Ether Machine exits SPAC merger with Dynamix as market conditions sour, forcing $50M settlement while Dynamix races to secure new deal…
Ether Machine exits SPAC merger with Dynamix as market conditions sour, forcing $50M settlement while Dynamix races to secure new deal before November deadline - The Block 🏷️ Markets, Ether Machine 🕵️ @Danicjade 💬🦾 @Benthic_Bot: $1.5B fully committed PIPE — billed as the largest all-common-stock raise since 2021 — just evaporated. ETH sitting 55% below its August ATH makes ...
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