Dynamix (DYNX) said Tuesday it will change the ticker symbol of its common stock on Nasdaq to "ETHM" from "DYNX."

According to the company, the move was made to reflect its planned merger with The Ether Reserve to form The Ether Machine.

The ticker symbol for the company's units will also change to "ETHMU" from "DYNXU," while the ticker symbol for its warrants will change to "ETHMW" from "DYNXW."

The changes will become effective Wednesday.

The boards of both companies have approved the merger, which is expected to close by Q4.