Aristeia Capital L.L.C. Acquires New Shares in CSLM Digital Asset Acquisition Corp III, Ltd $KOYN

Aristeia Capital L.L.C. bought a new stake in CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYN) during the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission (SEC). The fund bought 305,386 shares of the company’s stock, valued at approximately $3,039,000.

Other institutional investors and hedge funds have also modified their holdings of the company. Arax Advisory Partners acquired a new stake in shares of CSLM Digital Asset Acquisition Corp III in the fourth quarter worth about $29,000. Geode Capital Management LLC bought a new stake in CSLM Digital Asset Acquisition Corp III during the 4th quarter valued at approximately $134,000. ABC Arbitrage SA acquired a new stake in CSLM Digital Asset Acquisition Corp III in the 4th quarter valued at approximately $398,000. DLD Asset Management LP bought a new position in CSLM Digital Asset Acquisition Corp III in the 4th quarter worth approximately $398,000. Finally, Glazer Capital LLC increased its position in CSLM Digital Asset Acquisition Corp III by 9.1% in the 4th quarter. Glazer Capital LLC now owns 1,200,000 shares of the company’s stock worth $11,940,000 after buying an additional 100,000 shares during the period.

CSLM Digital Asset Acquisition Corp III Stock Performance

KOYN opened at $10.13 on Thursday. The business’s fifty day simple moving average is $10.11. CSLM Digital Asset Acquisition Corp III, Ltd has a fifty-two week low of $9.85 and a fifty-two week high of $10.14.

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

Analyst Upgrades and Downgrades

Separately, Weiss Ratings upgraded shares of CSLM Digital Asset Acquisition Corp III from a “sell (e+)” rating to a “sell (d-)” rating in a research note on Thursday, June 11th. One research analyst has rated the stock with a Sell rating, According to MarketBeat, CSLM Digital Asset Acquisition Corp III has a consensus rating of “Sell”.

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.