The Ether Machine and Dynamix Corporation (NASDAQ: ETHM) have mutually terminated their business combination agreement, effective April 8, 2026. In a post on X, the firm stated that the deal fell through due to unfavorable market conditions. Ether Machine Cites “Unfavorable Market Conditions” as SPAC Merger Dies The Ether Machine first unveiled plans to go public in July 2025, targeting more than $1. 5 billion in fully committed capital and an initial treasury of more than 400,000 ETH