CSLM Digital Asset Acquisition Corp III, Ltd $KOYN Shares Sold by Clear Street Group Inc.

Clear Street Group Inc. lowered its position in CSLM Digital Asset Acquisition Corp III, Ltd (NASDAQ:KOYN) by 22.6% during the fourth quarter, HoldingsChannel.com reports. The institutional investor owned 198,058 shares of the company’s stock after selling 57,681 shares during the quarter. Clear Street Group Inc.’s holdings in CSLM Digital Asset Acquisition Corp III were worth $1,971,000 as of its most recent SEC filing.

A number of other institutional investors have also recently added to or reduced their stakes in KOYN. Arax Advisory Partners acquired a new position in CSLM Digital Asset Acquisition Corp III in the 4th quarter worth $29,000. Geode Capital Management LLC acquired a new position in CSLM Digital Asset Acquisition Corp III in the 4th quarter worth $134,000. DLD Asset Management LP acquired a new position in CSLM Digital Asset Acquisition Corp III in the 4th quarter worth $398,000. ABC Arbitrage SA acquired a new position in CSLM Digital Asset Acquisition Corp III in the 4th quarter worth $398,000. Finally, Quarry LP acquired a new position in CSLM Digital Asset Acquisition Corp III in the 4th quarter worth $1,294,000.

Analyst Ratings Changes

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

CSLM Digital Asset Acquisition Corp III Trading Down 0.0%

Shares of CSLM Digital Asset Acquisition Corp III stock opened at $10.14 on Monday. The firm has a 50-day moving average of $10.10. CSLM Digital Asset Acquisition Corp III, Ltd has a 1 year low of $9.85 and a 1 year high of $10.14.

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