The Ether Machine and Dynamix Corporation have mutually terminated their planned SPAC merger, citing unfavorable market conditions. The decision, announced on April 8, 2026, will see Dynamix receive a $50 million cash payment within 15 days as part of the exit terms. The merger, initially agreed upon on July 21, 2025, was officially dissolved through a filing with the U.S. Securities and Exchange Commission. The termination agreement includes mutual releases and indemnification provisions, protecting both parties from potential claims. The Ether Machine, which holds approximately 496,712 ETH, will continue its operations privately without any new public listing plans. Dynamix, trading under the ticker ETHM on Nasdaq, has until November 22, 2026, to complete a new business combination or face potential liquidation. The Ether Machine remains focused on Ethereum accumulation and yield strategies, with no further public statements from its leadership beyond the official announcement.