Commonwealth of Pennsylvania Public School Empls Retrmt SYS Invests $2.99 Million in CSLM Digital Asset Acquisition Corp III, Ltd $KOYN

Commonwealth of Pennsylvania Public School Empls Retrmt SYS bought a new position in CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYN) in the 4th quarter, according to the company in its most recent 13F filing with the SEC. The firm bought 300,000 shares of the company’s stock, valued at approximately $2,985,000.

Several other institutional investors have also recently made changes to their positions in the company. Geode Capital Management LLC bought a new stake in shares of CSLM Digital Asset Acquisition Corp III in the 4th quarter worth about $134,000. Wealthspring Capital LLC bought a new stake in shares of CSLM Digital Asset Acquisition Corp III in the 4th quarter worth about $6,027,000. ABC Arbitrage SA bought a new stake in shares of CSLM Digital Asset Acquisition Corp III in the 4th quarter worth about $398,000. Finally, Wolverine Asset Management LLC bought a new stake in shares of CSLM Digital Asset Acquisition Corp III in the 4th quarter worth about $3,060,000.

Wall Street Analyst Weigh In

Separately, Weiss Ratings reaffirmed a “sell (e+)” rating on shares of CSLM Digital Asset Acquisition Corp III in a research note on Friday, May 29th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, CSLM Digital Asset Acquisition Corp III currently has an average rating of “Sell”.

CSLM Digital Asset Acquisition Corp III Trading Up 0.0%

Shares of CSLM Digital Asset Acquisition Corp III stock opened at $10.13 on Friday. The stock has a 50 day moving average price of $10.09. CSLM Digital Asset Acquisition Corp III, Ltd has a 52-week low of $9.85 and a 52-week high of $10.14.

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

CSLM Digital Asset Acquisition Corp III 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.