Dynamix Corporation III filed its Form 10-Q for the quarter ended September 30, 2026 with the U.S. Securities and Exchange Commission on November 6, 2026, reporting financial results for its first full operating quarters since completing its initial public offering.

Key Highlights

  • Net income of $1,203,686 for the three months ended September 30, 2026, compared to a net loss of $47,771 in the same period in 2025, according to the filing.
  • Investments held in Trust Account totaled $207,363,828 as of September 30, 2026, up from $202,473,195 at December 31, 2025.
  • Class A ordinary shares subject to possible redemption stood at 20,125,000 shares at a redemption value of $10.30 per share as of September 30, 2026.
  • Dividends earned on Trust Account investments were $1,855,539 for the three months ended September 30, 2026, and $5,429,357 for the nine months ended September 30, 2026.
  • Total shareholders' deficit widened to $(8,227,928) as of September 30, 2026, from $(6,828,833) at December 31, 2025.
  • Share count as of November 6, 2026: 20,125,000 Class A ordinary shares and 6,708,333 Class B ordinary shares issued and outstanding.

Dynamix Corporation III Financial Position and Operating Activity Through September 2026

Dynamix Corporation III (NASDAQ:DNMX), a blank check company incorporated in the Cayman Islands and headquartered in Houston, Texas, disclosed its unaudited condensed financial statements for the quarter ended September 30, 2026. The company is structured as a special purpose acquisition company, with substantially all of its assets held in a Trust Account pending the identification and completion of a business combination. As of September 30, 2026, the company reported total assets of $208,141,884, the vast majority of which consisted of investments held in the Trust Account.

According to the filing, general and administrative expenses for the three months ended September 30, 2026 were $658,376, resulting in a loss from operations of $658,376 for the period. However, other income, primarily from dividends earned on the Trust Account investments of $1,855,539 and interest earned on the cash account of $6,523, produced net income of $1,203,686 for the quarter. For the nine months ended September 30, 2026, net income totaled $3,491,538, driven by $5,429,357 in Trust Account dividends and $25,249 in interest income, partially offset by $1,963,068 in general and administrative expenses.

The filing also noted that cash and cash equivalents decreased to $692,013 as of September 30, 2026, from $1,332,627 at December 31, 2025. Accounts payable and accrued expenses rose to $690,984 from $135,246, and the amount due to a related party increased to $190,000 from $40,000 over the same period. A deferred underwriting fee of $8,050,000 remained on the balance sheet. The company's Class A ordinary shares are listed on The Nasdaq Stock Market LLC under the symbol DNMX, with units and redeemable warrants trading under DNMXU and DNMXW, respectively.

What Was Disclosed

Dynamix Corporation III disclosed its unaudited quarterly financial results for the period ended September 30, 2026, including Trust Account balances, redemption value per share, net income driven by investment dividends, and changes in its shareholders' deficit position since December 31, 2025.