Form 8-K

8-K — Dynamix Corp

Accession: 0001213900-26-042469

Filed: 2026-04-10

Period: 2026-04-08

CIK: 0002028699

SIC: 6770 (BLANK CHECKS)

Item: Entry into a Material Definitive Agreement

Item: Termination of a Material Definitive Agreement

Item: Financial Statements and Exhibits

Documents

8-K — ea0285701-8k_dynamix.htm (Primary)

EX-10.1 — TERMINATION AGREEMENT, DATED AS OF APRIL 8, 2026 (ea028570101ex10-1.htm)

XML — IDEA: XBRL DOCUMENT (R1.htm)

8-K — CURRENT REPORT

8-K (Primary)

Filename: ea0285701-8k_dynamix.htm · Sequence: 1

false

0002028699

2026-04-08

0002028699

ETHM:UnitsEachConsistingOfOneClassOrdinaryShareAndOnehalfOfOneRedeemableWarrantMember

2026-04-08

0002028699

ETHM:ClassOrdinarySharesParValue0.0001PerShareMember

2026-04-08

0002028699

ETHM:RedeemableWarrantsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember

2026-04-08

iso4217:USD

xbrli:shares

iso4217:USD

xbrli:shares

UNITED STATES

SECURITIES AND EXCHANGE COMMISSION

Washington, D.C. 20549

FORM 8-K

CURRENT REPORT

PURSUANT TO SECTION 13 OR 15(d)

OF THE SECURITIES EXCHANGE ACT OF 1934

Date of Report (Date of earliest event reported):

April 8, 2026

Dynamix Corporation

(Exact name of registrant as specified in its

charter)

Cayman Islands

001-42414

00-0000000

(State or other jurisdiction

of incorporation)

(Commission File Number)

(IRS Employer

Identification Number)

1980 Post Oak Blvd., Suite 100

PMB 6373

Houston, TX, 77056

(Address of principal executive offices, including

zip code)

Registrant’s telephone number, including

area code: (646) 792 5600

Not Applicable

(Former name or former address, if changed since

last report)

Check the appropriate box below if the Form 8-K

filing is intended to simultaneously satisfy the filing obligation of the registrant under any of the following provisions:

☐

Written communications pursuant to Rule 425 under the Securities Act (17 CFR 230.425)

☐

Soliciting material pursuant to Rule 14a-12 under the Exchange Act (17 CFR 240.14a-12)

☐

Pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act (17 CFR 240.14d-2(b))

☐

Pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act (17 CFR 240.13e-4(c))

Securities registered pursuant to Section 12(b) of the Act:

Title of each class

Trading Symbol(s)

Name of each exchange on which

each class is registered

Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant

ETHMU

The Nasdaq Stock Market LLC

Class A ordinary shares, par value $0.0001 per share

ETHM

The Nasdaq Stock Market LLC

Redeemable warrants, each whole warrant exercisable for one Class A ordinary share, at an exercise price of $11.50 per share

ETHMW

The Nasdaq Stock Market LLC

Indicate by check mark whether the registrant

is an emerging growth company as defined in Rule 405 of the Securities Act of 1933 (§230.405 of this chapter) or Rule 12b-2 of the

Securities Exchange Act of 1934 (§240.12b-2 of this chapter).

Emerging growth company ☒

If an emerging growth company, indicate by check

mark if the registrant has elected not to use the extended transition period for complying with any new or revised financial accounting

standards provided pursuant to Section 13(a) of the Exchange Act. ☐

Item 1.01. Entry into a Material Definitive Agreement.

On April 8, 2026 (the

“Effective Date”), Dynamix Corporation, a Cayman Islands exempted company (“Dynamix”), The Ether Machine, Inc.,

a Delaware corporation (“Pubco”), ETH SPAC Merger Sub Ltd., a Cayman Islands exempted company (“SPAC Merger Sub”),

The Ether Reserve LLC, a Delaware limited liability company (the “Company”), Ethos Sub 1, Inc., a Delaware corporation and

a wholly owned subsidiary of SPAC (“SPAC Subsidiary A”), Ethos Sub 2, Inc., a Delaware corporation and a wholly owned subsidiary

of SPAC Subsidiary A (“SPAC Subsidiary B”), Ethos Sub 3, Inc., a Delaware corporation and a wholly owned subsidiary of SPAC

Subsidiary B (“Company Merger Sub” and, together with SPAC Subsidiary A and SPAC Subsidiary B, the “SPAC Subsidiaries”

and each, a “SPAC Subsidiary”), ETH Partners LLC, a Delaware limited liability company (the “Seller”), DynamixCore

Holdings, LLC, a Delaware limited liability company (the “Sponsor”), and the party named on Annex A thereto (the “Payor”),

entered into a Termination Agreement (the “Termination Agreement”), pursuant to which the parties agreed to mutually terminate

(i) the Business Combination Agreement, dated as of July 21, 2025, by and among Dynamix, Pubco, SPAC Merger Sub, the Company, the SPAC

Subsidiaries and the Seller (the “Business Combination Agreement”) pursuant to Section 10.1(a) thereof (other than certain

customary limited provisions that survive the termination pursuant to the terms of the Business Combination Agreement), and (ii) the Sponsor

Support Agreement, dated as of July 21, 2025, by and among the Sponsor, Dynamix and Pubco (the “Sponsor Support Agreement”),

in each case pursuant to the terms of the Termination Agreement.

By virtue of the termination

of the Business Combination Agreement, the ETHM Subscription Agreements and the Contribution Agreement (each as defined in the Business

Combination Agreement) terminated in accordance with their terms.

Pursuant to the Termination

Agreement, the Payor is required to pay Dynamix $50,000,000 within 15 days of the Effective Date.

The Termination Agreement

contains mutual releases by all parties, for all claims known and unknown, relating and arising out of, or relating to, among other things,

the Business Combination Agreement. The Termination Agreement also contains a covenant not to sue, a mutual non-disparagement agreement,

and other customary terms.

