Aristeia Capital L.L.C. Acquires Shares of 305,386 CSLM Digital Asset Acquisition Corp III, Ltd $KOYN

Aristeia Capital L.L.C. acquired a new position in shares of CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYN) during the fourth quarter, HoldingsChannel reports. The fund acquired 305,386 shares of the company’s stock, valued at approximately $3,039,000.

Other hedge funds and other institutional investors have also recently added to or reduced their stakes in the company. AQR Arbitrage LLC acquired a new stake in shares of CSLM Digital Asset Acquisition Corp III in the fourth quarter valued at approximately $12,074,000. Magnetar Financial LLC acquired a new position in shares of CSLM Digital Asset Acquisition Corp III during the fourth quarter valued at $7,960,000. Healthcare of Ontario Pension Plan Trust Fund acquired a new position in shares of CSLM Digital Asset Acquisition Corp III during the fourth quarter valued at $6,468,000. Wealthspring Capital LLC acquired a new position in CSLM Digital Asset Acquisition Corp III during the 4th quarter valued at about $6,027,000. Finally, Alberta Investment Management Corp bought a new stake in shares of CSLM Digital Asset Acquisition Corp III during the 4th quarter valued at $4,975,000.

Analyst Ratings Changes

Separately, Weiss Ratings raised shares of CSLM Digital Asset Acquisition Corp III from a “sell (e+)” rating to a “sell (d-)” rating in a report on Thursday, June 11th. One equities research analyst has rated the stock with a Sell rating, Based on data from MarketBeat, CSLM Digital Asset Acquisition Corp III has an average rating of “Sell”.

CSLM Digital Asset Acquisition Corp III Price Performance

Shares of KOYN opened at $10.13 on Thursday. The company has a 50-day moving average price of $10.11. CSLM Digital Asset Acquisition Corp III, Ltd has a one year low of $9.85 and a one year high of $10.14.

CSLM Digital Asset Acquisition Corp III (NASDAQ:KOYN) last released its quarterly earnings data on Thursday, March 19th. The company reported ($1.09) EPS for the quarter.

About CSLM Digital Asset Acquisition Corp III

CSLM Digital Asset Acquisition Corp III (NASDAQ: KOYN) is a publicly traded special purpose acquisition company (SPAC) formed to identify, acquire and combine with one or more businesses in the digital asset and blockchain-related sectors. As a blank‑check vehicle, the company’s primary activity is to raise capital through its initial public offering and hold those proceeds in trust while it pursues a business combination that would result in an operating company focused on digital assets, crypto infrastructure, or related financial technology services.

Prior to completing a business combination, CSLM Digital Asset Acquisition Corp III does not operate a commercial business; its operations are limited to searching for suitable targets, conducting due diligence, negotiating transaction terms and preparing for a potential merger or acquisition.