Dynamix Co.’s (NASDAQ:DYNXU) Lock-Up Period Will End on May 20th

Dynamix’s (NASDAQ:DYNXU) lock-up period will end on Tuesday, May 20th. Dynamix had issued 15,000,000 shares in its public offering on November 21st. The total size of the offering was $150,000,000 based on an initial share price of $10.00. Shares of the company owned by company insiders and major shareholders will be eligible for trade following the expiration of the lock-up period.

Dynamix Price Performance

Dynamix stock opened at $10.22 on Friday. The company has a 50 day moving average price of $10.09. Dynamix has a 1-year low of $9.91 and a 1-year high of $10.60.

About Dynamix

We are a blank check company incorporated as a Cayman Islands exempted company and formed for the purpose of effecting a merger, amalgamation, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses, which we refer to throughout this prospectus as our initial business combination.