Periscope Capital Inc. Invests $5.19 Million in Dynamix Corp III $DNMX

Periscope Capital Inc. purchased a new position in shares of Dynamix Corp III (NASDAQ:DNMX) during the fourth quarter, HoldingsChannel.com reports. The institutional investor purchased 525,000 shares of the company’s stock, valued at approximately $5,192,000. Dynamix Corp III accounts for 0.6% of Periscope Capital Inc.’s investment portfolio, making the stock its 10th largest position.

Separately, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new position in shares of Dynamix Corp III during the 4th quarter worth $2,967,000.

Dynamix Corp III Stock Performance

NASDAQ:DNMX opened at $10.02 on Friday. Dynamix Corp III has a fifty-two week low of $9.87 and a fifty-two week high of $10.02. The firm has a market cap of $233.65 million and a PE ratio of -1,001.50. The stock’s fifty day moving average is $9.96.

Dynamix Corp III (NASDAQ:DNMX) last posted its quarterly earnings results on Friday, March 20th. The company reported $0.07 earnings per share for the quarter.

Dynamix Corp III Profile

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. We have not selected any business combination target and we have not, nor has anyone on our behalf, initiated any substantive discussions, directly or indirectly, with any business combination target.