The Termination Agreement

further provides that the Payor will indemnify Dynamix, the Sponsor and their affiliates and the Berns Parties (as defined in the Termination

Agreement) for certain losses arising out of or caused by or based upon certain actions brought by any ETHM Investor (as defined in the

Business Combination Agreement) other than an ETHM Investor that is a SPAC Releasing Party (as defined in the Termination Agreement) and

that Dynamix will indemnify Pubco, the Company, the Seller, the Payor and their affiliates and the Berns Parties for certain losses arising

out of or caused by or based upon certain actions brought by any Dynamix shareholder, in their capacity as a shareholder, who is not an

ETHM Investor.

The foregoing description

of the Termination Agreement does not purport to be complete and is qualified in its entirety by reference to the text of the Termination

Agreement, a copy of which is filed herewith and incorporated by reference herein and made a part hereof.

Dynamix’s amended

and restated memorandum and articles of association provide that it has until November 22, 2026 to complete its initial business combination.

As disclosed in the final prospectus relating to Dynamix’s initial public offering, filed on November 21, 2024 and subsequent filings

with the Securities and Exchange Commission, if Dynamix has not completed its initial business combination within such time period, it

will (i) cease all operations except for the purpose of winding up, (ii) as promptly as reasonably possible but not more than ten business

days thereafter (and subject to lawfully available funds therefor), redeem the public shares, at a per-share price, payable in cash, equal

to the aggregate amount then on deposit in the trust account, including interest earned on the funds held in the trust account (which

interest shall be net of taxes payable and up to $100,000 of interest to pay dissolution expenses) and not previously released to it pursuant

to permitted withdrawals, divided by the number of then-outstanding public shares, which redemption will completely extinguish public

shareholders’ rights as shareholders (including the right to receive further liquidating distributions, if any), subject to applicable

law, and (iii) as promptly as reasonably possible following such redemption, subject to the approval of its remaining shareholders and

its board of directors, liquidate and dissolve, subject in each case to its obligations under Cayman Islands law to provide for claims

of creditors and the requirements of other applicable law. The Sponsor and Dynamix’s officers and directors have entered into a

letter agreement with Dynamix, pursuant to which they have waived their rights to liquidating distributions from the trust account with

respect to any founder shares held by them if Dynamix fails to complete its initial business combination within the completion window,

although they will be entitled to liquidating distributions from assets outside the trust account, which would include any portion of

the payments received pursuant to the Termination Agreement that have not been used to pay Dynamix’s expenses.

Item 1.02. Termination of a Material Definitive Agreement.

The information contained

in Item 1.01 of this Current Report on Form 8-K with respect to the termination of the Business Combination Agreement, the Sponsor Support

Agreement, and the ETHM Subscription Agreements is incorporated by reference herein and made a part hereof.

Item 9.01. Financial Statements and Exhibits.

(d) Exhibits

The following exhibits are

being filed herewith:

Exhibit No.

Description

10.1+

Termination Agreement, dated as of April 8, 2026.

104

Cover Page Interactive Data File (embedded within the Inline XBRL document)

Certain schedules, exhibits and similar attachments have been omitted pursuant to Item 601(a)(5) of Regulation S-K. Dynamix will provide a copy of such omitted materials to the Securities and Exchange Commission or its staff upon request.

Forward-Looking Statements

This report includes

“forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation

Reform Act of 1995. You should not rely on these forward-looking statements as predictions of future events. These forward-looking statements

involve significant risks and uncertainties that could cause the actual results to differ materially from the expected results, including

the risks and uncertainties described in the “Risk Factors” section of the final prospectus of Dynamix dated as of November

20, 2024 and filed by Dynamix with the SEC on November 21, 2024 and Dynamix’s Annual Report on Form 10-K filed with the SEC on

March 6, 2026. Most of these factors are outside Dynamix’s control and are difficult to predict. Readers are cautioned not to place

undue reliance upon any forward-looking statements, which speak only as of the date made. Dynamix does not undertake or accept any obligation

or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations

or any change in events, conditions or circumstances on which any such statement is based.

SIGNATURE

Pursuant to the requirements

of the Securities Exchange Act of 1934, the registrant has duly caused this report to be signed on its behalf by the undersigned hereunto

duly authorized.

DYNAMIX CORPORATION

Date: April 10, 2026

By:

/s/ Andrea Bernatova

Name:

Andrea Bernatova

Title:

Chief Executive Officer

EX-10.1 — TERMINATION AGREEMENT, DATED AS OF APRIL 8, 2026

EX-10.1

Filename: ea028570101ex10-1.htm · Sequence: 2

Exhibit 10.1

TERMINATION AGREEMENT

This TERMINATION AGREEMENT

(the “Agreement”), dated as of April 8, 2026 (the “Effective Date”), is entered into

by and among (a) Dynamix Corporation, a Cayman Islands exempted company (“SPAC”), (b) The Ether Machine,

Inc., a Delaware corporation (“Pubco”), (c) ETH SPAC Merger Sub Ltd., a Cayman Islands exempted company

(“SPAC Merger Sub”), (d) The Ether Reserve LLC, a Delaware limited liability company (the “Company”),

(e) Ethos Sub 1, Inc., a Delaware corporation and a wholly owned subsidiary of SPAC (“SPAC Subsidiary A”),

(f) Ethos Sub 2, Inc., a Delaware corporation and a wholly owned subsidiary of SPAC Subsidiary A (“SPAC Subsidiary B”),

(g) Ethos Sub 3, Inc., a Delaware corporation and a wholly owned subsidiary of SPAC Subsidiary B (“Company Merger Sub,”

and together with SPAC Subsidiary A and SPAC Subsidiary B, the “SPAC Subsidiaries”), (h) ETH Partners LLC,

a Delaware limited liability company (the “Seller”), (i) DynamixCore Holdings, LLC, a Delaware limited liability

company (the “Sponsor”), and (j) the party named on Annex A hereto (the “Payor”)

(collectively, the “Parties”).

