Dynamix Corp. [ETHMW]
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Dynamix Corp. warrants are derivative securities that give holders the right, but not the obligation, to purchase common stock at a predetermined exercise price before a specified expiration date. Warrants typically have longer terms than standard options and are often issued alongside equity in SPAC mergers or other corporate transactions. The value of warrants depends on the relationship between the exercise price and the current stock price, as well as time remaining until expiration. Warrants can provide leveraged exposure to the underlying equity but may expire worthless if not exercised profitably.