SPAC Dynamix IV files for a $175 million IPO, targeting energy and power
IPO Overview
Dynamix IV, a blank check company targeting the energy and power value chain, filed on Tuesday with the SEC to raise up to $175 million in an initial public offering.
The company plans to raise $175 million by offering 17.5 million units at $10. Each unit consists of one share of common stock and one-third of a warrant, exercisable at $11.50.
Dynamix IV is led by CEO and Chairman Andrea Bernatova, who previously served as CFO of resiliency microgrid company Enchanted Rock Energy and midstream water infrastructure company Goodnight Midstream. She is joined by CFO Nader Daylami, who co-founded oil and gas operator Bruin, which was eventually sold to Enerplus in 2021. The SPAC plans to target companies operating in the energy and power value chain, including E&P firms, midstream and logistic firms, and oilfield services providers.
Management’s previous SPACs include Dynamix III （DNMXU; +1% from $10 offer price）， which priced last October; Dynamix （ETHM; +4%）， which has a pending merger agreement with Ethereum treasury The Ether Machine, and ESGEN Acquisition, which completed its combination with residential solar provider Sunergy Renewables in 2024 to form Zeo Energy （ZEO; -91%）。
The Houston, TX-based company was founded in 2025 and plans to list on the Nasdaq under the symbol DNMXU. Cohen & Company Securities is the sole bookrunner on the deal.
About the Company
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. Global economic growth, population expansion, accelerating digitalization, and the widespread adoption of artificial intelligence （“AI”） are driving an unprecedented surge in global energy demand. We believe that meeting this demand—while advancing carbon mitigation strategies—will require a diversified and pragmatic approach that includes both traditional and transitional energy solutions. Our investment strategy targets businesses across the energy, power, and digital infrastructure value chains that enable efficient, scalable, and low-impact energy production, transportation, and consumption. We are focused on companies operating in the energy, power, and digital infrastructure sectors, including technologies and services that reduce greenhouse gas （“GHG”） emissions while supporting continued growth in global energy usage.