5 Micro-Cap Stocks To Buy According To Cathie Wood

2. Dynamics Special Purpose Corp. (NASDAQ:DYNS)

Percentage of ARK Investment Management’s 13F Portfolio: 0.09%

ARK Investment Management’s Stake Value: $22.49

Number of Hedge Fund Holders: N/A

Market Capitalization: $221. 28 million

Dynamics Special Purpose Corp. (NASDAQ:DYNS) is a blank check company that was formed in May 2021 for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. Cathie Wood, via ARK Investment Management, holds 2.27 million shares in Dynamics Special Purpose Corp. (NASDAQ:DYNS), worth $22.49 million at the end of March, representing 0.09% of the fund’s total Q1 portfolio.

On June 8, shareholders of Dynamics Special Purpose Corp. (NASDAQ:DYNS) approved a proposed merger with cellular therapy developer Senti Biosciences. In a filing, the company said that shareholders voted in favor of the deal which pegs the company with a pro form equity value of $601 million. The said merger was announced earlier in December.

Michael Rockefeller and Karl Kroeker’s Woodline Partners is one of the most prominent Dynamics Special Purpose Corp. (NASDAQ:DYNS) stakeholders, with 2 million shares worth more than $19.7 million by the end of Q1.