RECITALS

WHEREAS, on July 21,

2025, SPAC, Pubco, SPAC Merger Sub, the Company, the SPAC Subsidiaries and the Seller entered into a Business Combination Agreement (the

“Business Combination Agreement”); and

WHEREAS, the Parties desire

to terminate the Business Combination Agreement pursuant to Section 10.1(a) thereof and set forth certain arrangements in connection

therewith.

STATEMENT OF AGREEMENT

NOW, THEREFORE, in consideration

of the foregoing premises and the respective representations, warranties, covenants and agreements contained herein, and intending to

be legally bound, the Parties hereto hereby agree as follows:

Article I

DEFINITIONS

Section 1.1.

Definitions. Unless otherwise specifically defined herein, each capitalized term used but not defined herein shall have

the meaning assigned to such term in the Business Combination Agreement.

Article II

TERMINATION

Section 2.1.

Termination of Business Combination Agreement. On the Effective Date, without any further action of the parties thereto,

the Business Combination Agreement and Sponsor Support Agreement are terminated in their entirety, are null and void and there shall be

no liability or obligation on the part of any Party under the Sponsor Support Agreement or the Business Combination Agreement, except

that in accordance with its terms, Sections 8.13 (Public Announcements), 8.14 (Confidential Information), 10.2 (Effect

of Termination), 11.1 (Waiver of Claims Against Trust) and Article XII (Miscellaneous) of the Business Combination

Agreement shall survive any termination of the Business Combination Agreement and remain in full force and effect. The Parties hereto

acknowledge that, by virtue of the termination of the Business Combination Agreement, the ETHM Subscription Agreements shall terminate

in accordance with their terms.

Section 2.2.

Payment.

(a)

As full and complete compromise of all Released Claims (as defined below), within 15 days of the Effective Date, the Payor shall

pay or cause to be paid to SPAC FIFTY MILLION DOLLARS EXACTLY (US$50,000,000.00) (the “Payment”) by wire transfer

of immediately available funds to the account set forth in Annex B. All payments due under this Agreement shall be paid

in full, without deduction of taxes or other fees which may be imposed by any government or other entity. The Parties expressly acknowledge

and agree that the Payment (i) is the result of good-faith negotiations conducted by and between the Parties; (ii) constitutes

fair and reasonable consideration, and represents the sole consideration, for the mutual termination of the Business Combination Agreement

and the relinquishment of all rights arising thereunder or in connection therewith (except as expressly set forth in Section 2.1

hereof); and (iii) is not intended to constitute, and shall not be characterized as damages, a penalty or compensation for costs

or expenses incurred in connection with the transactions contemplated by the Business Combination Agreement. Nothing in this Agreement

is intended to characterize the tax treatment of the Payment, which shall be determined in accordance with applicable law.

(b)

The Parties acknowledge and agree that they are solely responsible for paying any attorneys’ fees and costs they incurred

and that neither Party nor its attorney(s) will seek any award of attorneys’ fees or costs from the other Party.

(c)

SPAC shall be solely responsible for, and is legally bound to make payment of, any taxes determined to be due and owing (including

penalties and interest related thereto) by it to any federal, state, local, or regional taxing authority as a result of the Payment. Each

Party understands that the other Parties have not made, and it does not rely upon, any representations regarding the tax treatment of

the sums paid pursuant to this Agreement. SPAC agrees to indemnify and hold the Payor harmless in the event that any governmental taxing

authority asserts against the Payor any claim for unpaid taxes of SPAC, failure to withhold taxes, or penalties or interest due by SPAC

based upon the payment of the Payment. The Payor agrees to indemnify and hold SPAC harmless in the event that any governmental taxing

authority asserts against SPAC any claim for unpaid taxes of the Payor, failure to withhold taxes, or penalties or interest due by the

Payor based upon the payment of the Payment.

Article III

RELEASES AND COVENANT NOT TO SUE

Section 3.1.

SPAC Party Release. On the Effective Date, the SPAC, the SPAC Subsidiaries, and Sponsor, for themselves and their respective

officers, directors, partners, members (which, for the avoidance of doubt shall not include SPAC shareholders in their capacity as such),

managers, employees, predecessor entities, successors and assigns, parents, subsidiaries, and Affiliates (“SPAC Releasing

Parties”), hereby fully release and discharge the Persons set forth on Annex C hereto (collectively, the “Payor

Related Parties”), Jeffrey K. Berns and JBerns inv EM1, LLC (together with Jeffrey K. Berns, the “Berns Parties”),

and each of their respective parents, subsidiaries and Affiliates and their respective officers, directors, managing directors, partners,

members, managers, predecessor entities, successors and assigns, parents, subsidiaries, Affiliates, stockholders, employees, attorneys

and other advisors and agents (collectively, “SPAC Released Persons”) from any and all claims, actions, causes

of action, demands and charges of whatever nature, known or unknown, arising out of, in connection with or relating to any of the Business

Combination Agreement or the transactions contemplated thereby, including the dissolution of the Company, and including any acts, omissions,

disclosure or communications related to the Business Combination Agreement or the transactions contemplated thereby (the “SPAC

Released Claims”); provided that, for the avoidance of doubt, nothing contained herein shall be deemed

to release any party hereto from its obligations under this Agreement or the provisions of the Business Combination Agreement expressly

deemed to survive under this Agreement; provided, further, that nothing herein shall prohibit any SPAC Releasing Party who executed

a Company Unit Subscription Agreement from receiving (or enforcing its rights to receive) a distribution from the Company in connection

with the liquidation of the Company in accordance with the terms of the First A&R Company LLCA.

