Periscope Capital Inc. Makes New Investment in CSLM Digital Asset Acquisition Corp III, Ltd $KOYN

Periscope Capital Inc. bought a new position in CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYN) in the 4th quarter, according to its most recent filing with the Securities and Exchange Commission (SEC). The firm bought 414,900 shares of the company’s stock, valued at approximately $4,128,000.

Several other hedge funds and other institutional investors also recently made changes to their positions in KOYN. Wolverine Asset Management LLC acquired a new position in shares of CSLM Digital Asset Acquisition Corp III in the fourth quarter worth about $3,060,000. ABC Arbitrage SA acquired a new position in shares of CSLM Digital Asset Acquisition Corp III in the fourth quarter worth about $398,000. Wealthspring Capital LLC acquired a new stake in shares of CSLM Digital Asset Acquisition Corp III during the fourth quarter worth approximately $6,027,000. Geode Capital Management LLC acquired a new stake in shares of CSLM Digital Asset Acquisition Corp III during the fourth quarter worth approximately $134,000. Finally, Commonwealth of Pennsylvania Public School Empls Retrmt SYS acquired a new stake in shares of CSLM Digital Asset Acquisition Corp III during the fourth quarter worth approximately $2,985,000.

CSLM Digital Asset Acquisition Corp III Stock Down 0.1%

KOYN stock opened at $10.12 on Friday. The stock’s 50 day moving average is $10.09. CSLM Digital Asset Acquisition Corp III, Ltd has a 52 week low of $9.85 and a 52 week high of $10.13.

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

CSLM Digital Asset Acquisition Corp III Company Profile

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.