Does Dispel Magic Affect Living Spells in any Meaningful Way?

I recently came to a point where I was trying to find a source that talks about Dispel Magic in relation to Living Spells. Living Spells are very similar in a lot of ways to spells with a few notable exceptions obviously, but they are still at their core magical spells from what I can ascertain. Dispel Magic can currently dispel spells with a d20 check sometimes if they spell is of a certain level or higher, but it doesn’t address whether a Living Spell would be affected by Dispel Magic.

How would Dispel Magic work when cast on a Living Spell?