Section 3.2. Ether

Machine Party Release. On the Effective Date, the Payor, the Seller, Pubco, the Company and SPAC Merger Sub, for themselves, the

Payor Related Parties and their respective officers, directors, partners, managers, employees, members, predecessor entities,

successors and assigns, parents, subsidiaries, and Affiliates (“Ether Machine Releasing Parties”), hereby

fully release and discharge the SPAC Releasing Parties, the Berns Parties, and each of their respective parents, subsidiaries and

Affiliates and their respective officers, directors, managing directors, partners, members, managers, predecessor entities,

successors and assigns, parents, subsidiaries, Affiliates, stockholders, employees, attorneys and other advisors and agents

(collectively, “Ether Machine Released Persons” and, together with the SPAC Released Persons, the

“Released Persons”) from any and all claims, actions, causes of action, demands and charges of whatever

nature, known or unknown, arising out of, in connection with or relating to any of the Business Combination Agreement or the

transactions contemplated thereby, including the dissolution of the Company, and including any acts, omissions, disclosure or

communications related to the Business Combination Agreement or the transactions contemplated thereby (the “Ether

Machine Released Claims”); provided that, for the avoidance of doubt, nothing contained herein shall

be deemed to release any party hereto from its obligations under this Agreement or the provisions of the Business Combination

Agreement expressly deemed to survive under this Agreement.

Section 3.3.

Scope of Release and Discharge. The Parties acknowledge and agree that they may be unaware of or may discover facts in addition

to or different from those which they now know or believe to be true related to or concerning the SPAC Released Claims and Ether Machine

Released Claims (collectively, the “Released Claims”). The Parties know that such presently unknown or unappreciated

facts could materially affect the claims or defenses of a Party or Parties. It is nonetheless the intent of the Parties to give a full

and complete release and discharge of the Released Claims. To that end, with respect to the Released Claims only, the Parties expressly

waive and relinquish any and all provisions, rights and benefits conferred by any law of the United States or of any state or territory

of the United States or of any other relevant jurisdiction, or principle of common law, which is similar, comparable or equivalent to

§ 1542 of the California Civil Code. With respect to the Released Claims only, the Parties expressly waive and relinquish, to

the fullest extent permitted by law, the provisions, rights, and benefits of § 1542 of the California Civil Code, which provides:

A GENERAL RELEASE DOES NOT EXTEND TO CLAIMS

THAT THE CREDITOR OR RELEASING PARTY DOES NOT KNOW OR SUSPECT TO EXIST IN HIS OR HER FAVOR AT THE TIME OF EXECUTING THE RELEASE AND THAT,

IF KNOWN BY HIM OR HER, WOULD HAVE MATERIALLY AFFECTED HIS OR HER SETTLEMENT WITH THE DEBTOR OR RELEASED PARTY.

Section 3.4.

Covenant Not to Sue. Each of the Parties hereto covenants, on behalf of itself; in the case of the SPAC, the SPAC Subsidiaries

and the Sponsor, on behalf of the SPAC Releasing Parties; in the case of the Payor, the Seller, Pubco, SPAC Merger Sub and the Company

on behalf of the Ether Machine Releasing Parties, not to bring any Released Claim before any court, arbitrator, or other tribunal in any

jurisdiction, whether as a claim, a cross-claim, counterclaim or otherwise. Any Released Person may plead this Agreement as a complete

bar to any Released Claim brought in derogation of this covenant not to sue.

Section 3.5.

Accord and Satisfaction. This Agreement and the releases reflected herein shall be effective as a full and final accord

and satisfaction and release of all of the Released Claims.

Article IV

INDEMNIFICATION AND NON-DISPARAGEMENT

Section 4.1.

Indemnification by the Payor. The Payor shall defend, indemnify and hold harmless each of the Ether Machine Released Persons,

including the Berns Parties, from and against any and all out-of-pocket and reasonably documented losses, claims, damages, liabilities,

costs (including reasonable and documented external attorneys’ fees) and expenses (collectively, “Losses”)

arising out of or caused by or based upon any Action brought, directly or indirectly, by any ETHM Investor (excluding any ETHM Investor

that is a SPAC Releasing Party) or their Affiliates in which such Ether Machine Released Person or Berns Party, as applicable, may be

involved, or threatened to be involved, as a party, a witness, or otherwise, arising out of or relating to this Agreement, the Business

Combination Agreement, the Ancillary Documents, the dissolution of the Company or the Transactions. The Payor acknowledges and agrees

that the obligation of the Payor under this Agreement to indemnify any Ether Machine Released Person and any Berns Party for the matters

covered hereby (a “Payor Indemnification Claim”) shall be the primary source of indemnification and advancement

for such Ether Machine Released Person or Berns Party in connection therewith, and any obligation on the part of any other indemnitor

under any other agreement to indemnify such Ether Machine Released Person or Berns Party shall be secondary to the Payor’s obligation;

provided that the SPAC shall first use reasonable best efforts to also pursue all sources of indemnification and insurance otherwise

available in situations in which the Payor’s indemnification obligation applies to an Ether Machine Release Person, including, without

limitation, from proceeds of any available insurance coverage, in which case, the Payor’s indemnification obligation shall be reduced

by the amount of such insurance proceeds received. Without limiting the foregoing, the Payor shall upon written request by any Ether Machine

Released Person, including the Berns Parties, and no fewer than within 30 days of receiving any such written request, advance all reasonable

attorneys’ fees, costs, and expenses incurred by such Ether Machine Released Person, including the Berns Parties, in connection

with any Payor Indemnification Claim as they are incurred.

