The Ether Machine plans to go public through a business merger with NASDAQ-listed Dynamix. If shareholders approve and other conditions are met, the merger is expected to be completed in the fourth quarter of this year.

Planet Daily News: According to official information, The Ether Machine will conduct a business merger through The Ether Reserve, LLC entity and Dynamix Corporation (NASDAQ code: DYNX), with the merged entity expected to be listed on NASDAQ with the stock code "ETHM". The company is anticipated to launch with over 400,000 ETH, with core funding of approximately $645 million (169,984 ETH) contributed by Andrew Keys, an early ConsenSys member and founder of the Enterprise Ethereum Alliance (EEA). Additionally, common stock financing from top institutions, native cryptocurrency, and strategic investors including 1Roundtable Partners / 10T Holdings, Archetype, Blockchain.com, cyber•Fund, Electric Capital, Kraken, and Pantera Capital exceeds $800 million. The transaction is expected to generate over $1.6 billion in gross revenue, including more than $1.5 billion in fully committed financing and up to $170 million in cash, to be held in Dynamix's trust account, potentially becoming the largest public ETH output company. The Ether Machine and DYNX boards have unanimously approved the proposed business merger, which is expected to be completed in the fourth quarter of 2025, subject to shareholder approval and other customary completion conditions.