150 million by offering 15 million units at $10 per unit. Each unit consists of one share of common stock and one-half of a warrant, exercisable at $11.50.
Dynamix is led by CEO and Chair Andrea Bernatova, who serves as a director of Salt Creek Midstream and Regenerate Technology Global, and previously served as CFO of resiliency microgrid company Enchanted Rock Energy and midstream water infrastructure company Goodnight Midstream. CFO Nader Daylami is a director at CarbonPath, and previously was an EVP at Bruin E&P Partners.
The SPAC plans to target the energy and power value chain, focusing on businesses in the energy transition, oil and gas, and power sectors that support the transition towards a low-carbon emitting future.
Management's previous SPAC, ESGEN Acquisition, completed its combination with residential solar provider Sunergy Renewables in March 2024, forming Zeo Energy (ZEO).
Dynamix states that it is a remote-first company, but also lists an address in Houston, TX, as its executive offices for compliance purposes. The company plans to list on the Nasdaq under the symbol DYNXU. Cohen & Company Securities and Seaport Global acted as joint bookrunners on the deal.