Section 4.2. Indemnification

by SPAC. SPAC shall defend, indemnify and hold harmless each of the SPAC Released Persons, including the Berns Parties, from and

against any and all out-of-pocket and reasonably documented Losses arising out of or caused by or based upon any Action brought by

any shareholder of the SPAC brought in their capacity as a shareholder of the SPAC in which such SPAC Released Person or Berns

Party, as applicable, may be involved, or threatened to be involved, as a party, a witness, or otherwise, arising out of or relating

to this Agreement, the Business Combination Agreement, the Ancillary Documents, the dissolution of the Company or the Transactions; provided, however,

SPAC shall not be required to indemnify the SPAC Released Persons or the Berns Parties from any Losses arising out of or caused by

or based upon any Action brought by an ETHM Investor or an Affiliate of an ETHM Investor. SPAC acknowledges and agrees that the

obligation of SPAC under this Agreement to indemnify any SPAC Released Person and any Berns Party for the matters covered hereby (a

“SPAC Indemnification Claim”) shall be the primary source of indemnification and advancement for such SPAC

Released Person or Berns Party in connection therewith, and any obligation on the part of any other indemnitor under any other

agreement to indemnify such SPAC Released Person or Berns Party shall be secondary to SPAC’s obligation; provided that

the SPAC Released Persons or Berns Party, as applicable, shall first use reasonable best efforts to also pursue all sources of

indemnification and insurance otherwise available in situations in which SPAC’s indemnification obligation applies, including,

without limitation, from proceeds of any available insurance coverage, in which case, the SPAC’s indemnification obligation

shall be reduced by the amount of such insurance proceeds received. Without limiting the foregoing, SPAC shall upon written request

by any SPAC Released Person, including the Berns Parties, and no fewer than within 30 days of receiving any such written request,

advance all reasonable attorneys’ fees, costs, and expenses incurred by such SPAC Released Person, including the Berns

Parties, in connection with any SPAC Indemnification Claim as they are incurred.

Section 4.3.

Indemnification Payments. Indemnification payments pursuant to Sections 4.1 and 4.2 shall be made within

30 days of submission of invoices or other requests for indemnification.

Section 4.4.

Non-Disparagement.

(a)

Each of the Ether Machine Releasing Parties agrees that, from and after the Effective Date, it shall not, and shall use commercially

reasonable efforts to cause its respective Affiliates and its and their current and former respective directors, executive officers, managing

directors, partners, members, managers, employees, attorneys and other advisors not to, directly or indirectly, in any capacity or manner,

make, express, transmit, speak, write, verbalize, or otherwise communicate in any way (including, without limitation, through social media,

the press, or to any third party) any remark, comment, message, information, declaration, communication, or other statement of any kind,

whether verbal, in writing, electronically transferred, or otherwise, that is intended to, or could reasonably be expected to, disparage,

defame, or otherwise impugn the reputation, business, or integrity of any Ether Machine Released Person.

(b)

Each of the SPAC Releasing Parties agrees that, from and after the Effective Date, it shall not, and shall use commercially reasonable

efforts to cause its respective Affiliates and its and their current and former respective directors, executive officers, managing directors,

partners, members, managers, employees, attorneys and other advisors not to, directly or indirectly, in any capacity or manner, make,

express, transmit, speak, write, verbalize, or otherwise communicate in any way (including, without limitation, through social media,

the press, or to any third party) any remark, comment, message, information, declaration, communication, or other statement of any kind,

whether verbal, in writing, electronically transferred, or otherwise, that is intended to, or could reasonably be expected to, disparage,

defame, or otherwise impugn the reputation, business, or integrity of any SPAC Released Person.

(c)

Notwithstanding the foregoing, nothing in this Section 4.4 shall prevent any Ether Machine Releasing Party or SPAC

Releasing Party from: (i) making any statement or disclosure required by applicable law, regulation, or legal process (including

deposition or trial testimony); (ii) providing truthful information to any governmental or regulatory authority (including the SEC)

in connection with any investigation or filing; (iii) making any truthful statement in connection with any action to enforce the

terms of this Agreement; or (iv) making internal communications between a Party and its advisors for the purpose of obtaining professional

advice.

Article V

REPRESENTATIONS AND WARRANTIES

Section 5.1.

Representations and Warranties. Each of the Parties hereto represents and warrants to the other Parties that:

(a)

It has not heretofore assigned or transferred, or purported to assign or transfer, to any person or entity any claim or cause of

action released pursuant to Article III of this Agreement;

(b)

There are no liens or claims of lien, or assignments in law or equity or otherwise, of or against any claim or cause of action

released pursuant to Article III of this Agreement;

(c)

It has duly executed and delivered this Agreement and is fully authorized to enter into and perform this Agreement and every term

hereof;

(d)

It has been represented by legal counsel in the negotiation and joint preparation of this Agreement, has received advice from legal

counsel in connection with this Agreement and is fully aware of this Agreement’s provisions and legal effect;

(e)

It enters into this Agreement freely, without coercion, and based on its own judgment and not in reliance upon any representations

or promises made by the other Party, apart from those set forth in this Agreement; and

(f)

It has the authority, and has obtained all necessary approvals, including, but not limited to, approval of the Parties’ respective

Boards of Directors, as necessary, to enter into this Agreement and all the releases, undertakings, covenants, representations, warranties

and other obligations and provisions contained in this Agreement.

Article VI

GENERAL PROVISIONS

Section 6.1.

Publicity. Within four Business Days following the execution and delivery of this Agreement, SPAC shall file a Current Report

on Form 8-K, which shall include a copy of this Agreement as an exhibit. None of the Payor, the Seller, Pubco, the Company or SPAC

Merger Sub or their Affiliates shall make any public disclosure of the existence of this Agreement or its terms until such Form 8-K

has been filed.

Section 6.2.

Notices. All notices, consents, waivers and other communications hereunder shall be in writing and shall be deemed to have

been duly given when delivered (a) in person, (b) by facsimile, email or other electronic means, with affirmative confirmation

of receipt (excluding out-of-office replies or other automatically generated responses), (c) one Business Day after being sent, if

sent by reputable, nationally recognized overnight courier service or (d) four Business Days after being mailed, if sent by registered

or certified mail, pre-paid and return receipt requested, in each case to the applicable Party at the following addresses (or at such

other address for a Party as shall be specified by like notice):

If to SPAC, SPAC Subsidiaries or Sponsor, to:

Dynamix Corporation

1980 Post Oak Blvd., Suite 100

PMB 6373

Houston, TX 77056

Attn: Andrea ‘Andrejka’ Bernatova

Email: andrejka@regen.io

with a copy (which will not constitute notice) to:

Gibson, Dunn & Crutcher LLP

1700 M Street, N.W.

Washington, D.C. 20036-4504

Attn: Gerry Spedale; Evan D’Amico; Harrison Korn

Email: gspedale@gibsondunn.com; edamico@gibsondunn.com; hkorn@gibsondunn.com

If to the Seller, Pubco, the Company, SPAC Merger Sub or the

Payor, to:

The Ether Machine, Inc.

2093 Philadelphia Pike #2640

Claymont, DE 19703

Attn: Andrew Keys

Email: ak@ethermachine.com

with a copy (which will not constitute notice) to:

Skadden, Arps, Slate, Meagher & Flom LLP

22 Bishopsgate,

EC2N 4BQ London

Attn: Lorenzo Corte; Ryan Dzierniejko

Email: lorenzo.corte@skadden.com; ryan.dzierniejko@skadden.com

Section 6.3.

Counterparts; Effectiveness. This Agreement may be executed and delivered (including by facsimile, email or other electronic

means or transmission) in one or more counterparts, and by the different Parties in separate counterparts, each of which when executed

shall be deemed to be an original but all of which taken together shall constitute one and the same agreement. Copies of executed counterparts

of this Agreement transmitted by electronic transmission (including by email or in .pdf format) or facsimile as well as electronically

or digitally executed counterparts (such as DocuSign) shall have the same legal effect as original signatures and shall be considered

original executed counterparts of this Agreement.

Section 6.4.

Governing Law.

(a)

Subject to Section 6.4(b), this Agreement and all claims or causes of action based upon, arising out of, or related

to this Agreement shall be governed by, construed and enforced in accordance with the Laws of the State of Delaware, without regard to

the conflict of Laws principles or rules thereof to the extent such principles or rules would require or permit the application of Laws

of another jurisdiction.

(b)

Any Action based upon, arising out of or related to this Agreement must be brought in the Court of Chancery of the State of Delaware

(or, to the extent such court does not have subject matter jurisdiction, the Superior Court of the State of Delaware), or, if it has or

can acquire jurisdiction, in the United States District Court for the District of Delaware, and each Party irrevocably (i) submits

to the exclusive jurisdiction of each such court in any such Action, (ii) waives any objection it may now or hereafter have to personal

jurisdiction, venue or to convenience of forum, (iii) agrees that all claims in respect of the Action shall be heard and determined

only in any such court, and (iv) agrees not to bring any Action arising out of or relating to this Agreement in any other court.

Nothing herein contained shall be deemed to affect the right of any Party to serve process in any manner permitted by Law or to commence

Actions or otherwise proceed against any other Party in any other jurisdiction, in each case, to enforce judgments obtained in any Action

brought pursuant to this Section 6.4.

Section 6.5. WAIVER

OF JURY TRIAL. EACH PARTY ACKNOWLEDGES AND AGREES THAT ANY CONTROVERSY THAT MAY ARISE PURSUANT TO THIS AGREEMENT IS LIKELY TO

INVOLVE COMPLICATED AND DIFFICULT ISSUES, AND THEREFORE EACH PARTY HEREBY IRREVOCABLY AND UNCONDITIONALLY WAIVES ANY RIGHT THAT SUCH

PARTY MAY HAVE TO A TRIAL BY JURY IN RESPECT OF ANY LEGAL PROCEEDING DIRECTLY OR INDIRECTLY ARISING OUT OF OR RELATING TO THIS

AGREEMENT.

Section 6.6.

No Admission of Liability. The Parties understand and acknowledge that this Agreement and the performance of obligations

herein constitute a compromise and settlement of the Released Claims. No action taken by any Ether Machine Releasing Parties, on the one

hand, or any SPAC Releasing Parties, on the other hand, either previously or in connection with this Agreement, shall be deemed or construed

to be (a) an admission of the truth or falsity of any actual or potential claims or (b) an acknowledgment or admission of any

fault or liability whatsoever.

Section 6.7.

Non-Reliance. Each of the Parties acknowledges and agrees that in entering into this Agreement it has not relied and is

not relying on any representations, warranties or other statements whatsoever, whether written or oral (from or by any of the Released

Persons or any Person acting on their behalf) other than those expressly set out in this Agreement (or other related documents referred

to herein) and that it will not have any right or remedy rising out of any representation, warranty or other statement not expressly set

out in this Agreement.

Section 6.8.

Prevailing Party. In the event that any Party institutes any Action or proceeding to enforce the terms of this Agreement

or for breach of this Agreement (including any dispute arising out of or relating to any indemnification or advancement obligation

hereunder), the prevailing Party in such Action shall be entitled to recover its reasonable and documented out of pocket costs and expenses

incurred in connection therewith, including reasonable attorneys’ fees and expenses, from the non prevailing Party (in addition

to any other relief to which such prevailing Party may be entitled). For purposes of this Section, “prevailing Party”

shall mean the Party that substantially obtains or successfully defends against the relief sought, whether by judgment, dismissal, settlement,

or other dispositive outcome.

Section 6.9.

Assignment; Binding Effect. Neither this Agreement nor any of the rights, interests or obligations hereunder shall be assigned

by any of the Parties hereto (whether by operation of Law or otherwise) without the prior written consent of the other Parties. This Agreement

shall be binding upon and shall inure to the benefit of the Parties hereto and their respective successors and, subject to the preceding

sentence, assigns.

Section 6.10.

Severability. Any term or provision of this Agreement which is invalid or unenforceable in any jurisdiction shall, as to

that jurisdiction, be ineffective to the extent of such invalidity or unenforceability without rendering invalid or unenforceable the

remaining terms and provisions of this Agreement in any other jurisdiction. If any provision of this Agreement is so broad as to be unenforceable,

such provision shall be interpreted to be only as broad as is enforceable.

Section 6.11.

Entire Agreement; No Third-Party Beneficiaries. This Agreement constitutes the entire agreement of the Parties hereto

with respect to the subject matter hereof, and supersedes all other prior agreements and understandings, both written and oral, between

the Parties, or any of them, with respect to the subject matter hereof and thereof; provided, however, that the confidentiality

obligations of the Parties set forth in Section 8.14 of the Business Combination Agreement shall survive this Agreement and remain

in full force and effect. Each Party hereto acknowledges and agrees that each of the non-party Released Persons and the Berns Parties,

as applicable, are express third-party beneficiaries of the releases of such non-party Released Persons contained in Sections 3.1,

3.2 and 3.3, covenants not to sue contained in Section 3.4, indemnification covenant contained in Sections 4.1

and 4.2, indemnification payments contained in Section 4.3, and non-disparagement covenant contained in Section 4.4

of this Agreement and are entitled to enforce rights under such sections (and Section 6.8) to the same extent that such non-party

Released Persons or Berns Parties, as applicable, could enforce such rights if they were a party to this Agreement. Except as provided

in the preceding sentence, there are no third-party beneficiaries to this Agreement, and this Agreement is not otherwise intended to and

shall not otherwise confer upon any Person other than the Parties hereto any rights or remedies hereunder.

Section 6.12.

Headings. Headings of the Articles and Sections of this Agreement are for convenience of the Parties only and shall be given

no substantive or interpretive effect whatsoever.

Section 6.13. Interpretation.

When a reference is made in this Agreement to an Article or Section, such reference shall be to an Article or Section of this

Agreement unless otherwise indicated. Whenever the words “include,” “includes” or “including”

are used in this Agreement, they shall be deemed to be followed by the words “without limitation.” The words

“hereof,” “herein” and “hereunder” and words of similar import when used in this Agreement shall

refer to this Agreement as a whole and not to any particular provision of this Agreement. The word “or” shall be deemed

to mean “and/or.” The definitions contained in this Agreement are applicable to the singular as well as the plural forms

of such terms and to the masculine as well as to the feminine and neuter genders of such term. Any agreement, instrument or statute

defined or referred to herein or in any agreement or instrument that is referred to herein means such agreement, instrument or

statute as from time to time amended, modified or supplemented, including (in the case of agreements or instruments) by waiver or

consent and (in the case of statutes) by succession of comparable successor statutes and references to all attachments thereto and

instruments incorporated therein. Each of the Parties has participated in the drafting and negotiation of this Agreement. If an

ambiguity or question of intent or interpretation arises, this Agreement must be construed as if it is drafted by all the Parties,

and no provision of this Agreement shall be construed against any party based on its authorship of any of the provisions of this

Agreement.

[Signature Page Follows]

IN WITNESS WHEREOF, the undersigned

have caused this Agreement to be duly executed and delivered as of the date first above written.

SPAC:

DYNAMIX CORPORATION

By:

Name:

Title:

SPAC Subsidiary A:

ETHOS SUB 1, INC.

By:

Name:

Title:

SPAC Subsidiary B:

ETHOS SUB 2, INC.

By:

Name:

Title:

Company Merger Sub:

ETHOS SUB 3, INC.

By:

Name:

Title:

Sponsor:

DYNAMIXCORE HOLDINGS, LLC

By:

Name:

Title:

[Signature Page to Termination Agreement]

Pubco:

THE ETHER MACHINE, INC.

By:

Name:

Title:

SPAC Merger Sub:

ETH SPAC MERGER SUB LTD.

By:

Name:

Title:

The Company:

THE ETHER RESERVE LLC

By:

Name:

Title:

The Seller:

ETH PARTNERS LLC

By:

Name:

Title:

Payor:

Name:

XML — IDEA: XBRL DOCUMENT

XML

Filename: R1.htm · Sequence: 8

v3.26.1

Cover

Apr. 08, 2026

Document Type

8-K

Amendment Flag

false

Document Period End Date

Apr. 08, 2026

Entity File Number

001-42414

Entity Registrant Name

Dynamix Corporation

Entity Central Index Key

0002028699

Entity Tax Identification Number

00-0000000

Entity Incorporation, State or Country Code

Entity Address, Address Line One

1980 Post Oak Blvd.

Entity Address, Address Line Two

Suite 100

Entity Address, Address Line Three

PMB 6373

Entity Address, City or Town

Houston

Entity Address, State or Province

Entity Address, Postal Zip Code

77056

City Area Code

646

Local Phone Number

792 5600

Written Communications

false

Soliciting Material

false

Pre-commencement Tender Offer

false

Pre-commencement Issuer Tender Offer

false

Entity Emerging Growth Company

true

Elected Not To Use the Extended Transition Period

false

Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant

Title of 12(b) Security

Units, each consisting of one Class A ordinary share and one-half of one redeemable warrant

Trading Symbol

ETHMU

Security Exchange Name

NASDAQ

Class A ordinary shares, par value $0.0001 per share

Title of 12(b) Security

Class A ordinary shares, par value $0.0001 per share

Trading Symbol

ETHM

Security Exchange Name

NASDAQ

Redeemable warrants, each whole warrant exercisable for one Class A ordinary share, at an exercise price of $11.50 per share

Title of 12(b) Security

Redeemable warrants, each whole warrant exercisable for one Class A ordinary share, at an exercise price of $11.50 per share

Trading Symbol

ETHMW

Security Exchange Name

NASDAQ

- Definition

Boolean flag that is true when the XBRL content amends previously-filed or accepted submission.

+ References

No definition available.

+ Details

Name:

dei_AmendmentFlag

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Area code of city

+ References

No definition available.

+ Details

Name:

dei_CityAreaCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

For the EDGAR submission types of Form 8-K: the date of the report, the date of the earliest event reported; for the EDGAR submission types of Form N-1A: the filing date; for all other submission types: the end of the reporting or transition period. The format of the date is YYYY-MM-DD.

+ References

No definition available.

+ Details

Name:

dei_DocumentPeriodEndDate

Namespace Prefix:

dei_

Data Type:

xbrli:dateItemType

Balance Type:

Period Type:

duration

- Definition

The type of document being provided (such as 10-K, 10-Q, 485BPOS, etc). The document type is limited to the same value as the supporting SEC submission type, or the word 'Other'.

+ References

No definition available.

+ Details

Name:

dei_DocumentType

Namespace Prefix:

dei_

Data Type:

dei:submissionTypeItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 1 such as Attn, Building Name, Street Name

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine1

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 2 such as Street or Suite number

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine2

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Address Line 3 such as an Office Park

+ References

No definition available.

+ Details

Name:

dei_EntityAddressAddressLine3

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the City or Town

+ References

No definition available.

+ Details

Name:

dei_EntityAddressCityOrTown

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Code for the postal or zip code

+ References

No definition available.

+ Details

Name:

dei_EntityAddressPostalZipCode

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Name of the state or province.

+ References

No definition available.

+ Details

Name:

dei_EntityAddressStateOrProvince

Namespace Prefix:

dei_

Data Type:

dei:stateOrProvinceItemType

Balance Type:

Period Type:

duration

- Definition

A unique 10-digit SEC-issued value to identify entities that have filed disclosures with the SEC. It is commonly abbreviated as CIK.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityCentralIndexKey

Namespace Prefix:

dei_

Data Type:

dei:centralIndexKeyItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if registrant meets the emerging growth company criteria.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityEmergingGrowthCompany

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Indicate if an emerging growth company has elected not to use the extended transition period for complying with any new or revised financial accounting standards.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 7A

-Section B

-Subsection 2

+ Details

Name:

dei_EntityExTransitionPeriod

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Commission file number. The field allows up to 17 characters. The prefix may contain 1-3 digits, the sequence number may contain 1-8 digits, the optional suffix may contain 1-4 characters, and the fields are separated with a hyphen.

+ References

No definition available.

+ Details

Name:

dei_EntityFileNumber

Namespace Prefix:

dei_

Data Type:

dei:fileNumberItemType

Balance Type:

Period Type:

duration

- Definition

Two-character EDGAR code representing the state or country of incorporation.

+ References

No definition available.

+ Details

Name:

dei_EntityIncorporationStateCountryCode

Namespace Prefix:

dei_

Data Type:

dei:edgarStateCountryItemType

Balance Type:

Period Type:

duration

- Definition

The exact name of the entity filing the report as specified in its charter, which is required by forms filed with the SEC.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityRegistrantName

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

The Tax Identification Number (TIN), also known as an Employer Identification Number (EIN), is a unique 9-digit value assigned by the IRS.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b-2

+ Details

Name:

dei_EntityTaxIdentificationNumber

Namespace Prefix:

dei_

Data Type:

dei:employerIdItemType

Balance Type:

Period Type:

duration

- Definition

Local phone number for entity.

+ References

No definition available.

+ Details

Name:

dei_LocalPhoneNumber

Namespace Prefix:

dei_

Data Type:

xbrli:normalizedStringItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 13e-4(c) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 13e

-Subsection 4c

+ Details

Name:

dei_PreCommencementIssuerTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as pre-commencement communications pursuant to Rule 14d-2(b) under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14d

-Subsection 2b

+ Details

Name:

dei_PreCommencementTenderOffer

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Title of a 12(b) registered security.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection b

+ Details

Name:

dei_Security12bTitle

Namespace Prefix:

dei_

Data Type:

dei:securityTitleItemType

Balance Type:

Period Type:

duration

- Definition

Name of the Exchange on which a security is registered.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 12

-Subsection d1-1

+ Details

Name:

dei_SecurityExchangeName

Namespace Prefix:

dei_

Data Type:

dei:edgarExchangeCodeItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as soliciting material pursuant to Rule 14a-12 under the Exchange Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Exchange Act

-Number 240

-Section 14a

-Subsection 12

+ Details

Name:

dei_SolicitingMaterial

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Definition

Trading symbol of an instrument as listed on an exchange.

+ References

No definition available.

+ Details

Name:

dei_TradingSymbol

Namespace Prefix:

dei_

Data Type:

dei:tradingSymbolItemType

Balance Type:

Period Type:

duration

- Definition

Boolean flag that is true when the Form 8-K filing is intended to satisfy the filing obligation of the registrant as written communications pursuant to Rule 425 under the Securities Act.

+ References

Reference 1: http://www.xbrl.org/2003/role/presentationRef

-Publisher SEC

-Name Securities Act

-Number 230

-Section 425

+ Details

Name:

dei_WrittenCommunications

Namespace Prefix:

dei_

Data Type:

xbrli:booleanItemType

Balance Type:

Period Type:

duration

- Details

Name:

us-gaap_StatementClassOfStockAxis=ETHM_UnitsEachConsistingOfOneClassOrdinaryShareAndOnehalfOfOneRedeemableWarrantMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=ETHM_ClassOrdinarySharesParValue0.0001PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type:

- Details

Name:

us-gaap_StatementClassOfStockAxis=ETHM_RedeemableWarrantsEachWholeWarrantExercisableForOneClassOrdinaryShareAtExercisePriceOf11.50PerShareMember

Namespace Prefix:

Data Type:

Balance Type:

Period Type: